WFRD - Director Of Weatherford International Sold $209K In Stock | Benzinga
Making a noteworthy insider sell on January 22, CHARLES SLEDGE, Director at Weatherford International (NASDAQ:WFRD), is reported in the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that SLEDGE executed a sale of 2,215 shares of Weatherford International with a total value of $209,317.
At Tuesday morning, Weatherford International shares are down by 0.0%, trading at $95.29.
About Weatherford International
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.
Weatherford International: Financial Performance Dissected
Revenue Growth: Weatherford International's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 17.23%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Key Insights into Profitability Metrics:
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Gross Margin: The company excels with ...