Investor Presentaiton
Q1'21 EARNINGS PRESENTATION
DISCLAIMER
This presentation contains projections and forward looking statements concerning, among other things, Weatherford International plc's ("Weatherford" or
the "Company") prospects for its operations and expectations regarding future financial results which are subject to certain risks, uncertainties and
assumptions. These risks and uncertainties, which are more fully described in Weatherford's reports and registration statements filed with the SEC, include
but are not limited to risks associated with disease outbreaks and other public health issues, including COVID-19 pandemic, and their impact on the global
economy; Weatherford's preparedness for and response to the COVID-19 pandemic and the impact of logistical issues and business interruptions
associated with COVID-19 pandemic on Weatherford and its customers and suppliers; the macroeconomic outlook for the oil and gas industry; commodity
prices and demand for our goods and services; our ability to generate cash flow from operations to fund our business; and our ability to realize cost savings
and business enhancements from our revenue and cost improvement efforts. Should one or more of these risks or uncertainties materialize, or should the
assumptions prove incorrect, actual results may vary materially from those currently anticipated.
This presentation includes non-GAAP financial measures which we believe provide users of our financial information with additional meaningful
comparisons between current results and results of prior periods as well as comparisons with peer companies. The non-GAAP amounts should not be
considered as substitutes for operating income, provision for income taxes, net income or other data prepared and reported in accordance with GAAP, but
should be viewed in addition to the Company's reported results prepared in accordance with GAAP. Please refer to the appendices included herein and
our first quarter earnings release for a reconciliation of GAAP to the non-GAAP financial measures. All financial results in this presentation are unaudited.
2
©2021 Weatherford International plc. All rights reserved.View entire presentation