NOV

NOV

Market cap $6.86B

HOUSTON, April 15, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that operational disruptions resulting from the war in the Middle East will cause first quarter 2026 revenue and earnings to be below prior guidance. On a consolidated basis, the Company currently expects to report revenues of $2.05 billion, operating profit of $47 million, and Adjusted EBITDA* of $177 million.

NOV shows strong cash flow, balance sheet strength and offshore growth prospects, but faces headwinds from weak wind demand, declining margins and softer global drilling activity.

NOV's $200M Brazil expansion aims to double subsea pipe capacity, tapping rising offshore demand and advancing high-CO2 solutions.

HOUSTON, March 25, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) today announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, through a $200 million investment over the next three years.

HOUSTON, March 17, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that Sanjay Chowbey has been appointed to the Company's Board of Directors (the “Board”), effective March 17, 2026. “We are pleased to welcome Sanjay Chowbey to our board of directors,” said Jose Bayardo, Chairman, President, and Chief Executive Officer.

HOUSTON, March 16, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2026 results on Tuesday, April 28, 2026, at 10 a.m. (Central Time).

Nov Inc. (NOV) reported earnings 30 days ago. What's next for the stock?

NOV struggles with declining drilling activity, a cautious M&A strategy, weakening offshore wind prospects and increased tariffs, leading to a dim near-term outlook.

HOUSTON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors voted to increase its regular quarterly cash dividend by 20 percent to $0.09 per share of common stock. The quarterly dividend is payable on March 27, 2026 to each stockholder of record on March 13, 2026.

NOV's Q4 earnings miss estimates as profits slide year over year, but revenues top on strong Energy Equipment execution.