Weatherford's Q4 revenue beats estimates

Weatherford International

03/02/2026 21:38

Overview

Energy services firm's Q4 revenue rose 5% sequentially, beating analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations despite a yr/yr decline

Company announced a 10% increase in quarterly cash dividend

Outlook

Weatherford expects soft market conditions in early 2026 with growth opportunities later

Company plans internal initiatives to optimize costs and improve productivity in 2026

Result Drivers

REGIONAL ACTIVITY - Increased activity in Latin America and Middle East/North Africa/Asia contributed to sequential revenue growth

TECHNOLOGY DEPLOYMENT - Successful deployment of new technologies, such as the Xpress XT liner hanger system in Kuwait, supported performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.29 bln
$1.26 bln (8 Analysts)
Q4 Net Income
$138 mln
Q4 Adjusted EBITDA
Beat
$291 mln
$278.38 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 $95.00, about 2.8% above its February 2 closing price of $92.39

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX3dT0Xl

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)