Name | Value |
---|---|
Revenues | 1,313.0M |
Cost of Revenue | 859.0M |
Gross Profit | 454.0M |
Operating Expense | 241.0M |
Operating I/L | 218.0M |
Other Income/Expense | -54.0M |
Interest Income | 15.0M |
Pretax | 164.0M |
Income Tax Expense | 33.0M |
Net Income/Loss | 123.0M |
Weatherford International plc is an energy services company that provides equipment and services for oil, geothermal, and natural gas wells globally. The company operates in two segments, Western Hemisphere and Eastern Hemisphere, offering a wide range of products and services including artificial lift systems, pressure pumping and reservoir stimulation services, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as directional drilling, logging and measurement services, tubular handling, and intervention and remediation services. Weatherford generates revenue through the sale and provision of these equipment and services to the energy industry for drilling, evaluation, completion, production, and intervention of wells.