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Weatherford's Q4 revenue beats estimates

ReutersFeb 3, 2026 9:38 PM


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.

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