| Address:
|
515 POST OAK BLVD.
|
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77027 |
| Telephone: |
(713) 693-4000 |
|
Description of Business
|
Primary SIC Code:
1381 |
| (As filed with the SEC)
|
|
|
Weatherford International Ltd. (the "Company") is one of the world's leading
providers of equipment and services used in the drilling, evaluation,
completion, production and intervention of oil and natural gas wells. Many of
our businesses, including those of our predecessor companies, have been
operating for more than 50 years.
We were originally incorporated in Delaware in 1972 and moved our incorporation
to Bermuda in 2002. In February 2009, we completed a share exchange transaction
in which Weatherford International Ltd., a Bermuda exempted company
("Weatherford Bermuda"), became a wholly-owned subsidiary of Weatherford
International Ltd., a Swiss joint-stock corporation ("Weatherford Switzerland"),
for purposes of changing the Company's place of incorporation from Bermuda to
Switzerland (collectively, the "Transaction"). Pursuant to the Transaction, each
common share, par value U.S. $1. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.35 | NA | 34.89 | | 06/2011 | 0.23 | NA | 81.52 | | 03/2011 | 0.02 | NA | 1130.00 | | 12/2010 | -0.15 | NA | N/E | | 09/2010 | 0.05 | NA | 342.00 | | 06/2010 | -0.03 | NA | N/E | | 03/2010 | 0.07 | NA | 226.57 | | 12/2009 | 0.35 | NA | 51.17 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.02 | Total Liab/Total Assets | 0.51 | | Net Inc/Total Assets | -0.01 | Total Liab/Inv Cap | 0.60 | | Net Inc/Inv Cap | -0.01 | Total Liab/Comm Equity | 1.99 | | Pretax Inc/Net Sales | 0.02 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | -0.01 | Curr Debt/Equity | 0.03 | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 0.69 | | SG&A/NetSales | 0.16 | Total Debt/Equity | 0.72 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 3.61 | Quick Ratio | 1.51 | | Inventory Turnover | 3.14 | Current Ratio | 2.51 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.44 | | Net Sales/Work Cap | 2.61 | Inv/Curr Assets | 0.40 | | Net Sales/PP&E | 1.47 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
3,372.65
|
3,051.81
|
2,856.19
|
2,922.82
|
|
Cost of Goods Sold
|
2,477.10
|
2,265.21
|
2,125.67
|
2,128.21
|
|
Selling & Admin Exps
|
420.96
|
427.16
|
454.08
|
443.59
|
|
Operating Income
|
415.71
|
297.22
|
211.89
|
293.38
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
275.00
|
161.16
|
80.82
|
117.16
|
|
Other Income
|
-26.26
|
-22.37
|
-18.57
|
-60.81
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
190.36
|
110.10
|
59.20
|
-86.33
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
273.56
|
329.56
|
249.32
|
415.77
|
|
Receivables - Total
|
3,442.36
|
3,294.30
|
3,191.88
|
2,884.88
|
|
Inventories - Total
|
3,071.83
|
2,939.36
|
2,759.57
|
2,590.01
|
|
Total Current Assets
|
7,594.55
|
7,365.32
|
6,895.87
|
6,492.07
|
|
Net Property, Plant & Equipment
|
7,140.69
|
7,244.75
|
7,117.26
|
6,939.75
|
|
Total Assets
|
20,667.28
|
20,504.63
|
19,821.92
|
19,131.65
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1,565.73
|
1,517.81
|
1,433.26
|
1,707.15
|
|
Debt in Current Liabilities
|
1,349.62
|
1,113.72
|
619.49
|
235.39
|
|
Total Current Liabilities
|
4,038.16
|
3,774.93
|
2,992.31
|
2,582.98
|
|
Long-Term Debt
|
6,266.19
|
6,256.71
|
6,526.46
|
6,530.00
|
|
Total Liabilities
|
10,794.96
|
10,642.31
|
10,170.94
|
9,730.72
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
24.25
|
58.89
|
61.40
|
63.92
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
769.25
|
763.16
|
763.16
|
761.08
|
|
Retained Earnings
|
4,700.27
|
4,518.14
|
4,408.05
|
4,348.85
|
|
Treasury Stock
|
-485.25
|
-491.51
|
-561.29
|
-562.91
|
|
Total Stockholders' Equity
|
9,872.32
|
9,862.32
|
9,650.98
|
9,400.93
|
|
Total Liabilities and Stockholders' Equity
|
20,667.28
|
20,504.63
|
19,821.92
|
19,131.65
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
147.34
|
263.88
|
-172.99
|
392.16
|
|
Net Cash Provided by Investing Activities
|
-423.34
|
-407.21
|
-378.50
|
-342.16
|
|
Net Cash Provided by Financing Activities
|
225.14
|
223.61
|
380.14
|
-585.94
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2009 | 8,833.00 | 170.14 | 0.35 | | 12/2010 | 10,220.80 | -107.92 | -0.15 | | Growth Rates | 15.71 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 493 | 514,575 | 68.24 |
|
Report Date :
2/6/2012
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