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Weatherford Announces Fourth-Quarter and Full-Year 2024 Conference Call
GlobeNewswire News Room· 2024-11-22 21:30
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. 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 ...
Weatherford Secures Three-Year Contract with ADNOC
GlobeNewswire News Room· 2024-11-07 21:30
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. The contract leverage ...
Weatherford: Q3 Shows A Very Mixed Picture
Seeking Alpha· 2024-10-26 08:30
Weatherford International plc (NASDAQ: WFRD ) is a global oil and gas services company providing a range of drilling, field engineering and production optimization solutions. Most of the services in this industry are quite complex, and it is typical for a companyI am a full-time investor focusing on high-quality and growth companies. One of my other major areas is stocks with high starting dividends and low valuations. I regularly use EVA framework in addition to the normal accounting metrics. I try to have ...
Weatherford International(WFRD) - 2024 Q3 - Quarterly Report
2024-10-23 20:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________________________to __________________________________ Commission file number 001-36504 Weatherford International plc (Exact Name of Regi ...
Weatherford International(WFRD) - 2024 Q3 - Earnings Call Transcript
2024-10-23 15:34
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 Oper ...
Weatherford International(WFRD) - 2024 Q3 - Earnings Call Presentation
2024-10-23 12:27
> INVESTOR PRESENTATION Q3'24 WEATHERFORD INTERNATIONAL PLC 2 Weatherford International Plc. DISCLAIMER This presentation contains projections and forward-looking statements concerning, among other things, the Company's quarterly and full-year revenues, adjusted EBITDA*, adjusted EBITDA margin*, adjusted free cash flow*, net leverage*, shareholder return program, forecasts or expectations regarding business outlook, prospects for its operations, capital expenditures, expectations regarding future financial ...
Weatherford (WFRD) Surpasses Q3 Earnings Estimates
ZACKS· 2024-10-22 22:50
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.85%. A quarter ago, it was expected that this oilfield service company would post earnings of $1.71 per share when it actually produced earnings of $1.66, delivering a surprise of -2.92%.Over the last four quarters, ...
Weatherford International(WFRD) - 2024 Q3 - Quarterly Results
2024-10-22 20:32
Exhibit 99.1 News Release Weatherford Third Quarter 2024 Results | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | • | Revenues of $1,409 million increased 7% year-over-year | | • | Operating income of $243 million inc ...
Weatherford Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-22 20:30
Revenues of $1,409 million increased 7% year-over-yearOperating income of $243 million increased 11% year-over-yearNet 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-yearCash 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 i ...
Weatherford Announces Third-Quarter 2024 Conference Call
GlobeNewswire News Room· 2024-09-17 20:30
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. 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 re ...