NOV News and Press, National Oilwell Varco Inc. From 02/06/23

National Oilwell Varco press release ( NYSE: NOV ): Q4 GAAP EPS of $0.26 beats by $0.02 . Revenue of $2.07B (+36.2% Y/Y) beats by $110M . Operating Profit of $162 million, up $107 million sequentially and $177 million year-over-year Adjusted EBITDA of $231 million,...

Revenue of $2.07 billion, up 10% sequentially and 37% year-over-year Operating Profit of $162 million, up $107 million sequentially and $177 million year-over-year Net Income of $104 million, or $0.26 per fully diluted share Adjusted EBITDA* of $231 million, up $36 million...

National Oilwell Varco ( NYSE: NOV ) is scheduled to announce Q4 earnings results on Monday, February 6, after market close. The consensus EPS estimate is $0.24 and the consensus revenue estimate is $1.96B (+28.9% Y/Y). Over the last 1 year, NOV has beaten EPS and revenue es...

Summary Schlumberger's management team recently announced financial results covering the final quarter of the company's 2022 fiscal year. Sales and cash flows were robust, and the overall picture of the company just keeps getting healthier. Though the easy money has been made, the f...

Summary The Market's History After Negative Years is Usually Positive. What We Expect to Work in 2023: Industrials and Consumer Staples. Ideas that Intrigue us in 2023: Biotech and Oil Services. Brian Dress, CFA -- Director of Research, Investment Advisor. New ...

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. Oakmark Global Fund generated a 16.4% return in the fourth quarter. OAKGX certainly experienced the benefits of maintaining a global portfolio in...

Summary NOV finally saw emerging green shoots of a recovery during the first half of 2022 as oil and gas drilling picked up steam. Subsequently, their latest underlying financial performance is now back around its level during 2019 before the last severe downturn. Whilst positive, t...

Summary NINE's rapid rise has mirrored the de-risking in the credit market which no longer prices the company for bankruptcy. The valuation is now a bit too rich. The company filed a shelf offering so some dilution may be forthcoming. Insiders sold during the recent peak and sho...

NOV Inc. ( NYSE: NOV ) edged higher in Wednesday's trading as Morgan Stanley upgraded shares to Overweight from Equal Weight with a $24 price target, bumped up from $21 previously, citing its increasing conviction that the largest global supplier of oilfield services equipment is approach...

Summary My search for global yield takes me to Canada. Increased Canadian interest rates and strong oil and gas growth prospects paint a bullish outlook for the VDY ETF. However, according to my technical analysis read that takes into account flow, location, and trap elements, this ...