Business Context and Reporting Period
Company: Weatherford International Plc
Filing Type: Form 8-K (Current Report)
Report Date: July 27, 2016
Reporting Period: Second quarter ended June 30, 2016
This filing serves as a notification that the Company issued a news release on July 27, 2016, announcing its financial results for the quarter ended June 30, 2016. The full details of the results are contained in the news release furnished as Exhibit 99.1.
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 second quarter of 2016.
Guidance, Outlook, and Management Commentary
Conference Call: The Company scheduled a conference call for July 28, 2016, at 7:00 a.m. ET to discuss the quarterly results. A replay was available until August 11, 2016.
Management Commentary: No specific commentary, guidance, or outlook is included in the body of this 8-K filing. Such information is expected to be found in the referenced news release (Exhibit 99.1) or the conference call transcript.
Key Facts for Investor Verification
- Verify the specific revenue, net income, and cash flow figures in the news release (Exhibit 99.1) referenced in this filing.
- Review the conference call transcript or replay for management's discussion on operational challenges, market conditions, and future guidance.
- Confirm if there were any material changes in debt covenants or liquidity positions as detailed in the full quarterly report.
- Check for any non-GAAP reconciliations or unusual items disclosed in the full press release.