NOV News and Press, National Oilwell Varco Inc. From 03/31/22

Baker Hughes (NASDAQ:BKR -2.5%) is upgraded to Overweight from Equal Weight with a $43 price target, raised from $28, at Wells Fargo, which cites prospects of a split into two separate companies, an improved outlook for liquefied natural gas orders, and improvements in global oilfield service...

NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2022 results on Friday, April 29, 2022 at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, April 28, 2022. The call will...

NOV has ramped higher with the rise in oil, and is now experiencing a pullback from multi-year highs. We still think the company is too pricey for the current state of the industry, and better pricing may come along in the current oil weakness. We are counseling patience on NOV. ...

Citi analyst Scott Gruber downgraded NOV (NYSE:NOV) and Cactus (NYSE:WHD) to hold ahead of the open Monday, citing year-to-date outperformance and supply chain challenges. Gruber upgraded Nabors (NYSE:NBR) to hold, as global exposure and rig rate improvement killed the bank's bearish free cas...

NOV Inc. (NOV -5.3%) slumps from a two-year high after Bank of America double downgrades shares to Underperform from Buy with a $22 price target, one of three oilfield services stocks cut at the firm after the group's massive rally during the past two weeks (NYSEARCA:OIH). NOV's risk-rew...

Energy stocks (XLE -3.1%) comprise Wednesday's five biggest losers on the S&P 500, as crude futures plunged by the most since November after the United Arab Emirates and Iraq signaled OPEC may have greater willingness to raise production, as well as hopes for a de-escalation of the Russia...

If you're looking for a quick recovery in Russian stocks, you may be in for a rude awakening. I'm not buying arguments like "the war in Ukraine won't matter in a year." Russia's actions are causing significant systemic damage to the Russian economy and Russia's companies. I wo...

Leading oilfield services companies Schlumberger (SLB +8.1%), Halliburton (HAL +6.2%) and Baker Hughes (BKR +4.7%) all closed at multiyear highs Monday, leading the energy sector as WTI crude oil closed at its highest front-month contract finish since September 2008 after setting an overnight...

Gainers: Houston American Energy (NYSE:HUSA) +338%. Marine Petroleum (NASDAQ:MARPS) +78%. Nine Energy Service (NYSE:NINE) +78%. NOV (NYSE:NOV) +17%; Transocean (NYSE:RIG) +13%. Losers: Riley Exploration Permian (NYSE:REPX) -19%. Peabody Energy (NYSE:BTU) -16%. Hallado...

Shares of NOV Inc. (NYSE:NOV) traded today at $20.91, eclipsing its 52-week high. So far today approximately 2.8 million shares have been exchanged, as compared to an average 30-day volume of 5.6 million shares. NOV Inc. (NYSE:NOV) is currently priced 12.2% above its average consensus an...