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Weatherford Announces Fourth-Quarter and Full-Year 2020 Results - Vimarsana News

Weatherford Announces Fourth-Quarter and Full-Year 2020 Results

Share this article Share this article 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 ...