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Weatherford Announces First-Quarter 2021 Results


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HOUSTON, May 5, 2021 /PRNewswire/  Weatherford International plc (OTC Pink: WFTLF) ( Weatherford or the Company ) announced today its results for the first quarter of 2021.
Revenues for the first quarter of 2021 were $832 million, a decline of 1% sequentially and 32% year-on-year.  Reported operating loss was $13 million in the first quarter of 2021, compared to an operating loss of $107 million in the fourth quarter of 2020 and an operating loss of $822 million in the first quarter of 2020. The Company s first-quarter 2021 net loss was $116 million, compared to a net loss of $200 million in the fourth quarter of 2020 and a net loss of $966 million in the first quarter of 2020. First-quarter 2021 cash flows provided by operations were $74 million, compared to cash flows provided by operations of $22 million in the fourth quarter of 2020 and cash flows provided by operations of $30 million in the first quarter of 2020. Capita ....

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The Energy Inclusion Conference Announces the Top Diverse Le


CONTENT: Press Release
United States, Mar. 4, 2021 /3BL Media/- The Energy Diversity & Inclusion Council kicks off The Energy Inclusion Conference announcing the Top Diverse Leaders in Energy on February 23 - 25, 2021. This year’s conference theme is “Inclusion Leads to Innovation”. This virtual conference will feature keynote speakers such as Pedro Pizarro, Paula Gold Williams, Girish Saligram and more. During the conference, professionals will gain access to learning sessions held by industry experts, organizational tracks, and endless inspiration that highlight the importance of diversity and inclusion in the energy arena. 
The Top Diverse Leaders in Energy award features the highest caliber of executive leadership within this industry. ....

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Weatherford Announces Fourth-Quarter and Full-Year 2020 Results


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HOUSTON, Feb. 17, 2021 /PRNewswire/ Weatherford International plc (OTC Pink: WFTLF) ( Weatherford or the Company ) announced today its results for the fourth quarter and full-year 2020.
Revenues for the fourth quarter of 2020 were $842 million, compared to revenue of $985 million and $261 million in the Predecessor and Successor periods of the fourth quarter of 2019, respectively. Reported operating loss was $107 million in the fourth quarter of 2020, compared to an operating loss of $316 million and operating income of $1 million in the Predecessor and Successor periods of the fourth quarter of 2019, respectively. The Company s fourth-quarter 2020 net loss was $200 million, compared to net income of $5.3 billion and a net loss of $26 million in the Predecessor and Successor periods of the fourth quarter of 2019, respectively. Fourth-quarter 2020 cash flows provided by operations were $22 million, compared to cash flows used in ....

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