NOV Stock Recent News
NOV LATEST HEADLINES
NOV expects strong cash flow for 2024 due to improved efficiency in working capital and profitability.
Nov Inc. (NOV) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to loss of $0.13 per share a year ago.
NOV, Inc. (NYSE: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 Gruber - Citigroup Arun Jayaram - JPMorgan Marc Bianchi - Cowen Operator Good day, ladies and gentlemen, and welcome to the NOV First Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
Nov Inc. (NOV) delivered earnings and revenue surprises of -116.67% and 1.14%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
The "Halftime Report" traders give their top picks to watch for the second half.
Soaring crude oil prices have hit consumers hard over the past month or so. The combined effects of higher demand for energy, the Russian invasion of Ukraine, and the reluctance of producers to increase the flow of crude have sent U.S.
HOUSTON--(BUSINESS WIRE)--NOV Announces Q1 2022 Conference Call
Shares of NOV Inc. NOV, -3.19% dropped 3.4% in afternoon trading Friday, after BofA Securities analyst Chase Mulvehill swung to bearish from bullish on the oil services company, citing valuation and concerns over the negative impacts of Russia's invasion of Ukraine. Mulvehill double downgraded NOV to underperform from buy, even as the stock price target was raised to $22 from $18.
Nov Inc. (NOV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
As broader markets fall sharply, some oil and gas players are behaving differently than others.