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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 * Adjusted EBITDA and Free Cash Flow are non-GAAP measures, see "Non-GAAP Financial Measures," "Reconciliation of Cash Flows from Operating Activities to Free Cash Flow" and "Reconciliation of Adjusted EBITDA to Net Income" below. HOUSTON, TX, July 25, 2024 NOV Inc. (NYSE: NOV) today reported second quarter 2024 revenues of $2.22 billion, an increase of six percent compared to the second q ...
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 ...
Factors You Need to Know Ahead of NOV Q2 Earnings Release
ZACKS· 2024-07-22 12:20
NOV Inc. (NOV) is set to release second-quarter results on Jul 25, 2024. The Zacks Consensus Estimate for earnings is pegged at 35 cents per share on revenues of $2.17 billion.Let’s delve into the factors that might have influenced the oilfield service provider’s performance in the June quarter. But first, it’s worth taking a look at NOV’s performance in the last reported quarter.Highlights of Q1 Earnings & Surprise HistoryIn the last reported quarter, the Houston, TX-based oil and gas equipment company bea ...
Is NOV (NOV) Stock Undervalued Right Now?
ZACKS· 2024-07-15 14:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find ...
Nov Inc. (NOV) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2024-06-12 14:45
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 includes access to the Zacks Style Sc ...
Why Nov Inc. (NOV) is a Top Momentum Stock for the Long-Term
zacks.com· 2024-05-29 14:56
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.Featuring 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, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...
Here's Why Nov Inc. (NOV) is a Strong Value Stock
zacks.com· 2024-05-23 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 ...
NOV(NOV) - 2024 Q1 - Earnings Call Transcript
2024-04-26 19:50
NOV Inc. (NYSE:NOV) Q1 2024 Earnings Conference Call April 26, 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 Jim Rollyson - Raymond James Stephen Gengaro - Stifel James West - Evercore ISI Tom Curran - Seaport Research Partners Scott Gruber - Citigroup Kurt Hallead - Benchmark Operator Good day, ladies and gentlemen, and welcome to the NOV First Quarter 2024 Earnings Conference Call. [O ...
NOV(NOV) - 2024 Q1 - Earnings Call Presentation
2024-04-26 18:12
NOV Inc. First Quarter 2024 Earnings Presentation April 26, 2024 Safe Harbor / Forward Looking Statements ...