Weatherford International plc Q3 FY25 Results

In a quarter defined by continued industry headwinds, I am proud of the One Weatherford team for delivering across the board. Our swift and decisive actions in the first half of the year provided momentum to make noticeable improvements in the third quarter with a ramp up of margins and commercial wins. The financial performance, which exceeded our guidance range, was a direct result of the rigor and effectiveness of our operating paradigm. With the expansion of our credit facility, the refinancing of a portion of our debt at significantly improved terms, and recent rating upgrades from the agencies, we have further strengthened our financial foundation.At our FWRD 2025 conference, we showcased tangible proof points of our innovation as a catalyst for long-term value creation. The event highlighted more than 20 product launches across all segments and I am particularly excited about Intelligent Completions and the introduction of Weatherford Intelligence, a single, powerful platform that drives efficiency, automation, and smarter decision-making. We remain on track to meet our full year 2025 guidance, with Latin America collections representing a timing factor in adjusted free cash flow projections. While activity in the first half of 2026 is expected to remain muted, we continue to be positive on the mid-to-long term activity outlook for the market and are well positioned to deliver strong performance for the next few years.”