Weatherford International PLC (NASDAQ:WFRD) Declares Dividend of $0.28

Weatherford International PLC (NASDAQ:WFRDGet Free Report) announced a dividend on Tuesday, April 21st. Stockholders of record on Wednesday, May 6th will be paid a dividend of 0.275 per share on Thursday, June 4th. The ex-dividend date of this dividend is Wednesday, May 6th.

Weatherford International Price Performance

Shares of WFRD stock opened at $99.63 on Wednesday. The firm has a market cap of $7.15 billion, a P/E ratio of 16.80, a P/E/G ratio of 1.26 and a beta of 0.83. Weatherford International has a fifty-two week low of $40.12 and a fifty-two week high of $110.57. The business’s 50 day moving average price is $97.28 and its 200-day moving average price is $85.12. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.65 and a current ratio of 2.19.

Weatherford International (NASDAQ:WFRDGet Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.47. Weatherford International had a return on equity of 28.07% and a net margin of 8.76%.The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the company posted $1.03 earnings per share. The firm’s revenue was down 3.4% on a year-over-year basis. On average, equities research analysts anticipate that Weatherford International will post 5.64 earnings per share for the current year.

About Weatherford International

(Get Free Report)

Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.

In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.

See Also

Dividend History for Weatherford International (NASDAQ:WFRD)

Receive News & Ratings for Weatherford International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weatherford International and related companies with MarketBeat.com's FREE daily email newsletter.