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Weatherford International (Weatherford International) Research & Development : $117 Mil (TTM As of Mar. 2024)


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What is Weatherford International Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Weatherford International's Research & Development for the three months ended in Mar. 2024 was $31 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $117 Mil.

Weatherford International Research & Development Historical Data

The historical data trend for Weatherford International's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Weatherford International Research & Development Chart

Weatherford International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.00 97.00 85.00 90.00 112.00

Weatherford International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.00 27.00 30.00 29.00 31.00

Weatherford International Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $117 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Weatherford International  (OTCPK:WFTLF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Weatherford International Research & Development Related Terms

Thank you for viewing the detailed overview of Weatherford International's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Weatherford International (Weatherford International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Weatherford International PLC (OTCPK:WFTLF) » Definitions » Research & Development
Comparable Companies
NOV FTI CHX VAL TDW LBRT WHD AROC AESI USAC SLB HAL BKR MIL:TEN SHSE:601808 SHSE:600968 ASX:WOR XPAR:GTT OSL:SUBC MIL:SPM
Traded in Other Exchanges
WFRD:USA 0WE:Germany
Address
2000 St. James Place, Houston, TX, USA, 77056
Website
https://www.weatherford.com
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.
Executives
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Christian A Garcia officer: Chief Financial Officer 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
Frederico Justus officer: President - Eastern Hemisphere 2000 ST. JAMES PLACE, HOUSTON TX 77056
Mark D Swift officer: President - Western Hemisphere 2000 ST. JAMES PLACE, HOUSTON TX 77056
Karl Blanchard officer: EVP and COO 777 N.W. 63RD ST., OKLAHOMA CITY OK 73116
John F Glick director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411
Jacqueline C Mutschler director 2000 ST. JAMES PLACE, HOUSTON TX 77056
Christina M Ibrahim officer: EVP, GC, CCO & Secretary 2000 ST. JAMES PLACE, HOUSTON TX 77056
Stuart Fraser officer: Chief Accounting Officer 2000 SAINT JAMES PLACE, HOUSTON TX 77056
Mark A Mccollum director, officer: President and CEO 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77002
Christoph Bausch officer: EVP and CFO 2000 ST. JAMES PLACE, HOUSTON TX 77056