Weatherford International Plc - Company Profile
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Weatherford International Plc (Weatherford) is a global oilfield service company. It provides a wide range of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. Improved operational performance, product and service offerings and geographical presence have strengthened the company’s operations. Increase in trade receivables is a cause of concern to the company. Increasing upstream investments, increasing consumption of liquid fuels and strategic agreements could provide the company new growth opportunities. However, fluctuations in oil prices, regulatory environment and intense competition could affect its operations.
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