OK – A fatal crash early Monday morning claimed the life of a Texas man on Interstate 40 the collision occurred at approximately 3:41 a.m The crash involved a 1999 GMC Suburban driven by 44-year-old Juan Castaneda-Munoz of Amarillo Troopers report that the vehicle veered off the right side of the highway and into a grass ditch Castaneda-Munoz was ejected approximately 20 feet from the vehicle He was pronounced dead at the scene by Weatherford Fire Department personnel His body was transported to the Medical Examiner’s Office in Oklahoma City Officials say the vehicle was equipped with seatbelts but they were not in use at the time of the crash The condition of the driver prior to the collision is unknown The cause of the crash is listed as departing the roadway to the right and RE/MAX Southern Shores announce that Jillian Weatherford has earned the Certified Commercial Investment Member (CCIM) designation which recognizes her as a leader in the commercial and investment real estate industry The CCIM designation is awarded to real estate professionals who have successfully completed advanced coursework compiled a comprehensive portfolio of qualifying experience and passed a rigorous comprehensive exam Fewer than 10% of commercial real estate professionals worldwide hold the CCIM credential making this a significant achievement in Weatherford’s career In addition to her professional accomplishments Weatherford is deeply engaged in the Summerville and greater South Carolina community She serves as president of the ARK of South Carolina Board is an active member of the Rotary Club and is a Paul Harris Fellow She also contributes her expertise as a member of the Summerville Planning Commission Weatherford has also served as a Trustee and Endowment Director for Bethany United Methodist Church Email: online@journalscene.com Your browser is out of date and potentially vulnerable to security risks.We recommend switching to one of the following browsers: Atlantic Investment Management Inc. boosted its position in shares of Weatherford International plc (NASDAQ:WFRD - Free Report) by 55.9% in the fourth quarter according to its most recent filing with the Securities and Exchange Commission (SEC) The firm owned 438,109 shares of the company's stock after acquiring an additional 157,000 shares during the quarter Weatherford International accounts for approximately 15.2% of Atlantic Investment Management Inc.'s investment portfolio owned 0.60% of Weatherford International worth $31,382,000 at the end of the most recent quarter Several other institutional investors also recently bought and sold shares of WFRD Lindbrook Capital LLC lifted its stake in Weatherford International by 130.8% during the fourth quarter Lindbrook Capital LLC now owns 360 shares of the company's stock worth $26,000 after purchasing an additional 204 shares during the last quarter Huntington National Bank boosted its holdings in shares of Weatherford International by 190.4% in the 4th quarter Huntington National Bank now owns 392 shares of the company's stock valued at $28,000 after buying an additional 257 shares in the last quarter purchased a new position in shares of Weatherford International in the 4th quarter valued at $29,000 R Squared Ltd acquired a new stake in Weatherford International during the 4th quarter worth $36,000 Covestor Ltd lifted its position in Weatherford International by 30.1% in the fourth quarter Covestor Ltd now owns 926 shares of the company's stock valued at $66,000 after acquiring an additional 214 shares during the last quarter 97.23% of the stock is owned by institutional investors and hedge funds Several brokerages have issued reports on WFRD Benchmark dropped their price objective on Weatherford International from $140.00 to $125.00 and set a "buy" rating on the stock in a report on Friday Barclays dropped their price target on Weatherford International from $85.00 to $77.00 and set an "overweight" rating on the stock in a research note on Friday Raymond James downgraded Weatherford International from a "strong-buy" rating to an "outperform" rating and decreased their price objective for the company from $73.00 to $69.00 in a report on Thursday Piper Sandler cut their target price on shares of Weatherford International from $80.00 to $62.00 and set a "neutral" rating on the stock in a report on Thursday Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock Weatherford International has a consensus rating of "Moderate Buy" and an average target price of $99.75 View Our Latest Research Report on Weatherford International Weatherford International stock traded down $1.19 during midday trading on Monday 1,147,681 shares of the stock were exchanged compared to its average volume of 1,139,222 Weatherford International plc has a 1 year low of $36.74 and a 1 year high of $135.00 The company has a debt-to-equity ratio of 1.26 a current ratio of 2.01 and a quick ratio of 1.49 The firm has a market cap of $3.16 billion The company has a 50 day moving average price of $48.83 and a two-hundred day moving average price of $65.78 Weatherford International (NASDAQ:WFRD - Get Free Report) last released its quarterly earnings results on Tuesday The company reported $1.03 earnings per share for the quarter topping analysts' consensus estimates of $0.89 by $0.14 The business had revenue of $1.19 billion during the quarter compared to the consensus estimate of $1.21 billion Weatherford International had a net margin of 9.18% and a return on equity of 40.65% sell-side analysts predict that Weatherford International plc will post 5.89 earnings per share for the current fiscal year The firm also recently disclosed a quarterly dividend May 6th will be given a dividend of $0.25 per share This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.30% Weatherford International's dividend payout ratio is presently 16.00% Insiders have sold a total of 43,425 shares of company stock worth $2,916,822 over the last quarter 1.60% of the stock is owned by company insiders Before you consider Weatherford International MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on.. and Weatherford International wasn't on the list While Weatherford International currently has a Moderate Buy rating among analysts top-rated analysts believe these five stocks are better buys View The Five Stocks Here Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools Weatherford senior forward Tate Sage announced his commitment to Iowa men’s basketball on Wednesday Sage announced that he was releasing his National Letter of Intent and flipping to sign with Iowa weeks after former Drake coach Ben McCollum was named the head coach at Iowa in March after going 31-4 in his lone season at Drake Lindenwood and Missouri State before initially signing with Drake in September 2024 Sage was one of Oklahoma’s most productive frontcourt players in the 2024-25 season. He was named to The Oklahoman’s Super 5 third team as a senior after averaging 13.1 points and 5.2 rebounds per game 195-pound forward was also named to The Oklahoman's Class 4A All-Tournament team after averaging 17 points throughout the state tournament to help guide Weatherford to its first-ever state championship in March Pre-order book on Oklahoma HS basketball at 'The Big House' More: Oklahoma Charge, ranked No. 3 in nation, eye title behind former OU volleyball coach Please enable JS and disable any ad blocker Weatherford announced it has signed a strategic memorandum of understanding (MOU) with AIQ the Abu Dhabi-based artificial intelligence (AI) company developing products for the energy sector The partnership aims to increase efficiency in energy production through the use of automation and AI “We are excited to partner with AIQ to bring innovative AI-driven solutions to the oil and gas industry,” said Girish Saligram “This strategic partnership allows us to deliver cutting-edge technologies that empower our customers to maximize their operational efficiency we are leading the way in helping operators modernize their workflows and achieve greater success in today’s rapidly evolving energy landscape.” The collaboration intends to integrate Weatherford’s software and hardware Weatherford and AIQ say they hope to enable operators to optimize production workflows and enhance operational efficiency across global oil and gas facilities “This partnership marks another step in AIQ’s mission to build partnerships that accelerate the deployment of impactful AI systems across the energy value chain,” said Magzhan Kenesbai “By integrating our advanced AI-driven tools with Weatherford’s energy-specific technology we are driving greater efficiencies to the industry through the development of scalable we are set to empower operators to optimize their workflows and achieve unparalleled operational excellence.” The partnership plans to combine AIQ’s AI technology with Weatherford’s Modern Edge providing operators with the ability to scale work processes while ensuring an economic return This integration is designed to allow customers to modernize edge operations and facilitate autonomous production Weatherford’s Universal Normalizer also will work in tandem with AIQ’s capabilities to bring together multiasset data combining operational and financial analysis into a unified data model Weatherford’s WFRD Software Launchpad will present customers with software through a comprehensive industrial software-as-a-service platform The goal of the WFRD Software Launchpad is to eliminate the complexity of managing multiple systems and vendors and provide a single point of access for all Weatherford and partner-built applications the Society of Petroleum Engineers’ flagship magazine presents authoritative briefs and features on technology advancements in exploration and production ISSN: 1944-978X (Online)ISSN: 0149-2136 (Print) We recognise you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore cannot grant you access at this time e-mail us at editor@weatherforddemocrat.com or call us at 817-594-7447 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 President and Chief Executive Officer of Weatherford “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 to thank Arun Mitra for his contributions during his time with Weatherford and wish him the best for the future.” Dhruv brings more than two decades of diverse experience in global finance and transformation roles across the technology he served as Vice President of Finance and Strategy for the Global Olefins and Polyolefins segment at LyondellBasell where he was responsible for driving performance and transformation initiatives across a $29B revenue segment Dhruv’s extensive background includes strategic leadership at Schlumberger and Microsoft with a track record of optimizing financial performance For Investors:Luke LemoineSenior Vice President, Corporate Development & Investor Relations+1 713-836-7777investor.relations@weatherford.com For Media:Kelley HughesSenior Director, Communications & Employee Engagementmedia@weatherford.com Shares of Weatherford International plc (NASDAQ:WFRD - Get Free Report) gapped up before the market opened on Tuesday following insider buying activity Weatherford International shares last traded at $42.64 Several analysts have recently issued reports on the company Barclays decreased their price target on Weatherford International from $85.00 to $77.00 and set an "overweight" rating for the company in a research note on Friday Benchmark dropped their price objective on Weatherford International from $140.00 to $125.00 and set a "buy" rating on the stock in a research note on Friday Piper Sandler dropped their price target on Weatherford International from $80.00 to $62.00 and set a "neutral" rating on the stock in a research report on Thursday Raymond James lowered shares of Weatherford International from a "strong-buy" rating to an "outperform" rating and dropped their target price for the stock from $73.00 to $69.00 in a research report on Thursday Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock the company has a consensus rating of "Moderate Buy" and an average target price of $99.75 View Our Latest Report on Weatherford International The company's fifty day simple moving average is $49.21 and its 200-day simple moving average is $66.25 The stock has a market cap of $3.25 billion a price-to-earnings-growth ratio of 1.65 and a beta of 0.70 a quick ratio of 1.49 and a debt-to-equity ratio of 1.26 Weatherford International (NASDAQ:WFRD - Get Free Report) last announced its quarterly earnings results on Tuesday The company reported $1.03 EPS for the quarter beating the consensus estimate of $0.89 by $0.14 Weatherford International had a return on equity of 40.65% and a net margin of 9.18% The business had revenue of $1.19 billion for the quarter compared to analyst estimates of $1.21 billion sell-side analysts forecast that Weatherford International plc will post 5.89 EPS for the current year The company also recently disclosed a quarterly dividend May 6th will be paid a dividend of $0.25 per share The ex-dividend date of this dividend is Tuesday This represents a $1.00 annualized dividend and a yield of 2.24% Weatherford International's dividend payout ratio is 16.00% A number of institutional investors have recently modified their holdings of the company increased its holdings in Weatherford International by 3.6% during the 4th quarter now owns 7,702,911 shares of the company's stock valued at $551,760,000 after purchasing an additional 270,775 shares in the last quarter Capital Research Global Investors raised its holdings in shares of Weatherford International by 295.9% in the fourth quarter Capital Research Global Investors now owns 5,945,755 shares of the company's stock valued at $425,894,000 after buying an additional 4,443,823 shares during the last quarter lifted its position in Weatherford International by 7.3% during the 4th quarter now owns 4,402,833 shares of the company's stock worth $315,375,000 after buying an additional 298,811 shares in the last quarter FMR LLC grew its holdings in Weatherford International by 1.8% during the 4th quarter FMR LLC now owns 3,638,934 shares of the company's stock worth $260,657,000 after acquiring an additional 65,931 shares during the last quarter Boston Partners increased its position in Weatherford International by 5.5% in the 4th quarter Boston Partners now owns 2,777,128 shares of the company's stock valued at $198,877,000 after acquiring an additional 144,396 shares in the last quarter Institutional investors own 97.23% of the company's stock Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation *Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the first quarter of 2025 Revenues for the first quarter of 2025 were $1,193 million a decrease of 12% year-over-year and 11% sequentially Operating income was $142 million in the first quarter of 2025 compared to $233 million in the first quarter of 2024 and $198 million in the fourth quarter of 2024 Net income in the first quarter of 2025 was $76 million or 188 basis points year-over-year and 32% Basic income per share in the first quarter of 2025 was $1.04 compared to $1.54 in the first quarter of 2024 and $1.54 in the fourth quarter of 2024 Diluted income per share in the first quarter of 2025 was $1.03 compared to $1.50 in the first quarter of 2024 First quarter 2025 cash flows provided by operating activities were $142 million compared to $131 million in the first quarter of 2024 and $249 million in the fourth quarter of 2024 a decrease of $16 million year-over-year and $96 million sequentially Capital expenditures were $77 million in the first quarter of 2025 compared to $59 million in the first quarter of 2024 and $100 million in the fourth quarter of 2024 “The first quarter was marked by significant market softening across key geographies This created headwinds for activity levels but the One Weatherford team continued to focus on the controllable elements of the business driving execution to deliver results inline with expectations the market conditions have skewed more negatively as we continue to navigate uncertainty on customer activity levels stemming from macroeconomic factors our actions remain focused on our North Star of driving adjusted free cash flow and we are further accelerating efficiency and optimization programs to ensure that we are well positioned for any scenario that might unfold in the latter part of the year We believe it to be prudent to scale back our expectations on activity levels through the rest of the year and are focused on minimizing decrementals and improving working capital efficiencies even at a significantly reduced level of customer activity we remain confident in increasing our adjusted free cash flow conversion for the full year 2025 allowing progress on our capital allocation priorities The sale of our Pressure Pumping business in Argentina marks another key milestone in our portfolio optimization strategy to a more capital-efficient model and further builds liquidity to position us well for the upcoming period.” Weatherford paid dividends of $18 million and repurchased shares for approximately $53 million resulting in a total shareholder return of $71 million our Board declared a cash dividend of $0.25 per share of the Company’s ordinary shares First quarter 2025 DRE revenue of $350 million decreased by $72 million primarily from lower Drilling-related services activity in Latin America Europe/Sub-Sahara Africa/Russia and North America partly offset by higher Drilling Services activity in Middle East/North Africa/Asia primarily from lower international activity partly offset by higher Wireline activity in North America First quarter 2025 DRE segment adjusted EBITDA of $74 million decreased by $56 million DRE segment adjusted EBITDA decreased by $22 million First quarter 2025 WCC revenue of $441 million decreased by $17 million primarily from lower activity in North America Latin America and Europe/Sub-Sahara Africa/Russia partly offset by higher activity in Middle East/North Africa/Asia primarily from lower activity across all geographies First quarter 2025 WCC segment adjusted EBITDA of $128 million increased by $8 million primarily from higher activity and fall through in Middle East/North Africa/Asia partly offset by lower activity in North America WCC segment adjusted EBITDA decreased by $20 million First quarter 2025 PRI revenue of $334 million decreased by $14 million as lower international activity was partly offset by higher activity in North America primarily from lower Artificial Lift activity First quarter 2025 PRI segment adjusted EBITDA of $62 million decreased by $11 million partly offset by higher fall through in North America PRI segment adjusted EBITDA decreased by $16 million partly offset by higher fall through from Digital Solutions in North America First quarter 2025 North America revenue of $250 million decreased by $17 million primarily from lower activity in DRE and WCC segments partly offset by higher activity in PRI segment led by Pressure Pumping and Digital Solutions primarily from lower US land and US offshore activity First quarter 2025 international revenue of $943 million decreased 14% year-over-year and decreased 13% sequentially First quarter 2025 Latin America revenue of $241 million decreased by $129 million partly offset by MPD and Pressure Pumping activity Latin America revenue decreased by $71 million partly offset by higher MPD and Completions activity First quarter 2025 Middle East/North Africa/Asia revenue of $503 million increased by $6 million as higher activity from Completions and Drilling Services were partly offset by lower MPD and Integrated Services & Projects activity the Middle East/North Africa/Asia revenue decreased by $39 million primarily from lower activity in all the segments partly offset by higher Integrated Services & Projects and MPD activity First quarter 2025 Europe/Sub-Sahara Africa/Russia revenue of $199 million decreased by $25 million primarily from lower activity across all the segments partly offset by higher Well Services and MPD activity Europe/Sub-Sahara Africa/Russia revenue decreased by $27 million partly offset by higher activity in Drilling Services About WeatherfordWeatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets Operators choose us for strategic solutions that add efficiency and responsibility to any energy operation The Company conducts business in approximately 75 countries and has approximately 18,000 team members representing more than 110 nationalities and 320 operating locations Visit weatherford.com for more information and connect with us on social media Weatherford will host a conference call on Wednesday to discuss the Company’s results for the first quarter ended March 31 The conference call will begin at 8:30 a.m Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call Participants should log in or dial in approximately 10 minutes prior to the start of the call A telephonic replay of the conference call will be available until May 7 please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 6907941 A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website ContactsFor Investors:Luke LemoineSenior Vice President, Corporate Development & Investor Relations+1 713-836-7777investor.relations@weatherford.com For Media:Kelley HughesSenior Director, Communications & Employee Engagementmedia@weatherford.com This news release contains projections and forward-looking statements concerning forecasts or expectations regarding business outlook expectations regarding future financial results and are also generally identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “outlook,” “budget,” “intend,” “strategy,” “plan,” “guidance,” “may,” “should,” “could,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions although not all forward-looking statements contain these identifying words Such statements are based upon the current beliefs of Weatherford’s management and are subject to significant risks Should one or more of these risks or uncertainties materialize actual results may vary materially from those indicated in our forward-looking statements Readers are cautioned that forward-looking statements are only estimates and may differ materially from actual future events or results based on factors including but not limited to: global political weak local economic conditions and international currency fluctuations; general global economic repercussions related to U.S and global inflationary pressures and potential recessionary concerns; various effects from conflicts in the Middle East and the Russia Ukraine conflicts treaties and regulations (including changes in the regulatory environment) imposed by various countries associated operational and logistical challenges and impacts to the overall global energy supply; cybersecurity issues; our ability to comply with social and governance and other sustainability initiatives and future legislative and regulatory measures both globally and in specific geographic regions; the potential for a resurgence of a pandemic in a given geographic area and related disruptions to our business suppliers and other partners; the price and price volatility of oil and natural gas; the macroeconomic outlook for the oil and gas industry; our ability to generate cash flow from operations to fund our operations; our ability to effectively and timely adapt our technology portfolio products and services to remain competitive and to address and participate in changes to the market demands including for the transition to alternate sources of energy such as geothermal carbon capture and responsible abandonment including our digitalization efforts; our ability to effectively execute our capital allocation framework; our ability to return capital to shareholders including those related to the timing and amounts (including any plans or commitments in respect thereof) of any dividends and share repurchases; and the realization of additional cost savings and operational efficiencies These risks and uncertainties are more fully described in Weatherford’s reports and registration statements filed with the Securities and Exchange Commission including the risk factors described in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q you should not place undue reliance on any of the Company’s forward-looking statements Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement and we caution you not to rely on them unduly We report our financial results in accordance with U.S generally accepted accounting principles (GAAP) Weatherford’s management believes that certain non-GAAP financial measures (as defined under the SEC’s Regulation G and Item 10(e) of Regulation S-K) may provide users of this financial information additional meaningful comparisons between current results and results of prior periods and comparisons with peer companies The non-GAAP amounts shown in the following tables should not be considered as substitutes for results reported in accordance with GAAP but should be viewed in addition to the Company’s reported results prepared in accordance with GAAP Adjusted EBITDA* - Adjusted EBITDA* is a non-GAAP measure and represents consolidated income before interest expense Management believes adjusted EBITDA* is useful to assess and understand normalized operating performance and trends Adjusted EBITDA* should be considered in addition to but not as a substitute for consolidated net income and should be viewed in addition to the Company's reported results prepared in accordance with GAAP Adjusted EBITDA margin* - Adjusted EBITDA margin* is a non-GAAP measure which is calculated by dividing consolidated adjusted EBITDA* by consolidated revenues Management believes adjusted EBITDA margin* is useful to assess and understand normalized operating performance and trends Adjusted EBITDA margin* should be considered in addition to but not as a substitute for consolidated net income margin and should be viewed in addition to the Company's reported results prepared in accordance with GAAP Adjusted Free Cash Flow* - Adjusted Free Cash Flow* is a non-GAAP measure and represents cash flows provided by (used in) operating activities less capital expenditures plus proceeds from the disposition of assets Management believes adjusted free cash flow* is useful to understand our performance at generating cash and demonstrates our discipline around the use of cash Adjusted free cash flow* should be considered in addition to but not as a substitute for cash flows provided by operating activities and should be viewed in addition to the Company's reported results prepared in accordance with GAAP Net Debt* - Net Debt* is a non-GAAP measure that is calculated taking short and long-term debt less cash and cash equivalents and restricted cash Management believes the net debt* is useful to assess the level of debt in excess of cash and cash and equivalents as we monitor our ability to repay and service our debt Net debt* should be considered in addition to but not as a substitute for overall debt and total cash and should be viewed in addition to the Company’s results prepared in accordance with GAAP.​ Net Leverage* - Net Leverage* is a non-GAAP measure which is calculated by dividing by taking net debt* divided by adjusted EBITDA* for the trailing 12 months Management believes the net leverage* is useful to understand our ability to repay and service our debt Net leverage* should be considered in addition to but not as a substitute for the individual components of above defined net debt* divided by consolidated net income attributable to Weatherford and should be viewed in addition to the Company’s reported results prepared in accordance with GAAP *Non-GAAP - as defined above and reconciled to the GAAP measures in the section titled GAAP to Non-GAAP Financial Measures Reconciled *Non-GAAP - as reconciled to the GAAP measures above and defined in the section titled Non-GAAP Financial Measures Defined © 2025 Advance Local Media LLC. All rights reserved (About Us) The material on this site may not be reproduced except with the prior written permission of Advance Local Community Rules apply to all content you upload or otherwise submit to this site YouTube's privacy policy is available here and YouTube's terms of service is available here Ad Choices Alden Global Capital LLC boosted its holdings in shares of Weatherford International plc (NASDAQ:WFRD - Free Report) by 113.8% in the 4th quarter according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC) The fund owned 22,268 shares of the company's stock after purchasing an additional 11,855 shares during the period Weatherford International makes up approximately 1.6% of Alden Global Capital LLC's holdings making the stock its 18th biggest position Alden Global Capital LLC's holdings in Weatherford International were worth $1,595,000 as of its most recent SEC filing Several other large investors have also modified their holdings of the stock Lindbrook Capital LLC boosted its stake in Weatherford International by 130.8% in the 4th quarter Lindbrook Capital LLC now owns 360 shares of the company's stock worth $26,000 after purchasing an additional 204 shares during the period Huntington National Bank boosted its holdings in Weatherford International by 190.4% in the fourth quarter Huntington National Bank now owns 392 shares of the company's stock worth $28,000 after purchasing an additional 257 shares in the last quarter acquired a new position in shares of Weatherford International during the 4th quarter valued at about $29,000 R Squared Ltd bought a new position in shares of Weatherford International in the fourth quarter valued at approximately $36,000 Covestor Ltd raised its holdings in Weatherford International by 30.1% in the 4th quarter Covestor Ltd now owns 926 shares of the company's stock worth $66,000 after acquiring an additional 214 shares during the period 97.23% of the stock is owned by institutional investors Weatherford International stock traded down $1.19 during mid-day trading on Monday 1,147,681 shares of the company were exchanged The company has a market capitalization of $3.16 billion Weatherford International plc has a 1-year low of $36.74 and a 1-year high of $135.00 a current ratio of 2.01 and a debt-to-equity ratio of 1.26 The business has a fifty day moving average of $49.21 and a 200 day moving average of $66.07 Weatherford International (NASDAQ:WFRD - Get Free Report) last posted its quarterly earnings results on Tuesday The company reported $1.03 earnings per share (EPS) for the quarter compared to analysts' expectations of $1.21 billion sell-side analysts expect that Weatherford International plc will post 5.89 earnings per share for the current year The company also recently announced a quarterly dividend This represents a $1.00 dividend on an annualized basis and a yield of 2.30% Insiders have sold 43,425 shares of company stock worth $2,916,822 over the last ninety days Insiders own 1.60% of the company's stock WFRD has been the topic of several research analyst reports Barclays lowered their price objective on shares of Weatherford International from $85.00 to $77.00 and set an "overweight" rating on the stock in a research note on Friday Benchmark dropped their price objective on shares of Weatherford International from $140.00 to $125.00 and set a "buy" rating on the stock in a report on Friday Piper Sandler cut their price objective on shares of Weatherford International from $80.00 to $62.00 and set a "neutral" rating for the company in a research report on Thursday Raymond James downgraded Weatherford International from a "strong-buy" rating to an "outperform" rating and decreased their target price for the stock from $73.00 to $69.00 in a research report on Thursday Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock the stock currently has an average rating of "Moderate Buy" and a consensus price target of $99.75 Get Our Latest Stock Analysis on Weatherford International MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued Enter your email address and below to see which companies made the list 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector This partnership is set to bring transformative efficiency to energy production The collaboration aims to integrate Weatherford's world-class software and hardware solutions Weatherford and AIQ will enable operators to optimize their production workflows and significantly enhance operational efficiency across global oil and gas facilities AI-driven solutions to the oil and gas industry This strategic partnership allows us to deliver cutting-edge technologies that empower our customers to maximize their operational efficiency “This partnership marks another step in AIQ’s mission to build partnerships that accelerate the deployment of impactful AI systems across the energy value chain By integrating our advanced AI-driven tools with Weatherford's energy-specific technology Key Highlights of the Strategic Partnership: Weatherford and AIQ will enable the energy sector to unlock unprecedented efficiencies This partnership is a significant step forward in Weatherford’s commitment to delivering cutting-edge solutions that empower operators to succeed in an increasingly competitive and data-driven industry Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment The Company conducts business in approximately 75 countries and has approximately 19,000 team members representing more than 110 nationalities and 330 operating locations ContactsFor Investors:Luke LemoineSenior Vice President Corporate Development & Investor Relations+1 713-836-7777investor.relations@weatherford.com Communications & Employee Engagementmedia@weatherford.com For media enquiries, please contact: aiq.communications@aiqintelligence.ai Please select what you would like included for printing: Copy the text below and then paste that into your favorite email application Donald Wayne “Foots” Weatherford of South Boston VA to the late James Edward Weatherford and the late Mary Lydia Barksdale Weatherford He was of the Methodist Faith and enjoyed playing Santa Claus during the Christmas season Donald worked as a truck driver with Wilson Transport Service  Donald Wayne “Foots” Weatherford is survived by: Brian Scott Weatherford and Christy Slayton  A memorial graveside service will be held on Saturday at  Asbury United Methodist Church Cemetery with the Rev  Online condolences may be directed to www.powellfuneralinc.com  Arrangements entrusted to Powell Funeral Home Enter your phone number above to have directions sent via text This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply Service map data © OpenStreetMap contributors Wells Fargo & Company MN lowered its stake in Weatherford International plc (NASDAQ:WFRD - Free Report) by 72.0% during the fourth quarter according to its most recent 13F filing with the Securities and Exchange Commission The institutional investor owned 10,823 shares of the company's stock after selling 27,812 shares during the quarter Wells Fargo & Company MN's holdings in Weatherford International were worth $775,000 as of its most recent filing with the Securities and Exchange Commission Other hedge funds have also made changes to their positions in the company Lindbrook Capital LLC increased its stake in shares of Weatherford International by 130.8% in the fourth quarter Huntington National Bank boosted its stake in Weatherford International by 190.4% in the 4th quarter acquired a new stake in shares of Weatherford International during the 4th quarter worth about $29,000 R Squared Ltd acquired a new position in shares of Weatherford International in the 4th quarter worth approximately $36,000 lifted its position in Weatherford International by 643.0% during the 4th quarter now owns 1,278 shares of the company's stock worth $92,000 after buying an additional 1,106 shares in the last quarter Hedge funds and other institutional investors own 97.23% of the company's stock A number of equities analysts have issued reports on the stock Benchmark reduced their price objective on shares of Weatherford International from $140.00 to $125.00 and set a "buy" rating on the stock in a research note on Friday Raymond James cut shares of Weatherford International from a "strong-buy" rating to an "outperform" rating and cut their price objective for the company from $73.00 to $69.00 in a research report on Thursday Barclays lowered their price objective on shares of Weatherford International from $85.00 to $77.00 and set an "overweight" rating on the stock in a report on Friday Piper Sandler dropped their target price on Weatherford International from $80.00 to $62.00 and set a "neutral" rating on the stock in a report on Thursday Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock the company has an average rating of "Moderate Buy" and a consensus target price of $99.75 Get Our Latest Analysis on Weatherford International NASDAQ:WFRD traded down $1.19 during trading hours on Monday The stock had a trading volume of 1,147,681 shares Weatherford International plc has a one year low of $36.74 and a one year high of $135.00 The firm has a market capitalization of $3.16 billion The company has a 50 day simple moving average of $49.21 and a two-hundred day simple moving average of $66.07 Weatherford International (NASDAQ:WFRD - Get Free Report) last announced its quarterly earnings data on Tuesday beating analysts' consensus estimates of $0.89 by $0.14 The company had revenue of $1.19 billion during the quarter Research analysts forecast that Weatherford International plc will post 5.89 earnings per share for the current fiscal year The business also recently declared a quarterly dividend May 6th will be issued a dividend of $0.25 per share Weatherford International's payout ratio is presently 16.00% Insiders sold 43,425 shares of company stock valued at $2,916,822 over the last 90 days Company insiders own 1.60% of the company's stock (KOKH) — Some Weatherford residents say they feel blindsided by city leaders after crews tore down a decades-old gazebo The downtown structure hosted many local events and it's home to historical bricks that honor community members Mayor Mike Brown tells Fox 25 the bricks and time capsule aren’t going anywhere says he had no idea the gazebo was going to be torn down I saw the caution tape that was around the gazebo He says city leaders took down more than just a gazebo A lot of people back in the mid-90s bought into the Centennial Park Robby has a personal connection to the McPhetridge Centennial Park at Broadway and Main Why was that decision made without being brought up or discussed in any of the commission meetings?" "It was in the paper a month ago," Mayor Brown said I had a stack of papers from the past month Whether or not people realized that the gazebo was coming down It’s had yellow tape around it for the last month so if somebody was wondering they probably should’ve asked a question then One of our city commissioners walked up and down Main Street and asked business owners what their thoughts were prior to us picking this spot a Route 66 astronaut statue will take the gazebo’s place He says the city received a $1 million grant from the Oklahoma Department of Commerce’s Route 66 committee to fund signage "I thought it’d be an opportunity to generate more people in this area and hopefully they spend a little money while they’re down here We had a gazebo that was maybe around 25-30 years old It's still McPhetridge Centennial Park We thought it was good opportunity to not only talk about the centennial for the city but also the centennial of Route 66." Robby says he understands Weatherford needs to grow but he also wishes this was done differently "Why take away from that park and what it meant when there's empty lots right there on Main Street that are for sale but we've also got to think about the past.” Mayor Brown says he apologizes to people who are sentimental about the gazebo He says the new statue should be up before 2026 which is just in time for the 100th anniversary of Route 66 IOWA CITY — Class of 2025 high school prospect Tate Sage has flipped his from Drake to Iowa basketball and is committed to the Hawkeyes Sage, who made the decision before ever having been to Iowa City had enough trust in Iowa head coach Ben McCollum and company to follow their move with a level of blind faith that doesn’t seem to worry me at all," Sage told the Register "I just want to go play for coach McCollum and play with them After losing in the state championship game two seasons in a row Sage helped Weatherford High School win a 4A state title as a senior “I would say it was a different level of hunger," Sage said of the determination to finally break through in the state title "There was this humongous itch that we felt like we needed to scratch and it was always on my mind because I’d go out in public and people would say comments about it We just knew we had to get to the final and we couldn’t lose it again.” More: Class 4A boys basketball: Weatherford defeats Crossings Christian to win first state title really," Sage said of why he wanted to go to Drake "I really wanted to play for coach McCollum and coach Bryston (Williams) (McCollum's) history and just seeing how much he wins games just makes me want to go play for him After a 31-4 overall season that garnered attention on the national stage McCollum left Drake for the head coaching job at Iowa That move opened the door for Sage to join McCollum in the Big Ten an opportunity that he jumped at when it was presented Sage said of his skillset: “I would say I’m versatile which used to be my one strength but I feel like I’ve expanded my game to different levels I would like to say I’m a three-level scorer And recently one thing I’ve wanted to focus on is my defense So I would consider myself a three-level scorer and a good defender.” Here are some highlights from Sage in 2023: Iowa is relying heavily on the transfer portal to rebuild its roster ahead of McCollum's first season But it has also dipped into the high school ranks Sage becomes the second high school prospect to commit to Iowa's 2025 recruiting class since the hiring of McCollum West Des Moines Valley star Trevin Jirak flipped from Northern Iowa to the Hawkeyes Basketball helped Valley to three consecutive state titles from 2023 to 2025 Though Sage hasn't played for McCollum yet he continues a recent movement of those associated with Drake to join the Hawkeyes Five former Bulldog players have transferred to Iowa the reigning Missouri Valley Conference Player of the Year Multiple staff members have followed McCollum from Drake to Iowa Sage continues the trend of loyalty to McCollum as part of the 2025 high school recruiting class Beyond the five Drake transfers and two incoming freshmen Iowa landed commitments from Brendan Hausen (Kansas State) and Álvaro Folgueiras (Robert Morris) Hausen is a career 39.1% 3-point shooter and Folgueiras is the reigning Horizon League Player of the Year McCollum was also able to retain legacy Hawkeye Cooper Koch who has four seasons of college eligibility remaining after having a medical hardship waiver approved The addition of Sage puts Iowa's projected scholarship count for the 2025-26 roster at 10 Follow Tyler Tachman on X @Tyler_T15 Weatherford International plc said it has signed a strategic memorandum of understanding (MoU) with Abu Dhabi-based artificial intelligence firm AIQ The collaboration aims to integrate Weatherford's software and hardware solutions with AIQ's AI-driven systems The combination will enable operators to “optimize their production workflows and significantly enhance operational efficiency across global oil and gas facilities,” the company added Weatherford President and CEO Girish Saligram said “We are excited to partner with AIQ to bring innovative we are leading the way in helping operators modernize their workflows and achieve greater success in today’s rapidly evolving energy landscape” “This partnership marks another step in AIQ’s mission to build partnerships that accelerate the deployment of impactful AI systems across the energy value chain By integrating our advanced AI-driven tools with Weatherford's energy-specific technology and achieve unparalleled operational excellence” Weatherford’s Universal Normalizer will work with AIQ’s capabilities to harmonize multi-asset data combining operational and financial analysis into a unified The combination will “drive smarter decision-making and streamline operations across facilities,” the company said Weatherford appointed Anuj Dhruv as Chief Financial Officer of the company “I am pleased to welcome Anuj to Weatherford 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 to thank Arun Mitra for his contributions during his time with Weatherford and wish him the best for the future” he served as vice president of finance and strategy for the Global Olefins and Polyolefins segment at LyondellBasell and transformation initiatives across a $29 billion revenue segment Dhruv’s background includes strategic leadership at Schlumberger and Microsoft Weatherford describes itself as a company delivering innovative energy services that integrate proven technologies with advanced digitalization to create sustainable it conducts business in approximately 75 countries and has approximately 19,000 team members representing more than 110 nationalities and 330 operating locations A graveside service will be conducted Monday 2024 at 2:00 PM at Polk Memorial Gardens with Rev The family suggest memorials may be made online to Place of Hope at placeofhopetn.com Online condolences may be extended at www.oakesandnichols.com he was the son of Tina Martin Weatherford and Dennis Weatherford John was a 2007 graduate of Columbia Central High School John was a member of Pleasant Heights Baptist Church.  and Daniel Weatherford; maternal grandmother Tyler and Trenton Weatherford; several cousins; and friends of the Recovery Center in Lawrenceburg.  He was preceded in death by his maternal grandfather Alfred Martin Sr.; and paternal grandparents A revered old-school drive-in malt shop that's been open since the 1950s has been saved: The Malt Shop was rescued from the brink of closure by a new ownership team who are giving it the lifeline it deserves "Who would not want to save that place," Hart says "It was a competition who got to it fastest We wanted to keep it here in the county and keep it open." The menu will largely keep the same food and drinks customers have come to know and love Hart notes that they will modernize the burgers a bit and add a few menu items that fit with current trends started it as a gift to their wives before heading to war It has since been passed down through generations and is one of the last few remaining old-school drive-ins in the U.S Hart and Allen have been working to update the space housed in its signature pale pink building: paint and added parking in an effort to “bring this place back to life." They'll have continuity since Harrison will remain at the shop in the role of general manager evening and Sunday hours are also making a comeback "We're securing a family area underneath the awning for families with small kids so they're protected and don't run onto the parking lot and a picnic area where you might be able to come on a late summer night for a movie or a sock hop," Hart says "If we don't invest into this generation now and teach them this legacy will be gone when we're gone." There’s a new Nashville chicken restaurant now open in Mansfield: Called 2 Neighbors Southern Chicken it opened in March in the Broad Street Shopping Center at 2751 E where it's serving an authentic version from a family with first-hand knowledge Owner Carlonda Marshall is a native of Nashville who's getting some backup from her mother "We grew up on Nashville fried chicken that would be our Friday night meal," Marshall says Mansfield is a second location: Marshall opened the first 2 Neighbors in 2017 in Cedar Hill, before relocating to the Grow DeSoto Market Place in 2020, where it’s still open today. (They also briefly opened a burgers and shakes concept next door in the marketplace The new Mansfield location has fast-casual service Fans can buy hats and T-shirts with the restaurant's design The menu at Mansfield is similar to DeSoto location but with a bigger focus on Southern fried chicken Customers can get plain fried chicken or the spicier Nashville-style Prices range from $8.50 for nuggets to $14 for catfish & fries The only thing they're not doing at Mansfield is sandwiches a twist on the classic Kentucky butter cake a moist pound cake with a butter and sugar syrup and a vanilla glazed crust The center where they're located has a healthy mix of shops and restaurants. They took over a space that was previously occupied by another chicken place called Chick'n Cone now closed; but Marshall is upbeat about the area "Just looking in the Mansfield area and seeing all the growth there we decided it’s kind of booming over there,” she says "We're so busy in Mansfield right now we're getting a lot of walk-in traffic." Come experience the heart of cowboy country where warm hospitality meets unforgettable adventure Whether you’re savoring a mouthwatering meal or exploring the area’s rich western heritage Weatherford offers a unique blend of culture From arts and culture to scenic sunsets as warm as the people this is a place where every moment captures the spirit of Texas with fascinating landmarks around every corner The Doss Heritage and Culture Center offers a beautifully curated experience that preserves and showcases the stories of Parker County visitors can pay their respects at the grave of Oliver Loving Car enthusiasts will also appreciate the Vintage Car Museum located just a block from the historic 1885 Parker County Courthouse Nature lovers and outdoor enthusiasts will find plenty to explore in Weatherford Stroll through the lush and tranquil Chandor Gardens Quanah Hill offers exhilarating mountain biking trails while Lake Weatherford provides the perfect setting for fishing or hiking Love Street Park features popular pickleball courts and the scenic Town Creek Hike & Bike Trail—stretching over four miles—offers a perfect way to experience Weatherford’s natural beauty Discover Weatherford’s distinct shopping experience with its eclectic mix of boutiques where locally owned shops reflect the creativity and character of the community Don’t miss Teskey’s Saddle Shop a renowned name in the equine industry that exemplifies quality craftsmanship and western heritage Whether you’re in the mood for an elegant steak dinner or a laid-back burger by the lake Weatherford’s diverse dining scene delivers plan a romantic dinner on the historic square or explore casual eateries with Texas flair Weatherford is a destination for culinary enjoyment Celebrate Weatherford’s proud western roots during the annual Frontier Days and PRCA Rodeo This weeklong event features nightly rodeo performances and kicks off with an old-fashioned street dance and live musical entertainment—offering fun and excitement for the entire family Weatherford is famous for producing some of the state’s juiciest and most flavorful peaches the city welcomes more than 35,000 visitors for the Parker County Peach Festival Head to Weatherford on July 12 for this vibrant one-day celebration featuring peach-themed delights such as homemade ice cream Celebrate Independence Day with Weatherford’s Spark in the Park all leading up to a breathtaking fireworks display that lights up the Texas sky in grand fashion Whether you’re drawn by the rich history Weatherford offers a one-of-a-kind experience for visitors of all ages Come and see for yourself—your next great Texas adventure starts here the decomposed remains of a woman were found in wooded area behind a truck stop near I-20 in Weatherford Investigators believe she died from a self-inflicted gunshot wound white or beige panties and a blue and white windsuit She also had a large blue shoulder bag with expensive prescription beige glasses a long brown wig and a bottle of mineral water Investigators determined she was between 35 and 55 year-old and had $30,000-$35,000 worth of extensive dental work including gold foil fillings with porcelain veneers her identity could not be determined and she became known as Weatherford Jane Doe Details of the woman’s case were entered into the National Missing and Unidentified Persons System (NamUs) as UP3572 retired Deputy Chief Greg Lance encouraged Lieutenant Johnny Qualls and the Cold Case Unit to reexamine the case with modern forensic DNA technology Crowder at the Tarrant County Medical Examiner’s Office the team decided to explore forensic genetic genealogy a method that has helped identify unknown individuals in numerous cold cases the Weatherford Police Department and the Tarrant County Medical Examiner's Office sent forensic evidence to Othram's laboratory in The Woodlands Texas in hopes that advanced DNA testing could help identify the woman Othram scientists produced a suitable DNA extract from the remains A comprehensive DNA profile was then developed for the woman using Forensic-Grade Genome Sequencing® Othram's forensic genetic genealogy team then conducted a genealogical search that resulted in new leads The follow-up investigation led investigators to potential relatives of the woman A reference DNA sample from a possible relative was compared to the DNA profile of the unknown woman leading to the positive identification of the woman who is now known to be Nellie Faye Gillespie She had called her son informing him she was planning on going to Arizona but was never heard from again The identification of Nellie Gillespie is the 18th case in Texas where officials have publicly identified an individual using technology developed by Othram. Visit DNASolves to learn about other Texas cases *Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the fourth quarter of 2024 and full year 2024 Revenues for the fourth quarter of 2024 were $1,341 million a decrease of 5% sequentially and 2% year-over-year Operating income was $198 million in the fourth quarter of 2024 compared to $243 million in the third quarter of 2024 and $216 million in the fourth quarter of 2023 Net income in the fourth quarter of 2024 was $112 million Basic income per share in the fourth quarter of 2024 was $1.54 compared to $2.14 in the third quarter of 2024 and $1.94 in the fourth quarter of 2023 Diluted income per share in the fourth quarter of 2024 was $1.50 compared to $2.06 in the third quarter of 2024 and $1.90 in the fourth quarter of 2023 Fourth quarter 2024 cash flows provided by operating activities were $249 million compared to $262 million in the third quarter of 2024 and $375 million in the fourth quarter of 2023 Capital expenditures were $100 million in the fourth quarter of 2024 compared to $78 million in the third quarter of 2024 and $67 million in the fourth quarter of 2023 Revenue for the full year 2024 was $5,513 million compared to revenues of $5,135 million in 2023 Operating income for the full year was $938 million The Company’s full year 2024 net income was $506 million Full year cash flows provided by operations were $792 million Adjusted free cash flow* for the full year was $524 million compared to $651 million in 2023 Capital expenditures for the full year 2024 were $299 million “The fourth quarter witnessed a significant drop in activity levels in Latin America and a more cautious tone in a few key geographies Despite a challenging environment in the fourth quarter the overall full year 2024 was another one of setting new operational highs and I would like to express my gratitude to the One Weatherford team for that We ended the year with the best safety record we have ever had strong margin expansion and solid cash generation While the activity outlook continues to evolve margins and cash flow performance continue to be the cornerstone of our financial and strategic objectives We are well-positioned to deliver another year of strong cash flow generation in 2025 While there is some temporary activity reduction we continue to believe in the industry’s mid to long-term resilience and remain committed to our goal of achieving EBITDA margins in the high 20’s over the next few years.” at the annual IKTVA forum held at Dahan Dharan Expo Weatherford signed an agreement with SPARK a fully integrated industrial ecosystem aimed at making Saudi Arabia a global energy hub Weatherford demonstrates its commitment to economic growth and to supporting Saudi Arabia’s leadership in energy innovation Weatherford repurchased shares for approximately $49 million and paid dividends of $18 million resulting in total shareholder return of $67 million Since the inception of the shareholder return program introduced earlier in 2024 the Company repurchased shares for approximately $99 million and paid dividends of $36 million resulting in total shareholder return of $135 million to shareholders of record as of February 21 Fourth quarter 2024 DRE revenue of $398 million decreased by $37 million primarily from lower activity in Latin America partly offset by higher international Wireline activity Year-over-year DRE revenues increased by $16 million primarily from higher activity in North America and higher international Wireline activity partly offset by lower activity in Latin America Fourth quarter 2024 DRE segment adjusted EBITDA of $96 million decreased by $15 million primarily driven by lower activity in Latin America Year-over-year DRE segment adjusted EBITDA decreased by $1 million primarily due to lower activity in Latin America partly offset by improved performance in Middle East/North Africa/Asia Full year 2024 DRE revenues of $1,682 million increased by $146 million as higher Wireline and Drilling-related services activity were partly offset by lower Drilling Services in Latin America Full year 2024 DRE segment adjusted EBITDA of $467 million increased by $45 million as higher MPD and Wireline activity were partly offset by lower activity in Latin America Fourth quarter 2024 WCC revenue of $505 million decreased by $4 million primarily due to lower activity in Europe/Sub-Sahara Africa/Russia partly offset by higher Completions and TRS activity in Middle East/North Africa/Asia Year-over-year WCC revenues increased by $25 million primarily due to higher activity in Middle East/North Africa/Asia and higher Liner Hangers and Well Services activity in Latin America Fourth quarter 2024 WCC segment adjusted EBITDA of $148 million decreased by $3 million Year-over-year WCC segment adjusted EBITDA increased by $17 million primarily due to higher activity in Middle East/North Africa/Asia partly offset by lower activity in Europe/Sub-Sahara Africa/Russia Full year 2024 WCC revenues of $1,976 million increased by $176 million primarily from higher activity in Middle East/North Africa/Asia and Latin America Full year 2024 WCC segment adjusted EBITDA of $564 million increased by $109 million primarily due to improved fall through in major product lines across all geographies Fourth quarter 2024 PRI revenue of $364 million decreased by $7 million primarily due to lower activity in Latin America and lower Intervention Services and Drilling Tools (ISDT) activity in Europe/Sub-Sahara Africa/Russia and North America Year-over-year PRI revenue decreased by $22 million as lower activity in Middle East/North Africa/Asia and Latin America was partly offset by higher Artificial Lift activity in North America Fourth quarter 2024 PRI segment adjusted EBITDA of $78 million primarily from lower activity in Latin America and lower ISDT activity in Europe/Sub-Sahara Africa/Russia and North America partly offset by higher Artificial Lift activity in Middle East/North Africa/Asia Year-over-year PRI segment adjusted EBITDA decreased by $10 million primarily due to lower activity in Latin America and Europe/Sub-Sahara Africa/Russia partly offset by better ISDT and Artificial Lift fall through in North America Full year 2024 PRI revenues of $1,452 million decreased by $20 million primarily due to lower international Pressure Pumping and Digital Solutions activity partly offset by higher ISDT activity in Europe/Sub-Sahara Africa/Russia and Middle East/North Africa/Asia Full year 2024 PRI segment adjusted EBITDA of $319 million decreased by $4 million as lower activity in international Pressure Pumping and Digital Solutions was partly offset by improved performance in Artificial Lift Fourth quarter 2024 North America revenue of $261 million decreased by $5 million primarily due to activity decreases in the North and South regions partly offset by activity increase offshore in the Gulf of Mexico primarily from higher Artificial Lift and Wireline activity partly offset by a decrease in activity across the WCC segment Full year 2024 North America revenue of $1,046 million decreased by $22 million primarily due to lower activity in the WCC and PRI segments Fourth quarter 2024 international revenue of $1,080 million decreased 6% sequentially and decreased 3% year-over-year and full year 2024 international revenue of $4,467 million increased 10% Fourth quarter 2024 Latin America revenue of $312 million decreased by $46 million primarily due to lower Drilling-related Services partly offset by higher Liner Hangers activity Latin America revenue decreased by $30 million primarily due to lower activity in the DRE and PRI segments partly offset by higher activity in Liner Hangers and Well Services Full year 2024 Latin America revenue of $1,393 million was largely flat Fourth quarter 2024 revenue of $542 million in Middle East/North Africa/Asia was flat sequentially as higher activity from Completions and Artificial Lift were largely offset by lower MPD and Integrated Services & Projects the Middle East/North Africa/Asia revenue decreased by $5 million primarily due to lower activity in the PRI segment partly offset by higher Drilling-related services and Completions activity Full year 2024 revenue of $2,123 million in Middle East/North Africa/Asia increased by $308 million mainly due to increased activity in the DRE and WCC segments partly offset by lower activity in Digital Solutions Fourth quarter 2024 Europe/Sub-Sahara Africa/Russia revenue of $226 million decreased by $17 million mainly driven by lower Completions and ISDT activity Year-over-year Europe/Sub-Sahara Africa/Russia revenue was largely flat due to increased activity in the DRE segment largely offset by lower activity in the WCC and PRI segments Full year 2024 Europe/Sub-Sahara Africa/Russia revenue of $951 million increased by $86 million due to increased activity in the DRE and WCC segments partly offset by lower Pressure Pumping and Artificial Lift activity Weatherford will host a conference call on Thursday to discuss the Company’s results for the fourth quarter ended December 31 A telephonic replay of the conference call will be available until February 20 please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 9530137 ContactsFor Investors:Luke LemoineSenior Vice President, Corporate Development & Investor Relations+1 713-836-7777investor.relations@weatherford.com For Media:Kelley HughesSenior Director, Communications & Employee Engagementmedia@weatherford.com the Company’s quarterly and full-year revenues Readers are cautioned that forward-looking statements are only predictions and may differ materially from actual future events or results based on factors including but not limited to: global political disturbances changes in global trade policies and tariffs and global inflationary pressures and potential recessionary concerns; various effects from conflicts in the Middle East and the Russia Ukraine conflict treaties and regulations imposed by various countries Adjusted EBITDA Margin* - Adjusted EBITDA margin* is a non-GAAP measure which is calculated by dividing consolidated adjusted EBITDA* by consolidated revenues Elisabeth is survived by her children: Doyle Miner and Jessica (Jason) Cole; grandchildren: Whitney Please visit Elisabeth's online guestbook at www.sykesfuneralhome.com and share a memory with the family.  We have the address for the funeral home & the family on file If you're not happy with your card we'll send a replacement or refund your money The family of Christen Nicole Weatherford created this Life Tributes page to make it easy to share your memories 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 and progress in our strategic focus areas to create long-term value for employees “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 and commitment to safety and quality have laid the foundation for continued growth and success in the years ahead.” Visit our 2024 Annual Update at weatherfordannualupdate.com ContactKelley HughesWeatherford Corporate Communicationsmedia@weatherford.com 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday 2025 to discuss the Company’s results for the first quarter ended March 31 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 Luke LemoineWeatherford Investor Relations+1 713-836-7777investor.relations@weatherford.com Fort Worth's favorite entertainment heavyweight Taylor Sheridan is throwing a country music concert at his ranch in Weatherford. The creator of modern Western shows Yellowstone and Landman is hosting Bosque Ranch Live, an all-day event at Bosque Ranch that'll take place on September 13, with acts such as Drayton Farley The event will be exclusive, limited to 500 attendees. Tickets range from $500 for general admission and a Bosque Ranch hat to $1,500 for a more exclusive experience featuring breakfast and a meal from Hurtado BBQ with RV parking The three performers booked so far will be familiar to fans of Sheridan's work, as each has had their music featured in his shows including Yellowstone, Landman, and Tulsa King. Country music from emerging talents has long been a staple in Sheridan’s shows; big name country star Zach Bryan even performed on an episode of Yellowstone While the concert is the only one announced "My career is built on the art of storytelling," Sheridan tellsBillboard "And nowhere is the storytelling tradition more alive than in country music My hope is that Bosque Ranch Live is a space where these stories can come to life and sets the stage for more events like it to come." Rising pop star Benson Boone will capitalize on his breakout year in 2024 with the upcoming American Heart arena tour which will include a stop at Dickies Arena in Fort Worth on Saturday Fresh off his debut performance on Saturday Night Live Boone will embark on a huge 30-city North American tour Boone will also perform in Houston on September 18 and Austin on September 19 The tour will be in support of his sophomore album That album is a quick turnaround from his 2024 debut album which went platinum and rose to as high as No Boone garnered a big number of award nominations and wins in 2024 and 2025, including a nomination for Best New Artist at the 2025 Grammy Awards, at which he showed off his now-signature flip while singing his hit song Ticket sales for the tour will start with an Amex Presale for American Express Card Members on Wednesday A special fan presale takes place on Thursday, May 8 from 2-10pm on Ticketmaster.com with unlock code: BEAUTIFUL Benson Boone 2025 American Heart North American Tour Dates KY @ Bourbon & Beyond Music FestivalSept