Weatherford Announces First-Quarter 2024 Conference Call

HOUSTON, March 25, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") announced the release of its 2024 Annual Update. The interactive and fully digital report shares the Company's financial results and highlights new technology innovations, achievements, and progress in our strategic focus areas to create long-term value for employees, customers, and shareholders. Girish Saligram, President and Chief Executive Officer, commented, "2024 has been a year of significant milestones for Weatherford, as we set new records in operational performance and strengthened our position as an industry leader. Our strategic acquisitions, relentless focus

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

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

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

4 - Weatherford International plc (0001603923) (Issuer)

4 - Weatherford International plc (0001603923) (Issuer)

4 - Weatherford International plc (0001603923) (Issuer)

SCHEDULE 13G/A - Weatherford International plc (0001603923) (Subject)

SCHEDULE 13G - Weatherford International plc (0001603923) (Subject)

10-K - Weatherford International plc (0001603923) (Filer)

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, 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

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

SC 13G - Weatherford International plc (0001603923) (Subject)

SC 13G/A - Weatherford International plc (0001603923) (Subject)

SC 13G/A - Weatherford International plc (0001603923) (Subject)