Weatherford International WFRD WCC — Restructuring Charges
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Where this comes from
Reported directly by Weatherford International in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The official record: Weatherford International’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Weatherford International's WCC — restructuring charges?
- Weatherford International (WFRD) reported WCC — restructuring charges of $1M in Q1 2026.
- How has Weatherford International's WCC — restructuring charges changed year-over-year?
- Weatherford International's WCC — restructuring charges decreased by 85.7% year-over-year, from $7M to $1M.
- What does WCC — restructuring charges mean?
- This captures the costs incurred by the Well Construction segment related to organizational changes, such as workforce reductions, facility closures, or business process reengineering. These charges are typically non-recurring and are intended to improve long-term operational efficiency. Investors monitor these to understand the impact of strategic pivots on the segment's short-term financial results.