| Weatherford Announces a Strategic Agreement with Amazon Web Services to Accelerate Digital Transformation and Enhance Operational Efficiency |
HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has signed an agreement with Amazon Web Services (“AWS”) that will transform Weatherford's digital capabilities and help drive innovation in the energy sector. |
globenewswire.com |
2025-05-13 20:45:00 |
Czytaj oryginał (ang.) |
| Weatherford Releases Annual Sustainability Report |
HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today the release of its 2024 Sustainability Report, which highlights the Company's continued progress in advancing environmental, social, and governance (“ESG”) practices and showcases recent achievements in sustainability efforts. |
globenewswire.com |
2025-05-06 21:00:00 |
Czytaj oryginał (ang.) |
| Weatherford International plc (WFRD) Q1 2025 Earnings Call Transcript |
Weatherford International plc (NASDAQ:WFRD ) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Luke Lemoine - SVP, Corporate Development and IR Girish Saligram - President and CEO Anuj Dhruv - EVP and CFO Conference Call Participants David Anderson - Barclays Scott Gruber - Citigroup Saurabh Pant - Bank of America Jim Rollyson - Raymond James Sean Mitchell - Daniel Energy Partners Doug Becker - Capital One Derek Podhaizer - Piper Sandler Atidrip Modak - Goldman Sachs Operator Good day, and welcome to the Weatherford First Quarter 2025 Results Conference Call. [Operator Instructions] Please note this event is being recorded. |
seekingalpha.com |
2025-04-23 15:53:07 |
Czytaj oryginał (ang.) |
| Weatherford (WFRD) Q1 Earnings Beat Estimates |
Weatherford (WFRD) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.50 per share a year ago. |
zacks.com |
2025-04-22 22:45:36 |
Czytaj oryginał (ang.) |
| Weatherford Appoints New Chief Financial Officer |
HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced Anuj Dhruv has been appointed as Executive Vice President and Chief Financial Officer. |
globenewswire.com |
2025-04-22 20:31:00 |
Czytaj oryginał (ang.) |
| Weatherford Announces First Quarter 2025 Results |
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled |
globenewswire.com |
2025-04-22 20:30:00 |
Czytaj oryginał (ang.) |
| Weatherford and AIQ Sign Strategic Partnership to Accelerate Efficiency in Energy Production |
HOUSTON, April 21, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector. This partnership is set to bring transformative efficiency to energy production, leveraging advanced automation, data-driven insights, and the power of AI technology. |
globenewswire.com |
2025-04-21 20:30:00 |
Czytaj oryginał (ang.) |
| Weatherford International: Too Cheap (Again) To Ignore |
Weatherford International has significantly improved post-bankruptcy, boasting a solid balance sheet and leading technological innovations, positioning it well for potential economic slowdowns. The company's focus on solutions businesses has enhanced margins, making them comparable or superior to peers. Weatherford's valuation is extremely low, with significant upside potential; I initiate a Strong Buy rating with a $100/share target. |
seekingalpha.com |
2025-04-18 18:34:35 |
Czytaj oryginał (ang.) |
| These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar |
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. |
zacks.com |
2025-04-18 13:55:41 |
Czytaj oryginał (ang.) |
| Will Weatherford (WFRD) Beat Estimates Again in Its Next Earnings Report? |
Weatherford (WFRD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2025-04-15 17:15:48 |
Czytaj oryginał (ang.) |
| Weatherford (WFRD) Expected to Beat Earnings Estimates: Should You Buy? |
Weatherford (WFRD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-15 15:06:46 |
Czytaj oryginał (ang.) |
| Weatherford Releases 2024 Digital Annual Update |
HOUSTON, March 25, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced the release of its 2024 Annual Update. The interactive and fully digital report shares the Company's financial results and highlights new technology innovations, achievements, and progress in our strategic focus areas to create long-term value for employees, customers, and shareholders. |
globenewswire.com |
2025-03-25 19:00:00 |
Czytaj oryginał (ang.) |
| Weatherford: A Global Oil And Gas Service Provider With Diverse Portfolio |
Weatherford International gets a buy rating, agreeing with the Wall St consensus today. The profitable firm has a global diverse portfolio, recent new contract wins, and lower leverage risk than before, while trading cheaply. Although the stock is not a proven dividend grower, it is a proven cashflow generator with steady free cashflow/share. |
seekingalpha.com |
2025-03-01 03:26:29 |
Czytaj oryginał (ang.) |
| Oilfield Drilling Elevator Market to Reach USD 2.55 Billion by 2032 | Jereh Group, Franks International, Weatherford International |
Global oil demand to rise from 840 kb/d in 2024 to 1.1 mb/d in 2025; supply at 104.8 mb/d. Global oil demand to rise from 840 kb/d in 2024 to 1.1 mb/d in 2025; supply at 104.8 mb/d. |
globenewswire.com |
2025-02-27 09:55:00 |
Czytaj oryginał (ang.) |
| Weatherford International plc (WFRD) Q4 2024 Earnings Conference Call Transcript |
Weatherford International plc (NASDAQ:WFRD ) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Luke Lemoine - SVP, Corporate Development and IR Girish Saligram - President & CEO Arun Mitra - EVP & CFO Conference Call Participants Saurabh Pant - Bank of America Kurt Hallead - Benchmark Jim Rollyson - Raymond James Joshua Chan - Daniel Energy Partners Doug Becker - Capital One Derek Podhaizer - Piper Sandler Operator Good morning, and welcome to the Weatherford International Fourth Quarter 2024 and Full-Year 2024 Earnings Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-02-06 13:01:02 |
Czytaj oryginał (ang.) |
| Weatherford (WFRD) Surpasses Q4 Earnings Estimates |
Weatherford (WFRD) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.90 per share a year ago. |
zacks.com |
2025-02-05 21:01:34 |
Czytaj oryginał (ang.) |
| Weatherford Announces Fourth Quarter and Full Year 2024 Results |
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled |
globenewswire.com |
2025-02-05 18:30:00 |
Czytaj oryginał (ang.) |
| Analysts Estimate Weatherford (WFRD) to Report a Decline in Earnings: What to Look Out for |
Weatherford (WFRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-01-29 13:06:08 |
Czytaj oryginał (ang.) |
| Weatherford Announces Fourth-Quarter and Full-Year 2024 Conference Call |
HOUSTON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Thursday, February 6, 2025 to discuss the Company's results for the fourth quarter and full year ended December 31, 2024. |
globenewswire.com |
2024-11-22 18:30:00 |
Czytaj oryginał (ang.) |
| Weatherford Secures Three-Year Contract with ADNOC |
HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded a three-year contract for the provision of rigless services as part of the reactivation of ADNOC onshore strings. The project is slated to begin in the fourth quarter of 2024, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC's onshore assets. |
globenewswire.com |
2024-11-07 18:30:00 |
Czytaj oryginał (ang.) |
| Weatherford Announces Contract Awards with Kuwait Oil Company and NOC in Qatar |
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced two contracts in the Middle East, with Kuwait Oil Company (“KOC”) and a National Oil Company (“NOC”) in Qatar. |
globenewswire.com |
2024-11-05 18:30:00 |
Czytaj oryginał (ang.) |
| Weatherford: Q3 Shows A Very Mixed Picture |
Weatherford International's Q3 revenue missed analyst expectations, but EPS beat estimates, showing mixed financial performance. Segment revenues remained flat, with minimal growth, and adjusted EBITDA decreased by 3%, indicating slowing growth. Despite positive capital allocation moves and reduced net debt, the company's future growth outlook is unclear. |
seekingalpha.com |
2024-10-26 08:30:17 |
Czytaj oryginał (ang.) |
| Weatherford International plc (WFRD) Q3 2024 Earnings Call Transcript |
Weatherford International plc (NASDAQ:WFRD ) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Luke Lemoine - SVP, Corporate Development and IR Girish Saligram - President & CEO Arun Mitra - EVP & CFO Conference Call Participants David Anderson - Barclays James West - Evercore Scott Gruber - Citigroup Ati Modak - Goldman Sachs Jim Rollyson - Raymond James Saurabh Pant - Bank of America Kurt Hallead - Benchmark Doug Becker - Capital One Joshua Chan - Daniel Energy Partners Operator Thank you. Ladies and gentlemen, thank you for standing by. |
seekingalpha.com |
2024-10-23 15:34:03 |
Czytaj oryginał (ang.) |
| Weatherford (WFRD) Surpasses Q3 Earnings Estimates |
Weatherford (WFRD) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.66 per share a year ago. |
zacks.com |
2024-10-22 22:50:50 |
Czytaj oryginał (ang.) |
| Weatherford Third Quarter 2024 Results |
Revenues of $1,409 million increased 7% year-over-year Operating income of $243 million increased 11% year-over-year Net income of $157 million increased 28% year-over-year; net income margin of 11.1% Adjusted EBITDA* of $355 million increased 16% year-over-year; adjusted EBITDA margin* of 25.2% increased by 197 basis points year-over-year Cash provided by operating activities of $262 million, an increase of $112 million sequentially and $90 million year-over-year; adjusted free cash flow* of $184 million, an increase of $88 million sequentially and $47 million year-over-year Received credit rating upgrade from S&P Global Ratings to ‘BB-' with positive outlook, and from Fitch to ‘BB-' with stable outlook Shareholder returns of $68 million for the quarter, which includes dividends payment of $18 million and share repurchases of $50 million Board approved quarterly cash dividend of $0.25 per share payable on December 5, 2024 to shareholders of record as of November 6, 2024 Deployment of Victus™ Managed Pressure Drilling (MPD) systems in the first two deep geothermal exploration wells that have been drilled for a major operator in the Middle East Aramco awarded Weatherford a three-year Corporate Procurement Agreement (CPA) including Cementation Products, Completions, Liner Hangers, and Whipstocks, as well as associated service agreements, to enhance its operational efficiency and strategic goals Hosted 20th annual FWRD conference focused on digitalization and next-generation life-of-well solutions to boost efficiency, sustainability, and performance *Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled HOUSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the third quarter of 2024. Revenues for the third quarter of 2024 were $1,409 million, an increase of 0.3% sequentially and an increase of 7% year-over-year. |
globenewswire.com |
2024-10-22 20:30:00 |
Czytaj oryginał (ang.) |
| Analysts Estimate Weatherford (WFRD) to Report a Decline in Earnings: What to Look Out for |
Weatherford (WFRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-16 15:05:20 |
Czytaj oryginał (ang.) |
| I'd avoid SLB and Baker Hughes and buy Weatherford stock |
The energy industry has come into the spotlight recently as crude oil and natural gas prices have retreated. Most oil stocks have pulled back as investors have embraced the new normal of lower prices as demand concerns have remained. |
invezz.com |
2024-09-24 08:03:55 |
Czytaj oryginał (ang.) |
| Weatherford Announces Third-Quarter 2024 Conference Call |
HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, October 23, 2024 to discuss the Company's results for the third quarter ending September 30, 2024. |
globenewswire.com |
2024-09-17 20:30:00 |
Czytaj oryginał (ang.) |
| Weatherford Announces S&P Credit Rating Upgrade To ‘BB-' From 'B+', Positive Outlook |
HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the Company's issuer credit rating has recently been upgraded to ‘BB-' from 'B+' by S&P Global Ratings (“S&P”). S&P based the rating upgrade on multiple factors, including improved operating efficiency and debt repayment. |
globenewswire.com |
2024-09-10 20:46:00 |
Czytaj oryginał (ang.) |
| Weatherford Announces Acquisition of Datagration |
HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the acquisition of Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry's most capable and contemporary digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio. |
globenewswire.com |
2024-09-03 12:30:00 |
Czytaj oryginał (ang.) |
| Weatherford Releases Annual Sustainability Report |
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability Report, which shares the Company's latest advancements in environmental, social, and governance (“ESG”) practices and sustainability efforts. |
globenewswire.com |
2024-08-07 21:00:00 |
Czytaj oryginał (ang.) |
| Weatherford International plc (WFRD) Q2 2024 Earnings Call Transcript |
Weatherford International plc (NASDAQ:WFRD ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mohammed Topiwala - Vice President, Investor Relations & M&A Girish Saligram - President & Chief Executive Officer Arun Mitra - Executive Vice President & Chief Financial Officer Conference Call Participants Luke Lemoine - Piper Sandler James West - Evercore David Anderson - Barclays Ati Modak - Goldman Sachs Jim Rollyson - Raymond James Scott Gruber - Citigroup Doug Becker - Capital One Kurt Hallead - Benchmark Saurabh Pant - Bank of America Operator Good day, and welcome to the Weatherford Second Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-07-24 14:58:04 |
Czytaj oryginał (ang.) |
| Weatherford (WFRD) Misses Q2 Earnings and Revenue Estimates |
Weatherford (WFRD) came out with quarterly earnings of $1.66 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.12 per share a year ago. |
zacks.com |
2024-07-23 22:45:32 |
Czytaj oryginał (ang.) |
| Weatherford Announces Second Quarter 2024 Results and Shareholder Return Program |
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled |
globenewswire.com |
2024-07-23 20:31:00 |
Czytaj oryginał (ang.) |
| Weatherford Announces New Appointment to Board of Directors |
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 expiring at the 2025 Annual Meeting of Shareholders. His appointment is effective July 23, 2024, and will increase the size of the Company's Board to six members. |
globenewswire.com |
2024-07-23 20:30:00 |
Czytaj oryginał (ang.) |
| Market Rotation: 3 High Quality Stocks to Catch this Epic Shift |
A major market shift is under way and Weatherford International, Philip Morris International and 3M may be winners going forward. |
zacks.com |
2024-07-12 19:02:05 |
Czytaj oryginał (ang.) |
| The 3 Best Energy Stocks to Buy in July 2024 |
In its June meeting, The Organization of the Petroleum Exporting Countries (OPEC) extended most of its production cuts through the end of 2025. While some pundits view the move as an attempt to support an oversupplied market, it puts a floor on oil prices. |
investorplace.com |
2024-07-04 13:41:47 |
Czytaj oryginał (ang.) |
| Recent Price Trend in Weatherford (WFRD) is Your Friend, Here's Why |
Weatherford (WFRD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen. |
zacks.com |
2024-06-25 13:50:19 |
Czytaj oryginał (ang.) |