NOV Inc. today announced key leadership changes within its senior management team pursuant to the Company's long term succession planning. As part of this plan, Jose Bayardo, the Company's Senior Vice President & Chief Financial Officer, has been promoted to President & Chief Operating Officer. Rodney Reed, the Company's President of NOV Process Flow Technologies, has been promoted to Senior Vice President & Chief [...]
NOV Inc. will hold a conference call to discuss its first quarter 2025 results on Tuesday, April 29, 2025, at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Monday, April 28, 2025. The call will be webcast live on www.nov.com/investors. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has [...]
NOV Inc. announced today that its Board of Directors declared a regular quarterly cash dividend of $0.075 per share of common stock, payable on March 28, 2025 to each stockholder of record on March 14, 2025. 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 [...]
NOV Inc. today reported fourth quarter 2024 revenues of $2.31 billion, a decrease of one percent compared to the fourth quarter of 2023. Net income decreased $438 million, or $1.10 per diluted share, year-over-year from $598 million, which included the release of valuation allowances on deferred tax assets of $485 million. Operating profit increased 29 percent to $207 million, or 9.0 percent of sales. The Company recorded [...]
NOV Inc. will hold a conference call to discuss its fourth quarter and full year 2024 results on Wednesday, February 5, 2025, at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Tuesday, February 4, 2025. The call will be webcast live on www.nov.com/investors. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than [...]
NOV Inc. announced today that Chris Kendall has been appointed to the Company's Board of Directors, effective December 15, 2024. "We are pleased to welcome Chris Kendall to our board of directors," said Clay Williams, Chairman, President, and Chief Executive Officer. "Chris brings extensive experience in international, offshore, and domestic upstream oilfield operations to NOV's board. He has a strong and proven record of [...]
NOV Inc. announced today that its Board of Directors declared a regular quarterly cash dividend of $0.075 per share of common stock, payable on December 20, 2024 to each stockholder of record on December 6, 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 [...]
NOV Inc. today reported third quarter 2024 revenues of $2.19 billion, an increase of $6 million compared to the third quarter of 2023. Net income increased 14 percent to $130 million, or $0.33 per share, and operating profit increased six percent to $194 million, or 8.9 percent of sales. The Company recorded $5 million within Other Items . Adjusted EBITDA increased seven percent year-over-year to $286 million, or 13.1 [...]
NOV Inc. will hold a conference call to discuss its third quarter 2024 results on Friday, October 25, 2024, at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Thursday, October 24, 2024. The call will be webcast live on www.nov.com/investors. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has [...]
NOV Inc. announced today that its Board of Directors declared a regular quarterly cash dividend of $0.075 per share of common stock, payable on September 27, 2024 to each stockholder of record on September 13, 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 [...]
NOV Inc. today reported second quarter 2024 revenues of $2.22 billion, an increase of six percent compared to the second quarter of 2023. Net income was $226 million, or 10.2 percent of sales, an increase of $71 million compared to the second quarter of 2023. Operating profit was $313 million, or 14.1 percent of sales. The Company recorded a net credit of $118 million within Other Items . Adjusted EBITDA increased 15 [...]
NOV Inc. will hold a conference call to discuss its second quarter 2024 results on Friday, July 26, 2024, at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Thursday, July 25, 2024. The call will be webcast live on www.nov.com/investors. About NOVNOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has [...]