NOV News and Press, National Oilwell Varco Inc. From 08/01/22

NOV reinstated their dividends in late 2021, although at the time, it was prudent for investors to keep their expectations low. On the surface, the first half of 2022 appears terrible with negative operating cash flow. Thankfully this was merely from a relatively outsized working ...

Nov, Inc. (NOV) Q2 2022 Earnings Conference Call July 28, 2022, 11:00 ET Company Participants Blake McCarthy - VP, Corporate Development & IR Clay Williams - Chairman, President & CEO Jose Bayardo - SVP & CFO Conference Call Participants S...

NOV press release ( NYSE: NOV ): Q2 GAAP EPS of $0.18 beats by $0.14 . Revenue of $1.73B (+21.8% Y/Y) beats by $100M . Quarterly orders of $670M with a book-to-bill of 117%. For further details see: NOV GAAP EPS of $0.18 beats by $0.14, revenue of $1....

Revenue of $1.73 billion, up 12% sequentially and 22% year-over-year Net Income of $69 million, or $0.18 per fully diluted share Operating profit of $68 million, up $89 million sequentially and $56 million year-over-year Adjusted EBITDA* of $150 million, up $...

The market has been worried about Halliburton and companies similar to it as energy prices have pulled back from their highs and fears of a recession mount. Though that could impact the company in the near term, the overall fundamental picture of the business is robust. Shares are...

ChampionX ( NASDAQ: CHX ) +4.3% and TechnipFMC ( NYSE: FTI ) +2.1% in Friday's trading, as Bank of America upgrades shares of both oilfield services companies to Buy from Neutral with respective $22 and $8 price targets, as part of a ratings reshuffle p...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The unraveling of commodity prices is well underway. Crude oil, for instance, dropped 27% from the peak reached after Russia invaded Ukraine. The decline pulled prices to the 200-day moving average, resulting in the first t...

Security selection was strong on a relative basis and the portfolio outpaced its Russell Mid Cap® Value Index benchmark for the period and year to date. As inflationary pressures intensify, the Federal Reserve is countering rising prices through aggressive rate hikes, which shoul...

WTI crude oil plunges back below $100/bbl on Tuesday, as fears of a global economic slowdown and a strong dollar continue to weigh on stocks and commodities. Additionally, Shanghai and some other Chinese cities are enacting fresh COVID-19 restrictions from business shutdowns...

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