Weatherford Closes NCS Multistage Acquisition, Expanding Well Completions Portfolio
WFRD sits 63% above its 52-week low of $60.235.
Summary
Weatherford completed its acquisition of NCS Multistage, a provider of multistage completions technology. The deal was previously announced and detailed in an S-4 filing on July 6, 2026. Closing the acquisition adds NCS's differentiated completions portfolio to Weatherford's offerings, strengthening its position in the well completions market. The transaction is now effective, and integration can begin. No financial terms were disclosed in the headline. Weatherford International filed an 8-K with the SEC regarding other events.
At the time of this announcement, WFRD was trading at $97.95 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $7B. The 52-week trading range was $60.23 to $113.15. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.