Weatherford International (WFRD)
NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
$95.88-0.57%
Close 2026-09-04 · 1-day change
NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · WFRD
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance dropped from the top half to the bottom half of its industry over the past month — the reason to own it has weakened.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -9.3% |
| Our one-year growth estimate | diamond | 5.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 14.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 32 industry peers
WFRD — Principal Accounting Officer transition
Dated 2026-09-04
Chief Accounting Officer — Desmond Mills: The departure of the Chief Accounting Officer is an orderly succession with a named internal successor, indicating a planned transition rather than a sudden loss of leadership.
Why it matters: Earnings results will show how the company is doing during tough times.
Watch forQ3 2026 earnings show better revenue and operating income than before.
Also watch forQ3 2026 earnings show lower revenue and operating income.
Why it matters: Improving cash flow is critical for Weatherford to support growth and dividends.
Worry ifManagement says cash from operations is now over 50% of net income.
Less concerning ifManagement says cash from operations is below 20% of net income.
Why it matters: Stable cash flow would show better efficiency and financial health.
Supportive ifCash flow from operations exceeds $150 million in Q2 2026.
Worry ifCash flow from operations remains below $150 million in Q2 2026.
Why it matters: More net income would show a recovery in making money.
Supportive ifNet income in Q2 2026 exceeds $108 million.
Worry ifNet income in Q2 2026 is below $108 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$171 on $10,000 · ±1.7% | How much price usually moves either way. |
| Bad day | $364 loss on $10,000 · 3.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,982 loss on $10,000 · 29.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: This change may make things easier and save $20 to $30 million each year. It shows that management wants to improve cash flow and value for shareholders.
Supportive ifShareholders approved the move to Delaware. The change will be done by Q3 2026.
Worry ifShareholders did not approve the move. This could delay or stop the process.
Why it matters: A dividend increase would show a promise to return money to shareholders.
Supportive ifAnnouncement of dividend per share increase from $0.275.
Worry ifNo increase in dividend per share from $0.275.
Why it matters: Successful integration could save at least $15 million. This would improve the well completions portfolio.
Supportive ifManagement says they will save at least $7 million from the NCS Multistage integration by Q4 2026.
Worry ifIntegration problems lead to no savings or delays in meeting goals.
Why it matters: News on the merger could change Weatherford's growth and market position.
Watch forThere is news about the merger's finish and plans for integration.
Also watch forThe merger may face delays or could be canceled.
Why it matters: A speed-up would show a good change in the energy sector. This affects Weatherford's outlook.
Supportive ifSector revenue growth reported above 6%.
Worry ifSector revenue growth remains below 6%.
Why it matters: A bigger drop in revenue would show more problems in operations and the market.
Worry ifIn Q2 2026, revenue falls more than 5% compared to last year.
Less concerning ifQ2 2026 revenue declines less than 5% year-over-year or shows growth.
Why it matters: An increase in the dividend would signal strong cash flow and management confidence.
Supportive ifManagement announces a dividend increase of at least 10% per share.
Worry ifManagement decides to keep the dividend flat or reduce it.
Why it matters: A drop below 9% would show worse profits and operational problems. It may hurt investor trust.
Worry ifNet income margin reported below 9% in Q2.
Less concerning ifNet income margin stays at or above 9% in Q2.
Why it matters: Lower free cash flow shows trouble in keeping operations efficient and making cash.
Worry ifAdjusted free cash flow reported below $85 million in Q2.
Less concerning ifAdjusted free cash flow exceeds $85 million in Q2.
Why it matters: Keeping guidance shows confidence in making cash, even with challenges.
Supportive ifManagement says the free cash flow guidance for the year stays the same.
Worry ifManagement revises down adjusted free cash flow guidance for the year.
Why it matters: Free cash flow is very important for management. Good performance shows strong cost control.
Supportive ifAdjusted free cash flow exceeds $150 million in Q3 2026.
Worry ifAdjusted free cash flow drops below $100 million in Q3 2026.
Why it matters: A drop below this level signals trouble in maintaining cash flow, which is key for dividends.
Worry ifQ2 cash from operations was less than $100 million.
Less concerning ifQ2 cash from operations remains above $100 million.
Why it matters: This change will make operations easier. It could save $20 to $30 million each year.
Supportive ifThe High Court of Ireland approves the redomestication plan by the end of Q4 2026.
Worry ifThe redomestication plan is delayed or rejected by the High Court.