In its second-quarter 2026 investor letter, Greenlight Capital highlighted Weatherford International plc (NASDAQ:WFRD).
Weatherford International plc (NASDAQ:WFRD) is an energy services company that provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide
On August 26, 2026, Weatherford International plc (NASDAQ:WFRD) closed at $88.00 per share. The one-month return of Weatherford International plc (NASDAQ:WFRD) was 6.34%, and its shares gained 38.20% over the past 52 weeks. Weatherford International plc (NASDAQ:WFRD) has a market capitalization of $6.34 billion and its stock has traded within a 52-week range of $60.23 – $113.15.
Greenlight Capital stated the following regarding Weatherford International plc (NASDAQ:WFRD) in its Q2 2026 investor letter: “During the quarter, we also exited a few positions: Weatherford International plc (NASDAQ:WFRD) with a 45% IRR over a 4-year holding period. After the company emerged from bankruptcy and relisted on NASDAQ, the shares appreciated significantly as the company further de-levered, reclaimed lost market share and improved its margins while its end markets in energy services generally strengthened.” Weatherford International plc (NASDAQ:WFRD) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held Weatherford International plc (NASDAQ:WFRD) at the end of the second quarter which was 42 in the previous quarter.