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Weatherford International plc (WFRD)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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42.88-0.29 (-0.67%)
As of 11:23AM EST. Market open.

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 Employees17,500

Key Executives

NameTitlePayExercisedYear Born
Mr. Girishchandra K. SaligramPres, CEO & Director3.29MN/A1972
Mr. Desmond J. MillsSr. VP, Interim CFO & Chief Accounting Officer783.45kN/A1973
Mr. Scott C. WeatherholtExec. VP, Gen. Counsel & Chief Compliance Officer1.33MN/A1978
Mr. Joseph H. MongrainExec. VP & Chief People Officer741.25kN/A1959
Dr. Bernard J. Duroc-Danner Ph.D.Chairman Emeritus and External AdvisorN/AN/A1954
Sebastian PellizzerSr. Director of Investor RelationsN/AN/AN/A
Kelley HughesDirector of Global CommunicationsN/AN/AN/A
Ms. Natalia ShehadehVP & Chief Assurance OfficerN/AN/AN/A
Mr. Charles W. Davison Jr.Exec. VP of Operational ExcellenceN/AN/A1969
Christine M. MorrisonVP, Deputy Gen. Counsel & Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2021 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 in two segments, Western Hemisphere and Eastern Hemisphere. 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 drill stem test tools, surface well testing, and multiphase flow measurement services. 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, the company provides tubular handling, management, and connection services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as patented bottom hole, tubularhandling 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 November 1, 2022 is 4. The pillar scores are Audit: 7; Board: 3; Shareholder Rights: 3; Compensation: 7.

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.