PRESS-RELEASE ·Filed May 21, 2026

WFRD

Weatherford International, LLC
NEUTRAL
Impact 4/10
Horizonmonths Processed4mo ago WireGlobeNewswire
Press release: contract
Actionable Insight • Neutral

Monitor for future contract value disclosures or revenue contribution in upcoming quarterly filings. The win signals continued deepwater activity with a major operator, but without dollar amounts, the near-term financial impact is unclear.

DirectionNeutral
Confidencemedium
Horizonmonths
Final — all horizons settled through T+60d
WFRD ▼ -15.40% at T+60d
NEUTRAL call ✗ call lost -15.40% · α vs SPY -19.70% · entry $110.02 → $93.08
Entry anchored
May 20, 03:59 PM ET
via exchange tick
T+1d
-1.12%
call -1.12% · α -1.56%
$108.79
settled 4mo ago
T+5d
-5.58%
call -5.58% · α -7.18%
$103.88
settled 4mo ago
T+20d
-16.52%
call -16.52% · α -16.85%
$91.85
settled 3mo ago
T+60d
-15.40%
call -15.40% · α -19.70%
$93.08
settled 7w ago

Price Chart

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Executive Summary

Weatherford announced a deepwater integrated completions contract with ExxonMobil affiliate Esso Exploration & Production Nigeria Ltd. for offshore Nigeria. The contract, within Weatherford's Well Construction and Completions portfolio, covers integrated upper and lower completions solutions for deepwater wells, with no disclosed dollar value.

Key Facts

  • Contract awarded by Esso Exploration & Production Nigeria Ltd., an ExxonMobil affiliate, for offshore Nigeria.
  • Scope includes integrated upper and lower completions solutions for deepwater wells.
  • Contract value not disclosed.
  • Work will be supported through Weatherford's global supply chain and local Nigerian execution.
  • Falls within Weatherford's Well Construction and Completions portfolio.

Financial Impact

Undisclosed contract value; no financial terms provided.

revenue

Risk Factors

  • Contract value undisclosed, limiting ability to assess revenue impact.
  • Execution risk in deepwater offshore Nigeria operations.
  • Potential for project delays or changes in operator spending.

Market Snapshot

Exchange
Nasdaq
Sector
Oil & Gas Field Machinery & Equipment
Analyst Consensus
82% bullish (17 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3299308
13 reports for WFRD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for WFRD — sortable, filterable
TypeNow
Sep 1, 2026
4w ago
8-K
NEUTRAL ★ 2/10
$94.52 $79.63▼ −15.75%▼ −16.93%$78.44 (−17.01%)
Jul 27, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$85.92 $88.73▲ +3.27%▼ −0.03%$78.44 (−8.71%)
Jul 23, 2026
10w ago
144
NEUTRAL ★ 2/10
$85.60 $91.24▲ +6.59%▲ +3.28%$78.44 (−8.36%)
Jul 22, 2026
10w ago
EFFECT
NEUTRAL ★ 4/10
$87.11 $92.26▲ +5.91%▲ +3.02%$78.44 (−9.95%)
Jul 21, 2026
10w ago
Press Release
BEARISH ★ 7/10
$87.11 $92.26▼ −5.91%▼ −3.02%$78.44 (+9.95%)
Jul 13, 2026
11w ago
Press Release
NEUTRAL ★ 4/10
$82.01 $94.43▲ +15.14%▲ +12.65%$78.44 (−4.35%)
Jun 11, 2026
16w ago
Press Release
MIXED ★ 5/10
$101.31 $84.36▼ −16.73%▼ −18.51%$78.44 (−22.57%)
Jun 4, 2026
17w ago
DEFA14A
MIXED ★ 6/10
$103.73 $83.01▼ −19.97%▼ −18.60%$78.44 (−24.38%)
May 21, 2026
19w ago
Press Release
NEUTRAL ★ 4/10
$110.02 $91.85▼ −16.52%▼ −16.85%$78.44 (−28.70%)
May 6, 2026
21w ago
Press Release
NEUTRAL ★ 4/10
$108.37 $104.09▼ −3.95%▼ −6.73%$78.44 (−27.62%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (37h)

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Report published May 21, 2026