Exhibit 99.1 News Release Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance • First quarter revenue of $1,358 million increased 15$233 million increased 26% year-over-year • First quarter net income of $112 million, an 8.2$336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis ...