NEW YORK (TheStreet) -- Shares of Weatherford International (WFT) - Get Report closed down 2.13% at $11.48 today as oil continued to decline.

Both benchmarks were down, with Brent lower by 0.82% to $53.50 at 4:03 p.m. West Texas Intermediate fell 1.71% to $43.13.

Oil prices closed lower Tuesday on expectations of a 10th week of record builds in U.S. crude, although a weaker dollar limited the market's downside, CNBC reports.

The outlook for Brent continued to be bearish as well.

"OPEC members are still staunchly producing...and demand from Europe and China are really struggling to pick up," Sucden Financial analyst Kash Kamal told CNBC. "The overall tone is quite bearish," Kamal added.

Weatherford International is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. It's product offerings are divided into two product service line groups: Formation Evaluation and Well Construction, and Completion and Production.

Separately, the average recommendation of 23 brokers' is a 2.3, with a 2 representing an "outperform" rating and a 3 a "hold," according to data compiled by Reuters. The mean price target is $13.85.

TheStreet Ratings team rates WEATHERFORD INTL PLC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:

"We rate WEATHERFORD INTL PLC (WFT) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and poor profit margins."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Energy Equipment & Services industry. The net income has significantly decreased by 75.3% when compared to the same quarter one year ago, falling from -$271.00 million to -$475.00 million.
• The debt-to-equity ratio of 1.08 is relatively high when compared with the industry average, suggesting a need for better debt level management. Along with the unfavorable debt-to-equity ratio, WFT maintains a poor quick ratio of 0.87, which illustrates the inability to avoid short-term cash problems.
• The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Energy Equipment & Services industry and the overall market, WEATHERFORD INTL PLC's return on equity significantly trails that of both the industry average and the S&P 500.
• Net operating cash flow has decreased to $584.00 million or 11.78% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
• The gross profit margin for WEATHERFORD INTL PLC is currently lower than what is desirable, coming in at 31.04%. Regardless of WFT's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, WFT's net profit margin of -12.74% significantly underperformed when compared to the industry average.
• You can view the full analysis from the report here: WFT Ratings Report