---
schema_version: "secwatch.filing_event.v1"
accession: "0001603923-24-000142"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:39:59.595257+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Weatherford Q3 revenue $1.409B (+7% YoY); adj. EBITDA margin 25.2%; declares $0.25 dividend

## Summary
- Revenues $1,409M (+7% YoY); op income $243M (+11%); net income $157M (+28%); net income margin 11.1%.
- Adjusted EBITDA $355M (+16% YoY); margin 25.2% (+197 bps YoY); cash from ops $262M; adj. free cash flow $184M.
- Credit rating upgraded to BB- by S&P (positive outlook) and Fitch (stable); shareholder returns $68M (dividends $18M + buybacks $50M).
- Board declares quarterly cash dividend $0.25/share, payable Dec 5, 2024 to holders of record Nov 6, 2024.
- Aramco awarded 3-year CPA for cementation, completions, liner hangers; Victus MPD deployed in first two geothermal wells.

## SEC filing metadata
- accession: 0001603923-24-000142
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000160392324000142/0001603923-24-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000160392324000142/wfrd-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603923-24-000142
- JSON: https://secwatch.observer/filing/0001603923-24-000142.json
- Plain text: https://secwatch.observer/filing/0001603923-24-000142.txt

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