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NOV Inc - NOV STOCK NEWS

Welcome to our dedicated news page for NOV (Ticker: NOV), a resource for investors and traders seeking the latest updates and insights on NOV.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NOV's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NOV's position in the market.

Rhea-AI Summary
NOV Inc. (NYSE: NOV) announces a conference call to discuss its first quarter 2024 results on April 26, 2024, following the release of the Company's results on April 25, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
earnings
-
Rhea-AI Summary
Arcosa, Inc. (NYSE: ACA) acquires Ameron Pole Products, LLC for $180 million, expanding into the concrete and steel pole lighting market. Ameron had revenues of $94 million and Adjusted EBITDA of $20 million in 2023. The acquisition is expected to enhance Arcosa's Engineered Structures segment and increase exposure to growing infrastructure markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
acquisition
-
Rhea-AI Summary
Arcosa, Inc. (NYSE: ACA) acquires Ameron Pole Products, LLC for $180 million, expanding into the concrete and steel pole lighting market. Ameron had revenues of $94 million and Adjusted EBITDA of $20 million in 2023. The acquisition is expected to enhance Arcosa's Engineered Structures segment and increase exposure to growing infrastructure markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
acquisition
Rhea-AI Summary
NOV Inc. (NYSE: NOV) appoints Patricia Martinez to its Board of Directors, bringing extensive industry experience in energy businesses and the energy transition. Martinez's background includes roles at Enerflex Ltd. and Valerus Compression Services, enhancing NOV's energy transition strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
management
-
Rhea-AI Summary
NOV Inc. (NYSE: NOV) appoints Patricia Martinez to its Board of Directors, bringing extensive industry experience in energy businesses and the energy transition. Martinez's background includes roles at Enerflex Ltd. and Valerus Compression Services, enhancing NOV's energy transition strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.49%
Tags
management
-
Rhea-AI Summary
NOV Inc. (NYSE: NOV) appoints Patricia Martinez to its Board of Directors, bringing extensive industry experience in energy businesses and the energy transition. Martinez's background includes roles at Enerflex Ltd. and Valerus Compression Services, enhancing NOV's energy transition strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.84%
Tags
management
Rhea-AI Summary
The press release regarding NOV has been deleted by the news provider.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
Rhea-AI Summary
NOV Inc. establishes regional headquarters in Dammam, Saudi Arabia, emphasizing commitment to the region. The facility aims to enhance operational efficiency and strengthen market position by fostering collaboration with regional stakeholders. The ceremony highlighted collaborative efforts between NOV and the Ministry of Investment, focusing on driving economic growth and innovation in the energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
News
Rhea-AI Summary
NOV Inc. (NYSE: NOV) declares a regular quarterly cash dividend of $0.05 per share of common stock, payable on March 28, 2024, to stockholders of record on March 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
dividends
Rhea-AI Summary
NOV Inc. (NYSE: NOV) reported fourth quarter 2023 revenues of $2.34 billion, up 7% sequentially and 13% year-over-year. Net income was $598 million, including the release of valuation allowances on deferred tax assets of $485 million. Operating profit was $161 million. Adjusted EBITDA increased 10% sequentially to $294 million. Full year 2023 revenues were $8.58 billion, with net income of $993 million. The company's new products and technologies are seeing rising customer interest, and international and offshore markets point to rising demand for longer-cycle capital equipment businesses over the next several years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.23%
Tags
earnings
NOV Inc

NYSE:NOV

NOV Rankings

NOV Stock Data

7.69B
390.63M
0.73%
97.37%
2.06%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
Link
US
Houston

About NOV

national oilwell varco (nyse: nov) is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations, and the provision of oilfield services to the oil and gas industry. every day, thousands of the industry’s best minds put more than 150 years of experience to work to help our customers achieve lasting success. our partnership with our customers has led to the innovation of some of the highest quality products on the market. through our broad capabilities and vision, nov’s family of companies is positioned and ready to serve the needs of this challenging, evolving industry. nov has the technical expertise, advanced equipment and readily available support necessary for our customers’ success.