Weatherford International PLC Ordinary Shares - New
WFRD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &V | LOCK|DrV | LOCK|rZjrMM# |
Weatherford Earnings: Strong Quarter and Payment Resumption Improves Outlook; We Raise Fair Value
Weatherford reported strong fourth-quarter earnings that exceeded both our top-line and EBITDA expectations. EBITDA margin improved 74 basis points sequentially to 22.6%, while free cash flow of $222 million was a surprise to the upside.
