Weatherford International PLC
weatherford.comWeatherford International PLC (NASDAQ: WFRD) is an oilfield services company that provides products and services across the full oil and natural gas well life cycle, from drilling and evaluation through production and intervention. Revenue comes from transactional service and product contracts with oil and gas operators across three reportable segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI). Weatherford is incorporated in Ireland and organized as a public limited company. In FY2025, WCC segment adjusted EBITDA was $515 million at a 27.5% margin, while PRI revenue was $1.34 billion with a 19.2% adjusted EBITDA margin. The company operates across land and offshore markets globally, with material activity in the Middle East/North Africa/Asia, Latin America, and Europe/Sub-Sahara Africa/Russia regions. All three segments are supported by digital monitoring, control, and optimization solutions using advanced analytics throughout the well life cycle.
Products & Services
Drilling and Evaluation: managed pressure drilling, drilling services, wireline, and drilling fluids. Well Construction and Completions: cementation products, liner hangers, and completions services. Production and Intervention: intervention services, drilling tools, and pressure pumping (pressure pumping business divested during FY2025 per the 10-K filed 2026-02-04). All segments supported by digital analytics and optimization solutions.
Revenue Model
Transactional service and product contracts tied to well activity levels. Revenue scales with drilling, completion, and production activity across operator customers. No disclosed subscription or recurring-fee component.
Customers & Markets
Customers are oil and natural gas operators across land and offshore markets. The largest single customer identified in the FY2025 10-K is in Mexico. End-market demand is driven by oil and gas reservoir development activity, production optimization, and complex well designs. No disclosed customer concentration percentages beyond the Mexico reference.
Geographic Exposure
Operations span multiple international regions including Middle East/North Africa/Asia, Latin America, and Europe/Sub-Sahara Africa/Russia, as well as North America. Material Argentina exposure noted with Blue Chip Swap activity referenced in the FY2025 10-K.
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