Weatherford plans to move corporate domicile from Ireland to Texas

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Weatherford Announces Proposal to Redomesticate to the United States, Establishing Texas as New Legal Domicile

April 2, 2026 4:34 PM EDT

HOUSTON, April 02, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (Weatherford or the Company) today announced its proposal to reorganize the Companys corporate structure by redomesticating its parent company from Ireland to the United States, with Texas as the parent companys new legal home. The proposed redomestication is expected to be completed in the third quarter of 2026, subject to shareholder and other customary approvals for a transaction of this type.

Weatherfords global operational headquarters has been located in Houston for more than two decades, and the Company maintains a substantial... More