UBS Global Oil and Gas Conference Austin, TX May 19, 2015
Our Direction 2015 Actions and Objectives
The Direction that Drives Us Strengthened by the Macro Cyclical Structural Our Direction Perennial Priority 2015 Weatherford International plc. All rights reserved. 3
Results of Continuing to Lower Our Cost Base Average Annual Revenue per Employee 2013 - 2015E Year-End Headcount 2013 - 2015E Core Businesses Support Ratio 300,000 70,000 70% 60,000 60% 59% 250,000 50,000 50% 45% Headcount 43%…
Capital Equipment and CapEx Efficiency Gains Fixed Asset Turnover Ratio* 2011-2014 Capital Expenditures** 2011-2015E 2.2x 2,500 2.1x 2,177 2.1x 2,000 14% 2.0x 2.0x 1,575 1,524 1,450 1,500 In millions 12% 10% 1.9x 10%…
2015 Will See Positive Free Cash Flow 2014 2015E Net Income 785 Positive D&A 1,371 1,237 We will Op. Working Capital Changes: (239) Positive intensify Other Cash Flow: (701) (340) our efforts on Iraq / Zubair Severance…
External Focus Top 100 Customers Number of 2014 Est. % of Est. Spend / 100 < 2% 258B ( in billions) 100% Customers Spend Total Spend Customer 90% 49.2 IOC 19 49.2 19% 2.6 80% NOC 31 84.7 33% 2.7 70% IND 50 66.7 26% 1.3 84.7 78%…
Key Opportunities with Top 100 Customers WFT 2014 2014 Market Other customers Top 100 ( i n bi l l i ons ) Revenue Share 60 2014 Global Revenue in B IOC 3.1 5.6% 50 19% NOC 2.9 3.1% 40 17% 62% vs. 78% IND 3.3 4.5% 30 8%…
Our 2015 Actions and Objectives Transforming Weatherford for 2016 - 2020 EXTERNAL FOCUS Most strategic priority by design and culture Build upon recognition and capabilities Increase pace of customer engagement Seize market…
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