Previous Close | 53.00 |
Open | 54.50 |
Bid | 52.50 x N/A |
Ask | 53.00 x N/A |
Day's Range | 52.50 - 54.50 |
52 Week Range | 33.80 - 65.50 |
Volume | |
Avg. Volume | 2 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Revenues of $1,186 million increased 26% year-over-yearOperating income of $185 million increased 928% year-over-yearNet income of $72 million increased 190% year-over-year; net income margin of 6.1%Adjusted EBITDA* of $269 million increased 78% year-over-year; adjusted EBITDA margin* of 22.7%Cash provided by operating activities of $84 million and adjusted free cash flow* of $27 millionSenior notes repayments and repurchases of $62 million in the first quarter of 2023, followed by issuance of n
Weatherford Announces Intention to Redeem Remaining $105 Million Principal Amount of 11.00% Senior Notes Due 2024HOUSTON, April 20, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) today announced that Weatherford International Ltd., a Bermuda exempted company and wholly owned subsidiary of Weatherford (“Weatherford Bermuda”), has successfully completed its previously announced consent s
HOUSTON, April 12, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) today announced that Weatherford International Ltd., a Bermuda exempted company and wholly owned subsidiary of Weatherford (“Weatherford Bermuda”), has commenced a consent solicitation (the “Consent Solicitation”) to solicit the consent of holders of its outstanding 6.500% Senior Secured First Lien Notes due 2028 (the “N
HOUSTON, March 31, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, April 26, 2023 to discuss the Company’s results for the first quarter ended March 31, 2023. The conference call will begin at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Prior to the conference call, the Company will issue a press release announcing the results and the associated presentation slides will be uploaded to the inves
HOUSTON, March 15, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced the release of its 2022 Annual Report. The interactive and fully digital report shares highlights of the Company's 2022 financial results, significant milestones, strategic focus areas, achievements, and priorities for the future. Girish Saligram, President and Chief Executive Officer, commented, "The new Weatherford is not merely aspirational – the results are tang
Fourth quarter revenues of $1,209 million, increased 8% sequentially and 25% year-over-year; full year revenues of $4,331 million, increased 19% from prior year, the highest growth rate in over 10 yearsFourth quarter operating income of $169 million, increased 40% sequentially and 412% year-over-year; full year operating income of $412 million, increased 255% from prior yearFourth quarter net income of $72 million, increased 157% sequentially; full year net income of $26 million, compared to net
HOUSTON, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, February 8, 2023 to discuss the Company’s results for the fourth quarter and full year ended December 31, 2022. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). Prior to the conference call, the Company will issue a press release announcing the results and the associated presentation slides will be upl
HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) has appointed Arun Mitra as the Company’s Executive Vice President and Chief Financial Officer. Mr. Mitra’s appointment is effective immediately. Before joining Weatherford, Mr. Mitra served as the Executive Vice President and Chief Financial Officer of Mitsubishi Power Americas Inc., a leader in power generation and energy storage solutions. Serving in this role since 2014, M
HOUSTON, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) signed a multi-year agreement with DataRobot, a leader in artificial intelligence (AI), to deliver advanced AI solutions in its digital platforms, including the ForeSite® production optimization and Centro™ well construction platforms. These market-leading digital platforms from Weatherford provide solutions with the power of Industry 4.0 technologies, including big data analy
HOUSTON, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the Company’s issuer credit rating has recently been upgraded to 'B' from 'B-' by S&P Global Ratings (“S&P”). S&P based the rating upgrade in part due to improvements in financial performance and liquidity driven by stronger operational performance, the recently announced $400 million credit facility and the series of debt repayment transactions that improved l
HOUSTON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced a strategic partnership with Ardyne, a leader in specialized well-decommissioning technology. This agreement will enable Weatherford and Ardyne to deliver significant value to customers globally by offering the industry’s most comprehensive portfolio of Plug & Abandonment (P&A) and Slot Recovery solutions. The Company will invest in Ardyne’s specialized single-trip a
Third quarter revenues of $1,120 million, increased 5% sequentially, led by higher Drilling and Evaluation activityNet income was $28 million and operating income was $121 millionAdjusted EBITDA[1] was $214 million, a 19.1% adjusted EBITDA margin with a 160 basis point sequential improvementNet cash provided by operating activities was $160 million and free cash flow[1] was $133 million, primarily driven by higher adjusted EBITDA margins and working capital efficiency Secured significant contrac
HOUSTON, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has been awarded a three-year, lump-sum turnkey (LSTK) contract with Saudi Aramco (“Aramco”) to deliver drilling and intervention services. As part of this contract, the Weatherford Integrated Services and Projects (ISP) team will plan and execute all aspects of the operations, including Weatherford product lines and associated services, to deliver 45 wells per ye
HIGHLIGHTS Three new US based directors appointed to the BoardMs Patricia Mishic O’Brien, Mr H. Keith Jennings, and Mr Graham van’t Hoff appointed Non-Executive DirectorsKey appointments to help steward the Company to its aspiration of becoming a globally significant US based producer of boron and lithium advanced materialsMs Mishic O’Brien brings over 25 years’ experience in Chief Commercial Officer and Chief Marketing Officer roles in global specialties and advanced materials businessesMr H. K
HOUSTON, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) received a five-year contract exceeding $500 million from Petroleum Development Oman (“PDO”) to deliver Integrated Drilling Services in the Marmul and Grater Saqar fields. Operations are targeted to begin in the fourth quarter of 2022. This award builds on ongoing collaborations with PDO, where Weatherford will deliver 700+ wells in the Marmul and Grater Saqar fields in the ne