Thread regarding Weatherford International Ltd. layoffs

Earnings release tomorrow

Any guesses how much we will have lost this time?

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Post ID: @OP+17KBi4H2

8 replies (most recent on top)

Expecting to go from 1b loss to 1b profit overnight in current scenario? We're about to break even. See CF trends too. But we could walk on water. Haters gonna hate anyway

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Post ID: @2rdz+17KBi4H2

What earnings

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Post ID: @2rqa+17KBi4H2

ER was very good and you know it.

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Post ID: @2kea+17KBi4H2

We can use covid to cover all kinds of monkeyshines

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Post ID: @2jkx+17KBi4H2

Averages about 3 million per day capital losses...plus about 4 million a day in lost revenue from lost work. Technically wft was out of business 100 million dollars ago but ride it down

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Post ID: @nao+17KBi4H2

The Company's third-quarter 2020 net loss was $174 million, compared to a net loss of $581 million in the second quarter of 2020 and $821 million in the third quarter of 2019. Third-quarter 2020 cash flows from operations were $127 million and capital expenditures were $27 million.

Read more at: https://www.lelezard.com/en/news-19499541.html

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Post ID: @fnf+17KBi4H2

Management look on Covid as a godsend, they can blame everything on that now and shift the blame from themselves for the sh..show Weatherford has turned into

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Post ID: @bdr+17KBi4H2

What is goin on tomorrow here in US?Not coincidentally we show figures the very same day.Make your maths.

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Post ID: @qli+17KBi4H2

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