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Weatherford International plc (NASDAQ:WFRD) Q1 2024 Earnings Call Transcript

Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Weatherford International First Quarter 2024 Earnings Call.

United-states , Colombia , Oman , Canada , Saudi-arabia , Mexico , Guyana , Gulf-of-mexico , Mexico-general- , Russia , Brazil , America

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow* of $8

Russia , Kuwait , Houston , Texas , United-states , Canada , Angola , Ukraine , Oman , Brazil , Gulf-of-mexico , Mexico-general-

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net...

Ukraine , Kuwait , Angola , Gulf-of-mexico , Mexico-general- , Mexico , Canada , United-states , Houston , Texas , Brazil , Oman

Weatherford Announces First Quarter 2024 Results and Raises

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million...

Brazil , Mexico , Oman , Houston , Texas , United-states , Ukraine , Kuwait , Russia , Angola , Gulf-of-mexico , Mexico-general-

Weatherford Announces Fourth Quarter and Full Year 2023 Results

Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from...

Russia , Canada , Thailand , Italy , Ukraine , Saudi-arabia , Guyana , India , Eagle-ford , Texas , United-states , Oman

Weatherford Announces Fourth Quarter and Full Year 2023

Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior...

Guyana , Houston , Texas , United-states , Eagle-ford , Saudi-arabia , United-arab-emirates , India , Centro , Friuli-venezia-giulia , Italy , Brunei

Weatherford Announces Fourth Quarter and Full Year 2023 Results

Weatherford Announces Fourth Quarter and Full Year 2023 Results
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Guyana , Houston , Texas , United-states , United-arab-emirates , Saudi-arabia , Eagle-ford , India , Centro , Friuli-venezia-giulia , Italy , Brunei

Weatherford Announces Fourth Quarter and Full Year 2023 Results

Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of...

Guyana , Eagle-ford , Texas , United-states , Houston , Saudi-arabia , United-arab-emirates , Centro , Friuli-venezia-giulia , Italy , India , Brunei