Weatherford - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Weatherford M&A Summary

Weatherford has acquired 17 companies, including 3 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 4 assets.

It’s largest disclosed sale occurred in 2014, when it sold Weatherford - Pipeline & Specialty Services Business to Baker Hughes Company for $250M. Weatherford has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (43%) and business services (15%).

Weatherford Business Overview

Where is Weatherford headquartered?

Weatherford is headquartered in Houston, Texas.

What is Weatherford’s revenue?

Weatherford disclosed revenue of 5,135M USD for 2023 and 4,331M USD for 2022.

How many employees does Weatherford have?

Weatherford has 18,500 employees.

What sector is Weatherford in?

Weatherford is an energy services and equipment company.

When was Weatherford founded?

Weatherford was founded in 1972 .

M&A Summary

  • M&A Total Activity18
    • M&A Buy Activity14
    • M&A Sell Activity4
  • Total Sectors Invested 8
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 11

Weatherford

Weatherford International Ltd.

2000 St. James Place, Suite 600,
Houston, Texas 77056
United States,
(713) 836-4000
www.weatherford.com

Weatherford is a diversified international energy service and manufacturing company that provides a variety of services and equipment to the exploration, production, and transmission sectors of the oil and gas industry. The Company operates in virtually every oil and gas exploration and production region in the world and divides its business into two separate segments: Drilling Services and Production Systems. Weatherford was formed in 1972 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 12 - - 1 - 1 14
Sell (0.0/yr) # 4 - - - - - 4
vol $505M $505M
  18

Most Recent M&A

Company Date Value Type
Datagration, Inc. 2024-09-03 - Add-on Acquisition
Houston, Texas · www.datagration.com
Ardyne Technologies Ltd. 2022-11-29 - Add-on Acquisition
Aberdeen , United Kingdom · www.ardyne.co
Weatherford International Ltd - Surface Data Logging Business 2018-12-17 50M USD Divestiture
Baar, Switzerland
Stratum Reservoir 2018-10-22 205M USD Divestiture
Houston, Texas · www.stratumreservoir.com
Weatherford - Pipeline & Specialty Services Business (P&SS) 2014-09-02 250M USD Divestiture
Houston, Texas
Petrowell Ltd. 2012-06-25 - Add-on Acquisition
Aberdeen, United Kingdom · www.petrowell.co.uk
P Chem, Inc. 2012-06-01 - Add-on Acquisition
Houston, Texas · www.pcheminc.com
Hasco Manufacturing Co., Inc. 2011-11-02 - Add-on Acquisition
Sapulpa, Oklahoma · www.hascomfg.com
CygNet Software, Inc. 2011-05-19 - Add-on Acquisition
San Luis Obispo, California · www.cygnet.com
OilTracers LLC 2010-03-03 - Add-on Acquisition
Dallas, Texas · www.oiltracers.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 6 (43%) - 3 (75%) 505M (100%)
Business Services 2 (14%) - - -
Chemicals 1 (7%) - - -
Information Technology 1 (7%) - - -
Internet Software and Services 1 (7%) - - -
Manufacturing 1 (7%) - - -
Oil/Gas Exploration 1 (7%) - - -
Software 1 (7%) - - -
Machinery - - 1 (25%) -
Total 14 - 4 $505M

By Geo

State/Country Buy Value Sell Value
United States 10 - 2 455M
  Texas 6 - 2 455M
  Washington 1 - - -
  Oklahoma 1 - - -
  Louisiana 1 - - -
  California 1 - - -
Norway 2 - - -
United Kingdom 2 - - -
Canada - - 1 -
  Ontario - - 1 -
Switzerland - - 1 50M
Domestic 10 (71%) - 2 (50%) 455M (90%)
Cross-border 4 (29%) - 2 (50%) 50M (10%)
Total 14 - 4 $505M

Deal Values

sell # Total
$100M to $1B 2 $455M
< $100M 1 $50M
TOTAL $505M
Largest Weatherford - Pipeline & Specialty Services Business (P&SS)
$250M (2014-09-02)

M&A Connections

Deals
Acquired from
Investor(s)
36%
5 (36%)
Divested to
Strategic(s)
75%
3 (75%)

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