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Weatherford Ⓡ Weatherford Announces Second - Quarter 2021 Results • Revenues of $ 903 million increased 9 % sequentially driven by a 12 % increase in service revenues . Exhibit 99.1 News Release • • • Operating income totaled $ 25 million and adjusted EBITDA [ ¹ ] totaled $ 136 million or 15 % adjusted EBITDA margins . Second - quarter cash provided by operating activities totaled $ 46 million and free cash flow [ 1 ] totaled $ 48 million . During the quarter , Weatherford won more than $ 270 million in new and extended commercial awards within our market - leading product lines of Managed Pressure Drilling ( “ MPD ” ) , Tubular Running Services ( " TRS ” ) , Fishing and Re - Entry Services , and Cementation Products . On June 2 , 2021 , Weatherford shares began trading on The Nasdaq Global Select Market under the ticker symbol " WFRD " .