Welcome to our dedicated page for Nov news (Ticker: NOV), a resource for investors and traders seeking the latest updates and insights on Nov stock.
NOV Inc (NOV) delivers essential equipment and technology solutions for global energy sector operations. This news hub provides investors and industry professionals with timely updates on strategic developments, financial performance, and technological advancements shaping the oil and gas landscape.
Access curated press releases and analysis covering NOV's drilling systems innovations, partnership announcements, and quarterly earnings reports. Our repository simplifies tracking of operational milestones, leadership changes, and market expansion initiatives critical to understanding the company's trajectory.
Discover updates across key business areas including advanced drilling technologies, energy transition solutions, and global service network enhancements. Content is rigorously verified to ensure accuracy and relevance for both technical experts and general market observers.
Bookmark this page for streamlined access to NOV's latest corporate communications, regulatory filings, and industry commentary. Stay informed about the engineering developments and operational strategies driving one of energy's most established equipment providers.
NOV Inc. will discuss its Q4 and full-year 2022 results on February 7, 2023, at 10 a.m. CT. The earnings press release will be issued after market close on February 6, 2023. This conference call provides an opportunity for analysts and investors to gain insights into the company's financial performance and strategic direction. NOV focuses on technology-driven solutions for the energy industry, emphasizing sustainability and operational efficiency.
NOV Inc. (NYSE: NOV) has declared a regular quarterly cash dividend of $0.05 per share, scheduled for payment on December 23, 2022. Stockholders of record as of December 9, 2022 will be eligible to receive this dividend. NOV continues to provide innovative technology solutions to the global energy sector, enhancing efficiency while aiming for a more sustainable energy future.
NOV reported third quarter 2022 revenue of $1.89 billion, reflecting a 9% sequential increase and a 41% year-over-year rise. Net income was $32 million or $0.08 per diluted share. Adjusted EBITDA rose to $195 million, marking a 23% year-over-year increase. Segment revenues, including Wellbore Technologies at $741 million and Completion & Production Solutions at $681 million, showed strong growth. However, operating profit decreased by $13 million sequentially, highlighting ongoing supply chain challenges. The company plans to address these with improved execution strategies.
NOV Inc. (NYSE: NOV) will hold a conference call on Friday, October 28, 2022, at 10 a.m. (Central Time) to discuss its third quarter 2022 results. A press release with the results will be issued after market close on Thursday, October 27, 2022. Investors can access the call via live webcast at www.nov.com/investors. NOV has over 150 years of experience providing technology-driven solutions to the energy industry, focusing on safety and minimizing environmental impact.
NOV Inc. (NYSE: NOV) has announced a quarterly cash dividend of $0.05 per share, payable on September 30, 2022 to stockholders of record on September 16, 2022. This decision reflects the company's commitment to returning value to its shareholders. With over 150 years in the energy sector, NOV continues to provide technology-driven solutions aimed at minimizing environmental impact while supporting the energy transition towards sustainability.
NOV reported Q2 2022 revenues of $1.73 billion, a 12% sequential increase and 22% year-over-year growth. Net income stood at $69 million or $0.18 per diluted share, while operating profit reached $68 million. Adjusted EBITDA climbed to $150 million, reflecting a significant increase. The company secured $670 million in orders, achieving a book-to-bill ratio of 117%. The Wellbore Technologies segment saw substantial growth, with revenues up 10% sequentially and 44% year-over-year. Despite challenges in supply chains and inflation, NOV continues to meet rising market demand.
NOV Inc. (NYSE: NOV) will hold a conference call to discuss its second quarter 2022 results on July 28, 2022, at 10 a.m. CT. The results will be released after market close on July 27, 2022. The conference call will be webcast live and available on the company’s investor relations page.
With over 150 years in the energy sector, NOV provides technology-driven solutions aimed at enhancing oilfield operations while promoting sustainability in energy production.
NOV Inc. (NYSE: NOV) declared a quarterly cash dividend of $0.05 per share, payable on June 24, 2022, to stockholders of record on June 10, 2022. This decision reflects the company's commitment to returning value to its shareholders. NOV has over 150 years of experience in delivering technology-driven solutions to the energy industry, focusing on safe energy production while minimizing environmental impact. Their expertise supports advancements towards a sustainable energy future.
NOV reported Q1 2022 revenues of $1.55 billion, up 24% year-over-year, while net loss was $50 million or 3.2% of sales. Adjusted EBITDA rose to $103 million, representing 6.7% of sales. The Wellbore Technologies segment generated$608 million in revenue, up 47% year-over-year. Despite challenges in Completion & Production Solutions, backlog increased 68% year-over-year to $1.36 billion. The company also secured significant contracts in both wind and oil sectors, demonstrating a strong market position.
NOV Inc. (NYSE: NOV) will hold a conference call on April 29, 2022, at 10 a.m. Central Time to discuss its first quarter 2022 results. The press release detailing the results will be issued after market close on April 28, 2022. The call will be available for live webcast on NOV's investor relations website.
With over 150 years of experience, NOV provides technology-driven solutions to the global energy industry, focusing on safety, efficiency, and sustainability in oilfield operations.
