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Weatherford International plc

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 managed pressure drilling; 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; open-hole and cased-hole logging services; wireline and drilling fluids; and intervention and remediation services. The company also provides tubular handling, management, and connection services; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; completion tools, such as safety valves, production packers, downhole reservoir monitoring, flow control, isolation packers, multistage fracturing systems and sand-control technologies; liner hangers to suspend a casing string in high-temperature and high-pressure wells; and well Services. In addition, it offers re-entry, fishing, and well abandonment services, as well as patented downhole tools, tubular-handling equipment, pressure-control equipment, and drill pipe and tubulars; artificial lift systems, including reciprocating rod, progressing cavity pumping, and related automation and control systems, as well as gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; and software, automation and flow measurement solutions. Further, it provides electrical and hydraulic power transmission to subsea equipment; and pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention. The company was incorporated in 1972 and is based in Houston, Texas.

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Weatherford Reports $1.105 Billion Revenue in Q2 2026

Weatherford International posted second-quarter 2026 revenue of $1.105 billion and adjusted EBITDA of $223 million, representing a 20.2% margin. Adjusted free cash flow reached $139 million, a 62.3% conversion on adjusted EBITDA, while capital expenditures were $42 million, or 3.8% of revenues. The company guided for third-quarter revenue between $1.105 billion and $1.155 billion, with adjusted EBITDA of $235 million to $265 million. Full-year 2026 revenue is expected in the range of $4.54 billion to $4.80 billion, and adjusted EBITDA between $951 million and $1.046 billion, with adjusted free cash flow conversion in the mid- to high-40% range. The net leverage ratio stood at 0.34 times.
GuruFocus·35dRead more ▾
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Weatherford International Q2 2026 earnings preview shows consensus EPS of $0.90 and revenue of $1.07B

Weatherford International is scheduled to announce its second-quarter 2026 earnings results on Wednesday, July 22nd, before market open. The consensus earnings per share estimate stands at $0.90, while the consensus revenue estimate is $1.07 billion, representing an 11.1 percent decline year-over-year. Over the past year, the company has beaten EPS estimates 75 percent of the time and revenue estimates 100 percent of the time. In the last three months, EPS estimates have seen zero upward revisions and ten downward revisions, and revenue estimates have seen zero upward revisions and eleven downward revisions.
Seeking Alpha·36dRead more ▾
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Weatherford to hold Special Shareholder Meetings on September 3 for proposed redomestication to Delaware

Weatherford International announced it will hold Special Shareholder Meetings on September 3, 2026, to vote on its proposed redomestication from Ireland to Delaware. The Board unanimously recommends approval, estimating annual cash savings of $20 million to $30 million beginning in 2027 if the move is completed this year. Shareholders must submit new voting instructions and complete both proxy cards for the Scheme Meeting and Extraordinary General Meeting, as prior votes from the June 11 meetings will not count. The definitive proxy statement was filed with the SEC today and is being distributed to all shareholders.
GlobeNewswire·44dRead more ▾
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Core Natural Resources Touted as Top Pick, SLB and Weatherford Flagged as Sells

StockStory identifies Core Natural Resources as an energy stock with exciting potential, while recommending investors avoid SLB and Weatherford. Core Natural Resources, a coal miner and exporter, posted annual revenue growth of 14.2% over nine years and a robust free cash flow margin of 12.7%, trading at 4.8 times forward EV-to-EBITDA. In contrast, SLB faces a low gross margin of 21.5% and a forward P/E of 17.4, while Weatherford has seen annual sales decline 5.1% over a decade with a gross margin of 31.7% and a forward P/E of 14.7.
StockStory·44dRead more ▾
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Weatherford International to Acquire NCS Multistage in Stock and Cash Deal

Weatherford International announced a definitive agreement to acquire NCS Multistage. NCS Multistage stockholders will receive Weatherford common stock or a combination of stock and cash. The transaction is expected to be immediately accretive to adjusted Free Cash Flow per share, and the company anticipates realizing at least $15 million in annual cost synergies within 18 months of closing. The acquisition strengthens Weatherford's completions portfolio by integrating NCS Multistage's specialized technology for optimizing well completions and field development in complex unconventional resource environments. Weatherford plans to use its extensive international footprint to scale NCS Multistage's product suite to a broader global customer base.
Insider Monkey·45dRead more ▾
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StockStory highlights First Solar and Zoetis as promising value stocks, flags Weatherford as underwhelming

StockStory identifies First Solar and Zoetis as value stocks with promising prospects, while cautioning against Weatherford. First Solar, trading at $228.75 per share with a forward P/E of 11.7x, has seen 23.3% annual revenue growth over the last two years and a positive free cash flow profile. Zoetis, at $74.96 per share and a forward P/E of 10.8x, demonstrates 8.7% constant currency growth and a robust 21.3% free cash flow margin. In contrast, Weatherford, priced at $83.00 with a forward P/E of 14.7x, has experienced annual sales declines of 5.1% over the past decade and a below-peer gross margin of 31.7%.
StockStory·47dRead more ▾
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Mastercard Recommended, Boise Cascade and Weatherford Avoided by StockStory

StockStory recommends buying Mastercard while advising investors to avoid Boise Cascade and Weatherford. Mastercard, trading at $522.80 per share, is highlighted for its 17% annual revenue growth over five years and 23.1% annual earnings per share growth, with a consensus price target of $644.89 implying a 23.4% return. Boise Cascade, at $71.35, faces annual sales declines of 4.2% and eroding returns on capital, with a $92 target. Weatherford, at $83.93, saw sales tumble 5.1% annually over ten years and has a 31.7% gross margin, with a $120.67 target.
Yahoo Finance·48dRead more ▾
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Weatherford and HighPeak Energy Shares Fall as Oil Prices Drop to Pre-War Lows

Shares of Weatherford and HighPeak Energy declined sharply as crude oil prices fell to their lowest level since the start of the Iran conflict, driven by tankers resuming transit through the Strait of Hormuz and signs of progress toward ending the war. Weatherford, a mixed or offshore upstream exploration and production company, dropped 4.5 percent, while U.S. shale exploration and production company HighPeak Energy fell 2.9 percent. The broader S&P 500 energy index fell about 2.45 percent, with West Texas Intermediate crude down roughly 4 percent to near 70 dollars a barrel and Brent down about 4 percent to near 74 dollars, the lowest since February 27. The resumption of tanker crossings with transponders on, safety guarantees cited by the International Maritime Organization, and the International Energy Agency estimating UAE exports near 85 percent of pre-war levels contributed to the price decline. Separately, President Trump ordered a Department of Justice probe into why pump prices have not fallen faster, accusing oil companies of gouging.
Yahoo Finance·63dRead more ▾