NOV: Growth Proposition Intact Despite Near-Term Headwind
NOV's independent, technology-driven model enables flexibility and scale in a fragmented oil and gas services industry, supporting long-term growth prospects. Balanced revenue streams across segments and geographies reduce reliance on any single market, enhancing resilience and operational nimbleness. Strong free cash flow, disciplined capital spending, and a commitment to shareholder returns make NOV financially robust at a compelling valuation.
NOV Stock Down 24% in a Year: Should Investors Hold or Move On?
NOV stock's sharp 24% slide reflects mounting headwinds from tariffs, weak demand and rising corporate costs.
Why Is Nov Inc. (NOV) Up 2.5% Since Last Earnings Report?
Nov Inc. (NOV) reported earnings 30 days ago. What's next for the stock?
NOV Inc. (NOV) Q1 2025 Earnings Call Transcript
NOV Inc. (NYSE:NOV ) Q1 2025 - Earnings Conference Call April 29, 2025 11:00 AM ET Company Participants Amie D'Ambrosio - Director of IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and COO Rodney Reed - SVP and CFO Conference Call Participants Connor Jensen - Raymond James Arun Jayaram - JPMorgan Securities Scott Gruber - Citigroup Stephen Gengaro - Stifel Roger Read - Wells Fargo Securities Marc Bianchi - TD Cowen Operator Good day, and welcome to the Q1 2025 NOV Inc. Earnings Conference Call. At this time, all participants are in a listen only mode.
NOV's Q1 Earnings Miss Estimates, Revenues Decrease Y/Y
NOV expects revenues to decrease 1% to 4% year over year, with adjusted EBITDA between $250 million and $280 million for the second quarter of 2025.
Nov Inc. (NOV) Lags Q1 Earnings Estimates
Nov Inc. (NOV) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
Factors You Need to Know Ahead of NOV's Q1 Earnings Release
NOV is anticipated to report lower revenues from the year-ago period's level. However, it is expected to record a higher bottom line thanks to reduced costs.
Earnings Preview: Nov Inc. (NOV) Q1 Earnings Expected to Decline
Nov Inc. (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NOV & Petrobras Collaborate to Develop CO2-Resistant Flexible Pipes
NOV mentions that the new technology will help combat SCC, which affects oil and gas subsea infrastructure. It also aims to retain the core features of standard flexible pipes.
Here's Why Retaining NOV Stock Makes Sense in the Current Market
NOV's robust cash flow and growing backlog position it well, but risks from declining demand and commodity price fluctuations may impact growth.
NOV: Shareholder Returns Have Likely Peaked For Now
NOV exceeded expectations for Q4 2024, thereby leading to a potential $80m supplemental dividend payment. A large working capital draw during 2024 boosted free cash flow, but this is not expected to be repeated during 2025. Since no capital expenditure cuts are planned for 2025 versus 2024, it also limits the potential for free cash flow.
NOV Inc. (NOV) Q4 2024 Earnings Call Transcript
NOV Inc. (NYSE:NOV ) Q4 2024 Earnings Conference Call February 5, 2025 11:00 AM ET Company Participants Amie D'Ambrosio - Director of Investor Relations Clay Williams - Chairman, President and Chief Executive Officer Jose Bayardo - Senior Vice President and Chief Financial Officer Conference Call Participants Jim Rollyson - Raymond James Roger Read - Wells Fargo Securities Daniel Kutz - Morgan Stanley Waqar Syed - ATB Capital Markets Operator Good day ladies and gentlemen, and thank you for standing by. Welcome to the NOV Fourth Quarter 2024 Earnings Conference Call.
