UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number 1-12317 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 MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 NOV INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 76-0475815 (IRS Employ ...

FOR IMMEDIATE RELEASE NOV REPORTS FIRST QUARTER 2024 RESULTS, RETURN OF CAPITAL FRAMEWORK, $1 BILLION SHARE REPURCHASE AUTHORIZATION, AND PLAN TO INCREASE DIVIDEND 50% Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 * Adjusted EBITDA, Free cash flow, and Excess 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, April 25, 2024 NOV ...

Nov Inc. (NOV) reported $2.16 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.8%. EPS of $0.30 for the same period compares to $0.32 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.11 billion, representing a surprise of +2.37%. The company delivered an EPS surprise of +11.11%, with the consensus EPS estimate being $0.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

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) (State or other jurisdiction of incorporation or organization) Delaware 76-0475815 (IRS Employer 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 ...