On our path to create a more valuable Weatherford, we set out to accomplish several key initiatives in 2014. With an intensely dedicated team, we substantially achieved these objectives and positioned our Company to focus on the growth of our core businesses, while ensuring a lean and efficient cost structure and embedding a culture of cash.
- 01SuccessfulConclusionOf MultipleUS GovernmentAgency InvestigationsAchieved✓
- 02AnnualizedPre-Tax CostSavingsAchieved✓
- 03Total Non-CoreDivestitureProceedsAchieved✓
- 04Net DebtReductionAchieved✓
- 07FreeCash FlowFrom OperationsImproved