Nov INC

Market Movers (8-K)

NYSE
NOV Inc. announced its second quarter 2026 financial results, reporting sequential revenue growth and a significant increase in Adjusted EBITDA, driven by improved industry fundamentals and operational execution.
NYSE
NOV Inc. successfully concluded its annual meeting and declared both a regular quarterly dividend and a supplemental dividend for shareholders.
NYSE
NOV Inc. reported a 2% year-over-year revenue decrease for Q1 2026 to $2.05 billion, impacted by Middle East disruptions, but anticipates a more constructive market environment ahead.
Worse than expected
NYSE
NOV Inc. announced preliminary first quarter 2026 results are expected to be below prior guidance due to operational disruptions in the Middle East.
Worse than expected
NYSE
NOV Inc. announced the appointment of Sanjay K. Chowbey, President and CEO of Kennametal Inc., to its Board of Directors, where he will serve on the Audit Committee.
NYSE
Ben A. Guill has resigned from the Board of Directors of NOV Inc. effective February 19, 2026, citing personal schedule and other time commitments.

Quarterly Earnings (10-Q)

NYSE
NOV Inc. reported Q2 2026 results with a slight revenue decrease year-over-year, but net income rose due to a significant benefit from tariff refunds.
NYSE
NOV Inc. reported a 2% decrease in Q1 2026 revenue and a significant drop in net income, primarily impacted by Middle East conflict and reduced drilling activity, though Energy Equipment segment showed revenue growth.
Worse than expected
Delay expected
NYSE
NOV Inc. reported a significant 68% drop in third-quarter net income to $42 million, impacted by a $65 million charge related to royalty litigation and restructuring costs.
Delay expected
Worse than expected
Capital raise
NYSE
NOV Inc. announced a 52% drop in second-quarter net income and a 1% revenue decrease, primarily attributed to the absence of a prior-year business sale gain and a difficult global energy market with lower drilling activity.
Worse than expected
Capital raise
NYSE
NOV Inc. Q1 2025 results show a slight revenue decrease and a significant net income drop, influenced by market uncertainties and the deconsolidation of Russian subsidiaries.
Worse than expected
NYSE
NOV Inc. announced its third quarter 2024 financial results, showing a 14 percent increase in net income compared to the same period last year.

Annual Reports (10-K)

NYSE
NOV Inc. reports a 1% revenue decline in 2025 to $8.74 billion, with net income falling to $145 million, reflecting global activity decreases and increased operational costs, despite strong offshore equipment demand.
Delay expected
Worse than expected
NYSE
NOV Inc. announces its 2024 financial results, showcasing revenue growth and improved profitability despite a fluctuating oil and gas market.
NYSE
NOV Inc., a leading provider of equipment and technology to the energy industry, reported strong financial results for 2023, driven by increased demand in international and offshore markets, and announced a strategic reorganization into two segments to enhance operational efficiency.
Better than expected

Insider Trading (Form 4)

NYSE
David D Harrison, a Director of NOV Inc., sold 9,594 shares of common stock on July 31, 2026 for $19.21 per share.
NYSE
Director Marcela E. Donadio acquired 9,457 restricted stock units as part of the NOV Inc. Long-Term Incentive Plan.
NYSE
Director Sanjay Chowbey acquired 9,457 restricted stock units in NOV Inc. as part of the company's long-term incentive plan.
NYSE
Director Patricia Martinez was granted 9,457 restricted stock units in NOV Inc. as part of the company's long-term incentive plan.
NYSE
Director Robert S. Welborn was granted 9,457 restricted stock units in NOV Inc. as part of the company's long-term incentive plan.
NYSE
Director William R. Thomas was granted 9,457 restricted stock units in NOV Inc. as part of the company's long-term incentive plan.

Proxy Statements (Def-14A)

NYSE
NOV Inc. has issued its proxy statement for the 2026 Annual Meeting of Stockholders, scheduled for May 20, 2026, detailing proposals for director elections, auditor ratification, and executive compensation approval.
NYSE
NOV Inc. will hold its annual stockholder meeting on May 20, 2025, featuring proposals including the election of directors, ratification of auditors, executive compensation, and an amendment to the long-term incentive plan.
NYSE
NOV Inc. is holding its annual meeting on May 20, 2025, seeking stockholder votes on key proposals including director elections, auditor ratification, executive compensation approval, and an amendment to the long-term incentive plan.
Worse than expected
NYSE
NOV Inc. will hold its annual stockholder meeting on May 15, 2024, to vote on director elections, auditor ratification, and executive compensation.
NYSE
NOV Inc. will hold its annual meeting of stockholders on May 15, 2024, to elect directors, ratify the appointment of auditors, and approve executive compensation.

Schedule 13G - Passive Investments

NYSE
Vanguard Capital Management has reported beneficial ownership of 18,905,811 shares, representing 5.24% of NOV Inc.'s common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported beneficial ownership of 18,929,098 shares, representing 5.25% of NOV Inc.'s common stock, as of March 31, 2026.
NYSE
The Vanguard Group has reported a complete divestment of its beneficial ownership in NOV Inc. following an internal realignment.
NYSE
Dimensional Fund Advisors LP has reported a 5.0% beneficial ownership stake in NOV Inc. common stock as of September 30, 2025.
NYSE
First Eagle Investment Management, LLC and its affiliate, FIRST EAGLE GLOBAL FUND, have disclosed a combined beneficial ownership of 10.0% of NOV Inc.'s common stock as of February 28, 2025, indicating a significant passive investment.