WFRD - Weatherford International Insider Trades Send A Signal | Benzinga
Benjamin Duster, Director at Weatherford International (NASDAQ:WFRD), executed a substantial insider sell on January 22, according to an SEC filing.
What Happened: Duster's decision to sell 1,517 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 $143,356.
Monitoring the market, Weatherford International's shares down by 0.0% at $95.29 during Tuesday's morning.
Unveiling the Story Behind 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: Delving into Financials
Revenue Growth: Weatherford International displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 17.23%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Navigating Financial Profits:
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Gross Margin: With a ...