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Weatherford Releases 2024 Digital Annual Update

1. Weatherford released its 2024 Annual Update with financial results. 2. The company set new records in operational performance. 3. Strategic acquisitions and innovation are key growth drivers. 4. Commitment to safety and quality reinforced its industry leadership. 5. Weatherford operates in 75 countries with 19,000 employees.

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FAQ

Why Bullish?

Weatherford's record operational performance suggests strong financial health. Historically, positive annual updates lead to stock price increases, evident in similar firms.

How important is it?

The release of the annual update indicates significant developments that could enhance investor interest.

Why Long Term?

Strategic initiatives and innovations are expected to yield sustained growth, similar to historical patterns in tech-driven sectors.

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March 25, 2025 17:00 ET  | Source: Weatherford International, LLC HOUSTON, March 25, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced the release of its 2024 Annual Update. The interactive and fully digital report shares the Company’s financial results and highlights new technology innovations, achievements, and progress in our strategic focus areas to create long-term value for employees, customers, and shareholders. Girish Saligram, President and Chief Executive Officer, commented, “2024 has been a year of significant milestones for Weatherford, as we set new records in operational performance and strengthened our position as an industry leader. Our strategic acquisitions, relentless focus on innovation, and commitment to safety and quality have laid the foundation for continued growth and success in the years ahead.” Visit our 2024 Annual Update at weatherfordannualupdate.com. About WeatherfordWeatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation. The Company operates in approximately 75 countries and has approximately 19,000 team members representing more than 110 nationalities and 330 operating locations. Visit weatherford.com for more information and connect with us on social media. ContactKelley HughesWeatherford Corporate Communicationsmedia@weatherford.com

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