WFRD - Massive Insider Trade At Weatherford International | Benzinga
Revealing a significant insider sell on February 12, Benjamin Duster, Board Member at Weatherford International (NASDAQ:WFRD), as per the latest SEC filing.
What Happened: Duster's decision to sell 24,000 shares of Weatherford International was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $2,334,745.
In the Tuesday's morning session, Weatherford International's shares are currently trading at $97.62, experiencing a down of 0.0%.
Unveiling the Story Behind Weatherford International
Weatherford International provides diversified oilfield services across international markets 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.
Financial Insights: Weatherford International
Revenue Growth: Weatherford International displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 12.66%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in ...