Weatherford International PLC (NASDAQ:WFRD – Get Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Thursday, August 6th will be given a dividend of 0.275 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, August 6th.
Weatherford International Price Performance
WFRD stock opened at $88.35 on Tuesday. The company has a fifty day moving average price of $90.32 and a 200-day moving average price of $95.78. The company has a market capitalization of $6.33 billion, a P/E ratio of 17.43, a PEG ratio of 1.47 and a beta of 0.86. Weatherford International has a 52-week low of $52.70 and a 52-week high of $113.15. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.77 and a current ratio of 2.34.
Weatherford International (NASDAQ:WFRD – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.35). The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. Weatherford International had a return on equity of 21.50% and a net margin of 7.66%.Weatherford International’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.87 EPS. As a group, equities analysts expect that Weatherford International will post 5.35 EPS for the current year.
About Weatherford International
Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.
In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.
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