Weatherford International plc - Ordinary shares (WFRD)

Competitors to Weatherford International plc - Ordinary shares (WFRD)

Baker Hughes Company

Baker Hughes Company competes with Weatherford International primarily in the oilfield technology and service segments. With its focus on innovation and digital technology, Baker Hughes has been able to develop advanced solutions such as predictive analytics and real-time monitoring, securing a competitive edge. While Weatherford excels in wellbore construction, Baker Hughes' commitment to integrating digital solutions allows it to meet modern energy industry challenges, giving it a strategic advantage in markets that increasingly value data-driven operations.

Halliburton Company 

Halliburton Company is another significant competitor to Weatherford International, offering a wide range of oilfield services and products. They compete based on technological advancements, operational efficiency, and customer service. Halliburton's extensive product portfolio and its ongoing investments in technology give it a sturdy competitive edge. While Weatherford has a strong presence in well construction and completion, Halliburton's reputation for reliability and extensive infrastructure in key markets allows it to maintain a leading position in various service segments.

National Oilwell Varco, Inc. 

National Oilwell Varco (NOV) competes with Weatherford International by providing equipment and technology for the oil and gas industry, including rig systems and downhole tools. NOV's competitive advantage lies in its extensive manufacturing capabilities and a broad product range that appeals to a diverse customer base. While Weatherford focuses more on well services and solutions, NOV's deep well control technologies and commitments to safety and efficiency empower them to lead in drilling equipment markets, which are critical components of overall oilfield operations.

Schlumberger Limited 

Schlumberger Limited is one of the largest oilfield services companies in the world and competes with Weatherford International in a variety of sectors including drilling services, evaluation, and completion. Schlumberger has a significant competitive advantage due to its vast technological resources, global footprint, and strong financial stability, allowing it to invest heavily in research and innovation, thereby providing more advanced solutions to its clients. This scale and technological prowess provide Schlumberger with a leading position in the market, especially in regions with high drilling activity.