Weatherford International plc Ret. on assets
What is the Ret. on assets of Weatherford International plc?
The Ret. on assets of Weatherford International plc is -0.46%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Energy sector on OTC compared to Weatherford International plc
What does Weatherford International plc do?
Weatherford International plc, an oilfield service company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing and fluid systems, cementing, and coiled-tubing intervention; and drill stem test tools, and surface well testing and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; managed pressure drilling, conventional mud-logging, drilling instrumentation, gas analysis, wellsite consultancy, and open hole and cased-hole logging services; reservoir solutions and software products; and intervention and remediation services. Further, the company provides equipment and related services through a fleet of land drilling and workover rigs. Weatherford International plc was founded in 1972 and is based in Huston, Texas.
Companies with ret. on assets similar to Weatherford International plc
- Tastemaker Acquisition has Ret. on assets of -0.47%
- Music Broadcast has Ret. on assets of -0.47%
- The Shyft has Ret. on assets of -0.46%
- Tailam Tech Constr Hldg Ltd has Ret. on assets of -0.46%
- NI Inc has Ret. on assets of -0.46%
- Man Infraconstruction has Ret. on assets of -0.46%
- Weatherford International plc has Ret. on assets of -0.46%
- StoneMor Inc has Ret. on assets of -0.46%
- Liberty All-Star Growth Fund Inc has Ret. on assets of -0.46%
- Mercell AS has Ret. on assets of -0.46%
- Goldstone Technologies has Ret. on assets of -0.46%
- Ultra Clean Hldgs Inc has Ret. on assets of -0.46%
- Rigel Resource Acquisition has Ret. on assets of -0.46%