Weatherford Reports Q3 2026 Growth Driven by North America and Latin America Activity
Weatherford (WFRD) reported third-quarter 2026 revenue of $1,143 million, a 3% sequential increase fueled by strong performance in North American completions and expansion in Latin American markets. Despite the conclusion of a major contract in Saudi Arabia and labor strikes in Norway, the company achieved an Adjusted EBITDA of $254 million with a 22.2% margin, reflecting disciplined cost management. The company demonstrated significant improvements in cash flow generation, reporting $155 million in Adjusted Free Cash Flow—a substantial increase in conversion compared to the previous year. Looking ahead, Weatherford issued optimistic Q4 revenue guidance of $1.28 billion to $1.33 billion, supported by the integration of the NCS acquisition and seasonal activity trends.
Tickers: $WFRD
Topics: Acquisition Synergies Debt Redemption EBITDA Margin Expansion Free Cash Flow Revenue Growth