{"id":888551,"date":"2025-09-22T18:31:24","date_gmt":"2025-09-22T22:31:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/weatherford-announces-credit-rating-upgrades-from-moodys-sp-and-fitch\/"},"modified":"2025-09-22T18:31:24","modified_gmt":"2025-09-22T22:31:24","slug":"weatherford-announces-credit-rating-upgrades-from-moodys-sp-and-fitch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/weatherford-announces-credit-rating-upgrades-from-moodys-sp-and-fitch\/","title":{"rendered":"Weatherford Announces Credit Rating Upgrades from Moody\u2019s, S&amp;P, and Fitch"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">HOUSTON, Sept.  22, 2025  (GLOBE NEWSWIRE) &#8212; Weatherford International plc (NASDAQ: WFRD) (\u201cWeatherford\u201d or the \u201cCompany\u201d) today announced that Moody\u2019s Investor Services, S&amp;P Global Ratings, and Fitch Ratings have recently upgraded the Company\u2019s ratings, underscoring the progress Weatherford has made in strengthening its financial profile, operational performance, and balance sheet flexibility.<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>Moody\u2019s Investors Service<\/strong> upgraded Weatherford\u2019s Corporate Family Rating to \u2018Ba2\u2019 from \u2018Ba3\u2019 with a Positive Outlook. The rating upgrade reflects the Company\u2019s conservative financial policies, declining debt, and Moody\u2019s expectation that the Company will continue to generate positive free cash flow and improve its credit metrics.<\/li>\n<li style=\"text-align:justify\">\n          <strong>S&amp;P Global Ratings<\/strong> upgraded Weatherford\u2019s issuer credit rating to \u2018BB\u2019 from \u2018BB-\u2019 with a Stable Outlook. The rating upgrade reflects S&amp;P\u2019s expectation that the Company\u2019s credit metrics will support the rating over the next 12 months despite lower oil and gas exploration and production (E&amp;P) activity.<\/li>\n<li style=\"text-align:justify\">\n          <strong>Fitch Ratings<\/strong> upgraded Weatherford\u2019s Issuer Default Rating to &#8216;BB&#8217; from \u2018BB-\u2019 with a Stable Outlook. The rating upgrade reflects Fitch&#8217;s expectation of continued margin improvement relative to peers, significant diversification, size and scale, enhanced liquidity, and balanced capital allocation strategy.<\/li>\n<\/ul>\n<p align=\"justify\">Girish Saligram, President and Chief Executive Officer of Weatherford, commented, \u201cReceiving upgrades from Moody\u2019s, S&amp;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.\u201d<\/p>\n<p>\n        <strong>About Weatherford<\/strong>\n      <\/p>\n<p align=\"justify\">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\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QIhnmgpy2ggoHPHHt64EfNlyndJul7Zk-ykPimPguHEgOlBqJrHvvybBhBblE52Z65KfW0N3Gd-aWw6avOT9x4dasB81ABRlOcvAK5TUCyF0zlZHwRnovWMNV38rHaVQ0GkaYZ9IlDD8qHzQXGVLz_TOPCELK-5PB8vBwrX89aLyZyiZQHTPs2RcpX-UVpun8dVvAN3JYybD4NETWEATV-p0F1zIldhm18Tpus5IRJzvWRy4NoFoJ8Ma3DXWdRDQO0YlexRMTLELUGsirbo3aQ==\" rel=\"nofollow\" target=\"_blank\"><strong>weatherford.com<\/strong><\/a>\u00a0for more information and connect with us on social media.<\/p>\n<p align=\"justify\">\n        <strong>For Investors:<\/strong><br \/>\n        <br \/>Luke Lemoine<br \/>Weatherford Investor Relations<br \/>+1 713-836-7777<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RJcEu6xpr3nRqpcHJWSiQ0kBWjBNL-18QpalaGwVmGPPOxkaSkyDkBU7FFYxOKQcARMAh7-3Pk8S3D1YSsWcsIR_DxZ_bfiyxAL83BJ-yPUHDNy7jZwgq7iONJ_ROGyceehSBr1qcKoTKFzdnVbtzZnaTmDgBb5LKk9HMgdDN-2wvQm_0J-d1vjxO0P_V07Q3LYn4tuKai9hBCevX6T0CkgMdhkcaHCEqwEqNG7RRwsDkyxF6bWJlBxuob8txMZNog6nVPgPgrHGZEdkGWSCmDwXlqiluFnYyQZbzKPFgYvVfCR0ybFx8YB-Pxtl6iuUUsPEAKhUOsm1VZTunRyXcw==\" rel=\"nofollow\" target=\"_blank\">investor.relations@weatherford.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>For Media:<\/strong><br \/>\n        <br \/>Kelley Hughes<br \/>Weatherford Communications, Marketing and Sustainability <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9WTmQA-zkCO4fihZHM2eVDTJFM7x2E3DIv19kAP6IYM8ugRT0R7JUiGcjVgUU2BT5X01P-eCTWRi835cHeTUWtBZDHM-ODGICfSZv2_v5V0=\" rel=\"nofollow\" target=\"_blank\">media@weatherford.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUzMzQwOSM3MTU5NjYyIzIwMDY5NDY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZWE5YmIzNzUtNzU0ZS00MjNmLWJjOGItYzJmMDFiNDQzMzYxLTEwMTg1MTktMjAyNS0wOS0yMi1lbg==\/tiny\/Weatherford-International-LLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) &#8212; Weatherford International plc (NASDAQ: WFRD) (\u201cWeatherford\u201d or the \u201cCompany\u201d) today announced that Moody\u2019s Investor Services, S&amp;P Global Ratings, and Fitch Ratings have recently upgraded the Company\u2019s ratings, underscoring the progress Weatherford has made in strengthening its financial profile, operational performance, and balance sheet flexibility. Moody\u2019s Investors Service upgraded Weatherford\u2019s Corporate Family Rating to \u2018Ba2\u2019 from \u2018Ba3\u2019 with a Positive Outlook. The rating upgrade reflects the Company\u2019s conservative financial policies, declining debt, and Moody\u2019s expectation that the Company will continue to generate positive free cash flow and improve its credit metrics. S&amp;P Global Ratings upgraded Weatherford\u2019s issuer credit rating to \u2018BB\u2019 from \u2018BB-\u2019 with a Stable Outlook. The rating upgrade reflects S&amp;P\u2019s expectation that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/weatherford-announces-credit-rating-upgrades-from-moodys-sp-and-fitch\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Weatherford Announces Credit Rating Upgrades from Moody\u2019s, S&amp;P, and Fitch&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-888551","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Weatherford Announces Credit Rating Upgrades from Moody\u2019s, S&amp;P, and Fitch - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/weatherford-announces-credit-rating-upgrades-from-moodys-sp-and-fitch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weatherford Announces Credit Rating Upgrades from Moody\u2019s, S&amp;P, and Fitch - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) &#8212; Weatherford International plc (NASDAQ: WFRD) (\u201cWeatherford\u201d or the \u201cCompany\u201d) today announced that Moody\u2019s Investor Services, S&amp;P Global Ratings, and Fitch Ratings have recently upgraded the Company\u2019s ratings, underscoring the progress Weatherford has made in strengthening its financial profile, operational performance, and balance sheet flexibility. Moody\u2019s Investors Service upgraded Weatherford\u2019s Corporate Family Rating to \u2018Ba2\u2019 from \u2018Ba3\u2019 with a Positive Outlook. The rating upgrade reflects the Company\u2019s conservative financial policies, declining debt, and Moody\u2019s expectation that the Company will continue to generate positive free cash flow and improve its credit metrics. S&amp;P Global Ratings upgraded Weatherford\u2019s issuer credit rating to \u2018BB\u2019 from \u2018BB-\u2019 with a Stable Outlook. 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Moody\u2019s Investors Service upgraded Weatherford\u2019s Corporate Family Rating to \u2018Ba2\u2019 from \u2018Ba3\u2019 with a Positive Outlook. The rating upgrade reflects the Company\u2019s conservative financial policies, declining debt, and Moody\u2019s expectation that the Company will continue to generate positive free cash flow and improve its credit metrics. S&amp;P Global Ratings upgraded Weatherford\u2019s issuer credit rating to \u2018BB\u2019 from \u2018BB-\u2019 with a Stable Outlook. 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