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Stock impact report

Weatherford International Q1 Earnings Call Highlights [Yahoo! Finance]

Weatherford International plc - Ordinary shares (WFRD) 
Company Research Source: Yahoo! Finance
million (20.2% margin) and adjusted free cash flow of $85 million, ended the quarter with about $1.05 billion in cash and net leverage well below 0.5x while returning $30 million to shareholders. Iran conflict impact: Management said disruptions from the Iran conflict and Strait of Hormuz closures hurt activity, logistics and costs and are expected to reduce first-half profits by roughly $30–$50 million, driving softer Q2 guidance (revenue $1.017–1.110B; adj. EBITDA $195–220M). Cash collection and strategic moves: Strong, consistent collections in Mexico (backed by a $13 billion payment mechanism and ~$283 million owed by the largest customer) improved working capital, while Weatherford pursues small non-core divestitures and a proposed redomestication to the U.S. to simplify structure and support M&A/tax goals. Interested in Weatherford International PLC? Here are five stocks we like better. 3 Oil & Gas Gear Makers With Triple-Digit EPS Growth Forecasts Weatherford Internat Show less Read more
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