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Home > India > Energy services firm Weatherford's Q3 revenue rises, driven by credit facility expansion, contract awards

Energy services firm Weatherford's Q3 revenue rises, driven by credit facility expansion, contract awards

Written By: Indianews Syndication
Last Updated: October 22, 2025 02:18:35 IST

Overview * Weatherford Q3 revenue rose 2% sequentially, beating analyst expectations * Adjusted EBITDA for Q3 increased 6% sequentially, beating analyst estimates * Net income for Q3 decreased 40% sequentially Outlook * Weatherford expects muted activity in early 2026 but positive mid-to-long-term outlook * Company remains on track to meet full-year 2025 guidance * Latin America collections impact adjusted free cash flow projections Result Drivers * CREDIT FACILITY EXPANSION – Weatherford expanded its credit facility by $280 mln * TECHNOLOGY INNOVATION – Launch of Industrial Intelligence Digital Portfolio to enhance energy operations through AI and automation * CONTRACT AWARDS – Secured multiple contracts, including a $147 mln contract with Petrobras for deepwater services Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 Beat $1.23 $1.17 Revenue bln bln (8 Analysts ) Q3 Net $81 mln Income Q3 Beat $269 mln $253.91 Adjusted mln (7 EBITDA Analysts ) Analyst Coverage * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" * The average consensus recommendation for the oil related services and equipment peer group is "buy" * Wall Street's median 12-month price target for Weatherford International PLC is $75.50, about 14% above its October 20 closing price of $64.92 * The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 9 three months ago Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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