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 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%.
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.
Max materiality 0.85 · Median 0.75 · Most common event earnings