An update from Weatherford International ( (WFRD) ) is now available.
Weatherford International plc has announced the appointment of Anuj Dhruv as its new Executive Vice President and Chief Financial Officer, effective April 21, 2025. Mr. Dhruv, who brings over 20 years of experience in global finance and strategy, previously held leadership roles at LyondellBasell, Schlumberger, and Microsoft. His compensation package includes a base salary, participation in incentive plans, and severance benefits. Concurrently, Arunava Mitra has departed from the company, effective the same date, with entitlement to certain benefits under existing compensation plans.
Spark’s Take on WFRD Stock
According to Spark, TipRanks’ AI Analyst, WFRD is a Neutral.
Weatherford International’s overall score reflects a strong financial foundation with solid profitability and cash generation. However, technical analysis indicates a bearish trend, and the earnings call highlights regional revenue declines that could pose challenges. The attractive valuation provides some buffer, but ongoing market uncertainties in key regions like Mexico and Russia temper the outlook.
To see Spark’s full report on WFRD stock, click here.
More about Weatherford International
YTD Price Performance: -37.94%
Average Trading Volume: 1,516,551
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.23B
Find detailed analytics on WFRD stock on TipRanks’ Stock Analysis page.