The stock may react positively to the EPS beat and dividend stability, but traders should monitor Q2 revenue trajectory and geopolitical risks in the Middle East. The proposed U.S. redomestication could unlock valuation re-rating if executed, but near-term headwinds remain.
Price Chart
Executive Summary
Weatherford (WFRD) reported Q1 2026 earnings with diluted EPS of $1.49, beating consensus of $1.06 by 40.6%, while revenue of $1.152B missed estimates of $1.14B. Despite a strong EPS beat driven by cost controls and higher net income, revenue declined 3% YoY and adjusted EBITDA fell 8%, raising concerns about top-line momentum. The company maintained full-year guidance but warned of softer Q2 due to Middle East disruptions, offset by strong international contract wins and $85M in adjusted free cash flow.
Key Financial Metrics
Key Facts
- Diluted EPS of $1.49 vs. consensus $1.06 (40.6% beat)
- Revenue of $1.152B, down 3% YoY, below $1.14B consensus
- Net income increased 42% YoY to $108M despite revenue decline
- Adjusted EBITDA of $233M, down 8% YoY
- Company maintained full-year adjusted free cash flow guidance but warned of softer Q2 due to Middle East conflict
- Awarded multiple international contracts, including with TotalEnergies, Shell, and Phu Quoc POC
- Proposed redomestication from Ireland to Texas, expected to close in Q3 2026
Financial Impact
EPS beat by $0.43 (40.6%), but revenue missed by $12M; operating income down 13% YoY
Risk Factors
- Geopolitical disruptions in the Middle East impacting operations and logistics
- Sequential revenue decline of 11% and weakening segment margins
- Dependence on international markets, which face volatility and currency risks
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3278503 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | 8-K | $94.52 $79.63 | ▼ −15.75% | ▼ −16.93% | $78.44 (−17.01%) |
Jul 27, 2026 9w ago | Insider Cluster | $85.92 $88.73 | ▲ +3.27% | ▼ −0.03% | $78.44 (−8.71%) |
Jul 23, 2026 10w ago | 144 | $85.60 $91.24 | ▲ +6.59% | ▲ +3.28% | $78.44 (−8.36%) |
Jul 22, 2026 10w ago | EFFECT | $87.11 $92.26 | ▲ +5.91% | ▲ +3.02% | $78.44 (−9.95%) |
Jul 21, 2026 10w ago | Press Release | $87.11 $92.26 | ▼ −5.91% | ▼ −3.02% | $78.44 (+9.95%) |
Jul 13, 2026 11w ago | Press Release | $82.01 $94.43 | ▲ +15.14% | ▲ +12.65% | $78.44 (−4.35%) |
Jun 11, 2026 16w ago | Press Release | $101.31 $84.36 | ▼ −16.73% | ▼ −18.51% | $78.44 (−22.57%) |
Jun 4, 2026 17w ago | DEFA14A | $103.73 $83.01 | ▼ −19.97% | ▼ −18.60% | $78.44 (−24.38%) |
May 21, 2026 19w ago | Press Release | $110.02 $91.85 | ▼ −16.52% | ▼ −16.85% | $78.44 (−28.70%) |
May 6, 2026 21w ago | Press Release | $108.37 $104.09 | ▼ −3.95% | ▼ −6.73% | $78.44 (−27.62%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access