Weatherford International is a multinational energy services company. Co. is engaged in providing equipment and services used in the drilling, evaluation, completion, production and intervention of oil, geothermal and natural gas wells. Co. provides its services and technologies in relation to the well life cycle and has three segments: Drilling and Evaluation, which provides services including managed pressure drilling, drilling services, wireline and drilling fluids; Well Construction and Completions, which provides products and services for well integrity assurance across the life cycle of the well; and Production and Intervention, which provides production optimization technologies. We show 13 historical shares outstanding datapoints in our WFRD shares outstanding history coverage, used to compute WFRD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WFRD market cap history over the course of time is important for investors
interested in comparing WFRD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WFRD versus a peer is one thing; comparing
WFRD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WFRD can fluctuate over the course of history.
With this page we aim to empower investors researching WFRD by allowing them to research the WFRD market cap history. |
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Video: The Importance of Market Cap
