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On the Record · Weatherford International

Weatherford International acquisitions, on the record

The businesses Weatherford International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
ISI Holding Company, LLC
Word for word“On February 1, 2024, we entered into merger agreements to acquire ISI Holding Company, LLC and Probe Technologies Holdings, Inc., which will strengthen our existing wireline business within our DRE segment.” 10-K for 2023
agreed acquisitionFebruary 1, 2024—
Businesses acquired in 2024 (not individually named in the filing)
Word for word“During the year ended December 31, 2024, we closed on acquisitions with total consideration of $ 160 million, which includes $ 51 million in cash net of cash acquired and 0.9 million of our ordinary shares valued at $ 79 million on the closing dates.” 10-K for 2024
acquisitionDuring the year ended December 31, 2024$ 160 million
pressure pumping business in Argentina
Word for word“In April 2025, we completed the sale of our pressure pumping business in Argentina for proceeds totaling $ 104 million consisting of $ 7 million of proceeds received in the fourth quarter of 2024 and $ 97 million of proceeds received in the second quarter of 2025.” 10-K for 2025
divestitureIn April 2025$ 104 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$5 million——
2017-12-31$7 million——
2018-12-31−$4 million$257 million$27 million
2019-12-13$0$328 million—
2020-12-31$0$11 million—
2021-12-31—$0—
2022-12-31$0$0—
2023-12-31$4 million$0—
2024-12-31$51 million$0—
2025-12-31$0$97 million—

Deal filings since 2016

Read from Weatherford International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-04. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.