NOV Inc. today reported second quarter 2022 revenues of $1.73 billion, an increase of 12 percent compared to the first quarter of 2022 and an increase of 22 percent compared to the second quarter of 2021. Net income for the second quarter of 2022 was $69 million, or 4.0 percent of sales, which included $14 million of Other Items . Operating profit was $68 million, or 3.9% of sales, and included $14 million of Other Items [...]
NOV Inc. will hold a conference call to discuss its second quarter 2022 results on Thursday, July 28, 2022, at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Wednesday, July 27, 2022. The call will be webcast live on www.nov.com/investors. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has [...]
NOV Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 24, 2022 to each stockholder of record on June 10, 2022. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while [...]
NOV Inc. 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 of sales, which included $45 million of Other Items . Adjusted EBITDA increased sequentially to $103 million, or 6.7 percent of sales. See [...]
NOV Inc. will hold a conference call to discuss its first quarter 2022 results on Friday, April 29, 2022 at 10 a.m. . 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 be webcast live on www.nov.com/investors. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has [...]
NOV Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on March 25, 2022 to each stockholder of record on March 11, 2022. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while [...]
NOV Inc. today reported fourth quarter 2021 revenues of $1.52 billion, an increase of 13 percent compared to the third quarter of 2021 and an increase of 14 percent compared to the fourth quarter of 2020. Net loss for the fourth quarter of 2021 was $40 million, or 2.6 percent of sales, which included $11 million in pre-tax charges related to continued COVID-19 challenges on projects in Asian shipyards and $9 million of [...]
NOV Inc. will hold a conference call to discuss its fourth quarter 2021 results on Friday, February 4, 2022 at 10 a.m. . NOV will issue a press release with the Company's results after the market closes for trading on Thursday, February 3, 2022. The call will be webcast live on www.nov.com/investors. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has [...]
LP Building Solutions , a leading manufacturer of high-performance building products, today announced the appointment of Jose A. Bayardo to its Board of Directors, effective immediately. "With Jose's experience, expertise, and perspective, he will be a valuable addition to our Board." - CEO Brad Southern Bayardo is Senior Vice President and Chief Financial Officer of NOV Inc. , a leading global provider of technology and [...]
NOV Inc. today announced that its Board of Directors has reinstated its regular quarterly cash dividend of $0.05 per share of common stock. "Reinstating a regular quarterly dividend demonstrates our continued commitment to returning excess capital to our shareholders along with our growing confidence in the emerging recovery of our business," stated Clay Williams, Chairman, President and CEO. NOV's Board of Directors [...]
NOV Inc. today reported third quarter 2021 revenues of $1.34 billion, a decrease of 5 percent compared to the second quarter of 2021 and a decrease of 3 percent compared to the third quarter of 2020. Net loss for the third quarter of 2021 was $69 million, or 5.1 percent of sales, which included $12 million in pre-tax charges related to COVID-19 operational disruptions on a project in a Southeast Asian shipyard and $24 [...]
NOV Inc. announced today that Robert Welborn has been appointed to the Company's Board of Directors, effective October 20, 2021. Mr. Welborn is the Head of Programs Data Science, Small Business Group for Facebook, Inc. where he oversees the development of solutions used by over 140 million businesses around the world. Prior to joining Facebook, he held various positions within General Motors, including Global Chief Data [...]
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