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Weatherford Announces Court Approval and Expected Closing Date for U.S. Redomestication

Weatherford International plc has received High Court of Ireland approval for its scheme of arrangement to redomicile from Ireland to Delaware, with completion expected on November 13, 2026.

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  1. The Motley Fool Team

    Weatherford: 3 Key Takeaways for Long-Term Investors

    Weatherford reported Q3 2026 sequential revenue growth of 3% to $1.14 billion despite Middle East headwinds. The company is retiring $236 million in high-yield debt to reduce interest expenses, expanding operations in Venezuela with potential for triple-digit million revenues in 2027, and acquiring NCS Multistage to enhance offshore completions capabilities. Management targets mid-20s EBITDA margins and 50% free cash flow conversion in coming years.

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