Weatherford International PLC Ordinary Shares - New
WFRD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lX | LOCK|k$ | LOCK|Gjv&CNT |
Weatherford Earnings: Margin Defended Despite Middle East Disruptions; NCS Acquisition Is Attractive
Weatherford's second-quarter revenue of $1.1 billion decreased 8% year on year, though unsurprisingly, disruptions in the Middle East played a role. Weatherford's drilling and evaluation segment unsurprisingly took the brunt of this disruption as producers focus on current assets.
