Weatherford

Weatherford is a manufacturer and distributor of equipment for drilling, evaluation, production and intervention of oil and natural gas wells. Read more

19,836 Followers on Owler
19,836 Followers on Owler
19,836 Followers on Owler
19,836 Followers on Owler

Weatherford

Weatherford is a manufacturer and distributor of equipment for drilling, evaluation, production and intervention of oil and natural gas wells. Read more

Girish K. Saligram's photo - President & CEO of Weatherford

President & CEO

Girish K. Saligram

CEO Approval Rating

70/100

Founded:

1941

Status:

PublicIndependent CompanyOTCMKTSWFTLF

WEATHERFORD TOP COMPETITORS OR ALTERNATIVES

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Schlumberger is Weatherford's top competitor. Schlumberger was founded in 1926 in Houston, Texas. Schlumberger competes in the Oil & Gas Equipment & Services field. Schlumberger generates $18.1B more revenue than Weatherford.

Halliburton is perceived as one of Weatherford's biggest rivals. Halliburton's headquarters is in Houston, Texas, and was founded in 1919. Halliburton is in the Oil & Gas Exploration, Production, Sales industry. Halliburton generates 389% of Weatherford's revenue.

Baker Hughes is one of Weatherford's top competitors. Baker Hughes is a Public company that was founded in Houston, Texas in 1987. Like Weatherford, Baker Hughes also operates in the Oil & Gas Equipment & Services industry. Baker Hughes has 37,800 more employees vs. Weatherford.

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Weatherford Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.3B

Weatherford's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 4.1B. Over the last four quarters, Weatherford's revenue has grown by 1.3%. Specifically, in Q1 2021's revenue was $832M; in Q4 2020, it was $842M; in Q3 2020, it was $807M; in Q2 2020, Weatherford's revenue was $821M.

Weatherford Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Elite Energy Products Ltd.

Aug 2015

Source »
undisclosed
Elite Energy designs and manufactures rotating control devices and other specialty drilling equipment.

-

Petrowell Limited

Jun 2012

Source »
undisclosed
-

-

International Logging, Inc.

Aug 2008

Source »
undisclosed
-

-

V-Tech AS

Jun 2008

Source »
undisclosed
-
Precision Drilling Corporation

Jun 2005

Source »
undisclosed
Precision Drilling provides oil and natural gas drilling services and products.

These are all the companies that Weatherford has acquired. Weatherford has acquired 6 companies and its latest acquisition was Elite Energy Products Ltd. in Aug 2015. Elite Energy designs and manufactures rotating control devices and other specialty drilling equipment.

Weatherford Funding History

Since Weatherford was founded in 1941, it has participated in 1 round of funding. In total Weatherford has raised $5.0M. Weatherford's funding round was on Apr 2020 for a total of $5.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$5M - $10M

U.S. Small Business Administration.

Since Weatherford was founded in 1941, it has participated in 1 round of funding. In total Weatherford has raised $5.0M. Weatherford's funding round was on Apr 2020 for a total of $5.0M

Weatherford Investments

No recent investments found related to Weatherford

These are all the companies that Weatherford has invested in. Weatherford has invested 6 companies and its latest investment was Elite Energy Products Ltd. in Aug 2015. Elite Energy designs and manufactures rotating control devices and other specialty drilling equipment.

Weatherford News

March 30, 2021The Business Journals: Houston

Weatherford files to list shares on Nasdaq

"We believe this is the right time in our reemergence to relist on the Nasdaq stock exchange and that... See more »
March 1, 2021Seeking Alpha

Positives Priced In

February 18, 2021Energy Global News

WEATHERFORD REVENUE UP IN THE FOURTH QUARTER DECLINED 29% YEAR-ON-YEAR

Weatherford International announced its results for the fourth quarter and full-year 2020.• Revenues ... See more »
February 17, 2021MarketScreener

Weatherford Announces Fourth-Quarter and Full-Year 2020 Results

(marketscreener.com) Product Line Revenues Successor Predecessor Q4 2019 Period From Period From Non-... See more »
January 5, 2021Markets Insider

Weatherford Announces Fourth-Quarter and Full-Year 2020 Conference Call

HOUSTON, Jan. 5, 2021 /PRNewswire/ -- Weatherford International plc (OTC Pink: WFTLF) ('Weatherford' ... See more »

Weatherford Press Releases

August 18, 2020PRWeb

Weatherford, INT Expand Collaboration to Create 2D, 3D Real-Time Well Visualization

INT's IVAAP framework provides next-level real-time well visualization in 2D and 3D for Weatherford's... See more »
February 7, 2020PR Newswire

Weatherford annonce une conférence téléphonique sur les résultats

HOUSTON, 7 février 2020 /PRNewswire/ -- Weatherford International plc tiendra une conférence téléphon... See more »
February 6, 2020PR Newswire

Weatherford Announces Earnings Conference Call

HOUSTON, Feb. 6, 2020 /PRNewswire/ -- Weatherford International plc will host a conference call on Mo... See more »
November 15, 2019PR Newswire

Weatherford nomme un nouveau directeur financier

Christian Garcia se joint à l'équipe de la haute direction HOUSTON, 15 novembre 2019 /PRNewswire/ -- ... See more »
November 12, 2019PR Newswire

Weatherford and Partners Raise More than $370,000 in 2019 for Houston Non-Profits

HOUSTON, Nov. 12, 2019 /PRNewswire/ -- Weatherford International plc (OTC-PINK:WFTIQ) and partners ra... See more »
September 10, 2019PR Newswire

Weatherford unterzeichnet 87-Millionen-Dollar-Vertrag mit Petrobras

Der Vier-Jahres-Vertrag ist für Weatherford der bisher größte Vertrag für Fangarbeiten und Interventi... See more »

Weatherford Videos

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Weatherford Headquarters

2000 St. James Place

Houston, Texas77056

713-836-4000

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Weatherford Summary

ABOUT

Overview

Weatherford is a manufacturer and distributor of equipment for drilling, evaluation, production and intervention of oil and natural gas wells. Weatherford was founded in 1941. Weatherford's headquarters is located in Houston, Texas, USA 77056. It has ...

CEO

Weatherford's President & CEO, Girish K. Saligram, currently has an approval rating of 70%. Weatherford's primary competitors are Schlumberger, Halliburton & Baker Hughes.

Website

weatherford.com

Frequently Asked Questions about Weatherford

  1. When was Weatherford founded?

    Weatherford was founded in 1941
  2. Who is Weatherford's CEO?

    Weatherford's CEO is Girish K. Saligram
  3. How much revenue does Weatherford generate?

    Weatherford generates $3.3B in revenue
  4. How much funding does Weatherford have?

    Weatherford has historically raised $5M in funding
  1. Where is Weatherford's headquarters?

    Weatherford's headquarters is in Houston Texas, USA
  2. How many employees does Weatherford have?

    Weatherford has 17,200 employees
  3. What sector does Weatherford operate in?

    Weatherford is in Oil & Gas Equipment & Services
  4. Who are Weatherford's competitors?

    Weatherford's top competitors are Schlumberger, Halliburton, Baker Hughes