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Nov Inc. (NOV) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2024-09-06 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
Here's Why Nov Inc. (NOV) is a Strong Growth Stock
ZACKS· 2024-08-16 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...
Why Nov Inc. (NOV) is a Top Value Stock for the Long-Term
ZACKS· 2024-08-15 14:47
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...
Why Nov Inc. (NOV) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-31 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The ...
NOV(NOV) - 2024 Q2 - Quarterly Report
2024-07-29 16:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-12317 NOV INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No. ...
NOV Q2 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2024-07-29 12:00
NOV Inc. (NOV) reported second-quarter 2024 adjusted earnings of 57 cents per share, which beat the Zacks Consensus Estimate of 35 cents and increased from the year-ago quarter’s level of 39 cents. The outperformance can be attributed to improving execution, customer demand and pricing.The oil and gas equipment and services company’s total revenues of $2.2 billion surpassed the Zacks Consensus Estimate by 1.5%. The top line also increased 5.9% from the year-ago quarter’s figure of $2.1 billion. The better-t ...
NOV(NOV) - 2024 Q2 - Earnings Call Presentation
2024-07-26 19:27
NOV Inc. Second Quarter 2024 Earnings Presentation July 26, 2024 Safe Harbor / Forward-Looking Statements / Non-GAAP Financial Measures Statements in this presentation, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. Statements of hopes, beliefs, expectations, and predictions of future performance are subject to numerous risks and uncertainties, many of which are beyond the Company's control. Actual results may di ...
NOV(NOV) - 2024 Q2 - Earnings Call Transcript
2024-07-26 19:27
NOV Inc. (NYSE:NOV) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director, Investor Relations Clay Williams - Chairman, President and CEO Jose Bayardo - Senior Vice President and CFO Conference Call Participants Jim Rollyson - Raymond James James West - Evercore Arun Jayaram - JPMorgan Marc Bianchi - TD Cowen Luke Lemoine - Piper Sandler Stephen Gengaro - Stifel Operator Good day and thank you for standing by. Welcome to Q2 NOV, Inc. Earnings Conference C ...
NOV(NOV) - 2024 Q2 - Quarterly Results
2024-07-26 13:01
Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV REPORTS SECOND QUARTER 2024 RESULTS • Revenue of $2.22 billion, an increase of 6% year-over-year • Net Income of $226 million, and $0.57 per share, up $71 million, or $0.18 per share, yearover-year • Adjusted EBITDA* of $281 million, an increase of $36 million year-over-year • Cash flow from operations of $432 million and free cash flow* of $350 million • Bookings of $977 million, representing a 177% book-to-bill • Repurchas ...
Nov Inc. (NOV) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-26 01:00
Nov Inc. (NOV) reported $2.22 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.9%. EPS of $0.57 for the same period compares to $0.39 a year ago.The reported revenue represents a surprise of +1.98% over the Zacks Consensus Estimate of $2.17 billion. With the consensus EPS estimate being $0.35, the EPS surprise was +62.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...