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Weatherford International PLC (WFT)

WFT on New York Consolidated

5.09USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Weatherford International Q1 loss per share $0.45
Friday, 28 Apr 2017 07:00am EDT 

April 28 (Reuters) - Weatherford International Plc :Weatherford reports first quarter 2017 results.Q1 revenue $1.39 billion.Q1 loss per share $0.45.Q1 earnings per share view $-0.31, revenue view $1.36 billion -- Thomson Reuters I/B/E/S.  Full Article

State Street Global Advisors says received a paymentfrom class action settlement
Friday, 21 Apr 2017 04:48pm EDT 

April 21 (Reuters) - State Street Corp ::State Street Global Advisors says received a payment as authorized claimant from a class action settlement related to Weatherford International Ltd.  Full Article

Weatherford International CEO Krishna Shivram's FY 2016 total compensation was $4.3 mln versus $4.9 mln in FY 2015
Wednesday, 29 Mar 2017 05:03pm EDT 

Weatherford International Plc : Weatherford International - CEO Krishna Shivram's FY 2016 total compensation was $4.3 million versus $4.9 million in FY 2015 .Weatherford international - former chairman, Bernard Duroc-Danner's FY 2016 total compensation was $31.43 million versus $15.72 million in FY 2015 - sec filing.  Full Article

Weatherford and Schlumberger to form OneStim joint venture
Friday, 24 Mar 2017 04:45pm EDT 

Weatherford International Plc : Weatherford and Schlumberger to form OneStim joint venture . Weatherford International Plc - Schlumberger and Weatherford will have 70/30 ownership of joint venture, respectively . Weatherford International Plc - Schlumberger will manage joint venture and consolidate it for financial reporting purposes .Weatherford International Plc says Weatherford will receive a one-time $535 million cash payment from Schlumberger.  Full Article

Halliburton announces chief financial officer departure
Monday, 6 Mar 2017 06:08pm EST 

Halliburton Co : Halliburton announces chief financial officer departure . Says Robb Voyles appointed interim CFO . Also announced promotion of Lyn Beaty to senior vice president of finance effective immediately . Halliburton has engaged an executive search firm to conduct a comprehensive search for its next CFO . Says CFO Mark McCollum resigned .McCollum is leaving company effective immediately to become chief executive officer at Weatherford International PLC.  Full Article

Weatherford appoints Mark McCollum as president, CEO and director
Monday, 6 Mar 2017 06:01pm EST 

Weatherford International Plc : Weatherford appoints Mark McCollum as president, CEO and director . Krishna Shivram will be departing as interim chief executive officer effective immediately . William Macaulay has been appointed chairman of board of directors . Says Krishna Shivram will be departing as interim chief executive officer effective immediately .Christoph Bausch, Weatherford's EVP and CFO will serve as acting CEO until McCollum assumes role in permanent capacity.  Full Article

Weatherford reports Q4 loss per share $0.59
Wednesday, 1 Feb 2017 05:45pm EST 

Weatherford International Plc - : Weatherford reports fourth quarter and 2016 annual results . Q4 revenue $1.41 billion versus I/B/E/S view $1.42 billion . Q4 loss per share $0.59 . Q4 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S . Additionally, $39 million of cash severance and restructuring costs were paid this quarter .Qtrly adjusted loss per share $0.32.  Full Article

Weatherford and Nabors form alliance for integrated drilling solutions
Wednesday, 1 Feb 2017 05:25pm EST 

Weatherford International PLC - : Weatherford and Nabors form alliance for integrated drilling solutions .Weatherford International - co, Nabors signed MOU to form alliance for delivering drilling solutions to oil and gas land market in lower 48 states of U.S..  Full Article

Weatherford prices upsized private offering of $540 mln of senior notes
Tuesday, 15 Nov 2016 05:05pm EST 

Weatherford International Plc : Weatherford international - pricing of an upsized private offering of $540 million aggregate principal amount of 9.875% senior notes due 2024 .Weatherford prices upsized private offering of $540 million of senior notes.  Full Article

Weatherford announces private offering of $500 mln of senior notes
Tuesday, 15 Nov 2016 08:12am EST 

Weatherford International Plc : Weatherford International Plc- Purpose of offering is to repay amounts outstanding under Weatherford Bermuda's revolving credit facility . Weatherford International Plc says launch of a private offering of $500 million aggregate principal amount of senior notes due 2024 .Weatherford announces private offering of $500 million of senior notes.  Full Article

More From Around the Web

BRIEF-Weatherford International Q1 loss per share $0.45

* Q1 earnings per share view $-0.31, revenue view $1.36 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: