Weatherford International records $217.7 million net loss for July

By Caroline Salls

Pittsburgh, Aug. 21 – Weatherford International plc reported a $217.7 million net loss for July on zero revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

The company had $312.94 million in cash and cash equivalents as of July 31.

Weatherford is an oilfield services company based in Baar, Switzerland. The company filed bankruptcy on July 1 under Chapter 11 case number 19-33694.

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