as of 03-13-2026 3:46pm EST
Weatherford provides oilfield services and equipment to national, integrated, public, and private oil and gas operators. It operates across multiple upstream markets, including offshore, the rest of the world onshore, and US onshore, where Weatherford has limited exposure. The Middle East, North Africa, and Asia account for over 25% of sales. Weatherford also offers manufacturing, research, and training services. Performance is reported through three segments: drilling and evaluation, well construction and completions, and production and intervention.
| Founded: | 1941 | Country: | United States |
| Employees: | N/A | City: | HOUSTON |
| Market Cap: | 6.0B | IPO Year: | 2014 |
| Target Price: | $97.50 | AVG Volume (30 days): | 1.2M |
| Analyst Decision: | Buy | Number of Analysts: | 8 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 5.93 | EPS Growth: | -12.15 |
| 52 Week Low/High: | $36.73 - $110.57 | Next Earning Date: | 05-04-2026 |
| Revenue: | $4,331,000,000 | Revenue Growth: | N/A |
| Revenue Growth (this year): | 0.37% | Revenue Growth (next year): | 3.48% |
| P/E Ratio: | 14.35 | Index: | N/A |
| Free Cash Flow: | 450.0M | FCF Growth: | -8.72% |
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Director
Avg Cost/Share
$104.69
Shares
2,204
Total Value
$230,726.18
Owned After
32,729
SEC Form 4
SVP & Chief Accounting Officer
Avg Cost/Share
$104.19
Shares
5,000
Total Value
$520,925.00
Owned After
12,899
SEC Form 4
President and CEO
Avg Cost/Share
$105.50
Shares
100,000
Total Value
$10,549,548.26
Owned After
942,274
EVP, GC & CCO
Avg Cost/Share
$105.55
Shares
37,825
Total Value
$3,990,100.17
Owned After
140,956
SVP & Chief Accounting Officer
Avg Cost/Share
$105.70
Shares
5,118
Total Value
$540,972.60
Owned After
12,899
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| SLEDGE CHARLES M | WFRD | Director | Feb 9, 2026 | Sell | $104.69 | 2,204 | $230,726.18 | 32,729 | |
| Mills Desmond J | WFRD | SVP & Chief Accounting Officer | Feb 9, 2026 | Sell | $104.19 | 5,000 | $520,925.00 | 12,899 | |
| Saligram Girish | WFRD | President and CEO | Feb 6, 2026 | Sell | $105.50 | 100,000 | $10,549,548.26 | 942,274 | |
| Weatherholt Scott C | WFRD | EVP, GC & CCO | Feb 6, 2026 | Sell | $105.55 | 37,825 | $3,990,100.17 | 140,956 | |
| Mills Desmond J | WFRD | SVP & Chief Accounting Officer | Feb 6, 2026 | Sell | $105.70 | 5,118 | $540,972.60 | 12,899 |
SEC 8-K filings with transcript text
Feb 3, 2026 · 100% conf.
1D
-5.37%
$90.83
Act: +4.15%
5D
-5.81%
$90.41
Act: +6.09%
20D
-5.88%
$90.34
Act: -0.20%
wfrd-202602030001603923false00016039232026-02-032026-02-03
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 3, 2026
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On February 3, 2026, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the fourth quarter ended December 31, 2025. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, February 4, 2026, to discuss the Company’s results for the fourth quarter ended December 31, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until February 18, 2026, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 855-669-9658 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 9725775. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated February 3, 2026 announcing results for the fourth quarter ended December 31, 2025.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: February 3, 2026 /s/ Anuj Dhruv
Anuj Dhruv
Executive Vice President and Chief Financial Officer
Oct 21, 2025
wfrd-202510200001603923false00016039232025-10-202025-10-21
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 20, 2025
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On October 21, 2025, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the third quarter ended September 30, 2025. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, October 22, 2025, to discuss the Company’s results for the third quarter ended September 30, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until November 5, 2025, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 8574819. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 7.01Regulation FD Disclosure.
On October 20, 2025, Weatherford issued a notice of conditional partial redemption (the “Partial Redemption”) to the holders of 8.625% Senior Notes due 2030 (the “2030 Notes”), providing for the redemption of an aggregate principal amount of 2030 Notes equal to $407,172,000 less the total amount of 2030 Notes tendered pursuant to Weatherford’s previously-announced tender offer (the “Tender Offer”) during the period following the early tender deadline and the expiration date of the Tender Offer. The Partial Redemption is conditioned on the consummation of the Tender Offer.
The redemption price for the 2030 Notes to be redeemed will be equal to 102.156% of the principal amount of the 2030 Notes to be redeemed as of, and accrued and unpaid interest to, but excluding, the redemption date. The redemption date for the Partial Redemption will be October 30, 2025.
This disclosure does not constitute a notice of redemption with respect to the 2030 Notes.
Item 8.01Other Information.
On October 21, 2025, Weatherford announced that its Board of Directors (the “Board”) has declared a cash dividend of $0.25 per share on the Company’s ordinary shares, par value $0.001 per share, payable on December 4, 2025 to shareholders of record as of November 6, 2025. The declaration of any future dividends is subject to the Board’s discretion.
A copy of the press release announ
Jul 22, 2025
wfrd-202507220001603923false00016039232025-07-222025-07-22
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 22, 2025
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On July 22, 2025, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the second quarter ended June 30, 2025. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, July 23, 2025, to discuss the Company’s results for the second quarter ended June 30, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until August 6, 2025, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 1312926. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 8.01Other Information.
On July 22, 2025, Weatherford announced that its Board of Directors (the “Board”) has declared a cash dividend of $0.25 per share on the Company’s ordinary shares, par value $0.001 per share, payable on September 4, 2025 to shareholders of record as of August 6, 2025. The declaration of any future dividends is subject to the Board’s discretion.
A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Form 8-K and the portions related to the dividend are incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated July 22, 2025 announcing results for the second quarter ended June 30, 2025.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: July 22, 2025 /s/ Anuj Dhruv
Anuj Dhruv
Executive Vice President and Chief Financial Officer
Apr 22, 2025
wfrd-202504220001603923false00016039232025-04-222025-04-22
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 22, 2025
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On April 22, 2025, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the first quarter ended March 31, 2025. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Thursday, April 23, 2025, to discuss the Company’s results for the first quarter ended March 31, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until May 7, 2025, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 6907941. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 8.01Other Information.
On April 17, 2025, Weatherford announced that its Board of Directors (the “Board”) has declared a cash dividend of $0.25 per share on the Company’s ordinary shares, par value $0.001 per share, payable on June 5, 2025 to shareholders of record as of May 6, 2025. The declaration of any future dividends is subject to the Board’s discretion.
A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Form 8-K and the portions related to the dividend are incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated April 22, 2025 announcing results for the first quarter ended March 31, 2025.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: April 22, 2025
/s/ Anuj Dhruv
Anuj Dhruv
Executive Vice President and Chief Financial Officer
Feb 5, 2025
wfrd-202502050001603923false00016039232025-02-052025-02-05
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 5, 2025
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On February 5, 2025, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the fourth quarter ended December 31, 2024. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Thursday, February 6, 2025, to discuss the Company’s results for the fourth quarter ended December 31, 2024. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until February 20, 2025, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 9530137. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website
Item 8.01Other Information.
On February 5, 2025, Weatherford announced that its Board of Directors (the “Board”) has declared a cash dividend of $0.25 per share on the Company’s ordinary shares, par value $0.001 per share, payable on March 19, 2025 to shareholders of record as of February 21, 2025. The declaration of any future dividends is subject to the Board’s discretion.
A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Form 8-K and the portions related to the dividend are incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated February 5, 2025 announcing results for the fourth quarter ended December 31, 2024.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: February 5, 2025 /s/ Arunava Mitra Arunava Mitra Executive Vice President and Chief Financial Officer
Oct 22, 2024
wfrd-202410220001603923false00016039232024-10-222024-10-22
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 22, 2024
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On October 22, 2024, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the third quarter ended September 30, 2024. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, October 23, 2024, to discuss the Company’s results for the third quarter ended September 30, 2024. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until November 6, 2024, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 6410466. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website
Item 8.01Other Information.
On October 22, 2024, Weatherford announced that its Board of Directors (the “Board”) has declared a cash dividend of $0.25 per share on the Company’s ordinary shares, par value $0.001 per share, payable on December 5, 2024 to shareholders of record as of November 6, 2024. The declaration of any future dividends is subject to the Board’s discretion.
A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Form 8-K and the portions related to the dividend are incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated October 22, 2024 announcing results for the third quarter ended September 30, 2024.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: October 22, 2024
/s/ Arunava Mitra Arunava Mitra Executive Vice President and Chief Financial Officer
Jul 23, 2024
wfrd-202407230001603923false00016039232024-07-232024-07-23
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 23, 2024
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On July 23, 2024, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the second quarter ended June 30, 2024. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, July 24, 2024, to discuss the Company’s results for the second quarter ended June 30, 2024. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until August 7, 2024, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 1382600. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 23, 2024, the Board increased the size of the Board to six directors and appointed Steven Beringhause to fill the resulting vacancy. Mr. Beringhause will serve a term expiring at the Company’s 2025 annual meeting of shareholders or upon his earlier death, disability, resignation, disqualification, or removal. Mr. Beringhause was appointed to the Compensation and Human Resources and Safety, Environment and Sustainability Committees of the Board.
Mr. Beringhause will receive the same compensation as other non-employee directors of the Company as described in the Company’s 2024 Proxy Statement under “Director Compensation,” prorated for the portion of the year that he will serve. Mr. Beringhause and the Company entered into the Company’s standard director indemnification arrangement, whereby the Company agrees to indemnify, defend and hold its directors harmless from and against losses and expenses incurred as a result of their board service, subject to the terms and conditions provided in the arrangement.
Item 8.01Other Information.
On July 23, 2024, Weatherford announced that the Board has declared a cash dividend of $0.25 per share on the Company’s ordinary shares, par value $0.001 per share, payable on September 12, 2024 to shareholders of recor
Apr 23, 2024
wfrd-202404230001603923false00016039232024-04-232024-04-23
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 23, 2024
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On April 23, 2024, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the first quarter ended March 31, 2024. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, April 24, 2024, to discuss the Company’s results for the first quarter ended March 31, 2024. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until May 8, 2024, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 2193017. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated April 23, 2024 announcing results for the first quarter ended March 31, 2024.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: April 23, 2024
/s/ Arunava Mitra Arunava Mitra Executive Vice President and Chief Financial Officer
Feb 6, 2024
wfrd-202402010001603923false00016039232024-02-012024-02-01
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 1, 2024
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On February 6, 2024, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the fourth quarter ended December 31, 2023. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, February 7, 2024, to discuss the Company’s results for the fourth quarter and full year ended December 31, 2023. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Listeners are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until February 21, 2024, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 5521443. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website
Item 3.02Unregistered Sales of Equity Securities.
On February 1, 2024, Weatherford International plc (“Weatherford”) entered into two separate merger agreements (the “Merger Agreements”) with ISI Holding Company, LLC (“ISI”) and Probe Technologies Holdings, Inc. (“Probe”), respectively, as well as Turnbridge Capital Management, LLC, as representative of the sellers, pursuant to which Weatherford acquired all of the outstanding equity securities, on a cash-free/debt-free basis, of ISI and Probe (the “Acquisitions”). Aggregate consideration for the Acquisitions paid at closing consists of 844,702 ordinary shares of the Company (the “Ordinary Shares”), plus $6 million in cash, subject to customary adjustments. Subject to meeting certain earn-out terms, Weatherford has also agreed to additional consideration in the form of (a) the issuance of up to 30,298 Ordinary Shares, and (b) up to $12 million, to be satisfied, at Weatherford’s sole discretion, in either cash or Ordinary Shares (the number of Ordinary Shares to be calculated by dividing $12 million by a price per Ordinary Share equal to the volume-weighted average price of the Company’s Ordinary Shares over five consecutive trading days from June 24, 2024 to June 28, 2024).
The Ordinary Shares will be issued in reliance upon the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Secur
Oct 24, 2023
0001603923 false
0001603923
2023-10-24 2023-10-24
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 24, 2023
Weatherford International plc
(Exact name of registrant as specified in its charter)
Ireland
001-36504
98-0606750
(State or other jurisdiction of
(Commission File Number)
(I.R.S. Employer Identification No.)
incorporation)
2000 St. James Place, Houston, Texas
77056
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Ordinary shares, $0.001 par value per share
The Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 1.01 Entry into a Material Definitive Agreement.
The information set forth in Item 2.03 of this Current Report on Form 8-K is incorporated herein by reference.
Item 2.02 Results of Operations and Financial Condition.
On October 24, 2023, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the third quarter ended September 30, 2023. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
Weatherford will host a conference call on Wednesday, October 25, 2023, to discuss the Company’s results for the third quarter ended September 30, 2023. The conference call will begin at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
Listeners are encouraged to download the accompanying
Listeners can participate in the conference call via a live webcast at https://www.weatherford.com/investor-relations/investor-news-and-events/events/ or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until November 8, 2023, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 4193933. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
As previously disclosed, Weatherford International Ltd. (“WIL-Bermuda”), Weatherford International, LLC (“WIL-Delaware”), Weatherford Canada Ltd. (“WIL-Canada”, and, together with WIL-Bermuda and WIL-Delaware, the “Initial Borrowers”, and the Initial Borrowers together with WIL-Switzerland (as defined below), the “Borrowers”), as borrowers, and Weatherford, as parent, entered into an amended and restated credit agreement (as amended and supplemented by the Canadian Borrower Joinder, dated as of November 22, 2022, the Additional Lender Supplement, dated as of November 22, 2022, the First Amendment to Amended and Restated Credit Agreement, dated as of November 22, 2022, the Second Amendment to Amended and Restated Credit Agreement, dated as of January 6, 2023, the Third Amendment to Amended and Restated Credit Agreement, dated as of March 24, 2023 and the Fourth Amendment (as defined below), the “Am
Jul 25, 2023
wfrd-202307250001603923false00016039232023-07-252023-07-25
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 25, 2023
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On July 25, 2023, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the second quarter ended June 30, 2023. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Wednesday, July 26, 2023, to discuss the results for the second quarter ended June 30, 2023. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until August 9, 2023, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 7149368.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated July 25, 2023 announcing results for the second quarter ended June 30, 2023.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: July 25, 2023
/s/ Arunava Mitra Arunava Mitra Executive Vice President and Chief Financial Officer
Apr 25, 2023
wfrd-202304250001603923false00016039232023-04-252023-04-25
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 25, 2023
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On April 25, 2023, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the first quarter ended March 31, 2023. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Wednesday, April 26, 2023, to discuss the results for the first quarter ended March 31, 2023. The conference call will begin at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until May 10, 2023, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 8819198.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated April 25, 2023 announcing results for the first quarter ended March 31, 2023.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: April 25, 2023 /s/ Arunava Mitra Arunava Mitra Executive Vice President and Chief Financial Officer
Feb 7, 2023
wfrd-202302070001603923false00016039232023-02-072023-02-07
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 7, 2023
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On February 7, 2023, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the fourth quarter and full year ended December 31, 2022. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Wednesday, February 8, 2023, to discuss the results for the fourth quarter and full year ended December 31, 2022. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until February 22, 2023, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 8778393.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated February 7, 2023 announcing results for the fourth quarter and full year ended December, 31 2022.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: February 7, 2023 /s/ Arunava Mitra Arunava Mitra Executive Vice President and Chief Financial Officer
Oct 25, 2022
wfrd-202210250001603923false00016039232022-10-252022-10-25
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 25, 2022
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On October 25, 2022, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the third quarter ended September 30, 2022. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Wednesday, October 26, 2022, to discuss the results for the third quarter ended September 30, 2022. The conference call will begin at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until November 9, 2022, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 9295687.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated October 25, 2022, announcing results for the third quarter ended September, 30 2022.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: October 25, 2022 /s/ Desmond J. Mills Desmond J. Mills Interim Chief Financial Officer, Senior Vice President and Chief Accounting Officer
Jul 27, 2022
wfrd-202207250001603923false00016039232022-07-252022-07-25
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 25, 2022
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On July 27, 2022, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the second quarter ended June 30, 2022. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Thursday, July 28, 2022, to discuss the results for the second quarter ended June 30, 2022. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until August 10, 2022, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 7442205.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Interim Chief Financial Officer
As previously announced, H. Keith Jennings, our Executive Vice President and Chief Financial Officer, will be leaving Weatherford effective July 31, 2022. While the Company is conducting a search for Mr. Jennings’ replacement, on July 25, 2022, the Board determined that effective August 1, 2022, Desmond J. Mills, Senior Vice President and Chief Accounting Officer, will assume the role of Chief Financial Officer and principal financial officer on an interim basis. Mr. Mills will receive an additional award of 5,000 performance share units (at target performance) under the previously disclosed Weatherford Accelerating Growth & Efficiency Program in connection with these interim responsibilities. Additional information regarding Mr. Mills has been previously reported in our Annual Report on Form 10-K for the period ending December 31, 2021 filed with the SEC on February 17, 2022 and in our proxy statement for the 2022 Annual Meeting of Shareholders filed with the SEC on April 22, 2022.
There are no arrangements or understandings between Mr. Mills and any other persons pursuant to which Mr. Mills was selected to act on an interim basis as the Chief Financial Officer and principal fina
Apr 27, 2022
wfrd-202204270001603923false00016039232022-04-272022-04-27
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 27, 2022
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On April 27, 2022, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the first quarter ended March 31, 2022. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Thursday, April 28, 2022, to discuss the results for the first quarter ended March 31, 2022. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until May 12, 2022, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 6100377.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated April 27, 2022, announcing results for the first quarter ended March 31 2022.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: April 27, 2022 /s/ H. Keith Jennings H. Keith Jennings Executive Vice President and Chief Financial Officer
Feb 16, 2022
wfrd-202202160001603923false00016039232022-02-162022-02-16
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 16, 2022
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On February 16, 2022, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the fourth quarter and full year ended December 31, 2021. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Thursday, February 17, 2022, to discuss the results for the fourth quarter and full year ended December 31, 2021. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
Listeners can participate in the conference call via a live webcast. Alternatively, the conference call can be accessed by registering in advance (which will provide a PIN for immediate access) or by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Participants should log in or dial in approximately 10 minutes prior to the start of the call.
A telephonic replay of the conference call will be available until March 3, 2022, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 2884053.
A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated February 16, 2022, announcing results for the fourth quarter and full year ended December 31 2021.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: February 16, 2022 /s/ H. Keith Jennings H. Keith Jennings Executive Vice President and Chief Financial Officer
Nov 1, 2021
wfrd-202111010001603923false00016039232021-11-012021-11-01
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 1, 2021
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On November 1, 2021, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the third quarter and nine months ended September 30, 2021. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Tuesday, November 2, 2021, to discuss the results for the third quarter and nine months ended September 30, 2021. The conference call will begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
Listeners may register in advance for the conference call at http://dpregister.com/10160194 and will receive an email including a calendar reminder, dial-in number, and a PIN providing immediate access to the call.
Weatherford invites investors to listen to the call live via live webcast on the Company’s website at https://www.weatherford.com/en/investor-relations/investor-news-and-events/events/. Alternatively, listeners can access the conference call by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Listeners should log in or dial in approximately 10 minutes prior to the start of the call.
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
A telephonic replay of the conference call will be available until November 16, 2021, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 10160194. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated November 1, 2021, announcing results for the third quarter and nine months ended September 30, 2021.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: November 1, 2021 /s/ H. Keith Jennings H. Keith Jennings Executive Vice President and Chief Financial Officer
Oct 12, 2021
0001603923 false
0001603923
2021-10-12 2021-10-12
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 12, 2021
Weatherford International plc
(Exact name of registrant as specified in its charter)
Ireland 001-36504 98-0606750
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
2000 St. James Place,
Houston, Texas
77056
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code:
713.836.4000
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange
on which registered
Ordinary shares, $0.001 par value per share
The Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On October 12, 2021, Weatherford International plc (the “Company”) issued a press release providing preliminary third-quarter 2021 performance update and announcing third-quarter 2021 conference call.
A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 8.01 Other Events.
Notes Offering
On October 12, 2021, the Company issued a press release announcing the commencement of the offering (the “Offering”) of $1,500 million aggregate principal amount of senior notes due 2030 (the “Notes”) by Weatherford International Ltd. (the “Issuer”), the Company’s wholly owned subsidiary. The Issuer intends to use the net proceeds from the Offering and cash on hand (i) to purchase up to $1,500 million principal amount of its 11.00% senior notes due December 1, 2024 (the “11.00% Senior Notes”) in the Tender Offer (as defined below) at the applicable tender prices, plus accrued and unpaid interest and (ii) to fund the Concurrent Redemption (as defined below). A copy of the press release relating to the Offering is attached hereto as Exhibit 99.2 and is incorporated by reference into this Item 8.01.
The Notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act.
The Notes have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.
This Current Report on Form 8–K shall not constitute an offer to sell or a solicitation of an offer to purchase the Notes, or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
Tender Offer
On October 12, 2021, the Company issued a press release announcing that the Issuer has commenced a cash tender offer (the “Tender Offer”) to purchase for cash up to $1,500,000,000 agg
Jul 28, 2021
wft-202107280001603923false00016039232021-07-282021-07-28
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 28, 2021
Weatherford International plc (Exact name of registrant as specified in its charter)
Ireland001-3650498-0606750 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 St. James Place,Houston,Texas77056 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 713.836.4000
N/A (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered Ordinary shares, $0.001 par value per shareWFRDThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02Results of Operations and Financial Condition.
On July 28, 2021, Weatherford International plc (“Weatherford” and together with its subsidiaries, “we” or the “Company”) issued a news release announcing results for the second quarter and six months ended June 30, 2021. A copy of the news release is furnished as Exhibit 99.1 and incorporated into this Item 2.02.
We will host a conference call on Thursday, July 29, 2021, to discuss the results for the second quarter and six months ended June 30, 2021. The conference call will begin at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
Listeners may register in advance for the conference call at http://dpregister.com/10157213 and will receive an email including a calendar reminder, dial-in number, and a PIN providing immediate access to the call.
Weatherford invites investors to listen to the call live via live webcast on the Company’s website at https://www.weatherford.com/en/investor-relations/investor-news-and-events/events/. Alternatively, listeners can access the conference call by dialing +1 877-328-5344 (within the U.S.) or +1 412-902-6762 (outside of the U.S.) and asking for the Weatherford conference call. Listeners should log in or dial in approximately 10 minutes prior to the start of the call.
Participants are encouraged to download the accompanying presentation slides which will be available in the investor relations section of the Company’s website.
A telephonic replay of the conference call will be available until August 12, 2021, at 5:00 p.m. Eastern Time. To access the replay, please dial +1 877-344-7529 (within the U.S.) or +1 412-317-0088 (outside of the U.S.) and reference conference number 10157213. A replay and transcript of the earnings call will also be available in the investor relations section of the Company’s website.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Exhibit NumberExhibit Description 99.1News Release dated July 28, 2021, announcing results for the second quarter and six months ended June 30, 2021.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Weatherford International plc Date: July 28, 2021 /s/ H. Keith Jennings H. Keith Jennings Executive Vice President and Chief Financial Officer
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