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Weatherford International plc (WFRD) SEC Filings, Jul-Oct 2025

WFRD NASDAQ

Weatherford International plc filings document an oilfield services company with businesses spanning drilling and evaluation, well construction and completions, and production and intervention. Its Form 8-K disclosures report quarterly and annual operating results, Regulation FD materials, dividend actions, material agreements, and other corporate events tied to its ordinary shares and subsidiaries.

Proxy and capital-structure filings cover shareholder voting matters, governance practices, risk factors, executive and board matters, senior notes, tender offers, guarantees, and related debt arrangements. These regulatory documents provide formal disclosure on Weatherford’s operating performance, financing activity, governance framework, and public-company obligations.

Rhea-AI Summary

Weatherford International (WFRD) reported lower third-quarter results. Revenue was $1.232 billion, down 13% year over year, with operating income of $178 million versus $243 million a year ago. Net income attributable to Weatherford was $81 million and diluted EPS was $1.12 compared to $2.06. Management cited softer activity across regions and product lines, with Latin America contributing most of the decline.

By segment, DRE revenue fell 20% with segment adjusted EBITDA of $83 million; WCC revenue declined 8% with segment adjusted EBITDA of $125 million; and PRI revenue decreased 12% with segment adjusted EBITDA of $59 million. Cash and cash equivalents were $967 million; long‑term debt (2030 notes) carried at $1.526 billion as of September 30, 2025. Subsequent to quarter-end, the company issued $1.2 billion of 6.75% senior notes due 2033, purchased $893 million of its 2030 notes in a tender, and noticed redemption of a further $407 million. The credit facility was upsized to $1.0 billion, and a $0.25 per share dividend was declared, payable December 4, 2025.

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Weatherford International plc furnished a news release announcing results for the third quarter ended September 30, 2025, and set a conference call for October 22, 2025.

The Company issued a notice of conditional partial redemption for its 8.625% Senior Notes due 2030, covering an aggregate principal amount equal to $407,172,000 less notes tendered after the early tender deadline and before expiration of its tender offer. The redemption price will be 102.156% of principal plus accrued interest, with a redemption date of October 30, 2025. This redemption is conditioned on consummation of the tender offer.

The Board declared a cash dividend of $0.25 per share, payable on December 4, 2025 to shareholders of record as of November 6, 2025. Future dividends remain at the Board’s discretion.

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Weatherford International plc issued senior unsecured notes that bear interest at 6.750% per annum and accrue from October 6, 2025. Interest is payable semiannually in arrears on April 15 and October 15, beginning April 15, 2026. The notes mature on October 15, 2033 unless earlier redeemed or repurchased, and are unconditionally guaranteed on an unsecured basis by Weatherford and certain restricted subsidiaries.

The governing indenture restricts the issuer and restricted subsidiaries in key areas, including granting liens, entering sale-and-leaseback transactions, and completing mergers or consolidations, and contains customary events of default such as missed payments, covenant breaches, acceleration of other indebtedness, and insolvency events. A copy of the indenture is attached as Exhibit 4.1.

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Weatherford International plc announced a tender offer for its outstanding notes under the Offer to Purchase dated September 22, 2025 (as amended). Holders who validly tendered by the Early Tender Deadline and whose notes are accepted will receive $1,023.90 per $1,000 principal amount, which includes an Early Tender Payment of $30.00, plus accrued interest to, but excluding, the expected Early Settlement Date of October 7, 2025. Holders who validly tender after the Early Tender Deadline but by the Expiration Time of October 21, 2025 will be eligible to receive $993.90 per $1,000 principal amount, plus accrued interest to, but excluding, the expected Final Settlement Date of October 23, 2025. The Current Report clarifies timing, consideration levels, and settlement expectations and includes customary forward-looking statement cautions.

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Weatherford entered into a Tenth Amendment to its credit agreement that raises the total committed capacity from $720 million to $1.0 billion, consisting of a $600 million revolver and a $400 million performance letters-of-credit tranche. The amendment extends the maturity to the earlier of September 18, 2030 or, if more than $200 million of Senior Notes or permitted refinancing is outstanding then, 91 days before the stated maturity of those Senior Notes. An accordion feature permits further incremental increases up to $1.15 billion. The amendment also implements unspecified pricing adjustments and provides increased flexibility for strategic projects. The full amendment text is filed as Exhibit 10.1 and governs the complete terms.

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Capital Research Global Investors reports beneficial ownership of 5,574,940 shares of Weatherford International common stock, representing 7.7% of the 72,556,148 shares believed outstanding. The filing states CRGI is a division of Capital Research and Management Company and that the reported shares are held with sole voting and sole dispositive power over those shares. The filing also notes the position is held in the ordinary course of business and not for the purpose of changing or influencing control. SMALLCAP World Fund, Inc. is identified in the filing as an account on whose behalf holdings are reported.

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FAQ

How many Weatherford International plc (WFRD) SEC filings are available on StockTitan?

StockTitan tracks 78 SEC filings for Weatherford International plc (WFRD), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for Weatherford International plc (WFRD)?

The most recent SEC filing for Weatherford International plc (WFRD) was filed on October 22, 2025.