WFRD Weatherford International, LLC

NEUTRAL Impact: 4/10 PRESS-RELEASE
Horizon months Filed May 21, 2026 Processed 16d 12h ago Wire GlobeNewswire
Press release: contract
Latest settled — T+5d
WFRD ▼ -5.58% at T+5d
NEUTRAL call ✗ call lost -5.58% · α vs SPY -7.18% · entry $110.02 → $103.88
Next anchor: T+20d in 15d
Last close $97.17 (close Jun 5) · -11.68% from $110.02 entry
Entry anchored
May 20, 03:59 PM ET
via Databento tick
T+1d
-1.12%
call -1.12% · α -1.56%
$108.79
settled 16d ago
T+5d
-5.58%
call -5.58% · α -7.18%
$103.88
settled 9d ago
T+20d
call — · α —
in 15d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Weatherford announced a deepwater integrated completions contract with ExxonMobil affiliate Esso Exploration & Production Nigeria Ltd. for offshore Nigeria. The contract, within Weatherford's Well Construction and Completions portfolio, covers integrated upper and lower completions solutions for deepwater wells, with no disclosed dollar value.

Actionable Insight

Monitor for future contract value disclosures or revenue contribution in upcoming quarterly filings. The win signals continued deepwater activity with a major operator, but without dollar amounts, the near-term financial impact is unclear.

Key Facts

  • Contract awarded by Esso Exploration & Production Nigeria Ltd., an ExxonMobil affiliate, for offshore Nigeria.
  • Scope includes integrated upper and lower completions solutions for deepwater wells.
  • Contract value not disclosed.
  • Work will be supported through Weatherford's global supply chain and local Nigerian execution.
  • Falls within Weatherford's Well Construction and Completions portfolio.

Financial Impact

Undisclosed contract value; no financial terms provided.

revenue

Risk Factors

  • Contract value undisclosed, limiting ability to assess revenue impact.
  • Execution risk in deepwater offshore Nigeria operations.
  • Potential for project delays or changes in operator spending.

Market Snapshot

Exchange
Nasdaq
Sector
Oil & Gas Field Machinery & Equipment
Analyst Consensus
82% bullish (17 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3299308
6 reports for WFRD
Performance horizon
Filters
Rows
Reports for WFRD — sortable, filterable
Type Now
Jun 4, 2026
2d ago
DEFA14A
MIXED ★ 6/10
$103.73 $97.17▼ −6.32%▼ −3.73%$97.17 (−6.32%)
May 21, 2026
16d ago
Press Release
NEUTRAL ★ 4/10
$110.02 $108.79▼ −1.12%▼ −1.56%$97.17 (−11.68%)
May 6, 2026
4w ago
Press Release
NEUTRAL ★ 4/10
$108.37 $102.30▼ −5.60%▼ −5.27%$97.17 (−10.33%)
Apr 21, 2026
6w ago
8-K
MIXED ★ 6/10
$100.73 $102.93▲ +2.18%▲ +2.57%$97.17 (−3.54%)
Apr 21, 2026
6w ago
Press Release
MIXED ★ 6/10
$100.73 $102.93▲ +2.18%▲ +2.57%$97.17 (−3.54%)
Mar 23, 2026
10w ago
Press Release
NEUTRAL ★ 3/10
$92.98 $97.03▲ +4.35%▲ +3.78%$97.17 (+4.50%)
Showing 6 of 6

US Market Status

Market Closed — Opens Mon (12h 2m)

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