NOV Inc. filings document the public-company record for an energy equipment and services supplier serving oil and gas operators and drilling contractors. Form 8-K reports furnish quarterly and preliminary operating results, conference-call materials, non-GAAP measures, bookings, backlog, capital returns and operational disruptions affecting deliveries, service activity and manufacturing costs.
The company's proxy statements and governance filings cover director elections, board composition, committee assignments, executive succession, director compensation and shareholder meeting matters. NOV's filings also describe capital structure topics such as debt, revolving credit availability, cash balances, dividends and share repurchases.
NOV Inc. ownership disclosure by Hotchkis and Wiley Capital Management, LLC. The amendment reports beneficial ownership of 14,919,613 shares of Common Stock, representing 4.14% of the class. The filing states HWCM has sole voting power over 14,173,833 shares and sole dispositive power over 14,919,613 shares. The filing notes some HWCM clients retain voting power over shares they beneficially own.
NOV Inc reports a 13G filing showing Vanguard Capital Management beneficially owns 18,905,811 shares of Common Stock, representing 5.24% of the class as of 03/31/2026.
The filing states Vanguard exercises sole dispositive power over the 18,905,811 shares and sole voting power over 2,719,515 shares, and that holdings include shares held for Vanguard funds and managed accounts.
NOV Inc Schedule 13G: Vanguard Portfolio Management reports beneficial ownership of 18,929,098 shares of Common Stock, representing 5.25% of the class as of 03/31/2026. The filing states sole dispositive power over 18,929,098 shares and sole voting power over 177,026 shares.
NOV Inc. reported weaker results for the first quarter of 2026. Revenue slipped 2% year-over-year to $2.05 billion, while operating profit fell to $47 million and net income attributable to the company dropped to $19 million, or $0.05 per diluted share.
Management attributes the decline mainly to conflict-related disruptions and logistics challenges in the Middle East, lower global drilling activity, and higher tariffs and input costs. Adjusted EBITDA decreased to $177 million, or 8.6% of sales. NOV still held $1.34 billion of cash, total debt of $1.72 billion, and an undrawn $1.5 billion credit facility, while returning cash through $33 million in dividends and $67 million of share repurchases.
NOV Inc. reported weaker results for the first quarter of 2026 as Middle East conflict disrupted operations. Revenue was $2.05 billion, down 2% year-over-year, and net income fell to $19 million, or $0.05 per diluted share.
Operating profit dropped to $47 million, while Adjusted EBITDA decreased by $75 million year-over-year to $177 million, or 8.6% of sales. The company estimates the conflict reduced revenue by $54 million and Adjusted EBITDA by $32 million.
Energy Equipment revenue rose 4% to $1.19 billion, but Energy Products and Services revenue declined 10% to $897 million. NOV returned $100 million to shareholders via $67 million of share repurchases and $33 million of dividends and ended the quarter with $1.34 billion of cash and $1.72 billion of total debt.
NOV Inc. issued an operational update indicating that first quarter 2026 results will come in below prior guidance due to disruptions from the war in the Middle East. The company currently expects to report revenues of $2.05 billion, operating profit of $47 million, and Adjusted EBITDA of $177 million for the quarter ended March 31, 2026.
Management estimates the conflict reduced revenue by about $54 million and Adjusted EBITDA by approximately $32 million, mainly from delayed deliveries of capital equipment and products and higher shipping and freight costs. Facilities in the region have not been damaged, and NOV notes its business remains solid elsewhere. Final results will be released after market close on April 27, 2026, followed by a conference call on April 28, 2026.
NOV Inc. is calling its 2026 annual stockholder meeting for May 20, 2026 at 10:00 a.m. in Houston, Texas. Stockholders will vote on electing nine directors for one-year terms, ratifying Ernst & Young LLP as independent auditors for 2026, and approving on an advisory basis the compensation of named executive officers.
Holders of NOV common stock at the March 25, 2026 record date, with 360,630,925 shares outstanding, are entitled to one vote per share. The proxy describes majority voting for directors, board and committee composition, director independence, executive roles, major institutional shareholders, prior say‑on‑pay support above 97% of votes cast in 2025, and the company’s pay‑for‑performance philosophy and governance practices.
NOV Inc. director Chowbey Sanjay has filed an initial insider ownership report on Form 3. The data provided shows no reported transactions, no derivative positions, and no buy or sell activity, indicating this is a routine initial disclosure without trading activity.
The Vanguard Group filed Amendment No. 14 to a Schedule 13G/A reporting zero beneficial ownership of NOV Inc. common stock. The amendment states that, after an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report disaggregated holdings and Vanguard no longer is deemed to beneficially own those securities. The filing lists Amount beneficially owned: 0 and Percent of class: 0%. The form is signed by Ashley Grim, Head of Global Fund Administration on March 27, 2026.