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Weatherford International Plc  (WFRD)
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Weatherford International Plc

WFRD's Financial Statements and Analysis



Weatherford International Plc reported in the third quarter of 2024 net earnings per share of $2.06 an increase by 24.1 % year on year from $1.66 and an improvement of 24.1 % from $1.66 realized in II. Quarter (Jun 30 2024).


third quarter of 2024
Earnings Per Share Revenues
$ 2.06 $  1,409 Mill
$+0.40     +24.1 % $+96M     +7.31 %



Weatherford International Plc's Revenue rose by 7.31 % in third quarter of 2024 (Sep 30 2024) year on year, to $1,409 million and advanced by 0.28 % sequentially.


Weatherford International Plc is

More on WFRD's Income Statement



Weatherford International Plc 's net income of $166.000 million in the third quarter of 2024 increased by 26.72 % from net earnings of $131.000 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 21.17 % from net income of $137.000 million realized in previous quarter.

More on WFRD's Growth

Weatherford International Plc Inventories
Inventories grew by 18.43 % to $919 million from III. Quarter a year ago, sequentially inventories rose by 3.96 %. WFRD's Cash flow In the third quarter of 2024 company's net cash flow was $58 million, capital expenditures fell by -4285.71%, to $-78 millions compare to same quarter a year ago

More on WFRD's Cash flow Statement


Weatherford International Plc payed out dividend of $0.24 per share in last 52 weeks representing 3.41 % of net earning per share in trailing twelve-month period.

During the same period Weatherford International Plc earned $ 12.21 cash per share, on a free-cash flow basis 173.4 % of net earning per share.

Book value grew by 9.50 % sequentially to $18.03 per share, 109.7% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 13.30 per share from $ 11.37.

Company repurchased 0.10 million shares or 0.13 % in Sep 30 2024.
Debt Coverage Ratio was 0.34.

More on WFRD's Dividends

 Market Capitalization (Millions) 6,166
 Shares Outstanding (Millions) 75
 Total Debt (Millions $) 1,648
 Revenue (TTM) (Millions $) 5,534
 Net Income (TTM) (Millions $) 573
 Cash Flow (TTM) (Millions $) 32
 Capital Exp. (TTM) (Millions $) -266
 Dividend TTM ($) 0.24 $
 Dividend Yield TTM (%) 1.17 %
 Employees (TTM) $ -




Weatherford International Plc payed out dividend of $0.24 per share in the last 52 weeks representing 3.41 % of net earning per share in trailing twelve-month period.

During the same period Weatherford International Plc had $ 12.21 cash flow per share, on a free-cash flow basis 173.4 % of net earning per share.

Book value grew by 9.50 % sequentially to $18.03 per share, 109.7% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 13.30 per share from $ 11.37.

Company repurchased 0.10 million shares or 0.13 % in Sep 30 2024.
Debt Coverage Ratio was 0.34.

More on WFRD's Balance Sheets

 Market Capitalization (Millions) 6,166
 Shares Outstanding (Millions) 75
 Total Debt (Millions $) 1,648
 Revenue (TTM) (Millions $) 5,534
 Net Income (TTM) (Millions $) 573
 Cash Flow (TTM) (Millions $) 32
 Capital Exp. (TTM) (Millions $) -266
 Dividend TTM ($) 0.24 $
 Dividend Yield TTM (%) 1.17 %
 Employees (TTM) $ -
   


  News about Weatherford International Plc Earnings

Weatherford International Plc Shatters Expectations with Stellar Quarter: July to September 2024 Unveils Remarkable Growth!

Weatherford International Plc (WFRD): A Bearish Outlook Amidst Mixed Financial IndicatorsIn recent financial results, Weatherford International Plc (WFRD) reported a year-over-year revenue increase of 7.31%, bringing in $1.41 billion for the July to September 2024 quarter, up from $1.31 billion a year prior. While these numbers might appear promising on a surface level?highlighted by a commendable profitability elevation of 24.1%?a deeper dive into the specifics reveals a troubling picture that should alarm investors and provoke a bearish sentiment towards the stock. Revenue Composition: A Closer LookThe segment breakdown of revenue raises several red flags for wary investors. While WFRD did achieve some gr...

Robust Earnings Per Share Highlight a Prominent Revenue Surge for Weatherford International Plc for Q2 2024

Weatherford International PLC Reports Strong Q2 Performance Amid Industry Setbacks, Appoints New Board Member
nJuly 23, 2024 ? Houston, TXn ? Investors in Weatherford International plc (NASDAQ: WFRD) have reason to celebrate as the oilfield services giant reported robust financial results for the fiscal period ending June 30, 2024. Not only did the company announce impressive earnings growth, but it also appointed a new member to its Board of Directors, underscoring its commitment to strengthening leadership.
Record Earnings and Revenue Growth
Weatherford's second-quarter results showcased a dramatic 48.21% increase in profit per share, rising to $1.66 compared to $1.12 in the same period last ye...

Strong Earnings Report Shows Double-Digit Revenue Growth in First Quarter of 2024

In recent financial reports, W...

Company's Income per Share and Revenue Soar, Reflecting Weatherford International Plc's Dominance in the Miscellaneous Fabricated Products Industry

Weatherford International plc, a global provider of oilfield services, has recently announced its impressive financial results for the three months ending December 31, 2023. In this period, the company witnessed significant growth in its income per share and revenue. Notably, the income per share advanced by an impressive 89.39% to $1.82 per share, while the revenue increment reached 12.655% to $1.36 billion. These numbers clearly indicate that Weatherford International plc has outperformed its competitors in the Miscellaneous Fabricated Products industry, as the industry's revenue advance during the same period was only 9.30%.
Comparing the current quarter with the previous one, there is a further impro...

Weatherford International Plc astounds investors as Income per Share skyrockets by a staggering 325.64% in fiscal year ending September 30, 2023



Weatherford International Plc, a key player in the Miscellaneous Fabricated Products sector, recently released its Sep 30, 2023 financial results. The report reveals significant growth in various aspects, indicating positive developments for the company. This article aims to interpret the financial results and analyze their potential impact on Weatherford International Plc's future.
1. Revenue Growth:
Weatherford International Plc witnessed a remarkable year-on-year increase of 17.232% in revenue, reaching $1.31 billion. This growth trend continued on a quarterly basis, with a 3.061% increase. Even within the context of a declining sector, the company's top-line performance stands out, high...

Unprecedented Profit Leap! Weatherford International Plc Defines Gravity with a Spectacular Rise in Q2 2023

Weatherford International Plc, a leading oil and gas service company, recently released its second-quarter financial report, highlighting impressive numbers and demonstrating a positive trend in the company's performance. The report showcased a significant increase in revenue, income per share, and net profits compared to the same period last year.
In the second quarter of 2023, Weatherford International Plc recorded revenues of $1.27 billion, representing a year-on-year growth of 19.737%. Moreover, the company's revenue also showed a promising quarter-on-quarter increase of 7.42%. This surge in revenue points to the company's ability to attract and secure new contracts, indicating a growing demand for i...


Date modified: 2024-10-24T16:11:02+00:00





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