Anuj Dhruv
On April 22, 2025, Weatherford International plc (the “Company”) announced the appointment of Anuj Dhruv, 43, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective April 21, 2025.
Highest-materiality recent filing
Weatherford Q2 revenue $1.105B, net income $39M; acquires NCS Multistage
Revenue $1,105M (-4% seq); operating income $107M (-13% seq); net income $39M (-64% seq).
Weatherford redomestication to Texas fails shareholder vote; plans new Delaware proposal
Redomestication proposals failed to achieve 75% value threshold; majority in number voted in favor.
Weatherford to acquire NCS Multistage; issues shares to Advent in private placement
Merger Sub will merge into NCS Multistage, which survives as a wholly owned Weatherford subsidiary.
Weatherford Q1: Revenue $1.15B (-3% YoY), net income +42%; plans Ireland-to-US move
Revenue $1,152M (-3% YoY); operating income $123M (-13%); net income $108M (+42%), margin 9.4%.
Weatherford proposes redomestication from Ireland to Texas as US corporation, expected Q3 2026
Proposal to redomesticate parent company from Ireland to Texas; expected completion in Q3 2026.
Net income $138M (10.7% margin), up 70% sequentially and 23% YoY.
Weatherford Q3 2025: revenue $1.23B (+2%), net income $81M (-40%), adj. EBITDA $269M (+6%)
Q3 revenue $1,232M (+2% seq); net income $81M (-40% seq); op income $178M (-25%). Adj. EBITDA $269M (+6%; margin 21.8%).
Weatherford issues $1.2B 6.75% senior notes due 2033 to fund tender offer for 8.625% notes
Issued $1.2B aggregate principal of 6.750% Senior Notes due 2033 at 100% of par.
Weatherford prices $1.2B 6.75% Senior Notes due 2033; launches $1.3B tender for 8.625% notes
Priced $1.2B of 6.75% Senior Notes due 2033, up from initially announced $600M; closing expected Oct 6, 2025.
Weatherford Q2 revenue $1.204B, net income $136M; declares $0.25 dividend
Revenue $1,204M (+1% sequentially); operating income $237M (+67% seq).
Weatherford Q1 revenue $1.193B (-12% YoY), net income $76M (-32%)
Revenue $1,193M (-12% YoY); operating income $142M (-39%); net income $76M (-32%).
Weatherford appoints Anuj Dhruv as CFO effective April 21, 2025
Anuj Dhruv named EVP & CFO effective April 21; previously VP Finance & Strategy at LyondellBasell.
Q4 revenue $1,341M (-5% seq., -2% YoY); FY revenue $5,513M (+7% YoY).
Weatherford Q3 revenue $1.409B (+7% YoY); adj. EBITDA margin 25.2%; declares $0.25 dividend
Revenues $1,409M (+7% YoY); op income $243M (+11%); net income $157M (+28%); net income margin 11.1%.
Weatherford Q2 revenue $1.4B up 10% YoY; initiates first-ever dividend and $500M buyback
Revenue $1,405M (+10% YoY); net income $125M (+52% YoY); operating income $264M (+31% YoY).
Weatherford Q1 revenue +15% to $1.36B; adj. EBITDA margin 24.7%, raises FY guidance
Revenue $1,358M (+15% YoY); international revenue grew 21%.
Weatherford Q4 rev $1.36B (+13% YoY); net income $140M (+94%); closes acquisitions of ISI and Probe
Q4 revenue $1,362M (+13% YoY); net income $140M (+94%); full year revenue $5,135M (+19%).
Weatherford Q3 revenue $1.313B (+17% YoY), raises FY outlook, announces $550M credit facility
Q3 revenue $1,313M (+17% YoY); net income $123M (+339% YoY); adjusted EBITDA margin 23.2% (over 14-year high).
Weatherford Q2 revenue $1,274M (+7% seq), net income $82M; raises full-year outlook
Revenue $1,274M (+7% sequentially), driven by 12% international revenue growth.
Weatherford Q1 revenue up 26% YoY to $1.186B; net income $72M, up 190%
Revenue $1,186M (+26% YoY); operating income $185M (+928% YoY); net income $72M (+190% YoY).
Weatherford completes consent solicitation, to redeem $105M of 11% notes due 2024
Holders of 97.62% of 6.5% notes consented to allow redemption of 11% notes.
Q4 revenue $1,209M, up 8% QoQ and 25% YoY; full-year revenue $4,331M, up 19% YoY.
Weatherford Q3 revenue $1.12B, net income $28M; adj. EBITDA margin 19.1%, FCF $133M
Q3 revenue $1,120M (+5% seq, +19% YoY); net income $28M vs $6M in Q2 and -$95M in Q3 2021.
Weatherford enters $370M credit facility, plans to redeem $125M of 11% senior notes
New $370M credit facility with $45M revolver; can increase to $600M; matures Oct 2026.
Weatherford Q2 revenue $1,064M (+13% seq); net income $6M; raises FY outlook to mid-teens growth
Revenue $1,064M (+13% seq, +18% YoY); operating income $104M vs $18M in Q1; net income $6M vs net loss $80M.
Weatherford CFO H. Keith Jennings to depart July 31, 2022
H. Keith Jennings leaves as EVP & CFO effective July 31, 2022.
Weatherford Q1 rev $938M (+13% YoY); adj EBITDA $151M (16% margin); net loss $80M
Revenue $938M (+13% YoY); operating income $18M vs loss $13M YoY; net loss $80M vs loss $116M YoY.
Weatherford CEO expects revenue growth and EBITDA margin expansion in 2022; Russia 5-7% of revenue
Russia represents 5-7% of historical revenue at 2021 FX rates; Q1 impact limited to ruble depreciation.
Q4 revenue $965M (+15% YoY, +2% seq); full year $3.65B (-1% YoY).
On April 22, 2025, Weatherford International plc (the “Company”) announced the appointment of Anuj Dhruv, 43, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective April 21, 2025.
In conjunction with the appointment of Mr. Dhruv, Arunava Mitra has left Weatherford effective April 21, 2025 and has ceased to serve as its Executive Vice President and Chief Financial Officer.
On July 23, 2024, the Board increased the size of the Board to six directors and appointed Steven Beringhause to fill the resulting vacancy.
The Company today announced the departure of Charles “Chuck” W. Davison, Jr., Executive Vice President and Chief Fulfillment and Enterprise Infrastructure Officer, and Joseph H. Mongrain, Chief People Officer, each to be effective on February 6, 2024.
The Company today announced the departure of Charles “Chuck” W. Davison, Jr., Executive Vice President and Chief Fulfillment and Enterprise Infrastructure Officer, and Joseph H. Mongrain, Chief People Officer, each to be effective on February 6, 2024.
Mr. Mitra joined the Company on January 3, 2023 and his compensation was established at that time so is unchanged.
the appointment of Arunava Mitra, 50, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective January 3, 2023.
on July 25, 2022, the Board determined that effective August 1, 2022, Desmond J. Mills, Senior Vice President and Chief Accounting Officer, will assume the role of Chief Financial Officer and principal financial officer on an interim basis.
H. Keith Jennings, our Executive Vice President and Chief Financial Officer, will be leaving Weatherford effective July 31, 2022.
H. Keith Jennings, its Executive Vice President and Chief Financial Officer, will be leaving Weatherford effective July 31, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings