UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 21, 2011
WEATHERFORD INTERNATIONAL LTD.
(Exact name of registrant as specified in its charter)
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| Switzerland
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1-34258
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98-0606750 |
| (State of Incorporation)
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(Commission File No.)
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(I.R.S. Employer Identification No.) |
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| 4-6 Rue Jean-Francois Bartholoni, 1204 Geneva, Switzerland
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Not Applicable |
| (Address of Principal Executive Offices)
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(Zip Code) |
Telephone number, area code: 41.22.816.1500
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
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| Item 2.02. |
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Results of Operations and Financial Condition |
On April 21, 2011, we issued a news release announcing results for the quarter ended March 31,
2011. A copy of the press release is attached as Exhibit 99.1.
On April 21, 2011, following the news release and the filing of this Current Report on Form 8-K, we
will hold a conference call at 9:00 a.m. eastern, 8:00 a.m. Central, regarding the quarterly
results. This scheduled conference call was previously announced on March 23, 2011 and will be
available via real-time webcast.
To access the call please contact the conference call operator at 866-393-8572, or 706-643-6499 for
international calls, approximately 10 minutes prior to the scheduled start time, and ask for the
Weatherford conference call. The passcode is “Weatherford”. A replay will be available until 5:00
p.m. Central, May 5, 2011. The number for the replay is 800-642-1687, or 706-645-9291 for
international calls; passcode 54780896.
An enhanced webcast of the conference call and replay will be provided by Thomson Reuters and will
be available through Weatherford’s web site at http://www.weatherford.com. To access the conference
call and replay, click on the Investor Relations link and then click on the Enhanced Audio Webcast
link.
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| Item 7.01. |
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Regulation FD Disclosure |
On April 21, 2011, we issued a news release announcing results for the quarter ended March 31,
2011. A copy of the press release is attached as Exhibit 99.1.
In addition, on April 21, 2011 we posted to our website restated
reconciliations of GAAP to non-GAAP financial measures. These reconciliations have been restated to correct GAAP amounts to be consistent with amounts reported in our amended 2010 Form 10-K filed on April 14, 2011 and our amended Forms 10-Q for the first, second and third quarters of 2010, also filed on April 14, 2011. This information is attached hereto as
Exhibit 99.2. Weatherford’s management believes that certain non-GAAP performance measures and
ratios provide users of our financial information with additional meaningful comparisons between
current results and the results of prior operating periods. These non-GAAP financial measures are
not measures of financial performance under GAAP. Accordingly, they should not be considered as a
substitute for operating income, net income, other income or earnings per share prepared in
accordance with GAAP.
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| Item 9.01. |
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Financial Statements and Exhibits |
(d) Exhibits
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99.1
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Press release dated April 21, 2011, announcing results for the quarter ended
March 31, 2011 |
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99.2
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Restated 2009 and 2010 Reconciliation of GAAP to Non-GAAP Financial Measures |
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