Exhibit 99.1 News Release Weatherford Announces Second Quarter 2024 Results and Shareholder Return Program • Revenues of $1,405 million increased 3.5% sequentially and 10% year-over-year, driven by international revenue growth of 6% sequentially and 14% year-over-year • Operating income of $264 million increased 13% sequentially and 31% year-over-year • Net income of $125 million increased 12% sequentially and 52% year-over-year; net income margin of 8.9% • Adjusted EBITDA* of $365 million increased 9% sequ ...