NOV News and Press, National Oilwell Varco Inc. From 04/30/22

The Polaris Global Equity Composite returned -3.83%. We are constantly assessing the portfolio seeking to ensure that our holdings thrive in an inflationary period. We are actively seeking attractively-priced stocks with good upside potential and lesser downside risk. We belie...

NOV, Inc. (NOV) Q1 2022 Results Conference Call April 29, 2022 11:00 AM ET Company Participants Blake McCarthy - VP, Corporate Development & IR Clay Williams - Chairman, President & CEO Jose Bayardo - SVP & CFO Conference Call Participants Ian McPherson - Piper Sandler Scott Grube...

National Oilwell Varco press release (NYSE:NOV): Q1 GAAP EPS of -$0.13 misses by $0.07. Revenue of $1.55B (+24.0% Y/Y) beats by $20M. New orders booked during the quarter totaled $339M, representing a book-to-bill of 110% when compared to the $308M of orders shipped from backlog. For furthe...

NOV Inc. (NYSE: NOV) today reported first quarter 2022 revenues of $1.55 billion, an increase of 2 percent compared to the fourth quarter of 2021 and an increase of 24 percent compared to the first quarter of 2021. Net loss for the first quarter of 2022 was $50 million, or 3.2 percent o...

National Oilwell Varco (NYSE:NOV) is scheduled to announce Q1 earnings results on Thursday, April 28th, after market close. The consensus EPS Estimate is -$0.06 and the consensus Revenue Estimate is $1.53B (+22.4% Y/Y). Over the last 1 year, NOV has beaten EPS estimates 0% of the time and has...

The management team at Schlumberger is due to report financial results for the first quarter of the company's 2022 fiscal year on the morning of April 22nd. The current expectation is for Schlumberger to generate strong results on both its top and bottom lines. Though far from bei...

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 managers who think and act as owne...

Morgan Stanley previewed Q1 results for the oilfield service sector Monday, indicating that risk-reward appeared balanced and that the bank's preference is for international stories, over well-understood North America exposed names. The bank increased price targets across the sector, with an ...

The Financial Prophet's All-Weather Portfolio "AWP" delivered another solid quarter in Q1. Diversification, adjustments around pivotal points in the market, and effective hedging helped optimize the portfolio's returns. However, not everything worked out as well as it could have. ...

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...