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David Reed Biography and Net Worth

EVP and Chief Commercial Officer of Weatherford International

Dave Reed joined Weatherford in 2021 and brings nearly 30 years of significant commercial, product line, and operational knowledge. Most recently, Dave served as the Commercial Vice President for Tenaris. Prior to that he spent more than 20 years at SLB, where he held positions of increasing responsibility across the globe in operational roles, including Vice President of Completions, Middle East, and Vice President of Global Planning, Completions. He has a B.Sc. (HONS) in Industrial Engineering from Brunel University, London, and is an active member of the community.

How old is David John Reed?: Mr. Reed is currently 50 years old. There are 5 older executives and no younger executives at Weatherford International. The oldest executive at Weatherford International is Mr. Charles W. Davison Jr., Executive VP and Chief Fulfillment & Enterprise Infrastructure Officer, who is 55 years old. Learn More on David John Reed's age.
How do I contact David John Reed?: The corporate mailing address for Mr. Reed and other Weatherford International executives is 2000 ST JAMES PLACE, HOUSTON TX, 77056. Weatherford International can also be reached via phone at (713) 836-4000 and via email at [email protected]. Learn More on David John Reed's contact information.
Has David John Reed been buying or selling shares of Weatherford International?: During the last quarter, David John Reed has sold $639,397.80 of Weatherford International stock. Most recently, David John Reed sold 6,805 shares of the business's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $93.96, for a transaction totalling $639,397.80. Learn More on David John Reed's trading history.
Who are Weatherford International's active insiders?: Weatherford International's insider roster includes Desmond Mills (CAO), Joseph Mongrain (EVP), David Reed (EVP and Chief Commercial Officer), Girish Saligram (CEO), Charles Sledge (Director), and Scott Weatherholt (EVP). Learn More on Weatherford International's active insiders.
Are insiders buying or selling shares of Weatherford International?: In the last year, insiders at the sold shares 8 times. They sold a total of 169,331 shares worth more than $17,037,715.46. The most recent insider tranaction occured on September, 5th when EVP David John Reed sold 6,805 shares worth more than $639,397.80. Insiders at Weatherford International own 1.6% of the company. Learn More about insider trades at Weatherford International.
Information on this page was last updated on 9/5/2024.

David John Reed Insider Trading History at Weatherford International

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
9/5/2024	Sell	6,805	$93.96	$639,397.80

David John Reed Buying and Selling Activity at Weatherford International

Weatherford International Company Overview

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and software, automation and flow measurement solutions. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open-hole and cased-hole logging services; and intervention and remediation services. Further, it provides tubular handling, management, and connection services; and re-entry, fishing, and well abandonment services, as well as patented bottom hole, tubular-handling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

Today's Range

Now: $93.90

$92.78

$94.44

50 Day Range

MA: $109.09

$87.89

$134.26

2 Week Range

Now: $93.90

$82.16

$135.00

Volume

643,781 shs

Average Volume

869,671 shs

Market Capitalization

$6.87 billion

P/E Ratio

15.19

Dividend Yield

1.11%

Beta

0.61

My grim warning about AI stocks

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