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Post-bankruptcy, Weatherford has relisted to the Nasdaq and is the recipient of major industry tailwinds. With a restructured balance sheet and improved credit rating, financial leverage has become more manageable. Mixed financials and an elevated valuation, however, limit the bul...
Weatherford Reportable Segment Change PR Newswire HOUSTON , Feb. 9, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") announced today a segment recast by quarter for the full year 2020 and through the third q...
Weatherford Announces Fourth-Quarter and Full-Year 2021 Conference Call PR Newswire HOUSTON , Jan. 18, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") will host a conference call on Thursday, Februar...
Weatherford Announces Upgrade in Credit Rating To 'B-' From 'CCC+', Outlook Stable PR Newswire HOUSTON , Dec. 13, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today announced the Company's issu...
Weatherford Awarded Digital Oilfield Project in Kuwait PR Newswire HOUSTON , Dec. 1, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today announced it was awarded a three-year digital oilfield con...
The Department of the Treasury has extended the following companies a general license to operate in Venezuela through June 1, 2022 - Chevron (NYSE:CVX), Halliburton (NYSE:HAL), Schlumberger (NYSE:SLB), Baker Hughes (NYSE:BKR), Weatherford International (NASDAQ:WFRD) The general license provid...
Weatherford (WFRD +0.8%) opens higher after saying it was awarded two five-year contracts with Abu Dhabi National Oil Co. with a combined value of more than $1B for downhole completions equipment and liner hanger systems. The company says the downhole completions contract is among the world's...
Weatherford Awarded Over $1 Billion in Downhole Completion and Liner Hanger Contracts by Abu Dhabi National Oil Company PR Newswire HOUSTON , Nov. 16, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today a...
WFRD will continue to expand operating margin through a better service mix, new contracts, and technology-enabled offerings. Weatherford's drilling evaluation & intervention and completion & production business will drive growth. Its balance sheet is more leveraged than ma...
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Revenues of $1,405 million increased 3.5% sequentially and 10% year-over-year, driven by international revenue growth of 6% sequentially and 14% year-over-year Operating income of $264 million increased 13% sequentially and 31% year-over-year Net income of $125 million increased 12% seque...
HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Steven Beringhause as a director with a term expirin...