
Weatherford International plc is a prominent energy services enterprise that supplies an extensive range of equipment and specialized services on a global scale. The company supports the full lifecycle of oil, geothermal, and natural gas wells, covering initial drilling, thorough evaluation, well completion, ongoing production, and crucial intervention activities. Its operations are organized into two main geographical divisions: the Western Hemisphere and the Eastern Hemisphere. Weatherford's diverse offerings include numerous artificial lift systems, such as reciprocating rod, progressing…

Weatherford International plc (WFRD) Q2 2026 Earnings Call Transcript

Weatherford International NASDAQ: WFRD reported second-quarter 2026 revenue of $1.105 billion, adjusted EBITDA of $223 million and adjusted free cash flow of $139 million, as management said the oilfield services company held margins steady despite operational disruptions tied to conflict in the Middle East and softer activity in several markets.

Weatherford (WFRD) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.87 per share a year ago.

Second quarter revenue of $1,105 million decreased 4% sequentially Second quarter operating income of $107 million decreased 13% sequentially Second quarter net income of $39 million decreased 64% sequentially; net income margin of 3.5% Second quarter adjusted EBITDA* of $223 million, decreased 4% sequentially; adjusted EBITDA margin* of 20.2% decreased 4 basis points sequentially Second quarter cash provided by operating activities of $175 million and adjusted free cash flow* of $139 million Shareholder return of $36 million for the quarter, which included dividend payments of $20 million and share repurchases of $16 million Announced the acquisition of NCS Multistage (NASDAQ: NCSM) in a stock-and-cash transaction, expanding Weatherford's well completions portfolio Introduced an updated plan to redomesticate from Ireland to Delaware, reflecting continued confidence in the initiative's long-term value creation potential Awarded several Managed Pressure Drilling (“MPD”) contracts from Noble Corporation, Constellation Oil Services and Ventura Offshore Holding Ltd. *Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled HOUSTON, July 21, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the second quarter of 2026.

On July 13, 2026, Weatherford International PLC (WFRD) shares fell 3.9% to $81.09. The stock has experienced significant volatility, trading between $52.33 and