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Energy services firm Weatherford's Q3 revenue rises, driven by credit facility expansion, contract awards
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Energy services firm Weatherford's Q3 revenue rises, driven by credit facility expansion, contract awards
Oct 21, 2025 2:07 PM

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:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)

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