Weatherford International: Margin Easing Can Mitigate Balance Sheet Risks

Badsha Chowdhury
1.27K Followers

Summary

  • Following a strategic realignment, Weatherford International has refined its portfolio with a focus on specialty services.
  • The demand for WFRD's integrated MPD (managed pressure drilling) is rising.
  • Its balance sheet is leveraged; however, a robust cash balance leaves limited repayment risk.
  • The stock is reasonably valued versus its peers.

automation of oil and gas production to prevent accidental drilling of wells. The use of artificial intelligence to process and store data when drilling wells and finding productive fields

Igor Borisenko/iStock via Getty Images

WFRD Is On A Stable Path

Following the energy market recovery, Weatherford International (NASDAQ:WFRD) has been strengthened by market share gains and price hikes. Along with the North American drilling and shale production growth, its

This article was written by

1.27K Followers
I have more than 14 years of experience in analyzing and writing on stocks. I write on both long and short sides in an unbiased manner. I have been covering the energy sectors for the past 7 years, with the primary focus on the oilfield equipment services sector. I also cover the Industrial Supply industry. I occasionally co-author with Seeking Alpha contributor Thomas Prescott.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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