Weatherford Agrees To Acquire NCS Multistage In Deal
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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.
Prepared by Christopher Adams and reviewed by editorial team.
Timeline of Events
- June 1, 2026 — Weatherford and NCS Multistage jointly announce definitive acquisition agreement.
- June 1, 2026 — Deal terms disclosed: 0.463 blended Weatherford shares per NCS share; up to 19.99% cash.
- Early June 2026 — Boards of both companies and NCS controlling stockholder approve the transaction.
- Second half of 2026 — Companies state the transaction is expected to close, subject to regulatory approvals.
- Within 18 months after closing — Weatherford expects to realize at least $15 million in annual cost synergies.
Why This Matters to You
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.
The Bottom Line
Weatherford's acquisition of NCS Multistage could lead to cost savings and increased cash flow. However, the deal still needs regulatory approval. It's a reminder to stay informed about your investments. Worth forwarding if you know someone invested in these companies.
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Weatherford shareholders, customers, and operational partners are positioned to benefit from an expanded completions technology portfolio, expected annual cost synergies of at least $15 million within 18 months, and immediate accretion to adjusted free cash flow per share as stated by the companies.
Minority NCS Multistage shareholders will need to elect stock or stock-plus-cash per the deal terms, and competing completions vendors may face intensified competition as the combined firm expands its technology offerings.
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Weatherford Agrees To Acquire NCS Multistage In Deal
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