NOV Inc. today reported third quarter 2021 revenues of $1.34 billion, a decrease of 5 percent compared to the second quarter of 2021 and a decrease of 3 percent compared to the third quarter of 2020. Net loss for the third quarter of 2021 was $69 million, or 5.1 percent of sales, which included $12 million in pre-tax charges related to COVID-19 operational disruptions on a project in a Southeast Asian shipyard and $24 [...]
NOV Inc. announced today that Robert Welborn has been appointed to the Company's Board of Directors, effective October 20, 2021. Mr. Welborn is the Head of Programs Data Science, Small Business Group for Facebook, Inc. where he oversees the development of solutions used by over 140 million businesses around the world. Prior to joining Facebook, he held various positions within General Motors, including Global Chief Data [...]
NOV Inc. today announced Scott K. Duff Vice President, Corporate Controller and Chief Accounting Officer, notified the Company of his intention to retire. Mr. Duff will step down from his current role effective November 1, 2021 and remain employed as an advisor until his retirement on February 28, 2022. Christy H. Novak will succeed Mr. Duff as Vice President, Corporate Controller and Chief Accounting Officer effective [...]
NOV Inc. today announced the signing of a contract with COSCO SHIPPING Heavy Industry and Cadeler to supply two GustoMSC™ NG-20000X self-propelled wind turbine installation jack-up vessel designs, which will be known as the Cadeler X-Class. The Cadeler X-Class is designed with 5,600 m2 of deck space and a carrying capacity of more than 17,600 tons, the largest in the industry. This new hybrid, DNV-certified, cyber-secure [...]
NOV Inc. will hold a conference call to discuss its third quarter 2021 results on Wednesday, October 27, 2021 at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Tuesday, October 26, 2021. 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. today reported second quarter 2021 revenues of $1.42 billion, an increase of 13 percent compared to the first quarter of 2021 and a decrease of five percent compared to the second quarter of 2020. Net loss for the second quarter of 2021 was $26 million, or 1.8 percent of sales, which included pre-tax net charges of $15 million. Adjusted EBITDA increased sequentially to $104 million, or 7.3 percent of sales [...]
NOV Inc. will hold a conference call to discuss its second quarter 2021 results on Wednesday, July 28, 2021 at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Tuesday, July 27, 2021. 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. today reported first quarter 2021 revenues of $1.25 billion, a decrease of six percent compared to the fourth quarter of 2020 and a decrease of 34 percent compared to the first quarter of 2020. Net loss for the first quarter of 2021 was $115 million, or 9.2 percent of sales, which included non-cash, pre-tax charges of $9 million. Adjusted EBITDA decreased $17 million sequentially to $0. "We are encouraged by [...]
NOV Inc. announced today that it expects operational disruptions and softer-than-anticipated customer orders will cause first quarter 2021 operating results to fall below prior guidance. "Unfortunately, the extreme winter weather across Texas and Oklahoma, the ongoing effects of COVID-19 lockdowns, and the continued spending austerity from our oilfield customers are combining to take a greater-than-expected toll on our [...]
NexTier Oilfield Solutions Inc. and NOV Inc. today announced the recent completion of the first phase of field testing of NOV's electric fracturing system known as the Ideal™ eFrac pump. The Ideal eFrac pump provides efficient, environmentally conscious hydraulic fracturing capabilities that dramatically reduce emissions, equipment, and complexity at the well site. The field test, completed on behalf of a major operator [...]
Headline and release summary of release should read: NOV Inc. Announces Full Redemption of Its Outstanding 2.60% Senior Notes Due 2022 . The updated release reads: NOV Inc. 2.60% SENIOR NOTES DUE 2022 NOV Inc. today announced that it intends to redeem in full all $182.7 million in aggregate principal amount of its outstanding 2.60% senior notes due December 2022 . The redemption will be made in accordance with the terms [...]
NOV Inc. today announced that it intends to redeem in full all $182.7 million in aggregate principal amount of its outstanding 2.60% senior notes due December 2022 . The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption. The Company expects the Notes to be redeemed on April 9, 2021 , at a redemption price equal to par plus a make-whole [...]
+11900,00 %
-52,46 %