Weatherford International Plc - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Weatherford International Plc on February 1, 2017. The filing serves to announce the Company's financial results for the fourth quarter and the full year ended December 31, 2016. The registrant is incorporated in Ireland with principal executive offices in Baar, Switzerland.
Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the news release furnished as Exhibit 99.1, which is incorporated by reference but not detailed in the body of this 8-K.
Material Changes
The filing does not explicitly list material changes versus the prior comparable period. It directs investors to the news release (Exhibit 99.1) for the announcement of results for the fourth quarter and year ended December 31, 2016.
Guidance, Outlook, and Management Commentary
Management scheduled a conference call for February 2, 2017, at 8:30 a.m. ET to discuss the fourth quarter and full-year 2016 results. The call was to be accessible via telephone or live webcast on the Company's investor relations website. A replay was scheduled to be available until February 12, 2017. The filing does not contain specific guidance, outlook statements, or risk factors within the text itself.
Key Facts for Investor Verification
- Verify the specific financial results (revenue, net income, cash flow) in the news release dated February 1, 2017 (Exhibit 99.1).
- Confirm the details of the conference call held on February 2, 2017, for management commentary on the 2016 performance.
- Review the full text of the news release for any material changes, risks, or unusual items not summarized in this 8-K.