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Weatherford International(WFRD) - 2025 Q1 - Quarterly Report
2025-04-24 04:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________________________to __________________________________ Commission file number 001-36504 Weatherford International plc (Exact Name of Registra ...
Weatherford International(WFRD) - 2025 Q1 - Earnings Call Transcript
2025-04-23 23:53
Weatherford International plc (NASDAQ:WFRD) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Luke Lemoine - SVP, Corporate Development and IR Girish Saligram - President and CEO Anuj Dhruv - EVP and CFO Conference Call Participants David Anderson - Barclays Scott Gruber - Citigroup Saurabh Pant - Bank of America Jim Rollyson - Raymond James Sean Mitchell - Daniel Energy Partners Doug Becker - Capital One Derek Podhaizer - Piper Sandler Atidrip Modak - Goldman Sachs Operator Go ...
Weatherford (WFRD) Q1 Earnings Beat Estimates
ZACKS· 2025-04-23 06:45
Weatherford (WFRD) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.73%. A quarter ago, it was expected that this oilfield service company would post earnings of $1.34 per share when it actually produced earnings of $1.50, delivering a surprise of 11.94%.Over the last four quarters, ...
Weatherford Appoints New Chief Financial Officer
Newsfilter· 2025-04-23 04:31
HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") today announced Anuj Dhruv has been appointed as Executive Vice President and Chief Financial Officer. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, "I am pleased to welcome Anuj to Weatherford. With fresh perspective and proven expertise, Anuj will enhance our leadership team and help position Weatherford to lead confidently through the next phase of o ...
Weatherford International(WFRD) - 2025 Q1 - Quarterly Results
2025-04-23 04:30
整体财务数据关键指标变化 - 2025年第一季度营收11.93亿美元,同比下降12%,环比下降11%[2][4] - 第一季度运营收入1.42亿美元,同比下降39%,2024年第一季度为2.33亿美元,2024年第四季度为1.98亿美元[2][4] - 第一季度净利润7600万美元,利润率6.4%,同比下降32%,或188个基点,环比下降32%,或198个基点[2][4] - 第一季度调整后EBITDA为2.53亿美元,利润率21.2%,同比下降25%,或354个基点,环比下降22%,或310个基点[2][4] - 第一季度经营活动提供的现金流为1.42亿美元,2024年第一季度为1.31亿美元,2024年第四季度为2.49亿美元;调整后自由现金流为6600万美元,同比减少1600万美元,环比减少9600万美元[5] - 2025年第一季度运营收入1.42亿美元,其他费用4600万美元,税前收入9600万美元,净利润8600万美元[35] - 截至2025年3月31日,现金及现金等价物8.73亿美元,受限现金5700万美元,应收账款净额11.75亿美元,存货净额8.89亿美元[38] - 截至2025年3月31日,应付账款7.14亿美元,应计工资和福利2.49亿美元,长期债务当期部分2200万美元,长期债务15.83亿美元[38] - 2025年第一季度经营活动产生的净现金为1.42亿美元,投资活动使用的净现金为7900万美元,融资活动使用的净现金为1.33亿美元[40] - 2025年3月31日、2024年12月31日和2024年3月31日营收分别为11.93亿美元、13.41亿美元和13.58亿美元[49] - 2025年3月31日、2024年12月31日和2024年3月31日净利润分别为7600万美元、1.12亿美元和1.12亿美元,净利率分别为6.4%、8.4%和8.2%[49] - 2025年3月31日、2024年12月31日和2024年3月31日调整后EBITDA分别为2.53亿美元、3.26亿美元和3.36亿美元,调整后EBITDA利润率分别为21.2%、24.3%和24.7%[49] - 2025年3月31日、2024年12月31日和2024年3月31日经营活动提供的净现金分别为1.42亿美元、2.49亿美元和1.31亿美元[49] - 2025年3月31日、2024年12月31日和2024年3月31日资本支出分别为 - 7700万美元、 - 1亿美元和 - 5900万美元[49] - 2025年3月31日、2024年12月31日和2024年3月31日调整后自由现金流分别为6600万美元、1.62亿美元和8200万美元[49] - 2025年3月31日、2024年12月31日和2024年3月31日总债务分别为16.05亿美元、16.34亿美元和17.3亿美元[51] - 2025年3月31日、2024年12月31日和2024年3月31日净债务分别为6.75亿美元、6.59亿美元和7.93亿美元[51] - 2025年3月31日、2024年12月31日和2024年3月31日过去12个月调整后EBITDA分别为12.99亿美元、13.82亿美元和12.53亿美元[51] - 2025年3月31日、2024年12月31日和2024年3月31日净杠杆率分别为0.52倍、0.48倍和0.63倍[51] 股东回报与业务出售 - 2025年第一季度回购了价值3400万美元的2030年到期的8.625%优先票据[2] - 本季度股东回报为7100万美元,包括1800万美元股息支付和5300万美元股票回购;董事会批准每股0.25美元的季度现金股息,将于2025年6月5日支付给2025年5月6日登记在册的股东[2][13] - 2025年4月1日完成阿根廷压力泵送业务出售[2][8] 各条业务线数据关键指标变化 - 2025年第一季度钻探与评估(DRE)业务营收3.5亿美元,同比下降17%,环比下降12%;调整后EBITDA为7400万美元,同比下降43%,环比下降23%[14][15] - 2025年第一季度国际业务营收9.43亿美元,同比下降14%,环比下降13%;其中拉丁美洲营收2.41亿美元,同比下降35%,环比下降23%[21][23] - 2025年第一季度欧洲/撒哈拉以南非洲/俄罗斯地区收入为1.99亿美元,同比减少2500万美元,降幅11%,环比减少2700万美元,降幅12%[25] - 2025年第一季度DRE收入3.5亿美元,WCC收入4.41亿美元,PRI收入3.34亿美元,其他收入6800万美元,总营收11.93亿美元[35] 公司基本情况 - 公司在约75个国家开展业务,拥有约18000名团队成员,代表超110个国籍,有320个运营地点[26] 非GAAP指标定义 - 调整后EBITDA是一项非GAAP指标,代表合并收入在扣除利息费用、所得税、折旧和摊销费用之前的金额[43] - 调整后EBITDA利润率是一项非GAAP指标,通过合并调整后EBITDA除以合并收入计算得出[44] - 调整后自由现金流是一项非GAAP指标,代表经营活动提供(使用)的现金流减去资本支出加上资产处置所得[45]
Weatherford Announces First Quarter 2025 Results
GlobeNewswire· 2025-04-23 04:30
First quarter revenue of $1,193 million decreased 12% year-over-yearFirst quarter operating income of $142 million decreased 39% year-over-yearFirst quarter net income of $76 million, a 6.4% margin, decreased 32% year-over-yearFirst quarter adjusted EBITDA* of $253 million, a 21.2% margin, decreased 25%, or 354 basis points, year-over-yearFirst quarter cash provided by operating activities of $142 million and adjusted free cash flow* of $66 millionRepurchased $34 million of 8.625% Senior Notes due 2030 in t ...
Weatherford and AIQ Sign Strategic Partnership to Accelerate Efficiency in Energy Production
Newsfilter· 2025-04-22 04:30
HOUSTON, April 21, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford" or the "Company") today announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector. This partnership is set to bring transformative efficiency to energy production, leveraging advanced automation, data-driven insights, and the power of AI technology. The collaboration aims to ...
Weatherford International: Too Cheap (Again) To Ignore
Seeking Alpha· 2025-04-19 02:34
文章核心观点 - Weatherford International自2019年底破产重组后大幅改善,有能力应对潜在经济放缓,资产负债表稳健 [1] 分析师信息 - Sunshine Kapital Stefan拥有瑞典哈尔姆斯塔德大学和英国林肯郡与亨伯赛德大学金融学士学位,有20年研究和投资组合管理机构经验,专注困境和价值机会,是迈阿密注册投资顾问Sunshine Kapital的首席投资官兼创始人,曾在迈阿密Robin Capital Group、纽约Phoenix Investment Adviser和Triton Partners/Eidesis Capital任职 [1] 分析师持仓情况 - 分析师通过股票、期权或其他衍生品对WFRD股票持有多头头寸 [2]
Will Weatherford (WFRD) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-16 01:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Weatherford (WFRD) , which belongs to the Zacks Oil and Gas - Field Services industry.When looking at the last two reports, this oilfield service company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 18.39%, on average, in the last two quarters.For the last reported quarter, Weatherford came out with earnin ...
Weatherford (WFRD) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2025-04-15 23:06
The market expects Weatherford (WFRD) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...