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Nov, Inc. (NYSE:NOV ) Q2 2022 Earnings Conference Call July 28, 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 Stephen Gengaro - Stifel, Nicolaus & Company David Anderson - Barclays Bank David Smith - Pickering Energy Partners Arun Jayaram - JPMorgan Chase & Co. Connor Lynagh - Morgan Stanley Marc Bianchi - Cowen and Company Operator Good day, ladies and gentlemen, and welcome to the NOV Second Quarter 202 Earnings Conference Call. [Operator Instructions].
Nov Inc. (NOV) delivered earnings and revenue surprises of 260% and 5.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
HOUSTON--(BUSINESS WIRE)--NOV Announces Q2 2022 Conference Call
NOV reported strong revenue growth in Q1 and an improved EBITDA margin. Rising oil prices have helped oil-related names. Elevated oil markets could drive profitability next quarter. However, the upside appears priced into the stock.