StreetInsider.com News Articles

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

Investing.com -- Barclays analyzed compensation structures and board composition for seven major US energy service companies across three time periods spanning 2013 to 2025, examining how pay metrics have evolved through different industry cycles.

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Short-term compensation targets remain closely linked to industry cycles. EBITDA and EBIT represented the most common metrics in 2025 with a 34% relative weighting, followed by free cash flow at 23%. Both metrics correlate with upstream spending

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Barclays reviews compensation at US energy service companies

Wed, 03 Jun 2026 08:21:54 -0400

The analysis covered SLB, HAL, BKR, WFRD, NOV, FTI, and HP, reviewing their proxy statements from peak cycle year 2013, trough cycle year 2019, and the emerging cycle period of 2024-2025.

Weatherford seeks shareholder approval for move from Ireland to US

Mon, 01 Jun 2026 16:30:57 -0400

Weatherford International plc (NASDAQ: WFRD) filed a definitive proxy statement with the Securities and Exchange Commission on April 21, 2026, seeking shareholder approval to redomesticate from Ireland to the United States, according to a company statement.

The energy services company estimates the move could generate $20 million to $30 million in annual cash savings beginning in 2027 if completed in 2026. Weatherford states the redomestication supports its goal of achieving approximately 50% annual adjusted free cash flow conversion.

The company cites several anticipated benefits from the move, including simplified corporate structure, increased financial and operational flexibility, broader access to US shareholders and

Weatherford Details Value-Driven Case for Redomestication, Encourages Shareholders to Vote FOR Proposal

Mon, 01 Jun 2026 16:30:00 -0400

HOUSTON, June 01, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) filed its definitive proxy statement (the “Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) on April 21, 2026, in connection with Weatherford’s proposal to Redomesticate from Ireland to the United States of America (the “U.S.”). Capitalized terms used herein but not defined have the meanings set forth in the Proxy Statement.

As explained in the Proxy Statement, we believe that moving from Ireland back to the U.S. provides Weatherford and its shareholders with certain unique financial, operational,

Weatherford Details Value-Driven Case for Redomestication, Encourages Shareholders to Vote FOR Proposal

Mon, 01 Jun 2026 16:30:00 -0400

As explained in the Proxy Statement, we believe that moving from Ireland back to the U.S. provides Weatherford and its shareholders with certain unique financial, operational,

Weatherford to acquire NCS Multistage in stock and cash deal

Mon, 01 Jun 2026 07:00:37 -0400

Weatherford International plc (NASDAQ: WFRD) announced a definitive agreement to acquire NCS Multistage Holdings, Inc. (NASDAQ: NCSM) in a transaction that offers stockholders either Weatherford common stock or a combination of stock and cash.

Under the agreement terms, NCS Multistage stockholders can elect to receive 0.554 shares of Weatherford common stock or a combination of 0.239 shares of Weatherford stock plus cash equal to 0.137 shares of Weatherford stock. On a blended basis, the deal equates to 0.463 shares of Weatherford common stock for each NCS Multistage share, with up to 19.99% payable in cash.

The acquisition aims to expand Weatherford's well

Weatherford to acquire NCS Multistage in stock and cash deal

Mon, 01 Jun 2026 07:00:37 -0400

The acquisition aims to expand Weatherford's well

Weatherford Announces Definitive Agreement to Acquire NCS Multistage, Expanding Completions Portfolio and Unconventional Resource Exposure

Mon, 01 Jun 2026 07:00:00 -0400

HOUSTON, June 01, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) and NCS Multistage Holdings, Inc. (NASDAQ: NCSM) (“NCS Multistage”) today announced that Weatherford has entered into a definitive agreement to acquire NCS Multistage. Under the terms of the agreement, NCS Multistage stockholders have an election to receive either Weatherford common stock or a combination of Weatherford common stock and cash. On a blended basis, this is expected to be the equivalent of 0.463 shares of Weatherford common stock for each NCS Multistage share with up to 19.99% of this payable in

Weatherford Announces Definitive Agreement to Acquire NCS Multistage, Expanding Completions Portfolio and Unconventional Resource Exposure

Mon, 01 Jun 2026 07:00:00 -0400

Weatherford Announces Definitive Agreement to Acquire NCS Multistage, Expanding Completions Portfolio and Unconventional Resource Exposure

Mon, 01 Jun 2026 07:00:00 -0400

Weatherford Announces Definitive Agreement to Acquire NCS Multistage, Expanding Completions Portfolio and Unconventional Resource Exposure

Mon, 01 Jun 2026 07:00:00 -0400

Weatherford wins ExxonMobil deepwater completions contract in Nigeria

Thu, 21 May 2026 08:30:09 -0400

Weatherford International plc (NASDAQ: WFRD) announced it received a deepwater integrated completions contract from Esso Exploration & Production Nigeria Ltd., an ExxonMobil affiliate, for offshore Nigeria operations.

The contract covers integrated upper and lower completions solutions for deepwater wells. Weatherford will focus on supporting safety, reliability, well integrity, and operational efficiency throughout the well lifecycle, according to the company's statement.

The integrated completions equipment will be configured through Weatherford's global supply chain and supported locally in Nigeria to enable in-country execution and service delivery, in accordance with contract terms.

"This contract reflects our ability to deliver integrated completions solutions for deepwater operations," said

Weatherford Awarded Deepwater Integrated Completions Contract with ExxonMobil in Nigeria

Thu, 21 May 2026 08:30:00 -0400

HOUSTON, May 21, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria Ltd. (“EEPNL”), an ExxonMobil affiliate, for offshore Nigeria.

The contract falls within Weatherford’s Well Construction and Completions portfolio. Weatherford will provide integrated upper and lower completions solutions for deepwater wells, with a scope focused on supporting safety, reliability, well integrity, and operational efficiency over the lifecycle of the well.

The integrated completions equipment will be configured and prepared through Weatherford’s global

Weatherford Awarded Deepwater Integrated Completions Contract with ExxonMobil in Nigeria

Thu, 21 May 2026 08:30:00 -0400

The integrated completions equipment will be configured and prepared through Weatherford’s global

Weatherford Releases 2025 Sustainability Report

Thu, 14 May 2026 16:30:00 -0400

HOUSTON, May 14, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today the release of the 2025 Sustainability Report, reflecting continued sustainability progress and highlighting the impact of efforts across operations.

Girish Saligram, Weatherford’s President and Chief Executive Officer, commented, “At Weatherford, sustainability continues to be an important factor in how we operate, innovate, and deliver value to our customers. Over the past year, we have built on our progress, strengthening our approach and advancing initiatives that support long-term performance. As the global landscape continues to shift, we remain

Weatherford Releases 2025 Sustainability Report

Thu, 14 May 2026 16:30:00 -0400

Weatherford International plc (WFRD) PT Raised to $156 at Barclays

Fri, 08 May 2026 04:09:17 -0400

Barclays analyst David Anderson raised the price target on Weatherford International plc (NASDAQ: WFRD) to $156.00 (from $111.00) while maintaining a Overweight rating.

Weatherford wins managed pressure drilling contract in Brazil

Thu, 07 May 2026 08:30:22 -0400

Weatherford International plc (NASDAQ: WFRD) announced it has been selected by Ventura Offshore Holding Ltd to provide a managed pressure drilling solution for the SSV Victoria offshore drilling rig in Brazil.

The contract includes delivery of Weatherford's G3 Integrated Riser Joint MPD system, along with rig preparation, system integration, and long-term aftermarket maintenance services for operations in Brazil's Búzios Field.

The managed pressure drilling technology is designed for deepwater wells with tight pressure windows. Weatherford stated its MPD IRJ technology is the most widely deployed MPD solution in Brazil, supported by local teams providing engineering, maintenance, and field support.

"We appreciate Ventura Offshore's

Weatherford wins managed pressure drilling contract in Brazil

Thu, 07 May 2026 08:30:22 -0400

"We appreciate Ventura Offshore's

Weatherford wins managed pressure drilling contract in Brazil

Thu, 07 May 2026 08:30:22 -0400

"We appreciate Ventura Offshore's