WFRD
Weatherford International plc (NASDAQ: WFRD) reported mixed results for the second quarter of 2026 with...
Article Summary
HOLD- Weatherford International plc (NASDAQ: WFRD) reported mixed results for the second quarter of 2026 with revenue down 4% sequentially, operating income down 55% year-over-year, and net income down sharply, with margins falling sharply across multiple segments.
- Cash flow improved significantly, with free cash flow up sharply and adjusted EBITDA up sharply.
- Despite the Middle East conflict affecting operations, Weatherford International maintained strong operational resilience and continued strong free-cash-flow performance.
- While the outlook for the full year has been slightly reduced, management maintained confidence in the company's ability to return to pre-conflict levels.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -8.8% | 25% | 0.0 ptsDeclining (-8.8%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 7.6% | 25% | 20.0 ptsWeak (7.6%) - Low expectations |
| Target Price Upside ? | 44.2% | 20% | 95.0 ptsHuge Upside (44.2%) - Target: $120.18 vs Current: $83.32 |
| Gross Margin % ? | 29.5% | 15% | 40.0 ptsModerate (29.5%) - Adequate margins |
| Drawdown from 52-Wk High ? | -26.4% | 15% | 80.0 ptsSolid Dip (-26.4%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About WFRD
- 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 through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.
- It offers managed pressure drilling; directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; open-hole and cased-hole logging services; wireline and drilling fluids; and intervention and remediation services.
- The company also provides tubular handling, management, and connection services; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; completion tools, such as safety valves, production packers, downhole reservoir monitoring, flow control, isolation packers, multistage fracturing systems and sand-control technologies; liner hangers to suspend a casing string in high-temperature and high-pressure wells; and well Services.
- In addition, it offers re-entry, fishing, and well abandonment services, as well as patented downhole tools, tubular-handling equipment, pressure-control equipment, and drill pipe and tubulars; artificial lift systems, including reciprocating rod, progressing cavity pumping, and related automation and control systems, as well as gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; and software, automation and flow measurement solutions.
- Further, it provides electrical and hydraulic power transmission to subsea equipment; and pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention.
- The company was incorporated in 1972 and is based in Houston, Texas.