Weatherford to Redomesticate to US with Texas as New Legal Domicile, Enhancing Shareholder Value

Weatherford International is proposing to redomesticate its parent company from Ireland to the United States, with Texas as its new legal domicile. The move is expected to simplify the company's structure, improve access to capital, and enhance long-term shareholder value. Weatherford's global operational headquarters has been in Houston for two decades, and the company maintains a substantial presence across Texas and the U.S. energy corridor. The redomestication is expected to be completed in Q3 2026, subject to shareholder and customary approvals.