Weatherford International Plc (WFRD)
NASDAQ:WFRD
Want to see WFRD full AI Analyst Report?
Top Page
Weatherford International
(NASDAQ:WFRD)
Select Model
Select Model
Rating:65Neutral
Price Target:
$111.00
â–²(8.44% Upside)
Action:Downgraded
Date:06/02/26
The score is driven primarily by improved profitability and strong free-cash-flow generation, alongside a meaningfully better leverage profile versus prior years. Offsetting this are recent revenue declines and near-term operational/geopolitical headwinds reflected in Q2 guidance, while technicals are mixed and valuation appears reasonable but not especially cheap.
Positive Factors
Free Cash Flow Strength
Consistent TTM operating cash flow (~$670M) and healthy FCF (~$521M) provide durable internal funding for capex, dividends, buybacks and debt paydown. Strong cash conversion underpins capital allocation flexibility and cushions the business through oilfield services cycles.
Negative Factors
Top-line Declines
Revenue contraction across 2025 and the TTM signals persistent top-line weakness. Reduced scale pressures operating leverage, constrains reinvestment and increases reliance on margin and cost improvements to sustain earnings, making growth recovery a medium-term execution challenge.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
Consistent TTM operating cash flow (~$670M) and healthy FCF (~$521M) provide durable internal funding for capex, dividends, buybacks and debt paydown. Strong cash conversion underpins capital allocation flexibility and cushions the business through oilfield services cycles.
Read all positive factors
Weatherford International (WFRD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$6.99B
Dividend Yield1.25%
Average Volume (3M)1.12M
Price to Earnings (P/E)15.1
Beta (1Y)1.40
Revenue Growth-8.81%
EPS Growth>-0.01%
CountryUS
Employees18,000
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)6.43
Shares Outstanding71,891,400
10 Day Avg. Volume1,067,485
30 Day Avg. Volume1,117,667
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)3.33
Price to Sales (P/S)1.15
P/FCF Ratio12.56
Enterprise Value/Market Cap1.16
Enterprise Value/Revenue1.66
Enterprise Value/Gross Profit3.62
Enterprise Value/Ebitda8.26
Forecast
1Y Price Target
$124.22Price Target Upside21.36% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)5.9
Revenue Forecast (FY)$4.73B
Weatherford International Business Overview & Revenue Model
Company Description
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates in two segm...
How the Company Makes Money
Weatherford makes money primarily by selling oilfield services and related products to oil and gas operators (and, in some cases, other service providers) under customer contracts tied to well construction, well completion, and ongoing production ...
Weatherford International Earnings Call Summary
Earnings Call Date:Apr 21, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 28, 2026
Earnings Call Sentiment Positive
The call presents a generally constructive and optimistic medium- to long-term outlook driven by strong cash generation, improved working capital, a healthy balance sheet, strategic contract wins and technical milestones. Near-term performance is constrained by Q1 seasonality and geopolitical disruptions in the Middle East that produced an estimated $30M–$50M H1 profit impact, higher freight/logistics costs, and weaker sequential revenue guidance for Q2. Management emphasized disciplined capital allocation, portfolio pruning, and confidence in a second-half ramp and robust 2027 prospects.Positive Updates
Solid Q1 Financial Performance
Revenue of $1.152 billion, adjusted EBITDA of $233 million (20.2% margin) and adjusted free cash flow of $85 million in Q1 2026.
Negative Updates
Year-over-Year and Sequential Revenue Declines
Revenue declined 3% year-over-year (driven predominantly by the divestiture of the Argentina pressure pumping business) and was down 11% sequentially, reflecting typical Q1 seasonality and disruptions related to the Iran conflict.
Read all updates
Q1-2026 Updates
Positive
Negative
Solid Q1 Financial Performance
Revenue of $1.152 billion, adjusted EBITDA of $233 million (20.2% margin) and adjusted free cash flow of $85 million in Q1 2026.
Read all positive updates
Company Guidance
Weatherford guided Q2 revenue of $1.017–$1.110 billion, adjusted EBITDA of $195–$220 million and adjusted free cash flow broadly in line with Q1 (~$85 million); for full‑year 2026 management narrowed ranges to revenues of $4.50–$4.95 billion, adjusted EBITDA of $945–$1,075 million, adjusted free‑cash‑flow conversion in the mid‑40% range and an effective tax rate in the low‑ to mid‑20% range. Management reminded listeners of Q1 results of $1.152 billion revenue, $233 million adjusted EBITDA (20.2% margin), $85 million adjusted FCF (36.5% conversion), adjusted net working capital of 27.9% of revenues (improved ~100 bps sequentially), cash and restricted cash of ~$1.05 billion and net leverage well below 0.5x. They noted Q1 CapEx of $54 million (4.7% of revenues) with full‑year CapEx expected in a 3–5% range, returned $30 million to shareholders in Q1 ($20M dividends, $10M repurchases; >$330M returned to date), quantified an estimated Iran‑conflict profit impact of roughly $30–$50 million in H1, and reiterated a through‑cycle free‑cash‑conversion target of 50% plus an anticipated second‑half ramp (international revenues could be up year‑on‑year) assuming Middle East normalization.Weatherford International Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
63
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.88B | 4.92B | 5.51B | 5.13B | 4.33B | 3.65B |
| Gross Profit | 2.24B | 1.07B | 1.91B | 1.74B | 1.31B | 929.00M |
| EBITDA | 981.00M | 970.00M | 1.24B | 1.01B | 697.00M | 357.00M |
| Net Income | 463.00M | 431.00M | 506.00M | 417.00M | 26.00M | -450.00M |
Balance Sheet | ||||||
| Total Assets | 5.08B | 5.20B | 5.16B | 5.07B | 4.72B | 4.77B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01B | 1.04B | 916.00M | 958.00M | 910.00M | 951.00M |
| Total Debt | 1.66B | 1.75B | 1.79B | 2.06B | 2.41B | 2.62B |
| Total Liabilities | 3.33B | 3.50B | 3.88B | 4.15B | 4.17B | 4.28B |
| Stockholders Equity | 1.76B | 1.70B | 1.28B | 924.00M | 535.00M | 472.00M |
Cash Flow | ||||||
| Free Cash Flow | 466.00M | 450.00M | 493.00M | 623.00M | 217.00M | 237.00M |
| Operating Cash Flow | 669.00M | 676.00M | 792.00M | 832.00M | 349.00M | 322.00M |
| Investing Cash Flow | -134.00M | -145.00M | -293.00M | -289.00M | -54.00M | -83.00M |
| Financing Cash Flow | -396.00M | -474.00M | -511.00M | -514.00M | -248.00M | -403.00M |
Weatherford International Technical Analysis
Negative
102.36
Price Trends
103.54
Negative
99.13
Negative
84.83
Positive
Market Momentum
-0.76
Positive
33.05
Neutral
26.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WFRD, the sentiment is Negative. The current price of 102.36 is below the 20-day moving average (MA) of 106.20, below the 50-day MA of 103.54, and above the 200-day MA of 84.83, indicating a neutral trend. The MACD of -0.76 indicates Positive momentum. The RSI at 33.05 is Neutral, neither overbought nor oversold. The STOCH value of 26.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WFRD.
Weatherford International Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $62.09B | 19.89 | 16.84% | 2.04% | 0.20% | 6.96% | |
74 Outperform | $26.64B | 24.70 | 32.54% | 0.44% | 9.44% | 36.97% | |
70 Outperform | $82.03B | 24.89 | 13.46% | 2.98% | -0.53% | -22.59% | |
68 Neutral | $32.73B | 21.29 | 14.67% | 2.41% | -1.72% | -23.60% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | $6.99B | 15.09 | 28.39% | 1.25% | -8.81% | >-0.01% | |
58 Neutral | $7.23B | 79.03 | 1.45% | 3.24% | -1.33% | -84.10% |
* Energy Sector Average
WFRD
Weatherford International
97.17
48.54
99.81%
BKR
Baker Hughes Company
62.59
24.91
66.11%
FTI
TechnipFMC
66.82
34.71
108.09%
HAL
Halliburton
39.18
18.66
90.91%
NOV
NOV
20.14
7.61
60.75%
SLB
Schlumberger
54.87
21.66
65.21%
Weatherford International Corporate Events
M&A TransactionsPrivate Placements and Financing
Weatherford International to Acquire NCS Multistage via Merger
Positive
Jun 1, 2026
On May 31, 2026, Weatherford International plc agreed to acquire NCS Multistage Holdings, Inc. through a merger in which an indirect wholly owned subsidiary of Weatherford will be merged into NCS, leaving NCS as a wholly owned subsidiary. Target s...
Business Operations and StrategyRegulatory Filings and Compliance
Weatherford Plans Redomestication to U.S. Texas Corporation
Neutral
Apr 2, 2026
On April 2, 2026, Weatherford announced plans to reorganize its corporate structure by redomesticating its parent company from Ireland to the U.S. as a Texas corporation, a move that remains contingent on shareholder approval and sanction by the H...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.