Weatherford

Leading oilfield service company involved in well drilling, evaluation, completion, production, and intervention.

Launch date

1941

Employees

Market cap

Enterprise valuation

CAD9.8b (Public information from Sep 2024)

Baar Canton of Zug (HQ)

http://weatherford.com

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Revenues, earnings & profits over time

EUR	2020	2021	2022	2023	2024	2025	2026
Revenues	3.4b	3.3b	3.9b	4.7b	5.2b	5.6b	5.7b
% growth	(29 %)	(1 %)	19 %	19 %	11 %	7 %	2 %
EBITDA	417m	519m	743m	1.1b	1.3b	1.4b	1.4b
% EBITDA margin	12 %	16 %	19 %	23 %	25 %	26 %	25 %
Profit	(1.7b)	(409m)	23.6m	379m	479m	590m	705m
% profit margin	(52 %)	(12 %)	1 %	8 %	9 %	11 %	12 %
EV / revenue	0.1x	0.9x	1.1x	1.5x	1.4x	1.3x	1.2x
EV / EBITDA	0.9x	5.7x	5.8x	6.6x	5.7x	4.9x	4.6x
R&D budget	88.2m	77.3m	81.8m	-	-	-	-
R&D % of revenue	3 %	2 %	2 %	-	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Jul 1978	N/A	N/A	IPO
Jan 2011	N/A	N/A	IPO
Aug 2020*	N/A	$500m	Post IPO Debt
Oct 2022*	N/A	$370m	Post IPO Debt
Oct 2023*	N/A	$550m	Post IPO Debt
Dec 2023*	Frontier Capital Management Company	$14.5m	Post IPO Equity
Dec 2023*	Virginia Retirement System	$1.5m	Post IPO Equity
Jun 2024*	N/A	$720m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Weatherford Jun 2007

ACQUISITION by Weatherford Feb 2024

AlphaX Decision Sciences

ACQUISITION by Weatherford Sep 2024

ISI Holding Company

ACQUISITION by Weatherford Feb 2024