Welcome to our dedicated page for Weatherford news (Ticker: WFRD), a resource for investors and traders seeking the latest updates and insights on Weatherford stock.
Weatherford International plc reports developments in oilfield services and equipment for upstream oil and gas operators. News commonly covers managed pressure drilling systems, well construction and completions, production and intervention services, offshore contract awards, aftermarket support, and work in deepwater markets such as Brazil.
Company updates also include operating and financial results, cash flow, capital expenditures, dividends, share repurchases, and governance or shareholder-voting matters. Weatherford’s recurring announcements connect its drilling, evaluation, completions, and intervention technologies with customer activity across offshore and international oil and gas markets.
Weatherford (NASDAQ: WFRD) released its 2025 Sustainability Report on May 14, 2026. The report outlines ongoing sustainability progress and the impact of related initiatives across operations.
Weatherford highlights sustainability as integral to how it operates, innovates, and supports long-term performance for customers and the wider energy industry.
Weatherford (NASDAQ: WFRD) was selected by Ventura Offshore to provide a complete managed pressure drilling (MPD) solution for the SSV Victoria rig in Brazil's Búzios Field on May 7, 2026. Weatherford will deliver its G3 Integrated Riser Joint (IRJ), turnkey rig preparation, system integration, and a long-term aftermarket maintenance package. The OEM-led scope covers delivery, installation, and ongoing support, with global engineering from Weatherford’s Managed Pressure Wells Center of Excellence in Houston and local field teams in Brazil.
Weatherford (NASDAQ: WFRD) won two multi‑year contracts with Constellation Oil Services to support offshore Brazil operations. One expands well intervention services on the Gold Star semisubmersible through December 2028; the other provides managed pressure drilling equipment and services for the Brava Star drillship from Q1 2027 through December 2030.
The work covers Campos, Espírito Santo basins and the Búzios Field, uses local teams and infrastructure, and represents the first integrated service model contracted directly through the rig.
Weatherford (NASDAQ: WFRD) was awarded multiple managed pressure drilling (MPD) contracts and a global aftermarket agreement with Noble Corporation on May 5, 2026.
The awards include delivery of two deepwater MPD systems for Noble’s Guyana operations (delivery expected before year-end) and an upgraded third-party MPD system being configured in Houston for deployment to Nigeria in Q3. The global aftermarket deal covers standardized lifecycle support, parts, and services across Noble’s fleet.
Weatherford (NASDAQ: WFRD) reported Q1 2026 revenue of $1,152 million (−3% YoY, −11% sequentially) and operating income of $123 million (−13% YoY). Net income rose 42% to $108 million with a 9.4% margin. Adjusted EBITDA was $233 million (20.2% margin, −8% YoY). Adjusted free cash flow was $85 million (+29% YoY). The company declared a $0.275 per share dividend payable June 4, 2026, returned $30 million to shareholders in Q1, and proposed redomestication to Texas, expected in Q3 2026 subject to approvals.
Weatherford (NASDAQ: WFRD) announced a proposal to redomesticate its parent company from Ireland to the United States, establishing Texas as its new legal domicile. The move is expected to complete in Q3 2026, subject to shareholder and customary approvals, and aims to simplify structure, increase capital access, and align governance.
The company said the change will not affect its global footprint or customer commitments and emphasizes continued operations from its Houston headquarters.
Weatherford (NASDAQ: WFRD) will host a first-quarter 2026 conference call on Wednesday, April 22, 2026 at 8:30 a.m. ET (7:30 a.m. CT) to discuss results for the quarter ended March 31, 2026. A press release and presentation slides will be issued before the call.
Investors can join via live webcast, register for phone access, or dial the provided U.S. and international numbers. A telephonic replay will be available through May 5, 2026 at 5:00 p.m. ET using conference number 5490297.
Weatherford (NASDAQ: WFRD) was awarded a multi-year Integrated Completions contract by TotalEnergies in Denmark on Feb. 12, 2026. Weatherford will deliver completions products and services to support offshore operations, leveraging advanced technologies, experienced teams, and its proven delivery model.
The award reinforces Weatherford’s long-standing relationship with TotalEnergies and highlights the company’s emphasis on safe, reliable execution in brownfield environments, according to the company.
Weatherford (NASDAQ: WFRD) reported Q4 2025 revenue of $1,289M (+5% sequential, -4% YoY) and full-year 2025 revenue of $4,918M (-11% YoY). Q4 operating income was $199M, net income $138M (10.7% margin) and adjusted EBITDA $291M (22.6% margin). Full-year adjusted EBITDA was $1,067M (-23% YoY). Q4 cash from operations was $268M and adjusted free cash flow $222M. Board approved a 10% quarterly dividend increase to $0.275 per share, payable March 5, 2026.
Weatherford (NASDAQ: WFRD) announced a quarterly cash dividend of $0.275 per share, a 10% increase versus the prior quarterly dividend. The Board declared the dividend on Jan. 27, 2026; it is payable on March 5, 2026 to shareholders of record as of February 6, 2026.
The company said the increase reflects business strength, a healthy balance sheet, disciplined capital allocation, and strong free cash flow generation, and affirmed its commitment to returning value to shareholders while investing in long-term growth.