BMO Capital has initiated coverage on Weatherford International PLC (WFRD), assigning the company an Outperform rating. This marks the firm's first assessment of Weatherford's investment potential, reflecting their analysis of the business, industry dynamics, and growth prospects.
Headquartered in Houston, Texas, Weatherford International provides equipment and services to the oil and natural gas exploration and production industry. With a market capitalization of $5.1 billion, the company reported a trailing twelve-month price-to-earnings ratio of 12.62 and earnings per share of 5.54. The firm operates through three segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI), offering a comprehensive suite of services and products for well management.
As of October 9, 2025, Weatherford's stock is priced at $72.38. Upcoming earnings reports are anticipated on April 20, 2026, and July 20, 2026, with estimated earnings per share of $1.13 and $1.25, respectively. Recent performance has shown mixed results, with the company reporting an EPS of $1.12 for Q3 2025, slightly below the expected $1.17.
Analyst ratings and price targets can provide valuable insights but should be considered alongside a range of factors, including company fundamentals and industry trends. BMO Capital's initiation of coverage underscores the firm's confidence in Weatherford's strategic positioning within the energy sector.