Weatherford Announces Credit Rating Upgrades from Moody’s, S&P, and Fitch
Weatherford (NASDAQ: WFRD) has received credit rating upgrades from three major rating agencies, reflecting the company's strengthened financial position. Moody's upgraded the Corporate Family Rating to 'Ba2' from 'Ba3' with a Positive Outlook, S&P raised the issuer credit rating to 'BB' from 'BB-' with a Stable Outlook, and Fitch upgraded the Issuer Default Rating to 'BB' from 'BB-' with a Stable Outlook.
The upgrades acknowledge Weatherford's improved financial profile, conservative policies, debt reduction, positive free cash flow generation, and enhanced operational performance. CEO Girish Saligram emphasized these actions validate the company's business model resilience and disciplined capital allocation approach.
Weatherford (NASDAQ: WFRD) ha ricevuto upgrade di rating da tre grandi agenzie, riflettendo la posizione finanziaria rafforzata dell'azienda. Moody's ha innalzato il Corporate Family Rating a 'Ba2' da 'Ba3' con una Positive Outlook, S&P ha innalzato l'issuer credit rating a 'BB' da 'BB-' con una Stable Outlook, e Fitch ha migliorato l'Issuer Default Rating a 'BB' da 'BB-' con una Stable Outlook.
Le upgrade riconoscono il profilo finanziario migliorato di Weatherford, politiche conservative, riduzione del debito, generazione di cash flow libero positivo e migliorata performance operativa. Il CEO Girish Saligram ha sottolineato che queste azioni convalidano la resilienza del modello di business e l'approccio disciplinato all'allocazione del capitale.
Weatherford (NASDAQ: WFRD) ha recibido mejoras de calificación crediticia por parte de tres grandes agencias, reflejando la posición financiera fortalecida de la empresa. Moody's ha elevado el Corporate Family Rating a 'Ba2' desde 'Ba3' con una perspectiva Positiva, S&P ha elevado la calificación de emisor a 'BB' desde 'BB-' con una perspectiva Estable, y Fitch ha mejorado el Issuer Default Rating a 'BB' desde 'BB-' con una perspectiva Estable.
Las mejoras reconocen el perfil financiero mejorado de Weatherford, políticas conservadoras, reducción de la deuda, generación de flujo de caja libre positivo y desempeño operativo mejorado. El CEO Girish Saligram enfatizó que estas acciones validan la resiliencia del modelo de negocio y el enfoque disciplinado de asignación de capital.
Weatherford (NASDAQ: WFRD)가 세 대형 신용평가사의 등급 상향을 받았으며, 이는 회사의 강화된 재무 상태를 반영한다. Moody's가 Corporate Family Rating을 'Ba2'로 상향하고 전망은 Positive로, S&P가 issuer credit rating을 'BB'로 상향하고 전망은 Stable, Fitch가 Issuer Default Rating을 'BB'로 상향하고 전망은 Stable로 조정했다.
이러한 상향은 Weatherford의 개선된 재무 프로필, 보수적 정책, 부채 축소, 긍정적인 자유 현금 흐름 창출 및 향상된 운영 성과를 인정한다. CEO Girish Saligram은 이러한 조치들이 회사의 비즈니스 모델 회복력과 자본 배분의 규율 있는 접근 방식을 검증한다고 강조했다.
Weatherford (NASDAQ: WFRD) a reçu des révisions à la hausse de la notation de la part de trois grandes agences de rating, reflétant l'amélioration de la position financière de l'entreprise. Moody's a relevé le Corporate Family Rating à 'Ba2' contre 'Ba3' avec une perspective Positive, S&P a relevé la note d'émetteur à 'BB' contre 'BB-' avec une perspective Stable, et Fitch a amélioré l'Issuer Default Rating à 'BB' contre 'BB-' avec une perspective Stable.
Ces améliorations reconnaissent le profil financier amélioré de Weatherford, des politiques prudentes, la réduction de la dette, la génération de flux de trésorerie libre positif et une performance opérationnelle renforcée. Le PDG Girish Saligram a souligné que ces mesures valident la résilience du modèle économique de l'entreprise et son approche disciplinée de l'allocation du capital.
Weatherford (NASDAQ: WFRD) hat Kreditrating-Upgrades von drei großen Rating-Agenturen erhalten, was die gestärkte finanzielle Position des Unternehmens widerspiegelt. Moody's hob das Corporate Family Rating auf 'Ba2' von 'Ba3' mit einem positiven Ausblick an, S&P erhob das Emittentenrating auf 'BB' von 'BB-' mit einem stabilen Ausblick, und Fitch verbessserte das Issuer Default Rating auf 'BB' von 'BB-' mit einem stabilen Ausblick.
Diese Upgrades würdigen Weatherlords verbessertes Finanzprofil, konservative Richtlinien, Schuldenabbau, positive freie Cashflow-Erzeugung und verbesserte operative Leistung. Der CEO Girish Saligram betonte, dass diese Maßnahmen die Widerstandsfähigkeit des Geschäftsmodells und den disziplinierte Kapitalallokationsansatz des Unternehmens bestätigen.
Weatherford (NASDAQ: WFRD) قد تلقّت ترقية في تصنيفات الائتمان من ثلاث وكالات تصنيف رئيسية، مما يعكس الوضع المالي القوي للشركة. Moody's رفع التصنيف العائلي للشركة إلى 'Ba2' من 'Ba3' مع نظرة مستقبلية إيجابية، وS&P رفع التصنيف الائتماني للمصدر إلى 'BB' من 'BB-' مع نظرة مستقبلية مستقرة، وFitch حسّن Issuer Default Rating إلى 'BB' من 'BB-' مع نظرة مستقبلية مستقرة.
تُعترف هذه الترقيات بتحسن الملف المالي للشركة، السياسات المحافظة، خفض الدين، توليد تدفق نقدي حر إيجابي وتحسن الأداء التشغيلي. وأكد الرئيس التنفيذي Girish Saligram أن هذه الإجراءات تؤكد مرونة نموذج العمل ونهج الشركة في تخصيص رأس المال بشكل منضبط.
Weatherford (NASDAQ: WFRD) 已获得三大评级机构的信用评级上调，反映了公司强化的财务状况。Moody's将 Corporate Family Rating 从 'Ba3' 上调至 'Ba2'，展望为 Positive；S&P将发行人信用等级从 'BB-' 上调至 'BB'，展望为 Stable；Fitch将 Issuer Default Rating 从 'BB-' 上调至 'BB-'，展望为 Stable。
这些上调认可 Weatherford 改善的财务状况、保守的政策、债务减少、正向自由现金流以及提升的运营表现。CEO Girish Saligram 强调，这些举措验证了公司商业模式的韧性及审慎的资本配置策略。
- Credit rating upgrades from all three major rating agencies (Moody's, S&P, and Fitch)
- Positive outlook from Moody's indicates potential for further upgrades
- Demonstrated consistent profitability and robust cash flow generation
- Successful debt reduction and enhanced balance sheet flexibility
- Improved operational performance and margins relative to peers
- Expected lower oil and gas exploration and production activity noted by S&P
Insights
Credit rating upgrades from all three major agencies signal Weatherford's significantly improved financial health, reducing borrowing costs and enhancing investor confidence.
These synchronized rating upgrades from all three major agencies represent a significant positive development for Weatherford. Moody's upgrade to Ba2 from Ba3 with a Positive Outlook, S&P's improvement to BB from BB- with a Stable Outlook, and Fitch's identical upgrade to BB from BB- with Stable Outlook collectively validate the company's financial transformation.
The rating actions highlight several crucial strengths: conservative financial management, declining debt levels, consistent free cash flow generation, and improved credit metrics. S&P specifically noted the company's ability to maintain these metrics despite anticipated lower E&P activity, indicating resilience in challenging market conditions.
These upgrades carry tangible benefits for Weatherford. The company will likely see reduced borrowing costs on future debt issuances, improved access to capital markets, and enhanced credibility with investors and customers. The upgrades also suggest the company has substantial financial flexibility to weather industry downturns while potentially pursuing strategic growth opportunities.
What's particularly notable is Moody's Positive Outlook, suggesting the potential for additional upgrades if current financial trajectories continue. These ratings remain in the non-investment grade category (Ba2/BB are two notches below investment grade), but the consistent upward momentum indicates Weatherford is steadily advancing toward investment-grade status, which would further expand its investor base and reduce capital costs.
HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that Moody’s Investor Services, S&P Global Ratings, and Fitch Ratings have recently upgraded the Company’s ratings, underscoring the progress Weatherford has made in strengthening its financial profile, operational performance, and balance sheet flexibility.
- Moody’s Investors Service upgraded Weatherford’s Corporate Family Rating to ‘Ba2’ from ‘Ba3’ with a Positive Outlook. The rating upgrade reflects the Company’s conservative financial policies, declining debt, and Moody’s expectation that the Company will continue to generate positive free cash flow and improve its credit metrics.
- S&P Global Ratings upgraded Weatherford’s issuer credit rating to ‘BB’ from ‘BB-’ with a Stable Outlook. The rating upgrade reflects S&P’s expectation that the Company’s credit metrics will support the rating over the next 12 months despite lower oil and gas exploration and production (E&P) activity.
- Fitch Ratings upgraded Weatherford’s Issuer Default Rating to 'BB' from ‘BB-’ with a Stable Outlook. The rating upgrade reflects Fitch's expectation of continued margin improvement relative to peers, significant diversification, size and scale, enhanced liquidity, and balanced capital allocation strategy.
Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “Receiving upgrades from Moody’s, S&P, and Fitch is a clear validation of the significant progress Weatherford has made in recent years. These actions recognize the resilience of our business model, our disciplined approach to capital allocation, and our ability to generate consistent profitability and robust cash flow. We remain focused on maintaining a strong balance sheet, enhancing liquidity, and building long-term value for all stakeholders.”
About Weatherford
Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation. The Company conducts business in approximately 75 countries and has approximately 17,300 team members representing more than 110 nationalities and 310 operating locations. Visit weatherford.com for more information and connect with us on social media.
For Investors:
Luke Lemoine
Weatherford Investor Relations
+1 713-836-7777
investor.relations@weatherford.com
For Media:
Kelley Hughes
Weatherford Communications, Marketing and Sustainability
media@weatherford.com
FAQ
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