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NOV News and Press, National Oilwell Varco Inc. From 02/22/24

Stock Information

Company Name: National Oilwell Varco Inc.
Stock Symbol: NOV
Market: NYSE
Website: nov.com

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NOV - NOV Announces Opening of Regional Headquarters in Dammam, Saudi Arabia

NOV Inc. (NOV), a leading provider of technology and equipment for the global energy industry, announced the establishment of its regional headquarters in Dammam, Saudi Arabia. The regional headquarters further emphasizes NOV's commitment to the region and to delivering exceptional products, serv...

NOV - Underperform Recommendation Issued On NOV By Raymond James

2024-02-06 12:15:01 ET Raymond James analyst issues UNDERPERFORM recommendation for NOV on February 6, 2024 11:00AM ET. The previous analyst recommendation was Underperform. NOV was trading at $17.42 at issue of the analyst recommendation. The overall analyst consensus :...

NOV - Sector Perform Recommendation Issued On NOV By RBC Capital

2024-02-06 12:15:01 ET RBC Capital analyst issues SECTOR PERFORM recommendation for NOV on February 6, 2024 11:00AM ET. The previous analyst recommendation was Sector Perform. NOV was trading at $17.42 at issue of the analyst recommendation. The overall analyst consensus...

NOV - NOV's Selloff On Last Week's Events Is Likely Overdone, But Wait For The Dust To Settle

2024-02-05 10:34:37 ET Summary NOV saw a double sell-off last week. The market got scared by Saudi dropping its capacity expansion plans and didn't appreciate NOV's North America revenue guidance either. Both concerns are overdone as the Saudi announcement will have little tan...

NOV - Exxon, Chevron planning to ramp up Permian Basin oil growth

2024-02-02 19:50:39 ET More on crude oil The Ugly Truth About US Oil Production And Why You Should Pay Attention U.S. And Global Energy: Macro Themes, Tech And Infrastructure Will This Oil Rally Continue? Read the full article on Seeking Alpha For fur...

NOV - NOV sinks to lowest close since July after issuing downside revenue guidance

2024-02-02 18:53:10 ET More on NOV Inc. NOV Earnings Preview: Cash Inflection Point Is Coming NOV: A Balanced Approach For Long-Term Investors Seeking Alpha's Quant Rating on NOV Read the full article on Seeking Alpha For further details see: NOV ...

NOV - NINE, NOV among major energy losers

2024-02-02 14:10:43 ET More on Energy Select Sector SPDR ETF U.S. And Global Energy: Macro Themes, Tech And Infrastructure Why Buffett Keeps Buying Energy Hand Over Fist: XLE Implications Reasons To Be Bullish About Oil In 2024 OXY, APA most shorted S&P 5...

NOV - NOV Inc. (NOV) Q4 2023 Earnings Call Transcript

2024-02-02 13:58:08 ET NOV Inc. (NOV) Q4 2023 Earnings Conference Call February 2, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director, IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and CFO Conference Call Participants ...

NOV - National Oilwell Varco GAAP EPS of $1.51 beats by $1.09, revenue of $2.34B beats by $80M

2024-02-01 23:27:08 ET More on National Oilwell Varco NOV Earnings Preview: Cash Flow Inflection Point Is Coming NOV Q4 earnings on deck: what to expect Oilfield services names cut at Benchmark as momentum favors international, offshore Seeking Alpha’s...

NOV - NOV Reports Fourth Quarter and Full Year 2023 Earnings

Fourth quarter revenue of $2.34 billion, up 7% sequentially and up 13% year-over-year Operating Profit of $161 million, down $22 million sequentially and down $1 million year-over-year Net Income of $598 million, up $484 million sequentially and up $494 million year-over-year ...

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