Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV REPORTS FIRST QUARTER 2025 RESULTS Energy Products and Services generated revenues of $992 million in the first quarter of 2025, a decrease of two percent from the first quarter of 2024. Operating profit decreased $38 million from the prior year to $83 million, or 8.4 percent of sales, and included $5 million in Other Items. Adjusted EBITDA decreased $29 million from the prior year to $145 million, or 14.6 percent of sales. ...

NOV Inc. (NOV) reported first-quarter 2025 adjusted earnings of 19 cents per share, which missed the Zacks Consensus Estimate of 25 cents. The bottom line decreased from the year-ago quarter’s 30 cents. This underperformance can be attributed to margin pressures on projects within its Energy Equipment segment. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) The oil and gas equipment and services company’s total revenues of $2.1 billion marginally beat the Zacks Consensus Estimate b ...

分组1 - Nov Inc. reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.25 per share, and down from $0.30 per share a year ago, representing an earnings surprise of -24% [1] - The company posted revenues of $2.1 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.21%, but down from year-ago revenues of $2.16 billion [2] - Over the last four quarters, Nov Inc. has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] 分组2 - The stock has lost about 15.6% since the beginning of the year, compared to the S&P 500's decline of -6.1% [3] - The current consensus EPS estimate for the coming quarter is $0.33 on $2.17 billion in revenues, and $1.36 on $8.79 billion in revenues for the current fiscal year [7] - The Zacks Industry Rank for Oil and Gas - Mechanical and Equipment is currently in the bottom 8% of over 250 Zacks industries, indicating potential challenges for the sector [8]

NOV Inc. (NOV) is set to release first-quarter 2025 results on April 28, 2025. The Zacks Consensus Estimate for earnings is pegged at 25 cents per share and the same for revenues is pinned at $2.10 billion.Let us delve into the factors that are likely to have influenced the oilfield service provider’s performance in the to-be-reported quarter. But first, it is worth taking a look at NOV’s performance in the last reported quarter.Highlights of NOV’s Q4 Earnings & Surprise HistoryIn the last reported quarter, ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Nov Inc. due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Nov Inc. is expected to report quarterly earnings of $0.25 per share, reflecting a -16.7% change year-over-year, with revenues projected at $2.1 billion, down 2.6% from the previous year [3]. - The consensus EPS estimate has been revised 2.09% lower in the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4%, complicating predictions for an earnings beat [10][11]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise [8]. Historical Performance - In the last reported quarter, Nov Inc. exceeded expectations by delivering earnings of $0.41 per share against an expected $0.35, resulting in a surprise of +17.14% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Market Reaction Considerations - An earnings beat or miss alone may not dictate stock movement, as other factors can influence investor sentiment [14]. - Despite not appearing as a compelling earnings-beat candidate, other factors should be considered when evaluating the stock ahead of its earnings release [16].

Group 1 - NOV Inc. has entered into an agreement with Petrobras S.A. to develop CO2-resistant flexible pipes for deepwater oil and gas operations, addressing the challenge of stress corrosion cracking (SCC) caused by high CO2 concentration [1][2] - The collaboration will focus on developing stainless steel armoring technology to combat SCC, with Petrobras investing in this technology while working closely with NOV [2] - The partners aim to create 6-inch and 8-inch production and gas injection risers along with associated flowlines designed to withstand high CO2 levels in deepwater environments [3] Group 2 - The new technology is intended to retain the core features of standard flexible pipes, such as easy installation and compatibility with existing oil and gas infrastructure, minimizing disruptions to ongoing operations [4] - NOV emphasizes that this innovative solution showcases how collaboration and knowledge sharing can advance technological developments that benefit the oil and gas industry as a whole [5] Group 3 - Both NOV and Petrobras currently hold a Zacks Rank 3 (Hold), indicating a neutral outlook [6] - Other energy sector companies with better rankings include Archrock Inc. with a Zacks Rank 1 (Strong Buy) and Nine Energy Service with a Zacks Rank 2 (Buy) [6]

Core Viewpoint - NOV Inc. is a well-established provider of advanced equipment and technology for the oil, gas, and renewable energy industries, with a significant role in global energy production and a focus on both traditional and renewable energy sources [1] Group 1: Growth Opportunities - Strong backlog growth and a resilient book-to-bill ratio have been maintained, with a book-to-bill ratio above 1 in 10 of the last 12 quarters, indicating the ability to secure new orders faster than product deliveries [3] - The company's backlog has grown by 22% over the past four years, providing strong visibility into future revenues, particularly for offshore and production-related equipment [3] - NOV generated $953 million in free cash flow in 2024, converting 86% of its EBITDA into cash, allowing for investment in growth initiatives and shareholder returns [4][6] - The company is gaining market share in high-growth segments, with a notable 89% year-over-year growth in friction reduction tools and downhole tools [7] - NOV is benefiting from rising offshore investments, particularly in deepwater projects, securing major FPSO equipment contracts in Brazil and West Africa [8] - Advancements in digital and automation solutions, such as the Max Edge platform, have seen strong adoption, positioning NOV for growth in high-tech energy services [9] Group 2: Risks and Challenges - Potential headwinds from commodity price volatility could pressure oil prices, leading to cuts in exploration and production spending, negatively impacting NOV's revenue outlook [10] - The offshore drilling market faces uncertainty, with many drilling contractors experiencing idle rigs, leading to lower aftermarket demand for NOV's offshore drilling equipment and services [11] - Weak demand for pressure pumping and stimulation equipment in North America is expected to weigh on NOV's revenues and margins in 2025 [12] - NOV's share price has underperformed compared to the Zacks Oil and Energy sector and the Mechanical and Equipment Oil and Gas sub-industry, dropping 12.6% over the past six months [13] - North America's drilling activity declined by 9% in 2024, impacting demand for NOV's short-cycle products [16] Group 3: Final Thoughts - NOV's strong backlog growth and free cash flow generation support long-term stability and investor confidence, despite facing potential challenges from commodity price volatility and market uncertainties [17][18]

Financial Performance - As of December 31, 2024, the company's backlog was $4.4 billion, up from $4.1 billion in 2023 and $3.8 billion in 2022, indicating a growth of approximately 7.3% year-over-year[60] - The company reported foreign currency losses of $19 million, $84 million, and $25 million for the years ended December 31, 2024, 2023, and 2022, respectively, highlighting a significant decrease in losses in 2024[206] - The company had transactional exposures totaling $594 million and translational exposures totaling $354 million in foreign currencies as of December 31, 2024[208] - The company’s borrowings included $1,091 million in 3.95% Senior Notes and $496 million in 3.60% Senior Notes, with no outstanding letters of credit under the credit facility, resulting in $1.5 billion of available funds[210] Innovation and Technology - The company has invested in new technologies related to renewable energy, indicating a strategic focus on diversifying its product offerings[54] - The company holds a substantial number of granted patents and pending patent applications worldwide, with expiration dates ranging from 2025 to 2044, reflecting its commitment to innovation[55] Operational Challenges - The company has experienced rising prices for stainless alloy products, which may impact future operations if raw material costs continue to increase[58] Workforce and Diversity - The company employs 34,010 global employees, with 34% based in the United States, emphasizing its diverse workforce[61] - The company recognizes that diversity and inclusion contribute to achieving its goals, with women making up 16% of all employees and 27% of the Board of Directors[67] Employee Safety and Health - The company has implemented various safety programs and initiatives to protect the health and safety of its employees, which is a core value[65]

Core Viewpoint - NOV is currently perceived as a shadow of its former self from over a decade ago, particularly before the oil price crash in 2015, which was influenced by OPEC's actions against U.S. shale producers [1] Group 1 - The company has not been reviewed in detail for about two years, indicating a potential gap in recent performance analysis [1]

NOV Inc. Fourth Quarter and Full Year 2024 Earnings Presentation February 5, 2025 $1.11B Adjusted EBITDA1 38% Incremental margin $953MM 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 ...