Revenue from international operations
International rig count
By September 30, international rig counts fell 18% from a year ago. This fall was less than the US rig count fall, which nearly halved in the past year as of October 7. WFT is 0.05% of the iShares Russell Mid-Cap ETF (IWR). The energy sector makes up 6.4% of IWR.
Next, we’ll discuss Weatherford International’s revenue and earnings.