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International activity and a shift in priorities helped Weatherford International increase its third quarter revenue, even as North America remained a margin-challenged region for the company....
15 gru 2019 · Weatherford International said on 13 December that it completed its financial restructuring and emerged from Chapter 11 protection, removing $6.2 billion of outstanding funded debt. The company also secured $2.6 billion in exit financing facilities, including a $450-million revolving credit facility, as well as a $195-million letter of credit ...
13 gru 2019 · HOUSTON – December 13, 2019 (PRNewswire) – Weatherford International plc today announced that it has completed its financial restructuring and emerged from chapter 11 protection.
The company filed for Chapter 11 bankruptcy [13] in the Southern District of Texas in July 2019, along with two subsidiaries. The petitions listed assets of more than $1 billion. [14] In December 2019, Weatherford announced that it completed its financial restructuring [15] and emerged from Chapter 11 protection. The company emerged with a ...
9 cze 2020 · Weatherford International, one of the biggest names in oilfield services, has parted with its chief executive in a move that analysts say could pave the way for its second bankruptcy in less...
30 paź 2023 · As Weatherford International crawls out of its bankruptcy hole, the company is finally starting to deliver results, CEO Girish Saligram says. In third-quarter 2023, Weatherford reported net income of $123 million on revenue of $1.31 million, which was up 3% on the second quarter and up 17% year-over-year. (Source: Shutterstock)
1 lip 2019 · Weatherford Operations Are Continuing Without Interruption and With No Expected Impact on Customers, Vendors, Partners or Employees.
