Weatherford downgraded by Raymond James with a new price target
$WFRD
Oil and Gas Field Machinery
Consumer Discretionary
Raymond James downgraded Weatherford from Strong Buy to Outperform and set a new price target of $69.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/28/2025 | $73.00 | Neutral → Overweight | Piper Sandler |
| 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 |
HOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") today announced it has been awarded a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside Petróleo Operaciones de México, S. de R.L. de C.V. The multi-year contract includes MPD services for an initial 8 wells with the potential to expand to 24 wells. The award reinforces Weatherford's market leadership in high-performance MPD and expands its presence in Mexico's offshore energy sector. As part of the project, Weatherford will deploy its Victus™ intelligent MPD
Second quarter revenue of $1,204 million increased 1% sequentiallySecond quarter operating income of $237 million increased 67% sequentiallySecond quarter net income of $136 million increased 79% sequentially; net income margin of 11.3%Second quarter adjusted EBITDA* of $254 million was flat sequentially; adjusted EBITDA margin* of 21.1% decreased 11 basis points sequentiallySecond quarter cash provided by operating activities of $128 million and adjusted free cash flow* of $79 millionRepurchased $27 million of 8.625% Senior Notes due 2030 in the second quarter of 2025Shareholder return of $52 million for the quarter, which included dividend payments of $18 million and share repurchases of $
HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, July 23, 2025 to discuss the Company's results for the second quarter ended June 30, 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 (whi
SCHEDULE 13G/A - Weatherford International plc (0001603923) (Subject)
10-Q - Weatherford International plc (0001603923) (Filer)
8-K - Weatherford International plc (0001603923) (Filer)
4 - Weatherford International plc (0001603923) (Issuer)
Piper Sandler upgraded Weatherford from Neutral to Overweight and set a new price target of $73.00
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
4 - Weatherford International plc (0001603923) (Issuer)
4 - Weatherford International plc (0001603923) (Issuer)
3 - 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
SC 13G - Weatherford International plc (0001603923) (Subject)
SC 13G/A - Weatherford International plc (0001603923) (Subject)
SC 13G/A - Weatherford International plc (0001603923) (Subject)
Second quarter revenue of $1,204 million increased 1% sequentiallySecond quarter operating income of $237 million increased 67% sequentiallySecond quarter net income of $136 million increased 79% sequentially; net income margin of 11.3%Second quarter adjusted EBITDA* of $254 million was flat sequentially; adjusted EBITDA margin* of 21.1% decreased 11 basis points sequentiallySecond quarter cash provided by operating activities of $128 million and adjusted free cash flow* of $79 millionRepurchased $27 million of 8.625% Senior Notes due 2030 in the second quarter of 2025Shareholder return of $52 million for the quarter, which included dividend payments of $18 million and share repurchases of $
HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, July 23, 2025 to discuss the Company's results for the second quarter ended June 30, 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 (whi
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