Business Context and Reporting Period
Company: Weatherford International plc
Filing Type: Form 8-K (Current Report)
Date of Report: November 1, 2021
Reporting Period: Third quarter and nine months ended September 30, 2021
This filing serves to announce the release of financial results for the specified periods. The detailed financial data is contained in a news release furnished as Exhibit 99.1, which is incorporated by reference into this Item 2.02.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being available in the attached news release (Exhibit 99.1) but are not explicitly stated within the body of this 8-K filing.
Material Changes
No specific material changes or comparative financial data versus prior periods are detailed in this text. The filing indicates that results for the third quarter and nine months ended September 30, 2021, have been announced, but the magnitude of changes is not described here.
Guidance, Outlook, and Management Commentary
Management Commentary: The Company has scheduled a conference call to discuss the results for the third quarter and nine months ended September 30, 2021.
Call Details:
- Date: Tuesday, November 2, 2021
- Time: 9:00 a.m. Eastern Time (8:00 a.m. Central Time)
- Access: Live webcast available on the Company's website or via dial-in numbers (+1 877-328-5344 for U.S., +1 412-902-6762 for international).
- Replay: Available until November 16, 2021, at 5:00 p.m. Eastern Time.
Guidance and Risks: The text does not provide specific forward-looking guidance, risk factors, or contingencies. Investors are directed to the news release and conference call for further details.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific revenue, earnings, and cash flow figures for Q3 and YTD 2021.
- Listen to the conference call replay or review the transcript for management's commentary on operational performance and future outlook.
- Verify the Company's liquidity position and debt levels as detailed in the full financial statements referenced in the news release.
- Check for any updated guidance provided during the November 2, 2021, conference call.