Weatherford International plc Aktie News

Weatherford International plc (WFRD) Q1 2024 Earnings Call Transcript

*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled

HOUSTON, April 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) today announced it has increased its Credit Facility by $130 million to $680 million in aggregate commitments by adding additional lenders to its facility. The facility is now comprised of a $309 million tranche availab...

HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced the release of its 2023 Annual Update, highlighting outstanding results for the year. The digital update showcases new technology developments, recent strategic acquisitions, and the Company's unwavering focus on creating long-term value for customers and investors...

When it comes to Nasdaq stocks with strong buy ratings, mega-cap tech stocks may be what may first come to mind. To some extent, this is a correct assumption.

HOUSTON, March 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, April 24, 2024 to discuss the Company's results for the first quarter ended March 31, 2024.

Weatherford International has experienced a significant turnaround since its bankruptcy in 2019, with its stock rising ~50X in the past four years. The company has been exceeding analyst earnings estimates and is expected to continue growing in 2024. Weatherford has restructured its operations, simplified its supply chain, and focused on improving margins, leading to strong financial performance.

Turnaround play General Motors and hot energy drink maker Celsius Holdings lead this weekend's watchlist.