Mergers & Acquisitions ·
Weatherford announced second quarter 2026 results with revenue of $1,105 million, down 4% sequentially, and net income…
WFRDWeatherford International plc
Weatherford announced second quarter 2026 results with revenue of $1,105 million, down 4% sequentially, and net income of $39 million. The company announced the acquisition of NCS Multistage in a stock-and-cash transaction and introduced an updated plan to redomesticate to Delaware to generate $20 to $30 million in annual cash savings. On July 16, 2026, the Board declared a quarterly cash dividend of $0.275 per share, payable September 3, 2026. Weatherford is a global energy services company providing drilling, well completion, and production optimization solutions.