Weatherford Agrees To Acquire NCS Multistage In Deal
Tap title to read story
HOUSTON. Weatherford International announced on June 1, 2026, that it has entered into a definitive agreement to acquire NCS Multistage, offering NCS shareholders a choice of Weatherford common stock or a stock-plus-cash mix; the blended ratio equals 0.463 Weatherford shares per NCS share with up to 19.99% payable in cash.
The boards of both companies and NCS Multistage’s controlling stockholder approved the transaction this week; Weatherford expects at least $15 million in annual cost synergies within 18 months and immediate accretion to adjusted free cash flow per share. The deal, subject to customary regulatory approvals, is expected to close in the second half of 2026.
More context
Timeline
- 1. June 1, 2026 — Weatherford and NCS Multistage jointly announce definitive acquisition agreement.
- 2. June 1, 2026 — Deal terms disclosed: 0.463 blended Weatherford shares per NCS share; up to 19.99% cash.
- 3. Early June 2026 — Boards of both companies and NCS controlling stockholder approve the transaction.
- 4. Second half of 2026 — Companies state the transaction is expected to close, subject to regulatory approvals.
- 5. Within 18 months after closing — Weatherford expects to realize at least $15 million in annual cost synergies.
Why it matters
This acquisition could impact your investments. If you hold shares in Weatherford or NCS Multistage, your stock value may change. Keep an eye on your portfolio and consider consulting with a financial advisor.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
