Business Context and Reporting Period
Company: Weatherford International Plc
Filing Type: Form 8-K (Current Report)
Date of Report: July 27, 2018
Reporting Period: Second quarter ended June 30, 2018
This filing serves as a notification that the Company issued a news release announcing its second-quarter 2018 results. The full details of the financial performance are contained in the news release furnished as Exhibit 99.1, which is incorporated by reference into this filing.
Key Financial Metrics
The provided text is a procedural filing and does not contain specific financial data points. The following metrics are not disclosed in this document:
- Revenue: Not provided in this text.
- Profit/Loss: Not provided in this text.
- Cash Flow: Not provided in this text.
- Margins: Not provided in this text.
- Debt and Liquidity: Not provided in this text.
Investors must refer to Exhibit 99.1 (the News Release) for specific numerical values.
Material Changes
The filing text does not provide specific data regarding material changes in financial condition or operations compared to prior periods. It only confirms the announcement of results for the quarter ended June 30, 2018.
Guidance, Outlook, and Management Commentary
Conference Call: The Company scheduled a conference call for July 27, 2018, at 8:30 a.m. ET to discuss the second-quarter results. Presentation materials were made available on the Company's website prior to the call.
Access Details:
- Live Call: 866-393-8576 (US) or 706-643-6499 (International); Passcode: "Weatherford".
- Webcast: Available via the Investor Relations section of the Company's website.
- Replay: Available until 5:00 p.m. ET on August 6, 2018, via 855-859-2056 (US) or 404-537-3406 (International); Passcode: 5492213.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing text.
Important Facts for Investor Verification
- Verify the specific financial results (revenue, net income, cash flow) by reviewing Exhibit 99.1 (News Release dated July 27, 2018), as this 8-K does not list the numbers.
- Confirm the Company's forward-looking statements and guidance by listening to the conference call replay or reviewing the presentation materials posted on the Investor Relations website.
- Note that the filing was signed by Christoph Bausch, Executive Vice President and Chief Financial Officer, on July 27, 2018.