Cost Cuts Dividend

Weatherford cut personnel‑related costs by more than $150 million in 2025 and continues to optimize its cost structure. It forecasts adjusted free cash flow to fall in the low‑to‑mid‑40 % range for 2026, supported by a net leverage of 0.42x and roughly $1 billion in cash and restricted cash. The company raised its quarterly dividend by 10% and reiterated a plan to return about 50% of adjusted free cash flow to shareholders over time.