Weatherford International Plc (WFRD)
NASDAQ:WFRD
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Weatherford International
(NASDAQ:WFRD)
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Rating:64Neutral
Price Target:
$105.00
â–²(2.58% Upside)
Action:Reiterated
Date:06/12/26
Overall score is driven primarily by improved profitability and strong free-cash-flow generation, but is held back by recent revenue declines and weak technical momentum (below key moving averages with bearish indicators). Valuation is reasonable, while the latest call and recent events add mixed near-term signals due to guidance pressure and the failed redomestication vote.
Positive Factors
Strong free cash flow
Consistent TTM operating cash flow (~$670M) and healthy free cash flow (~$521M) underpin durable self‑funding for capex, dividends and buybacks. High absolute cash generation improves resilience through oilfield cycles and supports deleveraging and strategic reinvestment over 2–6 months.
Negative Factors
Top-line declines
A choppy, negative top-line trajectory weakens scale and revenue resilience. Continued revenue declines limit operating leverage benefits, raise dependency on margin recovery and contract timing, and leave profitability exposed to upstream capex cycles and regional activity shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow
Consistent TTM operating cash flow (~$670M) and healthy free cash flow (~$521M) underpin durable self‑funding for capex, dividends and buybacks. High absolute cash generation improves resilience through oilfield cycles and supports deleveraging and strategic reinvestment over 2–6 months.
Read all positive factors
Weatherford International (WFRD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$7.26B
Dividend Yield1.25%
Average Volume (3M)1.04M
Price to Earnings (P/E)15.7
Beta (1Y)1.42
Revenue Growth-8.81%
EPS Growth>-0.01%
CountryUS
Employees18,000
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)6.43
Shares Outstanding71,891,400
10 Day Avg. Volume1,004,795
30 Day Avg. Volume1,043,316
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)3.33
Price to Sales (P/S)1.15
P/FCF Ratio12.56
Enterprise Value/Market Cap1.12
Enterprise Value/Revenue1.66
Enterprise Value/Gross Profit3.62
Enterprise Value/Ebitda8.26
Forecast
1Y Price Target
$124.22Price Target Upside21.36% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)5.9
Revenue Forecast (FY)$4.73B
Weatherford International Business Overview & Revenue Model
Company Description
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, co...
How the Company Makes Money
Weatherford makes money primarily by selling oilfield services and related products to oil and gas operators (and, in some cases, other service providers) under customer contracts tied to well construction, well completion, and ongoing production ...
Weatherford International Earnings Call Summary
Earnings Call Date:Apr 21, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 28, 2026
Earnings Call Sentiment Positive
The call presents a generally constructive and optimistic medium- to long-term outlook driven by strong cash generation, improved working capital, a healthy balance sheet, strategic contract wins and technical milestones. Near-term performance is constrained by Q1 seasonality and geopolitical disruptions in the Middle East that produced an estimated $30M–$50M H1 profit impact, higher freight/logistics costs, and weaker sequential revenue guidance for Q2. Management emphasized disciplined capital allocation, portfolio pruning, and confidence in a second-half ramp and robust 2027 prospects.Positive Updates
Solid Q1 Financial Performance
Revenue of $1.152 billion, adjusted EBITDA of $233 million (20.2% margin) and adjusted free cash flow of $85 million in Q1 2026.
Negative Updates
Year-over-Year and Sequential Revenue Declines
Revenue declined 3% year-over-year (driven predominantly by the divestiture of the Argentina pressure pumping business) and was down 11% sequentially, reflecting typical Q1 seasonality and disruptions related to the Iran conflict.
Read all updates
Q1-2026 Updates
Positive
Negative
Solid Q1 Financial Performance
Revenue of $1.152 billion, adjusted EBITDA of $233 million (20.2% margin) and adjusted free cash flow of $85 million in Q1 2026.
Read all positive updates
Company Guidance
Weatherford guided Q2 revenue of $1.017–$1.110 billion, adjusted EBITDA of $195–$220 million and adjusted free cash flow broadly in line with Q1 (~$85 million); for full‑year 2026 management narrowed ranges to revenues of $4.50–$4.95 billion, adjusted EBITDA of $945–$1,075 million, adjusted free‑cash‑flow conversion in the mid‑40% range and an effective tax rate in the low‑ to mid‑20% range. Management reminded listeners of Q1 results of $1.152 billion revenue, $233 million adjusted EBITDA (20.2% margin), $85 million adjusted FCF (36.5% conversion), adjusted net working capital of 27.9% of revenues (improved ~100 bps sequentially), cash and restricted cash of ~$1.05 billion and net leverage well below 0.5x. They noted Q1 CapEx of $54 million (4.7% of revenues) with full‑year CapEx expected in a 3–5% range, returned $30 million to shareholders in Q1 ($20M dividends, $10M repurchases; >$330M returned to date), quantified an estimated Iran‑conflict profit impact of roughly $30–$50 million in H1, and reiterated a through‑cycle free‑cash‑conversion target of 50% plus an anticipated second‑half ramp (international revenues could be up year‑on‑year) assuming Middle East normalization.Weatherford International Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
63
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.88B | 4.92B | 5.51B | 5.13B | 4.33B | 3.65B |
| Gross Profit | 2.24B | 1.07B | 1.91B | 1.74B | 1.31B | 929.00M |
| EBITDA | 981.00M | 970.00M | 1.24B | 1.01B | 697.00M | 357.00M |
| Net Income | 463.00M | 431.00M | 506.00M | 417.00M | 26.00M | -450.00M |
Balance Sheet | ||||||
| Total Assets | 5.08B | 5.20B | 5.16B | 5.07B | 4.72B | 4.77B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01B | 1.04B | 916.00M | 958.00M | 910.00M | 951.00M |
| Total Debt | 1.66B | 1.75B | 1.79B | 2.06B | 2.41B | 2.62B |
| Total Liabilities | 3.33B | 3.50B | 3.88B | 4.15B | 4.17B | 4.28B |
| Stockholders Equity | 1.76B | 1.70B | 1.28B | 924.00M | 535.00M | 472.00M |
Cash Flow | ||||||
| Free Cash Flow | 466.00M | 450.00M | 493.00M | 623.00M | 217.00M | 237.00M |
| Operating Cash Flow | 669.00M | 676.00M | 792.00M | 832.00M | 349.00M | 322.00M |
| Investing Cash Flow | -134.00M | -145.00M | -293.00M | -289.00M | -54.00M | -83.00M |
| Financing Cash Flow | -396.00M | -474.00M | -511.00M | -514.00M | -248.00M | -403.00M |
Weatherford International Technical Analysis
Neutral
102.36
Price Trends
104.19
Negative
99.94
Positive
85.87
Positive
Market Momentum
-1.34
Positive
45.65
Neutral
37.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WFRD, the sentiment is Neutral. The current price of 102.36 is below the 20-day moving average (MA) of 104.91, below the 50-day MA of 104.19, and above the 200-day MA of 85.87, indicating a neutral trend. The MACD of -1.34 indicates Positive momentum. The RSI at 45.65 is Neutral, neither overbought nor oversold. The STOCH value of 37.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for WFRD.
Weatherford International Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $62.98B | 20.06 | 16.84% | 2.04% | 0.20% | 6.96% | |
74 Outperform | $28.15B | 26.17 | 32.54% | 0.44% | 9.44% | 36.97% | |
70 Outperform | $83.72B | 25.48 | 13.46% | 2.98% | -0.53% | -22.59% | |
68 Neutral | $33.22B | 21.52 | 14.67% | 2.41% | -1.72% | -23.60% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | $7.26B | 15.73 | 28.39% | 1.25% | -8.81% | >-0.01% | |
58 Neutral | $7.58B | 82.91 | 1.45% | 3.24% | -1.33% | -84.10% |
* Energy Sector Average
WFRD
Weatherford International
101.31
48.97
93.57%
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Weatherford International Corporate Events
Business Operations and StrategyShareholder Meetings
Weatherford Shareholders Reject Redomestication, Approve Routine Matters
Negative
Jun 11, 2026
On June 11, 2026, Weatherford International held a special court-convened shareholders’ meeting in Ireland followed by its 2026 annual general meeting, with more than 89% and 93% of eligible ordinary shares represented, respectively. Shareho...
M&A TransactionsPrivate Placements and Financing
Weatherford International to Acquire NCS Multistage via Merger
Positive
Jun 1, 2026
On May 31, 2026, Weatherford International plc agreed to acquire NCS Multistage Holdings, Inc. through a merger in which an indirect wholly owned subsidiary of Weatherford will be merged into NCS, leaving NCS as a wholly owned subsidiary. Target s...
Business Operations and StrategyRegulatory Filings and Compliance
Weatherford Plans Redomestication to U.S. Texas Corporation
Neutral
Apr 2, 2026
On April 2, 2026, Weatherford announced plans to reorganize its corporate structure by redomesticating its parent company from Ireland to the U.S. as a Texas corporation, a move that remains contingent on shareholder approval and sanction by the H...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.