Weatherford International plc, an oilfield service company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing and fluid systems, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open hole and cased-hole logging services; and intervention and remediation services. Further, the company provides tubular handling, management, and connection services; drilling tools and rental equipment services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as multilateral well systems. Weatherford International plc was incorporated in 1972 and is based in Houston, Texas.
IPO Year:
Exchange: NASDAQ
Website: weatherford.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/24/2025 | $69.00 | Strong Buy → Outperform | Raymond James |
| 12/19/2024 | $87.00 | Neutral | Piper Sandler |
| 12/13/2024 | $132.00 → $98.00 | Buy → Neutral | Goldman |
| 5/14/2024 | $155.00 | Buy | Citigroup |
| 2/28/2024 | $135.00 | Overweight | Barclays |
| 11/10/2023 | $120.00 | Buy | BofA Securities |
| 6/7/2023 | $100.00 | Overweight | CapitalOne |
| 5/3/2023 | $100.00 | Strong Buy | Raymond James |
| 2/17/2023 | $88.00 | Buy | The Benchmark Company |
| 9/6/2022 | $53.00 | Outperform | Evercore ISI |
Raymond James downgraded Weatherford from Strong Buy to Outperform and set a new price target of $69.00
Piper Sandler initiated coverage of Weatherford with a rating of Neutral and set a new price target of $87.00
Goldman downgraded Weatherford from Buy to Neutral and set a new price target of $98.00 from $132.00 previously
Citigroup initiated coverage of Weatherford with a rating of Buy and set a new price target of $155.00
Barclays initiated coverage of Weatherford with a rating of Overweight and set a new price target of $135.00
BofA Securities initiated coverage of Weatherford with a rating of Buy and set a new price target of $120.00
CapitalOne initiated coverage of Weatherford with a rating of Overweight and set a new price target of $100.00
Raymond James initiated coverage of Weatherford with a rating of Strong Buy and set a new price target of $100.00
The Benchmark Company initiated coverage of Weatherford with a rating of Buy and set a new price target of $88.00
Evercore ISI resumed coverage of Weatherford with a rating of Outperform and set a new price target of $53.00
4 - Weatherford International plc (0001603923) (Issuer)