Weatherford International plc (NASDAQ:WFRD) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET

Company Participants

Luke Lemoine - SVP, Corporate Development and IR
Girish Saligram - President & CEO
Arun Mitra - EVP & CFO

Conference Call Participants

David Anderson - Barclays
James West - Evercore
Scott Gruber - Citigroup
Ati Modak - Goldman Sachs
Jim Rollyson - Raymond James
Saurabh Pant - Bank of America
Kurt Hallead - Benchmark
Doug Becker - Capital One
Joshua Chan - Daniel Energy Partners

Operator

Thank you. Ladies and gentlemen, thank you for standing by. Welcome to the Weatherford International Third Quarter 2024 Earnings Call. All participants will be in listen-only mode. [Operator Instructions]

As a reminder this event is being recorded. I would now like to turn the conference over to Luke Lemoine, Senior Vice President, Corporate Development. Sir, you may begin.

Luke Lemoine

Welcome, everyone, to the Weatherford International Third Quarter 2024 Earnings Conference Call. I'm joined today by Girish Saligram, President, CEO; and Arun Mitra, Executive Vice President and CFO. We'll 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 here within. 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 third quarter's earnings press release, which will 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 the call.

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

Girish Saligram

Thanks Luke, and thank you all for joining our call. I will kick-off our prepared remarks with an overview of our performance, an update on our capital return program, key highlights, and a brief market outlook. Arun will then cover cash flow, the balance sheet, liquidity, and guidance, and I will wrap up with some thoughts on our strategic direction and multi-year targets before opening for Q&A.