Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. ("Wes") Johnson as president of Ascent Tubular, effective December 4, 2023. Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies. Most recently, he served as the senior vice president and global general manager of Corrpro, a subsidiary of Aegion Corporation that offers total corrosion solutions to the energy, Department of Defense, municipal, and marine markets. While at Corrpro, Mr. Johnso

HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) --  Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") has appointed Arun Mitra as the Company's Executive Vice President and Chief Financial Officer. Mr. Mitra's appointment is effective immediately. Before joining Weatherford, Mr. Mitra served as the Executive Vice President and Chief Financial Officer of Mitsubishi Power Americas Inc., a leader in power generation and energy storage solutions. Serving in this role since 2014, Mr. Mitra led the organization's profitable growth in the Americas region as a leading Power Generation OEM and its expansion into energy storage solutions, renewable development and Hydrogen infr

HIGHLIGHTS Three new US based directors appointed to the BoardMs Patricia Mishic O'Brien, Mr H. Keith Jennings, and Mr Graham van't Hoff appointed Non-Executive DirectorsKey appointments to help steward the Company to its aspiration of becoming a globally significant US based producer of boron and lithium advanced materialsMs Mishic O'Brien brings over 25 years' experience in Chief Commercial Officer and Chief Marketing Officer roles in global specialties and advanced materials businessesMr H. Keith Jennings brings over 30 years of global finance experience across pharmaceuticals, genomics, chemicals, fuels and energy industriesMr van't Hoff had a 35 year career with Royal Dutch Shell PLC f

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 infrastructure, and industrial, consumer, and engineered products. Mr. Davison joins Weatherford from Strike, LLC., where he served as President and CEO. Prior to that, he was the Chief Operating Officer for Oceaneering International for over two years. Girish Saligram, Weatherford President and Chief Executiv

Third Circuit Court of Appeals Overturns Lower Court Decision to Appoint Custodian to Oversee Company; Rules that Majority of In-Office Directors "Shall" Fill the Board Vacancy CEO Vernon W. Hill Resigns Special Meeting of Shareholders to Be Cancelled Republic First Bancorp, Inc. (NASDAQ:FRBK) (the "Company") today announced that yesterday, Benjamin C. Duster, IV was appointed as an independent member of the Board of Directors (the "Board"), effective immediately. Mr. Duster's appointment follows the United States Court of Appeals for the Third Circuit (the "Third Circuit") reversing the decision of the United States District Court for the Eastern District of Pennsylvania, which appoint

Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood") announced today that Angela A. Minas and Clay C. Williams have been appointed to serve on the Board of Directors of its general partner effective January 1, 2022. "I am pleased to welcome Angela and Clay to the Crestwood Board of Directors. Both of these highly regarded individuals bring a wealth of U.S. and global industry experience and perspective to our boardroom that will greatly benefit Crestwood as we navigate the dynamic energy industry and take advantage of opportunities to continue building a leading midstream infrastructure company," said Robert G. Phillips, Chairman, President and Chief Executive Officer of Crestwood's gene

Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc.  (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC

Benchmark analyst Kurt Hallead reiterates Weatherford International (NASDAQ:WFRD) with a Buy and maintains $155 price target.

Weatherford International (NASDAQ:WFRD) reported quarterly earnings of $1.66 per share which missed the analyst consensus estimate of $1.74 by 4.6 percent. This is a 48.21 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $1.41 billion which missed the analyst consensus estimate of $1.42 billion by 1.06 percent. This is a 10.28 percent increase over sales of $1.27 billion the same period last year.

Throughout the last three months, 8 analysts have evaluated Weatherford International (NASDAQ:WFRD), offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 4 3 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $156.88, a high estimate of $184.00, and a low estimate of $145.00. This upward trend is apparent, with the

B of A Securities analyst Saurabh Pant maintains Weatherford International (NASDAQ:WFRD) with a Buy and raises the price target from $145 to $150.

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 investor relations section of the Weatherford website. Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registe

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 increase of $88 million sequentially and $47 million year-over-yearReceived credit rating upgrade from S&P Global Ratings to ‘BB-' with positive outlook, and from Fitch to ‘BB-' with stable

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 relations section of the Weatherford website. Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in

HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") today announced the acquisition of Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry's most capable and contemporary digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio. The integration of Weatherford's digital offering with Datagration's unified data models creates a powerful solution for surveillance, optimization, and decision-making across the

Revenues of $1,405 million increased 3.5% sequentially and 10% year-over-year, driven by international revenue growth of 6% sequentially and 14% year-over-yearOperating income of $264 million increased 13% sequentially and 31% year-over-yearNet income of $125 million increased 12% sequentially and 52% year-over-year; net income margin of 8.9%Adjusted EBITDA* of $365 million increased 9% sequentially and 25% year-over-year; adjusted EBITDA margin* of 26.0% increased by 124 basis points sequentially and by 314 basis points year-over-yearCash provided by operating activities of $150 million; adjusted free cash flow* of $96 millionIntroduced the Company's first-ever shareholder return program wi

HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, July 24, 2024 to discuss the Company's results for the second quarter ended June 30, 2024. 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 announcing the results and the associated presentation slides will be uploaded to the investor relations section of the Weatherford website. Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (whi

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow* of $82 millionDebt repayments of $167 million on our 6.50% Senior Secured Notes in the first quarter of 2024Issued notice to redeem the remaining $82 million of our 6.5% Senior Secured Notes, leaving only

HOUSTON, March 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, April 24, 2024 to discuss the Company's results for the first quarter ended March 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 investor relations section of the Weatherford website. Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (w

Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of 26%Fourth quarter operating income of $216 million decreased 1% sequentially and increased 28% year-over-year; full year operating income of $820 million, increased 99% from prior yearFourth quarter net income of $140 million, a 10.3% margin, increased 14% sequentially and increased 94% year-over-year; full year net income of $417 million, an 8.1% margin, increased by 1,504% from prior yearFourth quarter adjusted EBITDA* of $321 million, a 23.6% margin, increased 5% and 34 basis points sequenti

HOUSTON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, February 7, 2024 to discuss the Company's results for the fourth quarter and full year ended December 31, 2023. 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 announcing the results and the associated presentation slides will be uploaded to the investor relations section of the Weatherford website. Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by regist

Citigroup initiated coverage of Weatherford with a rating of Buy and set a new price target of $155.00

Barclays initiated coverage of Weatherford with a rating of Overweight and set a new price target of $135.00

BofA Securities initiated coverage of Weatherford with a rating of Buy and set a new price target of $120.00

CapitalOne initiated coverage of Weatherford with a rating of Overweight and set a new price target of $100.00

Raymond James initiated coverage of Weatherford with a rating of Strong Buy and set a new price target of $100.00

The Benchmark Company initiated coverage of Weatherford with a rating of Buy and set a new price target of $88.00

Evercore ISI resumed coverage of Weatherford with a rating of Outperform and set a new price target of $53.00

Deutsche Bank initiated coverage of Weatherford with a rating of Buy and set a new price target of $49.00

Goldman initiated coverage of Weatherford with a rating of Buy and set a new price target of $43.00

The Benchmark Company initiated coverage of Weatherford with a rating of Buy and set a new price target of $46.00

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4 - Weatherford International plc (0001603923) (Issuer)