Weatherford International PLC 2023 AR2
The report highlights Weatherford's strong financial and operational performance in 2023, achieving its fourth consecutive year of positive free cash flow and a 19% year-over-year revenue growth. The company advanced its technology portfolio with key product launches like StringGuard and Modus, and expanded its geothermal and digital offerings. Weatherford also emphasized its commitment to diversity, equity, and inclusion, noting a 67% increase in its NextGen field engineering program with 21% female representation. Additionally, the company reaffirmed its commitment to achieving net-zero emissions by 2050 and its alignment with the UN Global Compact principles.
Company: Weatherford International PLC
Sector: Energy
Country: United States
Year: 2023
Type: AR2
Pages: 40
Weatherford International PLC
Annual Update
The report highlights Weatherford's strong financial and operational performance in 2023, achieving its fourth consecutive year of positive free cash flow and a 19% year-over-year revenue growth. The company advanced its technology portfolio with key product launches like StringGuard and Modus, and expanded its geothermal and digital offerings. Weatherford also emphasized its commitment to diversity, equity, and inclusion, noting a 67% increase in its NextGen field engineering program with 21% female representation. Additionally, the company reaffirmed its commitment to achieving net-zero emissions by 2050 and its alignment with the UN Global Compact principles.
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Document Details
Report Year
2023
Reporting Period
2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees