| Weatherford International provides equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. Product and service include: Production, which offers production optimization services and production ecosystem; Completions, which is a suite of completion products, reservoir stimulation designs, and engineering capabilities that isolate zones and unlock reserves in deepwater, unconventional, and aging reservoirs; Drilling and Evaluation, which comprises a suite of services ranging from early well planning to reservoir management; and Well Construction, which builds or rebuilds well integrity for the full life cycle of the well. We show 33 historical shares outstanding datapoints in our WFT shares outstanding history coverage, used to compute WFT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WFT market cap history over the course of time is important for investors
interested in comparing WFT'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 WFT versus a peer is one thing; comparing
WFT 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 WFT can fluctuate over the course of history.
With this page we aim to empower investors researching WFT by allowing them to research the WFT market cap history.