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Weatherford International plc
Desmond J. Mills, an executive at Weatherford International plc, has filed an SEC Form 144 to report a plan to sell company shares. This filing formalizes the insider's intention to dispose of their holdings.…more
Weatherford International plc
Weatherford International has received approval from the High Court of Ireland to relocate its legal domicile from Ireland to Delaware, with the completion expected on November 13, 2026. In connection with this redomestication, the company expects to recognize non-cash deferred tax assets estimated between $250 million and $300 million in its fourth-quarter 2026 financial statements.…more
Weatherford International plc
Weatherford International plc has filed its 10-Q quarterly report for the period ending September 30, 2026, and entered into a fifth supplemental indenture on September 25, 2026, adding Weatherford International Holding LLC as a co-issuer of its 6.750% Senior Notes due 2033. As of October 15, 2026, the company has 72,470,284 ordinary shares outstanding.…more
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Weatherford Announces Redemption of $236 Million in Senior Notes
Weatherford has redeemed $236 million of its 8.625% senior notes using cash on hand to optimize its capital structure. This move reduces annual interest expenses by approximately $20 million and eliminates debt maturities for the next seven years.…more
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Weatherford announced it will provide integrated drilling and completion services for Eni's Junín-5 development project in Venezuela. While this strengthens the company's local market presence, the lack of specific contract value details leads to a neutral outlook.…more
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Weatherford International has received approval from the High Court of Ireland to move its legal domicile to Delaware. The company expects to complete the redomestication by November 13, 2026, establishing a Delaware corporation as its new publicly traded parent company.…more
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