secwatch.observer — SEC 8-K summary
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Issuer:     Weatherford International plc (WFRD)
CIK:        0001603923
Form:       8-K
Filed at:   2026-07-21T20:30:11+00:00
Accession:  0001603923-26-000082
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weatherford Q2 revenue $1.105B, net income $39M; acquires NCS Multistage
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- Revenue $1,105M (-4% seq); operating income $107M (-13% seq); net income $39M (-64% seq).
- Adjusted EBITDA $223M (20.2% margin, -4 bps seq); cash from ops $175M; adj. free cash flow $139M.
- Shareholder return $36M: $20M dividends, $16M buybacks.
- Announced acquisition of NCS Multistage (stock-and-cash) to expand well completions portfolio.
- Updated plan to redomesticate to Delaware; awarded MPD contracts from Noble, Constellation, Ventura.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603923/000160392326000082/0001603923-26-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603923/000160392326000082/wfrd-20260721.htm
  HTML page:      https://secwatch.observer/filing/0001603923-26-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer