Business Context and Reporting Period
Company: Weatherford International plc
Filing Type: Form 8-K (Current Report)
Date of Report: October 20, 2025
Reporting Period: Third quarter ended September 30, 2025
This filing serves as a notification of the Company's third-quarter 2025 results, a conditional partial redemption of senior notes, and the declaration of a quarterly cash dividend. Detailed financial results are referenced in an attached news release (Exhibit 99.1) and are not explicitly detailed within the text of this 8-K.
Key Financial Metrics
The text of this filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained in the referenced news release (Exhibit 99.1) and the upcoming conference call.
Dividend Declaration: $0.25 per ordinary share.
Record Date: November 6, 2025.
Payment Date: December 4, 2025.
Material Changes and Corporate Actions
- Debt Redemption: The Company issued a notice of conditional partial redemption for its 8.625% Senior Notes due 2030.
- Amount: Up to $407,172,000 principal amount (subject to tender offer results).
- Redemption Price: 102.156% of principal plus accrued interest.
- Redemption Date: October 30, 2025.
- Condition: Contingent on the consummation of a previously announced tender offer.
- Capital Return: Declaration of a cash dividend of $0.25 per share, subject to Board discretion for future payments.
Guidance, Outlook, and Management Commentary
The filing does not contain specific guidance or management commentary regarding future performance. Management will discuss third-quarter results and outlook during a conference call scheduled for October 22, 2025, at 8:30 a.m. Eastern Time. Presentation slides and a webcast are available via the Company's investor relations website.
Investor Verification Checklist
- Verify the final amount of 2030 Notes redeemed after the tender offer period concludes.
- Review the attached news release (Exhibit 99.1) for specific Q3 2025 revenue, earnings, and cash flow figures.
- Confirm the record date (November 6, 2025) to ensure eligibility for the $0.25 dividend payment.
- Monitor the October 22, 2025 conference call for updated operational guidance and risk factors.