CluenexWeatherford International WFRD
Weatherford International scores weak on business quality (4.3 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Weatherford International does
Weatherford International provides oilfield services and equipment to exploration and production companies globally, generating revenue through drilling, evaluation, and completion operations. The firm is preparing for its third-quarter 2026 conference call while navigating a contraction in its top-line performance.
- What it does best
Weatherford converts revenue into free cash flow effectively, producing a free cash flow margin of 41% that places it in the top quartile of its sector. This efficiency surpasses peer SLB's 13.2% free cash flow margin.
- The main risk
Top-line shrinkage threatens the operational scale needed to service its $1.5 billion total debt load. Revenue dropped 10.8% to $4.8 billion over the latest period, squeezing the volume required to maintain fixed asset efficiency.
Quality, check by check
Scored against its own industry, from company filings.
Gross margin rests at 30.5% with an operating margin of 13.5% and an ROE of 21.5%. Profitability remains mixed as margins contract alongside falling revenue, showing limited operating leverage during downturns.
Switching costs across its oilfield services lock in exploration and production operators. Its operating margin ranks in the 28th percentile of its sector, limiting the wider economic moat seen in top-tier peers.
Revenue growth contracted by 10.8% to $4.8 billion in the latest period, reversing the prior year's $5.5 billion peak. This decline marks a fading growth trajectory compared to historical annual expansions.
Debt-to-equity sits at 0.87 with $987 million in cash offsetting part of the $1.5 billion total debt. Free cash flow reached $526 million, showing steady generation despite contracting revenue: the balance sheet is holding stable.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
3 sold $2.2M outside pre-planned sales.
Our sealed record on WFRD
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Weatherford International scores weak on the Cluenex quality check (4.3 of 10), measured against its own industry. Profitability is weak, moat fair, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: 3 sold $2.2M outside pre-planned sales.
Oct 20, 2026.
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Cite this page: Cluenex, “Weatherford International (WFRD)”, https://cluenex.com/stocks/wfrd/, data as of Oct 10, 2026.