Nov Inc. (NOV) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this oil and gas industry supplier would post earnings of $0.41 per share when it actually produced earnings of $0.54, delivering a surprise of 31.71%.Over the last four quarters ...

NOV Inc.’s(NOV)   telescopic leg crane has been recently awarded for its noteworthy contribution to the offshore industry at the Offshore Support Journal (OSJ) Industry Gala Dinner & Awards on February 7. The crane has won the OSJ Innovation of the Year Award 2024 for its substantial impact on offshore support vessel design, build and operational aspects over the past year. By recognizing the impact of the crane, the award also marks a milestone for the heavy lift industry.The telescopic crane received the ...

HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on March 28, 2024 to each stockholder of record on March 14, 2024. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2023 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) Delaware 76-0475815 (State or other jurisdiction (IRS Employer of incorporation or organization) Identific ...

NOV Inc. (NYSE:NOV) Q4 2023 Earnings Conference Call February 2, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director, IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and CFO Conference Call Participants Arun Jayaram - JPMorgan Securities Jim Rollyson - Raymond James Ati Modak - Goldman Sachs Doug Becker - Capital One Kurt Hallead - Benchmark Stephen Gengaro - Stifel Operator Good day, ladies and gentlemen, and welcome to the NOV Fourth Quarter and Full Year 2023 Earnings Confe ...

For the quarter ended December 2023, Nov Inc. (NOV) reported revenue of $2.34 billion, up 13% over the same period last year. EPS came in at $0.54, compared to $0.26 in the year-ago quarter.The reported revenue represents a surprise of +3.51% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $0.41, the EPS surprise was +31.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) today reported fourth quarter 2023 revenues of $2.34 billion, an increase of seven percent compared to the third quarter of 2023 and an increase of 13 percent compared to the fourth quarter of 2022. Net income for the fourth quarter of 2023 was $598 million, which included the release of valuation allowances on deferred tax assets of $485 million. Operating profit was $161 million, or 6.9 percent of sales, for the fourth quarter. Under Other Items the Company r ...

The market expects Nov Inc. (NOV) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 1, 2024, might help the stock move higher if these key numbers are ...

HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) announced today that Patricia B. "Patti" Melcher has been appointed to the Company’s Board of Directors, effective January 17, 2024. Ms. Melcher is currently a Managing Partner of EIV Capital, an energy-focused private equity firm she co-founded in 2009. “ We are pleased to welcome Patti to our board of directors and look forward to her contributions and insights in capital allocation and governance,” said Clay Williams, Chairman, President, and Chief Executiv ...

NOV Inc. (NYSE:NOV) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants Blake McCarthy - Vice President-Corporate Development & Investor Relations Clay Williams - Chairman, President & Chief Executive Officer Jose Bayardo - Senior Vice President & Chief Financial Officer Conference Call Participants James Rollyson - Raymond James Arun Jayaram - JPMorgan Securities Stephen Gengaro - Stifel Marc Bianchi - TD Cowen Kurt Hallead - Benchmark Ati Modak - Goldman Sachs Operator Good ...