Weatherford International
| Weatherford International plc
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|---|---|
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| legal form | public limited company |
| ISIN | IE00BLNN3691 |
| founding | 1948 |
| Seat | Dublin , Ireland |
| management | Bernard J. Duroc-Danner ( Chairman , President and CEO ) |
| Number of employees | 39,500 (December 31, 2015) |
| sales | 9,433,000,000 US dollars (2015) |
| Branch | Oil and gas industry |
| Website | www.weatherford.com |
The Weatherford International plc is an international manufacturer of equipment for the oil and natural gas production with roots in the United States . The legal seat is in Dublin , Ireland , the operational headquarters in Baar, Switzerland .
The company was founded in 1948 under the name Weatherford Oil Tool Company in Weatherford , Texas . In 2008, the group decided to unify its headquarters and legal seat and to relocate them from Houston and Bermuda to Switzerland. The relocation to Zug and the move to office space in Geneva were completed on February 26, 2009 or during the first quarter of 2009. Associated with this was a conversion into a stock corporation under Swiss law .
In 2010 Weatherford International is active in over 100 countries and at more than 1,000 oil and gas wells and employs approximately 53,000 people, four of whom are in Geneva. In 2009 the company had sales of $ 8.8 billion and profits of $ 254 million. The shares of Weatherford International are listed on the New York Stock Exchange and on the NYSE Euro Next Paris listed and were up on 25 February 2009 at the stock index S & P 500 represented were, but later resumed. On November 17, 2010 Weatherford was also listed on the SIX Swiss Exchange and traded there for the first time. The share was included in the Swiss Performance Index (SPI) .
In April 2014, Weatherford announced that it would be delisted on the Swiss and Paris stock exchanges during the course of the year and that its headquarters would be relocated from Switzerland to Ireland. The entry in the commercial register took place on June 17, 2014 and the delisting on the SIX Swiss Exchange two days later. Weatherford International has not been listed on Euronext Paris since June 11, 2014. Since then, Weatherford has been a public company incorporated under Irish law and traded exclusively on the New York Stock Exchange . Weatherford will keep the tax seat and the operational headquarters in Switzerland.
Web links
- Weatherford International plc website (English)
Individual evidence
- ↑ a b c Weatherford Annual Report 2015. Retrieved December 21, 2016 .
- ↑ http://ir.weatherford.com/IR/frequently-asked-questions
- ^ Weatherford International Ltd., SEC-Filing Form 10-Q, 2nd Quarter Report 2009
- ^ Escape to Lake Geneva in: NZZ on Sunday November 21, 2010
- ↑ Weatherford wants to go public on the Swiss stock exchange in: Neue Zürcher Zeitung of October 18, 2010
- ↑ Weatherford's Swiss stock market launch in: NZZ Online on November 17, 2010
- ^ Weatherford International Ltd. (WFT) in the S&P 500 in: Standard & Poor’s of February 18, 2009
- ↑ Listing and first trading day of Weatherford on November 17, 2010 (pdf; 30 kB) in: SIX Swiss Exchange of November 12, 2010
- ↑ cpm: International group leaves Switzerland. The oil service company Weatherford with 60,000 employees worldwide settled in Zug and Geneva six years ago. Now the group has found a better place. In: tagesanzeiger.ch. Tamedia AG, April 3, 2014, accessed on April 3, 2014 .
- ↑ Presseportal.ch: EANS-Adhoc: Weatherford announces delisting from Euronext Paris. (No longer available online.) June 10, 2014, archived from the original on June 17, 2014 ; accessed on June 21, 2014 .
- ↑ Presseportal.ch: Weatherford in Ireland follows Weatherford Switzerland as the new parent company of Weatherford. June 17, 2014, accessed June 20, 2014 .
- ↑ Entry by Weatherford International Ltd. in the commercial register of the Canton of Zug ( Memento from April 12, 2015 in the Internet Archive )
- ↑ Weatherford shareholders agree to move to Ireland. In: NZZ.ch, accessed on June 21, 2014