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Weatherford International Ltd. (WFT)

-NYSE

14.27 Up 0.33(2.37%) May 17, 4:02PM EDT|After Hours : 14.28 Up 0.01 (0.07%) May 17, 5:20PM EDT

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Weatherford International Ltd.
4-6 Rue Jean-Francois Bartholoni
Geneva, 1204
Switzerland - Map
Phone: 41 22 816 15 00
Website: http://www.weatherford.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:70,000

Business Summary 

Weatherford International Ltd. provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. It offers artificial lift systems, which include progressing cavity pumps, reciprocating rod lift systems, gas lift systems, hydraulic lift systems, plunger lift systems, hybrid lift systems, and wellhead systems. The company also provides drilling services, including directional drilling, ‘Secure Drilling’ services, well testing, drilling-with-casing and drilling-with-liner systems, and surface logging systems; and well construction services, such as tubular running services, cementation tools, liner systems, swellable products, solid tubular expandable technologies, and inflatable products and aluminum alloy tubular products. In addition, it designs and manufactures drilling jars, underreamers, rotating control devices, and other pressure-control equipment used in drilling oil and natural gas wells; provides a line of completion tools and sand screens; and offers rental of in-house or third-party manufactured equipment for the drilling, completion, and workover of oil and natural gas wells to operators and drilling contractors. Further, the company provides wireline and evaluation services; and re-entry, fishing, and thru-tubing services, as well as well abandonment and wellbore cleaning services; stimulation and chemicals, including fracturing and coiled tubing technologies, cement services, chemical systems, and drilling fluids; integrated drilling services; and pipeline and specialty services. It serves independent oil and natural gas producing companies. The company was founded in 1972 and is headquartered in Geneva, Switzerland.

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Corporate Governance 
Weatherford International Ltd.’s ISS Governance QuickScore as of May 1, 2013 is 9. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 1; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Dr. Bernard J. Duroc-Danner Ph.D., 59
Chairman, Chief Exec. Officer and Pres
5.38M0.00
Mr. John H. Briscoe , 55
Chief Financial Officer, Principal Accounting Officer and Sr. VP
810.00K0.00
Mr. Peter T. Fontana , 66
Chief Operating Officer and Exec. VP
1.76M0.00
Mr. Dharmesh B. Mehta , 47
Chief Admin. Officer and Exec. VP
754.00K0.00
Mr. Nicholas W. Gee , 50
Sr. VP of Strategy and Devel.
1.58M0.00
Amounts are as of Dec 30, 2012 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.
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