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Weatherford International Ltd.
38 articles mentioning Weatherford International Ltd. · Page 1 of 2
Weatherford Gets New CEO; Girish Saligram
Weatherford has announced that, effective October 12, 2020, it will appoint Mr. Girish K. Saligram as the Company's President and Chief Executive Officer. Saligram will also serve as a member of the Company's Board of Directors....
Weatherford Brings On New CFO
Weatherford International plc reported that H. Keith Jennings will join the company as Executive Vice President and Chief Financial Officer, effective September 1, 2020. About H. Keith Jennings Jennings has over 25 years of financial experience,...
Weatherford CEO Leaves Company Effective Immediately
Weatherford International plc announced that Mark A. McCollum, President, Chief Executive Officer and a director, has left the Company, effectively immediately. Karl Blanchard, Executive Vice President and Chief Operating Officer, and Christian Garcia, Executive Vice President...
Weatherford CFO Departs; Interim Appointed
Weatherford International plc reported that Christoph Bausch will step down as Executive Vice President and Chief Financial Officer effective November 14, 2019 to pursue other opportunities. Stuart Fraser, Vice President and Chief Accounting Officer, will serve...
Weatherford to File for Bankruptcy
Weatherford International will be filing for bankruptcy in the near future due to a lack of cash-on-hand, according to its recent 10K filing with the SEC. Back in December 2018, the company fell out of NYSE...
Weatherford Falls Out of NYSE Compliance as Stock Hovers Below $1.00
Weatherford has received notice from the NYSE that the company is not in compliance with the continued listing standard due to the company's stock price falling below $1.00 per share over a period of 30 consecutive...
Former Halliburton CFO Takes Helm of Weatherford
Krishna Shivram will be departing as interim Chief Executive Officer effective immediately.
Weatherford Still Making Job Cuts, Joins Nabors in MOU
Nabors Industries Ltd. and Weatherford International plc have signed a non-binding Memorandum of Understanding (MOU) to form an alliance focused on delivering enhanced drilling solutions to the oil and gas land market in the lower 48...
Weatherford Names New CFO; Regional Ops
Weatherford International announces the appointment of Mr. Christoph Bausch as Executive Vice President and Chief Financial Officer, effective December 13, 2016. Mr. Bausch joined the Company in May of 2016 as Vice President and Controller Product...
Weatherford President / CEO Leaves the Company
Weatherford has reported the departure of Bernard J. Duroc-Danner, Chairman of the Board, President and Chief Executive Officer effective immediately.
Weatherford Losses Up Substantially YOY; $1.78B
Weatherford reported GAAP net loss of $1.78 billion, or a net loss of $1.98 per share.
Weatherford Heads To Debt Market; $1.0 Billion in Senior Notes
Weatherford International plc announced the launch of an underwritten public offering of $1.0 billion aggregate principal amount of exchangeable senior notes due 2021 by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary...
Texas' E&P Sector Drops 1,100 More Jobs as Oil Stays Low
According to the latest report from the Texas Workforce Commission, over 1,100 jobs were cut from the Texas E&P sector in recent weeks.
Weatherford Wraps Up $630 Million Public Offering
J.P. Morgan and Morgan Stanley acted as joint book-running managers of the Offering.
Weatherford Upsizes Share Offering to $100 Million
The Company intends to use the net proceeds from the Offering for general corporate purposes, including the repayment of existing indebtedness.
Frac Market Update : As Weatherford Shifts Its Focus; Halliburton & FTS To Gain Share
In its fourth quarter 2015 conference call, Weatherford International Chairman, President & CEO Bernard J. Duroc-Danner discussed how the company is continuing to focus less on the pressure pumping market. Earlier this year, the company also...
Weatherford to Cut More Jobs, Close Additional Facilities in 1H16
Weatherford International plc reported a net loss before charges of $102 million ($0.13 net loss per share before charges) on revenues of $2.01 billion for the fourth quarter of 2015.
Weatherford Ups Cash Flow in 3Q; North America Revenues Increase
Operating income increased 3% and by 47 basis points sequentially, driven mostly by improvements in North America where revenue increased by 2%.
Weatherford Backs Out of $1.0 Billion Stock Offering
While investor interest was strong for this offering, we are unwilling to sell securities at prices that do not reflect the value we have created at Weatherford.
Weatherford Launches $1.0 Billion Public Note Offering
The Company intends to use the net proceeds from the Combined Offering to pre-fund potential acquisitions and for general corporate purposes.