News & Videos - WEATHERFORD INTL. PLC IRELAND

Logan Finance Corporation is proud to announce the addition of Dave Weatherford as Sales Director. DALLAS, TX / ACCESSWIRE / December 18, 2023 / Logan Finance Corporation is proud to announce the addition of Dave Weatherford as Sales Director. Dave will be an integral contributor to Logan's continuing expansion. Dave Weatherford Dave Weatherford Logan Finance Sales Director "Logan has experienced tremendous growth this year, and Dave's industry leadership and Non-QM experience will be a valuable...

Weatherford and Kwantis to Deliver Data-Driven Drilling Performance Management with Advanced Analytics PR Newswire HOUSTON, Oct. 13, 2022 HOUSTON , Oct. 13, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") announces entering into a strategic agreement with Kwantis, a leading advanced drilling analytics company. This agreement will strengthen the Weatherford Centro™ well construction optimization platform with multi-well benchmarking and...

Weatherford Announces Third-Quarter 2022 Conference Call PR Newswire HOUSTON, Oct. 3, 2022 HOUSTON , Oct. 3, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") will host a conference call on Wednesday, October 26, 2022 to discuss the Company's results for the third quarter ended September 30, 2022 . The conference call will begin at 10:00 a.m. Eastern Time ( 09:00 a.m. Central Time ). Prior to the conference call, the Company will issue a press...

Weatherford Appoints Executive Vice President of Operational Excellence PR Newswire HOUSTON, Oct. 3, 2022 HOUSTON , Oct. 3, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") has appointed Charles "Chuck" Davison, Jr. as Executive Vice President of Operational Excellence, effective September 30, 2022 . Mr. Davison brings 25 years of experience in growing and transforming international technology-focused businesses in oil and gas services, energy...

ADNOC Awards Weatherford Over $400 Million to Provide Drilling Services PR Newswire HOUSTON, Sept. 12, 2022 HOUSTON , Sept. 12, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") received a five-year framework agreement from Abu Dhabi National Oil Company ("ADNOC") to provide directional drilling and logging-while-drilling services. The contract is currently valued at over $400 million and ADNOC has an option to extend the contract for an...

Weatherford Announces Second Quarter 2022 Results and Raises Full-Year Outlook PR Newswire HOUSTON, July 27, 2022 Full-year revenue outlook increased to mid-teens growth year-over-year Second quarter revenues of $1,064 million increased 13% sequentially, led by strong international growth of 14% Operating income was $104 million , compared to $18 million in the first quarter of 2022 and adjusted EBITDA [1] was $186 million or a 17.5% adjusted EBITDA margin, a sequential increase of 23%, a 140...

Weatherford International plc Announces Redemption of $50 million principal amount of its 11.0% senior notes due December 1, 2024 PR Newswire HOUSTON, July 11, 2022 HOUSTON , July 11, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today announced it intends to use cash on hand to redeem $50 million principal amount of its 11.0% senior notes due December 1, 2024 on August 10, 2022 (the "Unsecured Notes"). Girish Saligram , President and Chief...

Weatherford Announces Second-Quarter 2022 Conference Call PR Newswire HOUSTON, July 5, 2022 HOUSTON , July 5, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") will host a conference call on Thursday, July 28, 2022 to discuss the Company's results for the second quarter ended June 30, 2022 . The conference call will begin at 9:00 a.m. Eastern Time ( 8:00 a.m. Central Time ). Prior to the conference call, the Company will issue a press release...

Weatherford joins Russell 3000® Index PR Newswire HOUSTON, June 24, 2022 HOUSTON , June 24, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford ," the "Company," "we," "us," and "our") announced today it has been added as a member of the broad-market Russell 3000 ® Index, effective after the US market opens on June 27, 2022 as part of the 2022 Russell indexes annual reconstitution. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May...

Weatherford Releases 2021 Sustainability Report PR Newswire HOUSTON, May 25, 2022 HOUSTON , May 25, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford ," the "Company," "we," "us," and "our") announced today the release of its inaugural Sustainability Report, which details its strategic approach to advancing environmental, social, and governance ("ESG") objectives and highlights its recent accomplishments. Sustainable operations have always been at the core of how...

Weatherford Announces Executive Leadership Changes PR Newswire HOUSTON, May 16, 2022 HOUSTON , May 16, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") announced today that H. Keith Jennings , Executive Vice President and Chief Financial Officer, will leave the Company effective July 31, 2022 . His leaving the Company is not the result of any dispute or disagreement regarding the Company's accounting or financial practices, statements,...

Weatherford Announces First Quarter 2022 Results PR Newswire HOUSTON, April 27, 2022 Revenues of $938 million increased 13% year-over-year Operating income totaled $18 million and adjusted EBITDA [1] totaled $151 million , or 16% adjusted EBITDA margins representing increases of 238%, 48% and 380 basis points year-over-year respectively Cash used in operating activities was $64 million and negative free cash flow [1] was $64 million mainly driven by working capital requirements Innovation focus...

Weatherford Announces First-Quarter 2022 Conference Call PR Newswire HOUSTON, March 30, 2022 HOUSTON , March 30, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") will host a conference call on Thursday, April 28, 2022 to discuss the Company's results for the fiscal quarter ended March 31, 2022 . The conference call will begin at 9:00 a.m. Eastern Time ( 8:00 a.m. Central Time ). Prior to the conference call, the Company will issue a press...

Weatherford Announces Update on Russia Operations PR Newswire HOUSTON, March 20, 2022 HOUSTON , March 20, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today announced the following update to its Russia operations. Girish Saligram , President and Chief Executive Officer, commented, "Our deepest sympathies go out to all those impacted by the ongoing crisis in Ukraine and sincerely hope that peace is restored soon to spare further hardship....

Weatherford Releases 2021 Annual Report PR Newswire HOUSTON, March 17, 2022 HOUSTON , March 17, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") announced the release of its 2021 Annual Report. The interactive and fully digital report shares the Company's 2021 financial results, strategic focus areas, achievements, and priorities for the future. The 2021 Annual Report shares the shaping of a new Weatherford , evolving from a turnaround story to...

Weatherford Wins OTC Asia Spotlight on New Technology Award for the Memory Raptor™ Cased-Hole Evaluation System PR Newswire HOUSTON, March 17, 2022 HOUSTON , March 17, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced that its Memory Raptor cased-hole evaluation system won an Offshore Technology Conference Asia (OTC Asia) Spotlight on New Technology award for OTC Asia 2022 Exhibitors. The Memory Raptor cased-hole evaluation system...

Weatherford Announces Fourth Quarter and Full Year 2021 Results - Revenues of $965 million in the fourth quarter increased 15% year-over-year, full year revenue of $3.65 billion, 1% down from prior year - Operating income in the fourth quarter totaled $33 million and adjusted EBITDA[1] totaled $154 million, or 16% adjusted EBITDA margins; full year operating income of $116 million and adjusted EBITDA of $571 million, or 16% adjusted EBITDA margins - Cash provided by operating activities in the...

Weatherford Reportable Segment Change PR Newswire HOUSTON, Feb. 9, 2022 HOUSTON , Feb. 9, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") announced today a segment recast by quarter for the full year 2020 and through the third quarter of 2021. Effective the fourth quarter of 2021, Weatherford realigned its reporting structure to three product line segments (1) Drilling and Evaluation (2) Well Construction and Completions, and (3) Production...

Weatherford Announces Fourth-Quarter and Full-Year 2021 Conference Call PR Newswire HOUSTON, Jan. 18, 2022 HOUSTON , Jan. 18, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") will host a conference call on Thursday, February 17, 2022 to discuss the Company's results for the fourth quarter and full year ending December 31, 2021 . The conference call will begin at 9:00 a.m. Eastern Time ( 8:00 a.m. Central Time ). Prior to the conference call,...

Weatherford Announces Upgrade in Credit Rating To 'B-' From 'CCC+', Outlook Stable PR Newswire HOUSTON, Dec. 13, 2021 HOUSTON , Dec. 13, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today announced the Company's issuer credit rating has recently been upgraded to 'B-' from 'CCC+' by S&P Global Ratings ("S&P"). S&P based the rating upgrade in part on the results of the recently completed series of refinancing and debt repayment transactions...