Weatherford International Plc · NASDAQ:WFRD
Weatherford International — Q3 2025 Earnings Presentation
33 slides from Weatherford International's earnings presentation, Oct 22, 2025
Slide 1: Q3'25 Investor Presentation
Q3’25 INVESTOR PRESENTATION Weatherford International PLC Weatherford International Plc. 1
Slide 2: Disclaimer
Disclaimer This presentation contains projections and forward-looking statements concerning, among other things, the Company’s quarterly and full-year revenues, adjusted EBITDA*, adjusted EBITDA margin*, adjusted free cash flow*, net leverage*, ROIC*, shareholder return program, capital allocation f
Slide 3: Q3'25 Financial Results - Highlights
Q3’25 FINANCIAL RESULTS - HIGHLIGHTS NASDAQ: WFRD ABOUT WEATHERFORD FINANCIAL HIGHLIGHTS 75 Countries & 310 Locations Q3’25 Operating Cash Flow of $138M REVENUE ~17,000 Team Members with ~110 Adj. Free Cash Flow* of $99M Nationalities Net Income of $81M & Basic Earnings 2% Sqtly. ~80% In
Slide 4: Shareholder Return Update
SHAREHOLDER RETURN UPDATE Weatherford International Plc. 4
Slide 5: Balance Sheet & Liquidity update
Balance Sheet & Liquidity update • Expanded credit facility by $280 million with aggregate commitments of $1 billion with extension through 2030 ~$1.6 billion liquidity ~$1 billion cash balance Liquidity Expansion • Increased accordion feature, which could expand lender Unrestricted cash and Include
Slide 6: Capital Allocation Framework
Capital Allocation Framework 1 2 BUSINESS 3 4 5 BALANCE SHEET INVESTMENT M&A DIVIDENDS BUYBACKS Through Cycle Resiliency Capex: 3-5% of Revenues Disciplined Approach Annual Dividend at $500M Share Repurchase Maintain ~$1B Liquidity Technology Investment to Strategic Advantage $1.00/S
Slide 7: Q3'25 Segment Overview
Q3’25 SEGMENT OVERVIEW Weatherford International Plc. 7
Slide 8: Drilling and Evaluation
Drilling and Digitally Enabledand Completions Victus®Production and Intervention Centro Real-Time Evaluation Well Construction Centro Well Construction Offerings Intelligent MPD Planning and Optimization Platform Drilling Data Services OPERATIONAL & TECHNOLOGY HIGHLIGHTS: Q3'25 Q3'25 Revenue Differe
Slide 9: Well Construction and Completions
Well Construction Digitally Well Enabledand Completions Vero® Production Construction Automatedand Intervention Accuview® Real-time and Completions Offerings Connection Integrity Remote Support OPERATIONAL & TECHNOLOGY HIGHLIGHTS: Q3'25 Q3'25 Revenue Differentiated Position Other 8% Tubular Running
Slide 10: Production and Intervention
Production and Digitally Well Enabledand Completions Weatherford Construction Autonomous Production and Intervention Cygnet® SCADA Platform ForeSite® Flow: Hybrid Physical Intervention Offerings Surveillance Program for Industrial Operations and Virtual Flow Measurement OPERATIONAL & TECHNOLOGY HIGH
Slide 11: Industrial Intelligence
Industrial Intelligence Transform Your Data From field to strategy, connect physical operations with digital execution. Built to scale across the enterprise and designed for every user—spanning field technicians to executives—Industrial Intelligence empowers smarter decisions where they matter most.
Slide 12: Strategic Priorities Update
STRATEGIC PRIORITIES UPDATE Weatherford International Plc. 12
Slide 13: Our Mission, Our Vision
Our Mission Producing energy for today and tomorrow. Our Vision As a global leader in energy services, operators trust Weatherford to drive maximum value, streamline operations, and enhance safety. In partnership with our customers, we are committed to producing innovative energy solutions that are
Slide 14: Strategic Priorities 2025 Tactical Focus Areas Goal
STRATEGIC PRIORITIES 2025 TACTICAL FOCUS AREAS GOAL Financial Performance Net Working Capital Efficiency Customer Experience Sustainable Organizational Vitality Profitability Growth Vectors Positive LEAN Operations Free Cash Flow Structural Cost Creating The Future Weatherford International Plc. 14
Slide 15: Our Strategic Priorities
Our Strategic Priorities Q3’25 Adj. FCF* conversion ratio at 36.8% FINANCIAL PERFORMANCE Q3’25 ROIC* of 19.5% and ROA** of 7.7% In Oman, Weatherford achieved an outstanding Non-Productive Time performance of less than 1% for PDO Oman CUSTOMER EXPERIENCE In Colombia, Weatherford delivered an
Slide 16: Financial Performance Update
FINANCIAL PERFORMANCE UPDATE Weatherford International Plc. 16
Slide 17: Consolidated Revenue Performance
Q3’25 Consolidated Revenue Performance Revenue & Adj. EBITDA Margins* Q3’25 Geography Revenue Change (%) Seq. (%) YoY (%) $1,500 25.2% 21.1% 21.8% 10% $1,400 1% 2% $1,300 (1%) (0%) (2%) $1,200 (9%) $1,409 $1,100 $1,204 $1,232 $1,000 (40%) $900 NAM LAM MENA ESSR Q3'24 Q2'25 Q3'25 Revenue ($ million)
Slide 18: Consolidated Financial Summary
CONSOLIDATED FINANCIAL SUMMARY ($ in millions, except per share data) INCOME STATEMENT Q3’25 Δ Seq. Δ YoY Services Revenue $760 4% (13%) Revenue: 2% sequential increase in Products Revenue $472 - (13%) Total Revenues Q3’25, primarily driven by higher $1,232 2% (13%) Operating Income $178 (25%) (27
Slide 19: Drilling & Evaluation
Q3’25 Drilling & Evaluation ($ in Millions) Q3'25 Q2’25 Q3’24 Seq (%) YoY (%) Revenue $346 $335 $435 3% (20%) Segment Adj. EBITDA $83 $69 $111 20% (25%) Segment Adj. EBITDA margin (%) 24.0% 20.6% 25.5% 339 bps (153 bps) Segment Revenue Commentary: Sequential growth of 3%, primarily from higher Dri
Slide 20: Well Construction & Completions
Q3’25 Well Construction & Completions ($ in Millions) Q3'25 Q2’25 Q3’24 Seq (%) YoY (%) Revenue $468 $456 $509 3% (8%) Segment Adj. EBITDA $125 $118 $151 6% (17%) Segment Adj. EBITDA margin (%) 26.7% 25.9% 29.7% 83 bps (296 bps) Segment Revenue Commentary: Sequential growth of 3%, primarily from h
Slide 21: Production & Intervention
Q3’25 Production & Intervention ($ in Millions) Q3'25 Q2’25 Q3’24 Seq (%) YoY (%) Revenue $326 $327 $371 - (12%) Segment Adj. EBITDA $59 $63 $83 (6%) (29%) Segment Adj. EBITDA margin (%) 18.1% 19.3% 22.4% (117 bps) (427 bps) Segment Revenue Commentary: Sequentially flat, primarily from lower Sub-s
Slide 22: Cash & Capital Discipline
Cash & Capital Discipline Disciplined increase in Capex, while delivering on Adj. Free Cash Flow* Q3’25 Highlights Adj. NWC* as % of TTM revenue in Q3’25 was higher vs. Q3’24 Adj. NWC*: $1,472 million Q3’25 Capex: $44 million Adj. FCF*: $99 million primarily on account of lower revenue base, and l
Slide 23: Outlook
2025 Outlook 2025 Mid-point Q4’25 Mid-point REVENUES $4.85 - $4.93 Billion $4.89 Billion $1.245 - $1.28 Billion $1.263 Billion ADJUSTED EBITDA* $1,050 - $1,063 Million $1,057 Million $274 - 287 Million $281 Million ADJUSTED $345 Million + $100 Million+ FREE CASH Subject to collections from a FLOW* S
Slide 24: Why Invest in Weatherford
WHY INVEST IN WEATHERFORD 1 Differentiated suite of products and services with leading technologies across the portfolio 2 International and offshore relative stability and resilience LONG-TERM SHAREHOLDER 3 Top-tier operational and financial performance VALUE CREATION 4 Strategy towards asset light
Slide 25: Appendix
APPENDIX Weatherford International Plc. 25
Slide 26: Appendix A: Non-GAAP Financial Measures Defined
Appendix A Non-GAAP Financial Measures Defined (Unaudited) We report our financial results in accordance with U.S. generally accepted accounting principles (GAAP). However, Weatherford’s management believes that certain non-GAAP financial measures (as defined under the SEC’s Regulation G and Item 10
Slide 27: Appendix B: GAAP to Non-GAAP Reconciled
Appendix B GAAP to Non-GAAP Financial Measures Reconciled (Unaudited) $ in Millions Quarters Ended 9/30/25 6/30/25 9/30/24 Revenues $ 1,232 $ 1,204 $ 1,409 Net Income Attributable to Weatherford $ 81 $ 136 $ 157 Net Income Margin 6.6% 11.3% 11.1% Adjusted EBITDA* $ 269 $ 254 $ 355 Adjusted EBITDA Ma
Slide 28: Appendix C: GAAP to Non-GAAP Reconciled
Appendix C $ in Millions Quarters Ended GAAP to Non-GAAP Financial Measures Reconciled 6/30/25 9/30/25 (Unaudited) 3/31/25 12/31/24 9/30/24 Total Current Assets $ 3,476 $ 3,328 $ 3,264 $ 3,402 $ 3,400 Total Current Liabilities 1,678 1,503 1,567 1,696 1,667 Working Capital $ 1,798 $ 1,825 $ 1,697 $ 1
Slide 29: Appendix D: GAAP to Non-GAAP Reconciled
Appendix D GAAP to Non-GAAP Financial Measures Reconciled (Unaudited) $ in Millions 9/30/25 6/30/25 3/31/25 12/31/24 9/30/24 6/30/24 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23 12/31/22 9/30/22 6/30/22 3/31/22 Short-term Borrowings and Current Portion of Long-term Debt $ 126 $ 26 22 $ 17 $ 21 $ 20 $ 10
Slide 30: Appendix E: GAAP to Non-GAAP Reconciled
Appendix E GAAP to Non-GAAP Financial Measures Reconciled (Unaudited) $ in Millions Trailing Twelve Months Ending 9/30/25 6/30/25 9/30/24 Numerator Net Income Attributable to Weatherford $ 405 $ 481 $ 534 Denominator Average Total Shareholders' Equity $ 1,462 $ 1,380 $ 1,060 Net Income Attributable
Slide 31: Appendix F: Supplemental Financial Information
Appendix F Supplemental Financial Information (Unaudited) $ in Millions Trailing Twelve Months Ending 9/30/25 6/30/25 9/30/24 Numerator Net Income Attributable to Weatherford $ 405 $ 481 $ 534 Denominator Average Total Assets¹ $ 5,230 $ 5,126 $ 5,042 ROA (Return on Assets) 7.7% 9.4% 10.6% Weatherfor
Slide 32: Appendix G: Supplemental Financial Information
Appendix G Supplemental Financial Information (Unaudited) $ in Millions Quarters Ended Selected Balance Sheet Data 9/30/25 6/30/25 9/30/24 6/30/24 9/30/23 Total Assets $ 5,272 $ 5,141 $ 5,188 5,111 $ 4,895 Current Portion of Long-term Debt 126 26 21 20 91 Long-term Debt 1,462 1,565 1,627 1,628 1,864
Slide 33: Thank You
THANK YOU FOR FURTHER Weatherford.com Linkedin.com/Company/Weatherford COMPANY INFORMATION Facebook.com/Weatherford WE INVITE YOU TO VISIT @WeatherfordCorp YouTube.com/Weatherford @WeatherfordCorp Weatherford International Plc. 33
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