It was reported on January 22, that Jacqueline Mutschler, Director at Weatherford International (NASDAQ:WFRD) executed a significant insider sell, according to an SEC filing.
What Happened: Mutschler's recent Form 4 filing with the U.S. Securities and Exchange Commission on Monday unveiled the sale of 1,517 shares of Weatherford International. The total transaction value is $143,356.
Weatherford International's shares are actively trading at $96.61, experiencing a up of 1.39% during Tuesday's morning session.
Get to Know Weatherford International Better
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.
A Deep Dive into Weatherford International's Financials
Revenue Growth: Weatherford International's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 17.23%. This signifies a substantial 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.
Key Insights into Profitability Metrics:
Gross Margin: ...