Oilfield services provider Weatherford International beats Q2 revenue expectations

Weatherford International

22/07/2025 21:46

Overview

Weatherford International Q2 revenue of $1.204 bln beats analyst expectations, per LSEG data

Operating income rises 67% sequentially, net income up 79% sequentially

Adjusted EBITDA flat sequentially but beats analyst estimates, per LSEG data

Outlook

Weatherford anticipates flat revenue trajectory for immediate future  amid sluggish market activity

oilfield services provider sees delayed broader sector recovery expectations

Weatherford focuses on driving free cash flow through cost efficiencies

Company cites geopolitical events and trade uncertainties as market challenges

Result Drivers

OPERATIONAL EFFICIENCY - CEO attributes strong sequential performance to disciplined execution and operational efficiency despite market challenges

DIGITAL PARTNERSHIP - Agreement with Amazon Web Services to modernize digital platforms aims to enhance operational efficiency

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.20 bln
$1.17 bln (6 Analysts)
Q2 EPS
$1.87
Q2 Net Income
$136 mln
Q2 Adjusted EBITDA
Beat
$254 mln
$249.10 mln (5 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "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 is $69.00, about 22.5% above its July 21 closing price of $53.45

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX8JJnZz

(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.)