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 PRESS RELEASE

Weatherford Launches Industrial Intelligence at FWRD 2025

Weatherford Launches Industrial Intelligence at FWRD 2025 HOUSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the launch of Weatherford Industrial Intelligence, a breakthrough digital portfolio unveiled at the Company’s flagship FWRD 2025 Technology Conference in Houston. Weatherford sees the next industry-defining leap in the fusion of physical operations with data foundations and cross-disciplinary execution. Weatherford Industrial Intelligence is a portfolio that moves beyond simply collecting dat...

 PRESS RELEASE

Weatherford Hosts FWRD 2025 Digital Conference, Showcasing Next-Genera...

Weatherford Hosts FWRD 2025 Digital Conference, Showcasing Next-Generation Energy Technologies HOUSTON, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced its flagship FWRD 2025 Conference, taking place September 30 – October 1 at the JW Marriott in Houston. The event convenes energy leaders, technology innovators, and technical experts from across the sector to exchange insights on digital transformation and showcase technologies reshaping the life of the well. Through keynotes, interactive panels, and hands-o...

 PRESS RELEASE

Weatherford Announces Third-Quarter 2025 Conference Call

Weatherford Announces Third-Quarter 2025 Conference Call HOUSTON, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, October 22, 2025, to discuss the Company’s results for the third quarter ended September 30, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 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 investor relations section of the We...

 PRESS RELEASE

Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring C...

Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring Contract by Romgaz HOUSTON, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded an eight-year contract by SNGN Romgaz S.A., the largest natural gas producer and main supplier in Romania and the third largest gas producer in Europe, to deliver services for real-time monitoring and transmission of dynamic parameters from the wellheads of gas wells, improving production optimization through digital and AI-enabled insights. ...

 PRESS RELEASE

Weatherford Announces Credit Rating Upgrades from Moody’s, S&P, and Fi...

Weatherford Announces Credit Rating Upgrades from Moody’s, S&P, and Fitch HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that Moody’s Investor Services, S&P Global Ratings, and Fitch Ratings have recently upgraded the Company’s ratings, underscoring the progress Weatherford has made in strengthening its financial profile, operational performance, and balance sheet flexibility. Moody’s Investors Service upgraded Weatherford’s Corporate Family Rating to ‘Ba2’ from ‘Ba3’ with a Positive Outlook. The r...

 PRESS RELEASE

Weatherford Announces Increase to Previously Announced Tender Offer fo...

Weatherford Announces Increase to Previously Announced Tender Offer for its 8.625% Senior Notes due 2030 HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today the upsizing of its previously announced cash tender offer (the “Tender Offer”) for its 8.625% Senior Notes due 2030 (“Notes”) by its subsidiaries, Weatherford International, LLC and Weatherford International Ltd. (together, the “Offerors”). The Offerors have amended the terms of the Tender Offer to increase the aggregate principal amount of Notes th...

 PRESS RELEASE

Weatherford Announces Upsize and Pricing of $1,200 Million of Senior N...

Weatherford Announces Upsize and Pricing of $1,200 Million of Senior Notes due 2033 HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its subsidiary, Weatherford International Ltd., has priced $1,200 million aggregate principal amount of its 6.75% Senior Notes due 2033 at par (the “2033 Notes”), which represents a $600 million increase from the previously announced size of the offering (the “2033 Notes Offering”). The 2033 Notes Offering is expected to close on October 6, 2025, subject to customar...

 PRESS RELEASE

Weatherford Announces Expansion of Credit Facility to $1 Billion

Weatherford Announces Expansion of Credit Facility to $1 Billion HOUSTON, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and the “Company,” “we,” “us” and “our”) announced it has increased its credit facility by $280 million with aggregate commitments of $1 billion, effective today. The facility is now comprised of a $600 million revolver tranche, $400 million allocated to performance letters of credit, an increased accordion feature, which could expand lender commitments to up to $1.15 billion, subject to certain conditions, and extends ma...

 PRESS RELEASE

Weatherford Announces Tubular Running Services Contract Award with Pet...

Weatherford Announces Tubular Running Services Contract Award with Petrobras HOUSTON, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has been awarded a three-year, $147 million contract by Petróleo Brasileiro S.A. (“Petrobras”) to deliver Tubular Running Services (TRS) in Brazil. The award, which followed an open tender, underscores Weatherford’s leadership in TRS technologies to advance safe, efficient, and reliable drilling operations. Under the scope of contract, Weatherford will deploy several of its...

 PRESS RELEASE

Weatherford Awarded Managed Pressure Drilling Contract for Woodside En...

Weatherford Awarded Managed Pressure Drilling Contract for Woodside Energy’s Trion Deepwater Development HOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced it has been awarded a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside Petróleo Operaciones de México, S. de R.L. de C.V. The multi-year contract includes MPD services for an initial 8 wells with the potential to expand to 24 wells. The aw...

 PRESS RELEASE

Weatherford Announces Second Quarter 2025 Results

Weatherford Announces Second Quarter 2025 Results Second quarter revenue of $1,204 million increased 1% sequentiallySecond quarter operating income of $237 million increased 67% sequentiallySecond quarter net income of $136 million increased 79% sequentially; net income margin of 11.3%Second quarter adjusted EBITDA* of $254 million was flat sequentially; adjusted EBITDA margin* of 21.1% decreased 11 basis points sequentiallySecond quarter cash provided by operating activities of $128 million and adjusted free cash flow* of $79 millionRepurchased $27 million of 8.625% Senior Notes due 2030 i...

 PRESS RELEASE

Weatherford Announces Second-Quarter 2025 Conference Call

Weatherford Announces Second-Quarter 2025 Conference Call HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, July 23, 2025 to discuss the Company’s results for the second quarter ended June 30, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 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 investor relations section of the Weatherfor...

 PRESS RELEASE

Weatherford Announces a Strategic Agreement with Amazon Web Services t...

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. As part of this collaboration, Weatherford selected AWS as its preferred cloud provider and will migrate and modernize its cutting-edge software and hardw...

 PRESS RELEASE

Weatherford Releases Annual Sustainability Report

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. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “At Weatherford, sustainability is an integral part of our operations, guiding how we grow and ...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: May 3, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Weatherford Appoints New Chief Financial Officer

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. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “I am pleased to welcome Anuj to Weatherford. With fresh perspective and proven expertise, Anuj will enhance our leadership team and help position Weatherford to lead confidently through the next phase of our journey. His experience acros...

 PRESS RELEASE

Weatherford Announces First Quarter 2025 Results

Weatherford Announces First Quarter 2025 Results First quarter revenue of $1,193 million decreased 12% year-over-yearFirst quarter operating income of $142 million decreased 39% year-over-yearFirst quarter net income of $76 million, a 6.4% margin, decreased 32% year-over-yearFirst quarter adjusted EBITDA* of $253 million, a 21.2% margin, decreased 25%, or 354 basis points, year-over-yearFirst quarter cash provided by operating activities of $142 million and adjusted free cash flow* of $66 millionRepurchased $34 million of 8.625% Senior Notes due 2030 in the first quarter of 2025Shareholder ...

 PRESS RELEASE

Weatherford and AIQ Sign Strategic Partnership to Accelerate Efficienc...

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. The col...

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