NOV News and Press, National Oilwell Varco Inc. From 04/26/23

Revenue of $1.96 billion, down 5% sequentially and up 27% year-over-year Operating Profit of $126 million, down $36 million sequentially and up $147 million year-over-year Net Income of $126 million, or $0.32 per fully diluted share Adjusted EBITDA* of $195 million, down $...

2023-04-19 07:30:00 ET Summary The management team at Schlumberger Limited is expected to announce results for the first quarter of the company's 2023 fiscal year soon. Leading up to that point, analysts have high expectations, but these may not be unrealistic. The firm is als...

2023-04-18 12:58:53 ET Helmerich & Payne ( NYSE: HP ) trades slightly lower Tuesday as Morgan Stanley downgraded the stock to Underweight from Equal Weight with a $45 price target, saying it expects below-consensus earnings coming in Q3 and FY 2023. Morgan Stanley said i...

2023-04-12 23:59:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

2023-03-27 17:43:30 ET Summary Despite seeing green shoots for a recovery growing larger and stronger during 2022, sadly the fourth quarter saw weaker financial performance for NOV Inc. Even more worryingly, the United States oil and gas rig count is now dropping. This makes w...

2023-03-27 11:36:28 ET Summary Oil prices are off the lows following a lack of negative news over the last few days. The Energy sector remains priced low compared to earnings; I see shares of NOV as a continued value with impressive EPS growth ahead. With an earnings date in l...

NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2023 results on Thursday, April 27, 2023, 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, April 26, 2023. The call will be we...

Summary Oil States had a solid Q4 and provided positive guidance for 2023. The oilfield services recovery continues, especially in the international and offshore markets. The crash in U.S. natural gas prices reflected negatively on some onshore services providers, but Oil States' ma...

NOV Inc. (NOV) Q4 2022 Results Conference Call February 07, 2023 11:00 AM ET Company Participants Blake McCarthy - VP, Corporate Development and IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and CFO Conference Call Participants Jim Rolly...

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,...