Weatherford Q3 2026 net income more than triples quarter-on-quarter to $120 million
Bitget2026/10/20 20:32- Weatherford's third-quarter 2026 net income attributable to shareholders more than tripled sequentially to $120 million.
- Revenue fell 7% year-over-year to $1.14 billion.
- Cash provided by operating activities climbed 39% year-over-year to $192 million.
- The NCS Multistage acquisition closed, strengthening the completions portfolio and expanding reservoir diagnostics capabilities.
- Following quarter-end, notice was issued to redeem all $236 million of 8.625% Senior Notes due 2030.
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