reports
NOV Announces Expansion of Subsea Flexible Pipe Manufacturing Capacity...
NOV Announces Expansion of Subsea Flexible Pipe Manufacturing Capacity to Support Growing Demand NOV to roughly double the capacity of its manufacturing facility in Brazil over the next three years to support anticipated demand$200 million capital expansion positions NOV to capture expected growth in offshore development activity and advance solutions for high-CO₂ applicationsSustained high utilization and strong backlog across existing facilities support the need for additional capacity HOUSTON, March 25, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) today announced plans to roughly do...
NOV Appoints Sanjay Chowbey, President & CEO of Kennametal Inc., to th...
NOV Appoints Sanjay Chowbey, President & CEO of Kennametal Inc., to the Board of Directors HOUSTON, March 17, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that Sanjay Chowbey has been appointed to the Company’s Board of Directors (the “Board”), effective March 17, 2026. “We are pleased to welcome Sanjay Chowbey to our board of directors,” said Jose Bayardo, Chairman, President, and Chief Executive Officer. “Sanjay brings a successful track record of leading high-quality global industrial companies and extensive experience driving manufacturing and operational excellence....
NOV Announces First Quarter 2026 Earnings Conference Call
NOV Announces First Quarter 2026 Earnings Conference Call HOUSTON, March 16, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2026 results on Tuesday, April 28, 2026, at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Monday, April 27, 2026. The call will be webcast live on . About NOVNOV 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 and effic...
NOV Announces 20 Percent Increase in Regular Quarterly Dividend
NOV Announces 20 Percent Increase in Regular Quarterly Dividend HOUSTON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors voted to increase its regular quarterly cash dividend by 20 percent to $0.09 per share of common stock. The quarterly dividend is payable on March 27, 2026 to each stockholder of record on March 13, 2026. About NOVNOV 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 minimiz...
NOV Reports Fourth Quarter and Full-Year 2025 Earnings
NOV Reports Fourth Quarter and Full-Year 2025 Earnings Fourth quarter revenues increased 5% sequentially to $2.28 billionFourth quarter net loss of $78 million, or $0.21 per shareFourth quarter Adjusted EBITDA* of $267 millionFourth quarter cash flow from operations of $573 million and free cash flow* of $472 million Full-year revenues of $8.74 billionFull-year net income of $145 million, or $0.39 per shareFull-year Adjusted EBITDA* of $1.03 billionFull-year cash flow from operations of $1.25 billion and free cash flow* of $876 millionFull-year bookings of $2.34 billion, with ending backlo...
NOV Announces Fourth Quarter and Full Year 2025 Earnings Conference Ca...
NOV Announces Fourth Quarter and Full Year 2025 Earnings Conference Call HOUSTON, Jan. 07, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its fourth quarter and full year 2025 results on Thursday, February 5, 2026, at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Wednesday, February 4, 2026. The call will be webcast live on . About NOVNOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that ena...
NOV Announces Sale of Advanced Nuclear Development Company Shepherd Po...
NOV Announces Sale of Advanced Nuclear Development Company Shepherd Power to Natura Resources in Stock for Stock Transaction NOV becomes investor in Natura Resources (“Natura”) and appoints representative to Natura’s Board of Directors in conjunction with the sale of Shepherd PowerNOV and Natura sign Memorandum of Understanding (“MOU”) to establish a supply chain agreement where NOV will leverage its manufacturing, supply chain, and project management expertise to support scaling advanced nuclear power solutions HOUSTON, Dec. 10, 2025 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) today announ...
NOV Declares Regular Quarterly Dividend
NOV Declares Regular Quarterly Dividend HOUSTON, Nov. 20, 2025 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.075 per share of common stock, payable on December 19, 2025 to each stockholder of record on December 5, 2025. About NOVNOV 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 and efficiently produce abundant energy while minimizing environmental impact. NOV powers the industry tha...
NOV Announces Retirement of Clay Williams and Appointment of Jose Baya...
NOV Announces Retirement of Clay Williams and Appointment of Jose Bayardo as CEO, Effective January 1, 2026 HOUSTON, Nov. 19, 2025 (GLOBE NEWSWIRE) -- NOV Inc. announced today that Clay Williams, Chairman and Chief Executive Officer will retire, and Jose Bayardo, NOV’s current President and Chief Operating Officer, will succeed him and serve as Chairman, President and Chief Executive Officer, effective January 1, 2026. This plan reflects the Board’s ongoing commitment to long-term succession planning and leadership continuity. “On behalf of the Board, I want to thank Clay for his leaders...
NOV Reports Third Quarter 2025 Results and Appointment of Jose Bayardo...
NOV Reports Third Quarter 2025 Results and Appointment of Jose Bayardo to Board of Directors Bookings of $951 million, representing a book-to-bill of 141%Revenues of $2.18 billionNet Income of $42 million, or $0.11 per shareAdjusted EBITDA* of $258 millionCash flow from operations of $352 million and free cash flow* of $245 millionReturned $108 million of capital to shareholders through share repurchases and dividends *Free Cash Flow, Excess Free Cash Flow and Adjusted EBITDA are non-GAAP measures, see “Non-GAAP Financial Measures,” “Reconciliation of Cash Flows from Operating Activities t...
NOV Announces Third Quarter 2025 Earnings Conference Call
NOV Announces Third Quarter 2025 Earnings Conference Call HOUSTON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its third quarter 2025 results on Tuesday, October 28, 2025, at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Monday, October 27, 2025. The call will be webcast live on . About NOVNOV 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 and ef...
NOV Declares Regular Quarterly Dividend
NOV Declares Regular Quarterly Dividend HOUSTON, Aug. 14, 2025 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.075 per share of common stock, payable on September 26, 2025 to each stockholder of record on September 12, 2025. About NOVNOV 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 depends on NOV’s dee...
NOV Reports Second Quarter 2025 Results
NOV Reports Second Quarter 2025 Results FOR IMMEDIATE RELEASE Revenues of $2.19 billion, up 4% sequentially and down 1% year-over-yearNet Income of $108 million, or $0.29 per shareAdjusted EBITDA* of $252 millionCash flow from operations of $191 million and free cash flow* of $108 millionReturned $176 million of capital to shareholders through share repurchases and dividends *Free Cash Flow, Excess Free Cash Flow and Adjusted EBITDA are non-GAAP measures, see “Non-GAAP Financial Measures,” “Reconciliation of Cash Flows from Operating Activities to Free Cash Flow and Excess Free Cash F...
NOV Announces Second Quarter 2025 Earnings Conference Call
NOV Announces Second Quarter 2025 Earnings Conference Call HOUSTON, June 27, 2025 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its second quarter 2025 results on Tuesday, July 29, 2025, at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Monday, July 28, 2025. The call will be webcast live on . About NOVNOV 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 ab...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of NOV Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 December 2024 in which we reassessed the appropriateness of the ratings in the context of the r...
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