Business Context and Reporting Period
Company: Weatherford International Plc
Filing Type: Form 8-K (Current Report)
Report Date: October 25, 2016
Reporting Period: Third quarter ended September 30, 2016
This filing serves as a notification that the Company issued a news release announcing its financial results for the quarter ended September 30, 2016. The full details of the results are contained in the news release furnished as Exhibit 99.1.
Key Financial Metrics
The provided Form 8-K text acts as a cover document and does not contain specific financial data points. The filing explicitly states that revenue, profit, cash flow, margins, debt, and liquidity figures are detailed in the news release (Exhibit 99.1) incorporated by reference. Therefore, the filing text does not provide a clear value for these metrics.
Material Changes
No specific material changes regarding financial performance or operations are quantified in this document. The filing indicates that the Company is reporting results for the third quarter of 2016, but the nature and magnitude of any changes versus the prior period are not described in the text provided.
Guidance, Outlook, and Events
- Conference Call: The Company scheduled a conference call for October 26, 2016, at 8:30 a.m. ET to discuss the third-quarter results.
- Access Details: A replay of the call was available until November 10, 2016, via telephone or an enhanced webcast on the Company's website.
- Regulation FD: The news release announcing the results was issued under Regulation FD disclosure requirements.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release dated October 25, 2016) for specific revenue, earnings, and cash flow figures.
- Verify the details of the third-quarter performance and any year-over-year comparisons in the full news release.
- Check the conference call replay or transcript for management commentary on operational challenges, guidance, or strategic updates not captured in the headline results.
- Confirm the Company's liquidity position and debt levels as reported in the full quarterly results.