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Weatherford International plc (WFT)

16.48 Up 0.56(3.52%) Nov 21, 4:04PM EST
|After Hours : 16.45 Down 0.03 (0.18%) Nov 21, 4:12PM EST
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Weatherford International plc
4-6 Rue Jean-François Bartholoni
Geneva, 1204
Switzerland - Map
Phone: 41 22 816 15 00

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:67,000

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. The company offers controlled-pressure drilling and testing services, including closed-loop, air, controlled pressure, and underbalanced drilling; drilling services, such as directional drilling, logging while drilling, measurement while drilling, and rotary steerable systems; and tubular running services, which consist of tubular connection and installation services for the drilling, completion, and work over of oil or natural gas wells. It also provides drilling tools comprising drilling jars, under reamers, rotating control devices, down hole tools, drill pipe and related tools, tubular handling equipment, and other pressure-control equipment; drilling and project management services; wire line services; re-entry, fishing, and thru-tubing services; equipment for cementing operations; liner systems, such as liner hangers; and integrated laboratory services; and surface logging systems. In addition, the company offers artificial lift systems that include reciprocating rod lift systems, progressing cavity pumps, gas lift systems, hydraulic lift systems, plunger lift systems, hybrid lift systems, and wellhead systems to produce oil or natural gas from the wells; stimulation and chemicals, including pressure pumping services, coiled tubing services equipment, and reservoir stimulation hydraulic fracturing services; and completion tools, such as cased hole and flow control systems, and well, industrial, and sand screens, as well as completion services, including upper and lower completions, and reservoir monitoring. Further, it provides services, such as inspecting, cleaning, drying, testing, improving production, running, or establishing integrity from the wellhead out, including integrated management services. The company was founded in 1972 and is headquartered in Geneva, Switzerland.

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Corporate Governance 
Weatherford International plc’s ISS Governance QuickScore as of Nov 1, 2014 is 8. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 1; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Dr. Bernard J. Duroc-Danner Ph.D., 60
Chairman, Chief Exec. Officer and Pres
Mr. Krishna Shivram , 52
Chief Financial Officer and Exec. VP
Mr. Dharmesh B. Mehta , 48
Chief Operating Officer and Exec. VP
Mr. Doug M. Mills , 40
Chief Accounting Officer and VP
Ms. Karen David-Green ,
VP of Investor Relations
Amounts are as of Dec 31, 2013 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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