Weatherford International plc (NASDAQ:WFRD) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET

Company Participants

Mohammed Topiwala - Vice President, Investor Relations & M&A
Girish Saligram - President & Chief Executive Officer
Arun Mitra - Executive Vice President & Chief Financial Officer

Conference Call Participants

Luke Lemoine - Piper Sandler
James West - Evercore
David Anderson - Barclays
Ati Modak - Goldman Sachs
Jim Rollyson - Raymond James
Scott Gruber - Citigroup
Doug Becker - Capital One
Kurt Hallead - Benchmark
Saurabh Pant - Bank of America

Operator

Good day, and welcome to the Weatherford Second Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note that this event is being recorded.

I would now like to turn the conference over to Mohammed Topiwala, Vice President, Investor Relations and M&A. Please go ahead, sir.

Mohammed Topiwala

Welcome, everyone, to the Weatherford International second quarter 2024 earnings conference call. I'm joined today by Girish Saligram, President and CEO; and Arun Mitra, Executive Vice President and CFO. We will start today with our prepared remarks and then open it up for questions. You may download a copy of the presentation slides corresponding to today's call from our website's Investor Relations section.

I want to remind everyone that some of today's comments include forward-looking statements. These statements are subject to many risks and uncertainties that could cause our actual results to differ materially from any expectation expressed herein. Please refer to our latest Securities and Exchange Commission filings for risk factors and cautions regarding forward-looking statements.

Our comments today also include non-GAAP financial measures. The underlying details and a reconciliation of GAAP to non-GAAP financial measures are included in our second quarter earnings press release, which can be found on our website. As a reminder, today's call is being webcast, and a recorded version will be available on our website's Investor Relations section following the conclusion of this call.

With that, I'd like to turn the call over to Girish.

Girish Saligram

Thanks, Mohammed, and thank you all for joining our call. I will kick off our prepared remarks with an overview of performance, the thesis on our capital allocation framework, key highlights and broad market view. Arun will then cover detail on the results, guidance and liquidity, and I will wrap up with some thoughts on the next phase for Weatherford before opening for Q&A.