BofA Securities initiated coverage on Weatherford with a new price target
$WFRD
Metal Fabrications
Industrials
BofA Securities initiated coverage of Weatherford with a rating of Buy and set a new price target of $120.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/24/2025 | $69.00 | Strong Buy → Outperform | Raymond James |
| 12/19/2024 | $87.00 | Neutral | Piper Sandler |
| 12/13/2024 | $132.00 → $98.00 | Buy → Neutral | Goldman |
| 5/14/2024 | $155.00 | Buy | Citigroup |
| 2/28/2024 | $135.00 | Overweight | Barclays |
| 11/10/2023 | $120.00 | Buy | BofA Securities |
| 6/7/2023 | $100.00 | Overweight | CapitalOne |
| 5/3/2023 | $100.00 | Strong Buy | Raymond James |
HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") announced today the release of its 2024 Sustainability Report, which highlights the Company's continued progress in advancing environmental, social, and governance ("ESG") practices and showcases recent achievements in sustainability efforts. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, "At Weatherford, sustainability is an integral part of our operations, guiding how we grow and contribute to a better future. As we navigate a rapidly changing world, we recognize our responsibility to lead with purpose, ensuring that the steps we t
HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") today announced Anuj Dhruv has been appointed as Executive Vice President and Chief Financial Officer. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, "I am pleased to welcome Anuj to Weatherford. With fresh perspective and proven expertise, Anuj will enhance our leadership team and help position Weatherford to lead confidently through the next phase of our journey. His experience across multiple industries and leadership roles in finance will help shape Weatherford's focus on delivering high returns for our shareholders. I would like t
First quarter revenue of $1,193 million decreased 12% year-over-yearFirst quarter operating income of $142 million decreased 39% year-over-yearFirst quarter net income of $76 million, a 6.4% margin, decreased 32% year-over-yearFirst quarter adjusted EBITDA* of $253 million, a 21.2% margin, decreased 25%, or 354 basis points, year-over-yearFirst quarter cash provided by operating activities of $142 million and adjusted free cash flow* of $66 millionRepurchased $34 million of 8.625% Senior Notes due 2030 in the first quarter of 2025Shareholder return of $71 million for the quarter, which included dividend payments of $18 million and share repurchases of $53 millionBoard approved quarterly cash
Raymond James downgraded Weatherford from Strong Buy to Outperform and set a new price target of $69.00
Piper Sandler initiated coverage of Weatherford with a rating of Neutral and set a new price target of $87.00
Goldman downgraded Weatherford from Buy to Neutral and set a new price target of $98.00 from $132.00 previously
SC 13G - Weatherford International plc (0001603923) (Subject)
SC 13G/A - Weatherford International plc (0001603923) (Subject)
SC 13G/A - Weatherford International plc (0001603923) (Subject)
First quarter revenue of $1,193 million decreased 12% year-over-yearFirst quarter operating income of $142 million decreased 39% year-over-yearFirst quarter net income of $76 million, a 6.4% margin, decreased 32% year-over-yearFirst quarter adjusted EBITDA* of $253 million, a 21.2% margin, decreased 25%, or 354 basis points, year-over-yearFirst quarter cash provided by operating activities of $142 million and adjusted free cash flow* of $66 millionRepurchased $34 million of 8.625% Senior Notes due 2030 in the first quarter of 2025Shareholder return of $71 million for the quarter, which included dividend payments of $18 million and share repurchases of $53 millionBoard approved quarterly cash
HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, April 23, 2025 to discuss the Company's results for the first quarter ended March 31, 2025. 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 $1,341 million decreased 5% sequentially and 2% year-over-year; full year revenue of $5,513 million increased 7% from prior year, driven by international revenue growth of 10%Fourth quarter operating income of $198 million decreased 19% sequentially and 8% year-over-year; full year operating income of $938 million increased 14% from prior yearFourth quarter net income of $112 million, an 8.4% margin, decreased 29% sequentially and 20% year-over-year; full year net income of $506 million, a 9.2% margin, increased by 21% from prior yearFourth quarter adjusted EBITDA* of $326 million, a 24.3% margin, decreased 8%, or 88 basis points, sequentially and increased 2%, or 7
4 - Weatherford International plc (0001603923) (Issuer)
4 - Weatherford International plc (0001603923) (Issuer)
3 - Weatherford International plc (0001603923) (Issuer)
DEFA14A - Weatherford International plc (0001603923) (Filer)
DEF 14A - Weatherford International plc (0001603923) (Filer)
10-Q - Weatherford International plc (0001603923) (Filer)
4 - Weatherford International plc (0001603923) (Issuer)
HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") today announced Anuj Dhruv has been appointed as Executive Vice President and Chief Financial Officer. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, "I am pleased to welcome Anuj to Weatherford. With fresh perspective and proven expertise, Anuj will enhance our leadership team and help position Weatherford to lead confidently through the next phase of our journey. His experience across multiple industries and leadership roles in finance will help shape Weatherford's focus on delivering high returns for our shareholders. I would like t
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