Weatherford International (NASDAQ:WFRD) Issues Earnings Results

Weatherford International (NASDAQ:WFRD) posted its earnings results on Tuesday. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.35), Zacks reports. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. Weatherford International had a return on equity of 21.86% and a net margin of 7.66%.The business’s quarterly revenue was down 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 EPS.

Weatherford International Trading Up 4.5%

Shares of WFRD stock opened at $87.11 on Thursday. Weatherford International has a 1-year low of $52.70 and a 1-year high of $113.15. The company has a current ratio of 2.31, a quick ratio of 1.73 and a debt-to-equity ratio of 0.83. The stock has a market cap of $6.25 billion, a price-to-earnings ratio of 17.18, a PEG ratio of 0.96 and a beta of 0.86. The stock has a 50-day moving average of $94.13 and a 200-day moving average of $95.86.

Weatherford International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 6th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.10 annualized dividend and a dividend yield of 1.3%. Weatherford International’s dividend payout ratio is presently 21.70%.

Key Weatherford International News

Here are the key news stories impacting Weatherford International this week:

• Positive Sentiment: Weatherford announced a quarterly dividend of $0.275 per share, signaling continued shareholder returns and cash generation.
• Positive Sentiment: The company said it will acquire NCS Multistage in a stock-and-cash deal, which should expand its well completions portfolio and broaden its growth opportunities. Weatherford Announces Second Quarter 2026 Results
• Positive Sentiment: Weatherford also highlighted $36 million in quarterly shareholder returns, including $20 million in dividends and $16 million in share repurchases, which may support the stock.
• Neutral Sentiment: Management introduced an updated plan to redomesticate from Ireland to Delaware, a longer-term corporate move that could reshape the investment case but does not have an immediate operating impact.
• Neutral Sentiment: The company also won several Managed Pressure Drilling contracts, providing additional backlog and activity, though the near-term financial impact appears limited.
• Negative Sentiment: Second-quarter earnings came in at $0.55 per share, well below estimates, and net income fell sharply year over year, underscoring pressure on profitability. How Mixed Q2 Results, Buybacks, and NCS Deal At Weatherford (WFRD) Have Changed Its Investment Story
• Negative Sentiment: Revenue of about $1.1 billion was down sequentially, and the company’s own Q3 and full-year revenue guidance appears to be below or only around consensus, which may temper enthusiasm after the report.

Analyst Upgrades and Downgrades

WFRD has been the topic of several recent research reports. Raymond James Financial cut their price objective on Weatherford International from $125.00 to $122.00 and set an “outperform” rating on the stock in a report on Friday, July 10th. Wall Street Zen cut Weatherford International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Citigroup dropped their target price on Weatherford International from $137.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, June 26th. Piper Sandler boosted their price target on Weatherford International from $115.00 to $118.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Finally, Weiss Ratings downgraded Weatherford International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $113.78.

Institutional Trading of Weatherford International

Several institutional investors have recently added to or reduced their stakes in WFRD. Smartleaf Asset Management LLC raised its holdings in Weatherford International by 127.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 318 shares of the company’s stock worth $25,000 after purchasing an additional 178 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Weatherford International during the fourth quarter worth $26,000. EverSource Wealth Advisors LLC raised its stake in Weatherford International by 83.5% during the second quarter. EverSource Wealth Advisors LLC now owns 556 shares of the company’s stock worth $28,000 after buying an additional 253 shares during the last quarter. Johnson Financial Group Inc. bought a new position in Weatherford International during the third quarter worth $52,000. Finally, Parkside Financial Bank & Trust lifted its holdings in Weatherford International by 281.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 976 shares of the company’s stock valued at $76,000 after buying an additional 720 shares during the period. 97.23% of the stock is currently owned by institutional investors.

Weatherford International Company Profile

Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.

In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.