Overview
* Weatherford Q3 revenue rose 2% sequentially, beating analyst expectations
* Adjusted EBITDA for Q3 increased 6% sequentially, beating analyst estimates
* Net income for Q3 decreased 40% sequentially
Outlook
* Weatherford expects muted activity in early 2026 but positive mid-to-long-term outlook
* Company remains on track to meet full-year 2025 guidance
* Latin America collections impact adjusted free cash flow projections
Result Drivers
* CREDIT FACILITY EXPANSION - Weatherford expanded its credit facility by $280 mln
* TECHNOLOGY INNOVATION - Launch of Industrial Intelligence Digital Portfolio to enhance energy operations through AI and automation
* CONTRACT AWARDS - Secured multiple contracts, including a $147 mln contract with Petrobras for deepwater services
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat $1.23 $1.17
Revenue bln bln (8
Analysts
)
Q3 Net $81 mln
Income
Q3 Beat $269 mln $253.91
Adjusted mln (7
EBITDA Analysts
)
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the oil related services and equipment peer group is "buy"
* Wall Street's median 12-month price target for Weatherford International PLC ( WFRD ) is $75.50, about 14% above its October 20 closing price of $64.92
* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)