Business Context and Reporting Period
Company: Weatherford International Plc
Filing Type: Form 8-K (Current Report)
Date of Report: November 1, 2017
Reporting Period: Third quarter ended September 30, 2017
This filing serves as a notification that the Company issued a news release announcing its third-quarter financial results. The detailed results are contained in Exhibit 99.1, which is incorporated by reference into this report.
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
- Profit (Net Income/Loss)
- Cash Flow
- Margins
- Debt Levels
- Liquidity Position
Note: Investors must refer to Exhibit 99.1 (the News Release) for specific numerical values.
Material Changes
The filing text does not provide specific details regarding material changes in financial condition or operations compared to the prior comparable period. It only confirms the announcement of results for the quarter ended September 30, 2017.
Guidance, Outlook, and Management Commentary
Conference Call: Management scheduled a conference call for November 1, 2017, at 8:30 a.m. ET to discuss the third-quarter results.
- Access: Live via the Company's website or by phone (866-393-8576).
- Replay: Available until November 15, 2017, at 5:00 p.m. ET.
Guidance and Risks: The text does not contain specific forward-looking guidance, risk factors, or management commentary beyond the announcement of the results and the conference call details.
Important Facts for Investor Verification
- Verify the specific revenue, earnings, and cash flow figures in Exhibit 99.1 (News Release dated November 1, 2017), as they are not listed in the 8-K body.
- Confirm the Company's liquidity and debt status by reviewing the full financial statements referenced in the news release.
- Listen to the conference call replay (available until November 15, 2017) for management's qualitative assessment of the quarter and future outlook.
- Note that the filing was signed by Christoph Bausch, Executive Vice President and Chief Financial Officer.