NASDAQ$WFRD
Weatherford International plc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Weatherford's Q4 2021 earnings reflected a year-over-year revenue increase, positive operating income, and strategic progress.
Weatherford International plc announced its Q4 2021 results, featuring a 15% year-over-year increase in revenues to $965 million. The company reported an operating income of $33 million and an adjusted EBITDA of $154 million. They also highlighted over $1.4 billion in global commercial wins and a corporate credit rating upgrade.
- Revenues increased by 15% year-over-year reaching $965 million.
- Operating income was $33 million, a significant improvement from the previous year's operating loss.
- Adjusted EBITDA totaled $154 million with 16% adjusted EBITDA margins.
- Over $1.4 billion of global commercial wins were secured with major IOCs and NOCs.
Headline financials
Revenue & EPS history
Weatherford · Revenue · Quarterly
$965M
Revenue by segment
Weatherford · $955M total across 3 segments · Q4 2019
- Production and Intervention$380M—39.8%
- Well Construction and Completions$292M—30.6%
- Drilling and Evaluation$283M—29.6%
Forward guidance
Weatherford is entering 2022 with a growth and execution mindset, focused on further improving the Company’s fulfillment strategy, achieving profitable growth in the marketplace led by the strength of our portfolio, and building upon the incredible cost and cash successes of the last two years.
Tailwinds
- Improving the Company's fulfillment strategy
- Achieving profitable growth in the marketplace
- Building upon cost and cash successes
- Directed growth trajectory
- Increasing earnings
Headwinds
- Price and price volatility of oil and natural gas
- Extent or duration of business interruptions
- Demand for oil and gas and fluctuations in commodity prices associated with COVID-19 pandemic
- General global economic repercussions related to COVID-19 pandemic
- Macroeconomic outlook for the oil and gas industry
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+2.5%
Avg return
Earnings day
+5.7%
Avg return
5 days after
+3.4%
Avg return
30 days after
69%
18 / 26 earnings
Positive
+16.0%
Q4 2022
Best reaction
-10.0%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.6% | +10.1% | +9.1% | |
| Q4 2025 | +4.1% | +8.6% | -5.4% | |
| Q3 2025 | +0.5% | +5.7% | +9.9% | |
| Q2 2025 | -2.1% | -0.2% | +10.3% | |
| Q1 2025 | -7.2% | -6.3% | +1.2% | |
| Q4 2024 | +0.2% | +3.1% | -14.0% | |
| Q3 2024 | -4.2% | -5.2% | +0.7% | |
| Q2 2024 | -8.1% | -11.2% | -21.2% | |
| Q1 2024 | +8.6% | +11.2% | -0.3% | |
| Q4 2023 | +10.7% | +13.9% | +29.0% | |
| Q3 2023 | +0.2% | +0.6% | -0.3% | |
| Q2 2023 | +5.0% | +7.9% | +9.1% | |
| Q1 2023 | -1.6% | +3.0% | -5.6% | |
| Q4 2022 | +16.0% | +20.3% | +13.0% | |
| Q3 2022 | +7.1% | +9.1% | +12.7% | |
| Q2 2022 | +15.0% | +23.0% | +46.0% | |
| Q1 2022 | +3.8% | -4.9% | +3.8% | |
| Q4 2021 | +1.5% | -0.7% | -8.4% | |
| Q3 2021 | -2.5% | +11.6% | -7.9% | |
| Q2 2021 | +9.2% | +4.4% | -3.1% | |
| Q1 2021 | +9.3% | +13.3% | -6.2% | |
| Q4 2020 | -4.7% | +7.1% | +2.2% | |
| Q3 2020 | +4.6% | — | — | |
| Q2 2020 | +3.0% | — | — | |
| Q1 2020 | +5.6% | — | — | |
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