Weatherford International PLC (NASDAQ:WFRD – Get Free Report) declared a quarterly dividend on Tuesday, October 20th. Shareholders of record on Friday, November 6th will be given a dividend of $0.2750 per share on Thursday, December 3rd. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, November 6th.
Weatherford International Stock Up 6.6%
Shares of Weatherford International stock traded up $5.23 during trading hours on Wednesday, reaching $84.57. The company’s stock had a trading volume of 667,387 shares, compared to its average volume of 1,223,805. The company has a market capitalization of $6.05 billion, a P/E ratio of 16.66, a P/E/G ratio of 1.41 and a beta of 1.05. The stock’s fifty day simple moving average is $86.00 and its two-hundred day simple moving average is $92.38. Weatherford International has a one year low of $65.13 and a one year high of $113.15. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.77 and a current ratio of 2.34.
Weatherford International (NASDAQ:WFRD – Get Free Report) last posted its earnings results on Tuesday, October 20th. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.33 by $0.33. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Weatherford International had a net margin of 7.66% and a return on equity of 21.50%. The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.12 earnings per share. On average, research analysts forecast that Weatherford International will post 5.15 earnings per share for the current year.
Trending Headlines about Weatherford International
Here are the key news stories impacting Weatherford International this week:
- Positive Sentiment: Quarterly earnings beat expectations. Weatherford reported third-quarter EPS of $1.66, ahead of the $1.33 consensus estimate and $1.12 reported a year earlier. Revenue of $1.14 billion also modestly exceeded the $1.13 billion estimate. Earnings Flash: Weatherford Posts Q3 EPS of $1.66
- Positive Sentiment: Profitability improved significantly. The EPS result was described as a roughly 31% beat against expectations, supporting the view that cost controls, operating execution, and cash generation are helping offset softer top-line conditions. Weatherford Q3 2026 Earnings
- Positive Sentiment: Weatherford maintained a quarterly dividend. Stockholders of record on November 6 are scheduled to receive $0.275 per share on December 3, equivalent to $1.10 annually and a reported 1.4% yield. Weatherford Announces Third Quarter 2026 Results
- Neutral Sentiment: Analysts remain constructive despite target reductions. Piper Sandler lowered its expectations but retained a positive stance, while Citigroup reduced its price target from $115 to $112 and kept a Buy rating. Piper Sandler Lowers Weatherford Expectations Citigroup Lowers Weatherford Expectations
- Negative Sentiment: Revenue remains under pressure. Third-quarter revenue declined 7.2% from the prior year, signaling weaker underlying demand even as earnings exceeded forecasts. The lower analyst targets also indicate more limited near-term upside expectations.
About Weatherford International
Weatherford International plc is an energy services company that provides equipment, technology and services to the oil and natural gas industry. Its offerings support the life cycle of a well, from drilling and formation evaluation to completion, production, intervention and abandonment.
The company’s product and service portfolio includes drilling systems, well logging and evaluation tools, completion equipment, artificial-lift systems, production optimization technologies, well intervention services and digital solutions.
See Also
- Five stocks we like better than Weatherford International
- Steel Dynamics Eyes New Highs Despite Earnings Miss
- SpaceX Earnings Launch: High Margins Fund AI Ambitions
- 2 Steel Giants Just Reported Earnings—and Told Very Different Stories
- Swiping to Record Highs: Why Visa Remains a Fortress
Receive News & Ratings for Weatherford International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weatherford International and related companies with MarketBeat.com's FREE daily email newsletter.
