WFT - Weatherford International plc

NYSE - NYSE Delayed Price. Currency in USD

Weatherford International plc

Weststrasse 1
Baar 6340
Switzerland
41 22 816 1500
http://www.weatherford.com

SectorEnergy
IndustryOil & Gas Equipment & Services
Full Time Employees26,500

Key Executives

NameTitlePayExercisedYear Born
Mr. Mark A. McCollumCEO, Pres & Director1.23MN/A1959
Mr. Christoph BauschExec. VP & CFO1.52MN/A1964
Mr. Karl BlanchardExec. VP & COO706.2kN/A1960
Ms. Christina M. IbrahimExec. VP, Gen. Counsel, Chief Compliance Officer & Company Sec.N/AN/A1968
Dr. Bernard J. Duroc-Danner Ph.D.Chairman Emeritus and External AdvisorN/AN/A1954
Amounts are as of December 31, 2017 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 oilfield service company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil 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 and fluid systems, cementing, and coiled-tubing intervention; and drill stem test tools, and 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; managed pressure drilling, conventional mud-logging, drilling instrumentation, gas analysis, wellsite consultancy, and open hole and cased-hole logging services; reservoir solutions and software products; and intervention and remediation services. Further, the company provides equipment and drilling tools; tubular handling, management, and connection services; equipment rental services; and onshore contract drilling and related services through a fleet of land drilling and workover rigs. Weatherford International plc was incorporated in 1972 and is headquartered in Baar, Switzerland.

Corporate Governance

Weatherford International plc’s ISS Governance QualityScore as of February 1, 2019 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 2; 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.