Weatherford International plc (WFRD): A Bull Case Theory

We came across a bullish thesis on Weatherford International plc (WFRD) on The Small Cap Strategist’s Substack by Strategist and Architect. In this article, we will summarize the bulls’ thesis on WFRD. Weatherford International plc (WFRD)’s share was trading at $53.68 as of July 15th. WFRD’s trailing and forward P/E were 8.55 and 9.5 respectively according to Yahoo Finance.

Early morning view of a well site construction in progress, with the sky and horizon a glowing...