Weatherford International PLC Ordinary Shares - New
WFRD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%$ | LOCK|H! | LOCK|<yQRdJW |
Weatherford Earnings: Portfolio Moves and Solid Results Despite Tough Macroeconomic Backdrop
Weatherford enjoyed a solid second quarter, with third-quarter revenue of $1.14 billion improving 3% sequentially, and adjusted EBITDA margin of 22.2% increasing by 200 basis points over that same period. Weatherford also completed its stock and cash acquisition of NCS multistage.
