NOV(NOV)

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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 ...
NOV(NOV) - 2024 Q1 - Quarterly Report
2024-04-26 17:01
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 ...
NOV(NOV) - 2024 Q1 - Quarterly Results
2024-04-26 13:01
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) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-26 01:31
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) Tops Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-26 00:26
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's Telescopic Leg Crane Sets Novel Industry Standard
Zacks Investment Research· 2024-03-08 17:20
Group 1: Company Achievements - NOV Inc.'s telescopic leg crane has won the OSJ Innovation of the Year Award 2024 for its significant impact on offshore support vessel design and operations [1] - The crane also received the Maritime Innovation Award at the Maritime Awards Gala on November 6, 2023, further establishing its importance in the Dutch maritime industry [1] - The dual recognition highlights NOV's commitment to innovation and sustainable solutions in the offshore industry [1] Group 2: Product Features - The telescopic leg crane, developed by GustoMSC, is designed for heavy lifting, capable of lifting turbines over 180 meters (590 feet) tall and weighing more than 1,000 tons [2] - The crane can retract its boom length by nearly 50%, allowing for safe transport in heavy seas and seamless integration on vessels [2] - It promotes a 20% reduction in carbon dioxide emissions as it operates fully electric and regenerates energy during load lowering [2] Group 3: Industry Context - A range of telescopic leg cranes developed by NOV is setting a new industry standard in the offshore segment, with larger models suited for wind turbine and foundation installation, while smaller models are intended for maintenance [2]
NOV Declares Regular Quarterly Dividend
Businesswire· 2024-02-15 11:30
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 ...
NOV(NOV) - 2023 Q4 - Annual Report
2024-02-13 16:00
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 ...