---
schema_version: "secwatch.filing_event.v1"
accession: "0001603923-22-000057"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:24:50.738695+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Weatherford CEO expects revenue growth and EBITDA margin expansion in 2022; Russia 5-7% of revenue

## Summary
- Russia represents 5-7% of historical revenue at 2021 FX rates; Q1 impact limited to ruble depreciation.
- Demand outlook for oilfield services elevated by recent events, underscoring need for energy supply investment.
- Continues to expect revenue growth and adjusted EBITDA margin expansion for full-year 2022.
- Expects to offset inflation headwinds and exit 2022 with adjusted EBITDA margins at least 50 bps higher than 2021.

## SEC filing metadata
- accession: 0001603923-22-000057
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000160392322000057/0001603923-22-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000160392322000057/wfrd-20220309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603923-22-000057
- JSON: https://secwatch.observer/filing/0001603923-22-000057.json
- Plain text: https://secwatch.observer/filing/0001603923-22-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.