Welcome to our dedicated page for Nov news (Ticker: NOV), a resource for investors and traders seeking the latest updates and insights on Nov stock.
NOV Inc. supplies technology-driven equipment, components and services for the global oil and gas industry. News about NOV centers on quarterly earnings, bookings, backlog, cash flow and capital returns, along with demand trends affecting its Energy Products and Services and Energy Equipment segments.
Company updates also cover drill pipe and connection technologies such as Grant Prideco and Delta connections, subsea flexible pipe manufacturing, offshore service and repair activity, supply-chain disruptions, dividend actions, and board governance changes.
NOV (NYSE: NOV) reported Q1 2026 revenues of $2.05 billion and net income of $19 million ($0.05/share). Adjusted EBITDA was $177 million and bookings totaled $520 million (book-to-bill 80%). The company returned $100 million to shareholders and provided Q2 guidance of a 4–6% revenue decline and $185–215 million Adjusted EBITDA.
Management cited Middle East disruptions that reduced revenue by an estimated $54 million and Adjusted EBITDA by $32 million, and announced multiple offshore, subsea, and CO2-treatment contracts and a Brazil plant expansion.
NOV (NYSE: NOV) said operational disruptions from the war in the Middle East will push Q1 2026 revenue and earnings below prior guidance.
The company currently expects Q1 2026 revenue of $2.05 billion, operating profit of $47 million, and Adjusted EBITDA of $177 million. The conflict reduced estimated revenue by $54 million and Adjusted EBITDA by $32 million. NOV will report full results after market close on April 27, 2026 and host a webcasted call on April 28, 2026.
NOV (NYSE:NOV) will roughly double subsea flexible pipe manufacturing capacity in Açu, Brazil via a $200 million expansion over the next three years, with new capacity expected online in late 2029. The plan adds approximately $50 million to NOV’s 2026 capital expenditure plan.
The expansion responds to sustained high utilization and a backlog into 2028, and positions NOV to commercialize a CO₂-resistant subsea flexible pipe for high-CO₂ applications while avoiding the cost of a greenfield build.
NOV (NYSE: NOV) appointed Sanjay Chowbey to its Board of Directors, effective March 17, 2026. Mr. Chowbey, current President & CEO of Kennametal (NYSE: KMT), brings more than 20 years of global manufacturing and operational leadership.
He will join NOV’s Audit Committee; the board now has nine directors, eight of whom are independent.
NOV (NYSE: NOV) will host a conference call to discuss first quarter 2026 results on Tuesday, April 28, 2026 at 10:00 a.m. Central Time. The company will issue results in a press release after market close on Monday, April 27, 2026. The call will be webcast live at the company investor website.
NOV (NYSE:NOV) said its Board approved a 20% increase to the regular quarterly cash dividend, raising it to $0.09 per share. The dividend is payable March 27, 2026 to holders of record as of March 13, 2026.
NOV (NYSE: NOV) reported Q4 2025 revenue of $2.28B, a 1% decline year-over-year, and a Q4 net loss of $78M (loss of $0.21 per share). Adjusted EBITDA was $267M for Q4 and $1.03B for full-year 2025. Full-year revenue totaled $8.74B with net income of $145M and free cash flow of $876M. Ending backlog was $4.34B and the company returned $505M of capital to shareholders in 2025.
Management issued Q1 2026 guidance of consolidated revenue down 1–3% and Adjusted EBITDA of $200M–$225M, and expects full-year 2026 EBITDA in-line to slightly below 2025.
NOV (NYSE: NOV) will discuss its fourth quarter and full year 2025 results on a conference call scheduled for Thursday, February 5, 2026 at 10:00 a.m. Central Time. The company will issue a press release with results after market close on Wednesday, February 4, 2026. The call will be webcast live at www.nov.com/investors for investor access.
Natura Resources acquired Shepherd Power from NOV (NYSE: NOV) and signed an agreement with NOV to align Natura's molten-salt reactor design with NOV's manufacturing and project expertise.
The deal includes NOV becoming an investor and taking a board seat, and targets delivery of multiple gigawatts of small modular reactors (SMRs) for data center and industrial use between 2029 and 2032. Natura expects to deploy a 1-MW reactor in 2026 and its first 100-MW commercial reactor in 2029. Natura plans two NRC commercial filings before the end of 2025.
NOV (NYSE:NOV) announced the sale of its advanced nuclear development company Shepherd Power to Natura Resources and will become an investor in Natura while appointing a board representative.
NOV and Natura signed an MOU for a supply chain agreement in which NOV will provide manufacturing, procurement and project management support to help deploy Natura’s 100-megawatt molten salt reactor units targeting data center and industrial markets starting in 2029 and reaching scale in 2032.