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Weatherford International plc (WFRD)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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112.79+1.86 (+1.68%)
At close: 04:00PM EDT
112.79 0.00 (0.00%)
After hours: 04:33PM EDT

Weatherford International plc

2000 St. James Place
Houston, TX 77056
United States
713 836 4000
https://www.weatherford.com

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full Time Employees18,500

Key Executives

NameTitlePayExercisedYear Born
Mr. Girishchandra K. SaligramPresident, CEO & Director5.7MN/A1972
Mr. Desmond J. MillsSenior VP & Chief Accounting Officer812.18kN/A1974
Mr. Scott C. WeatherholtExecutive VP, General Counsel & Chief Compliance Officer1.93MN/A1978
Mr. Charles W. Davison Jr.Executive VP and Chief Fulfillment & Enterprise Infrastructure Officer667.88kN/A1969
Mr. Arunava MitraExecutive VP & CFON/AN/A1973
Depinder SandhuExecutive Vice President of Global Product Lines & TechnologyN/AN/A1976
Mohammed TopiwalaDirector of Investor Relations and M&AN/AN/AN/A
Kelley HughesDirector of Global CommunicationsN/AN/AN/A
Ms. Kristin RuzickaSenior VP & Chief Human Resources OfficerN/AN/AN/A
David John ReedExecutive VP & Chief Commercial OfficerN/AN/A1974
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and software, automation and flow measurement solutions. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open-hole and cased-hole logging services; and intervention and remediation services. Further, it provides tubular handling, management, and connection services; and re-entry, fishing, and well abandonment services, as well as patented bottom hole, tubular-handling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

Corporate Governance

Weatherford International plc’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 6; Board: 4; Shareholder Rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.