HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded a three-year contract for the provision of rigless services as part of the reactivation of ADNOC onshore strings. The project is slated to begin in the fourth quarter of 2024, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC’s onshore assets. The contract leverage ...

Weatherford International plc (NASDAQ: WFRD ) is a global oil and gas services company providing a range of drilling, field engineering and production optimization solutions. Most of the services in this industry are quite complex, and it is typical for a companyI am a full-time investor focusing on high-quality and growth companies. One of my other major areas is stocks with high starting dividends and low valuations. I regularly use EVA framework in addition to the normal accounting metrics. I try to have ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________________________to __________________________________ Commission file number 001-36504 Weatherford International plc (Exact Name of Regi ...

财务数据和关键指标变化 - 第三季度调整后的EBITDA利润率为25.2%，与去年同期相比增长了近200个基点 [5][6] - 第三季度调整后的自由现金流为1.84亿美元，自由现金流转化率为52% [5][15] - 第三季度收入与前一季度持平，同比上升7%，国际收入同比增长9% [5][6] 各条业务线数据和关键指标变化 - 北美收入环比增长6%，主要受加拿大活动增加的推动 [6] - 国际业务环比下降1%，但同比增长9%，中东和北非地区推动了这一增长 [7][54] - 在Oman的综合项目预计将在第四季度继续调整，第一季度将恢复正常 [8] 各个市场数据和关键指标变化 - 沙特阿拉伯年初至今增长29%，中东和北非地区年初至今增长25% [7] - 拉丁美洲的活动延迟影响了整体收入，市场前景仍不明朗 [5][54] 公司战略和发展方向和行业竞争 - 公司致力于保持定价纪律和利润扩张，以推动长期价值创造 [5][6] - 计划在未来三年内实现高达25个基点至75个基点的年利润增长 [13][19] - 公司在数字化和技术创新方面的投资被视为未来增长的关键 [10][72] 管理层对经营环境和未来前景的评论 - 管理层对市场的软化表示关注，预计短期内活动将继续保持谨慎 [4][12] - 尽管市场环境变化，管理层仍对实现约20%的年调整EBITDA增长充满信心 [14][56] 其他重要信息 - 公司在第三季度首次支付每股0.25美元的季度股息，并回购约5000万美元的股票 [9][17] - 公司在数字化领域的收购Datagration增强了其数据整合能力 [10][76] 问答环节所有提问和回答 问题: 关于M&A的未来计划 - 管理层表示目前没有明显的缺口，未来的M&A将是选择性的，重点在于与现有战略的契合 [22][24] 问题: 关于中东和北非的调度变化 - 管理层指出，调度变化主要是项目推迟，而非取消，客户在宏观经济形势不明朗的情况下采取了更谨慎的态度 [28] 问题: 关于拉丁美洲的前景 - 管理层认为拉丁美洲是一个变数，整体市场可能持平或略微下降，但阿根廷的前景相对乐观 [69][70] 问题: 关于数字化产品的增长机会 - 管理层强调数字化能力是未来增长的重要领域，尤其是在成熟油田的生产优化方面 [72][76]

业绩总结 - Q3'24收入为14.09亿美元，环比持平，同比增加7%[5] - 净收入为1.57亿美元，同比增长28%，净收入利润率为11.1%[36] - 调整后EBITDA为3.55亿美元，调整后EBITDA利润率为25.2%[5] - Q3'24服务收入为8.69亿美元，同比增长8%[36] - Q3'24产品收入为5.40亿美元，同比增长6%[36] - Q3'24运营现金流为2.62亿美元[6] 财务健康 - 调整后自由现金流为1.84亿美元，调整后自由现金流转化率为51.7%[36] - 净杠杆率为0.5倍，为15年来最低水平[6] - 净债务为1,648百万美元[72] - 工作资本为1,783百万美元，工作资本占收入的比例为31.3%[68] - 调整后的净营运资本为14.27亿美元，营运资本周转天数减少10天[35] 股东回报 - 股东回报为6800万美元，包括季度分红1800万美元（每股0.25美元）和股票回购5000万美元[5] - 计划每年支付每股1.00美元的分红，并在未来三年内回购5亿美元的股票[15] 未来展望 - 预计Q4'24的调整后EBITDA利润率将保持在约25%[49] 其他信息 - 各业务部门收入分布：WCC占36%，PRI占26%，DRE占31%[21][23] - 市场资本化超过60亿美元[11] - 截至2024年9月30日，Weatherford的净收入为534百万美元，较2023年同期的349百万美元增长53%[77] - 截至2024年9月30日，Weatherford的调整后EBITDA为1,827百万美元，较2023年同期的1,252百万美元增长46%[73] - 截至2024年9月30日，Weatherford的总股东权益为1,356百万美元，较2023年同期的763百万美元增长78%[83]

Weatherford (WFRD) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.85%. A quarter ago, it was expected that this oilfield service company would post earnings of $1.71 per share when it actually produced earnings of $1.66, delivering a surprise of -2.92%.Over the last four quarters, ...

Exhibit 99.1 News Release Weatherford Third Quarter 2024 Results | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | • | Revenues of $1,409 million increased 7% year-over-year | | • | Operating income of $243 million inc ...

Revenues of $1,409 million increased 7% year-over-yearOperating income of $243 million increased 11% year-over-yearNet income of $157 million increased 28% year-over-year; net income margin of 11.1%Adjusted EBITDA* of $355 million increased 16% year-over-year; adjusted EBITDA margin* of 25.2% increased by 197 basis points year-over-yearCash provided by operating activities of $262 million, an increase of $112 million sequentially and $90 million year-over-year; adjusted free cash flow* of $184 million, an i ...

HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") will host a conference call on Wednesday, October 23, 2024 to discuss the Company's results for the third quarter ending September 30, 2024. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). Prior to the conference call, the Company will issue a press release announcing the results and the associated presentation slides will be uploaded to the investor re ...

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced the Company's issuer credit rating has recently been upgraded to 'BB-' from 'B+' by S&P Global Ratings ("S&P"). S&P based the rating upgrade on multiple factors, including improved operating efficiency and debt repayment. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, "The latest S&P credit rating upgrade reflects the significant advance ...