Report
Stephen Simko
EUR 147.86 For Business Accounts Only

Whereas Peers Are Improving, Weatherford Continues to Scuffle Mightily

Weatherford continues to scuffle mightily in third quarter despite all its main peers reporting cost reductions that led to better-than-expected results. Further, in our view, the company’s outlook for 2017 was far too optimistic, and we don’t think it represents the likely investment climate that services companies will encounter next year. Weatherford’s biggest issue continues to be execution: Compared with its integrated-services peers, the firm makes far less money running its business. This...
Underlying
Weatherford International Plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Simko

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