Weatherford International plcWFRD
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Q2 revenue and EBITDA beat expectations, with strong cash flow and raised guidance for Q3 and full year.
Impact on stocks 1
Energy
Weatherford International plcWeatherford 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.
Weatherford International plcQ2 revenue and EBITDA beat expectations, with strong cash flow and raised guidance for Q3 and full year.