NOV Inc. Declares Regular and Supplemental Cash Dividends for Q2 2026
NOV Inc. announced its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share and a supplemental quarterly cash dividend of $0.05 per share. Both dividends are payable on June 28, 2026, to shareholders of record as of June 13, 2026. This declaration highlights the company's commitment to returning value to its shareholders.
NOV Inc. stock underperforms Thursday when compared to competitors
NOV Inc. stock experienced a decline of 1.37% on Thursday, closing at $20.86, despite an overall positive trading day for the broader market. The S&P 500 Index and the Dow Jones Industrial Average both saw gains, making NOV Inc.'s performance an underperformance compared to its competitors. The stock closed 2.39% below its 52-week high of $21.37.
NOV Inc. declares supplemental cash dividend of 9c per share
NOV Inc. announced a supplemental cash dividend of 9 cents per share, in addition to its regular 9 cents per share dividend, as part of its 2025 return of capital plan. The supplemental dividend is payable on June 12 to stockholders of record on June 1. This announcement follows several analyst price target adjustments for NOV Inc. from firms like BofA, Barclays, Evercore ISI, and RBC Capital.
NOV Inc. Declares Regular and Supplemental Cash Dividends for Q2 2026
NOV Inc. has declared both a regular quarterly cash dividend of $0.09 per share and a supplemental cash dividend of $0.09 per share. The regular dividend is payable on June 26, 2026, to stockholders of record by June 12, 2026, while the supplemental dividend, part of the 2025 return of capital plan, is payable on June 12, 2026, to stockholders of record by June 1, 2026. This move signals financial stability and a commitment to shareholder value, despite cautionary notes about forward-looking statements.
NOV to pay dual $0.09 cash dividends in June under 2025 capital plan
NOV Inc. announced dual cash dividends for June 2026. The company declared a regular quarterly dividend of $0.09 per share payable on June 26, 2026, to shareholders of record on June 12, 2026. Additionally, a supplemental dividend of $0.09 per share, part of its 2025 return of capital plan, will be paid on June 12, 2026, to shareholders of record on June 1, 2026.
BofA Securities Maintains NOV Inc(NOV.US) With Buy Rating, Raises Target Price to $23
BofA Securities analyst Saurabh Pant has reiterated a 'buy' rating for NOV Inc (NOV.US) and increased the target price from $19 to $23. According to TipRanks data, the analyst boasts a 65.9% success rate and an average return of 16.5% over the past year. This rating adjustment suggests continued confidence in NOV Inc's performance.
Seadrill, ProPetro, NOV, and Calumet Shares Are Soaring, What You Need To Know
Shares of Seadrill, ProPetro, NOV, and Calumet experienced significant jumps after crude oil prices rose above $100 a barrel, primarily due to geopolitical tensions and a drop in U.S. crude inventories. The article also details Calumet's stock volatility, a recent downgrade by Goldman Sachs, and its impressive 5-year performance for investors.
Nov stock hits 52-week high at 20.94 USD
NOV Inc.'s stock reached a 52-week high of $20.94, marking a 65% surge over the past year and bringing its market capitalization to $7.46 billion. This growth reflects investor confidence despite the company missing its first-quarter 2026 earnings estimates. Analysts have adjusted price targets, with Stifel, TD Cowen, and Evercore ISI maintaining positive outlooks due to capital cycle improvements, offshore momentum, and increasing demand for capital equipment.
Seadrill, ProPetro, NOV, and Calumet Shares Are Soaring, What You Need To Know
Shares of Seadrill (SDRL), ProPetro (PUMP), NOV (NOV), and Calumet (CLMT) saw significant jumps in the afternoon session after crude oil prices rose above $100 a barrel due to geopolitical events and supply data. While the market reaction was strong, especially for Calumet which saw a 3.2% increase despite a recent Goldman Sachs downgrade, investors are cautioned that de-escalation of tensions could quickly reverse these gains. The article highlights that volatility is a factor, with Calumet showing a 65.8% gain year-to-date and a substantial return for long-term investors.
Futures Contracts for NOV Inc. Futures
This article provides a detailed list of futures contracts for NOV Inc. (National Oilwell Varco) traded on the Eurex Exchange. It includes various contract months stretching into 2028, showing expiration dates, prices, percentage changes, and technical ratings for each. The data emphasizes current market values and technical analysis recommendations for the different contract listings.
[SCHEDULE 13G/A] NOV Inc. Amended Passive Investment Disclosure
Hotchkis and Wiley Capital Management, LLC has filed an amended Schedule 13G/A for NOV Inc., reporting beneficial ownership of 14,919,613 shares of Common Stock, which represents 4.14% of the class. The filing clarifies that HWCM has sole voting power over 14,173,833 shares and sole dispositive power over all 14,919,613 shares. This amendment notes that some of HWCM's clients retain voting power over their beneficially owned shares.
NOV Inc. $NOV Shares Sold by Tejara Capital Ltd
Tejara Capital Ltd significantly reduced its stake in NOV Inc. by 55.8% in Q4, selling over 373,000 shares. Insider selling was also noted with key executives selling substantial amounts of stock. Despite missing earnings expectations, analysts hold a consensus "Hold" rating for NOV with a target price of $19.36.
NOV Inc. stock underperforms Friday when compared to competitors
NOV Inc. (NOV) stock fell 1.16% on Friday, closing at $20.37, underperforming the broader market. This decline occurred during a poor trading session for the stock market, with both the S&P 500 and Dow Jones Industrial Average also falling. The stock's closing price was 2.68% below its 52-week high of $20.93.
NOV Inc. stock outperforms competitors on strong trading day
NOV Inc. (NOV) shares rose 3.89% to $20.54 on Tuesday, outperforming the mixed stock market. This marks the second consecutive day of gains for the company, despite slight declines in the S&P 500 Index. The Dow Jones Industrial Average saw a modest increase on the same day.
NOV Inc. stock underperforms Monday when compared to competitors despite daily gains
NOV Inc. stock increased by 2.70% on Monday, closing at $19.77, despite the S&P 500 and Dow Jones Industrial Average also seeing gains. This rise broke a two-day losing streak for the company's stock. The article highlights that while NOV Inc. made daily gains, it still underperformed compared to its competitors.
NOV stock delivers 60% return after Fair Value model spotted opportunity
NOV Inc. shares delivered a 60.3% return after InvestingPro's Fair Value models identified them as significantly undervalued in April 2025. The analysis, which estimated an intrinsic worth of $17.40 against a trading price of $11.94, proved accurate despite the company's mixed near-term fundamentals. This success highlights the effectiveness of systematic Fair Value analysis in spotting market mispricings and undervalued stocks.
Why NOV (NOV) Is Down 5.7% After Soft Q1 2026 Results, Cautious Guidance And A Downgrade – And What's Next
NOV Inc. saw its stock drop 5.7% following soft first-quarter 2026 results, cautious guidance for Q2 2026, and a downgrade by Barclays. The company's Q1 revenue of US$2,052 million and net income of US$19 million were both lower year-over-year, and management expects a 4% to 6% revenue decline in the second quarter. These factors, alongside ongoing operational headwinds, highlight company-specific pressures despite a broadly supportive energy services sector.
Why NOV (NOV) Is Down 5.7% After Soft Q1 2026 Results, Cautious Guidance And A Downgrade – And What's Next
NOV Inc. saw its stock fall 5.7% after reporting softer-than-expected Q1 2026 results, including lower revenue and net income compared to the previous year. The company also issued cautious guidance for a 4% to 6% year-over-year revenue decline in Q2 2026, leading to a downgrade from Barclays. This performance highlights company-specific operational challenges amidst a generally supportive energy services market.
NOV Inc. stock underperforms Thursday when compared to competitors
NOV Inc. stock (NOV) fell 4.36% on Thursday, closing at $19.30, even as the broader market indexes, the S&P 500 and Dow Jones Industrial Average, also experienced declines. This drop broke a three-day winning streak for the company's shares. The underperformance occurred within a generally negative trading session for the stock market.
NOV (NYSE:NOV) Stock Forecast & Analyst Predictions
NOV Inc. is projected to grow earnings by 34% and revenue by 2.1% annually, with EPS expected to increase by 35.5% per annum. Recent updates highlight the impact of Middle East conflicts on Q1 2026 revenues, leading to cost-cutting measures and a significant investment in a Brazilian subsea facility, signaling a strategic focus on resilient demand areas despite near-term disruptions. Analyst price targets have seen various adjustments, reflecting a mix of optimism for structural oilfield activity and caution regarding geopolitical and market risks.
Profit falls as NOV (NYSE: NOV) posts $2.05B Q1 2026 revenue, lower EBITDA
NOV (NYSE: NOV) reported a decline in Q1 2026 revenue to $2.05 billion and net income to $19 million, primarily due to operational disruptions caused by conflict in the Middle East. Adjusted EBITDA also decreased to $177 million. Despite these headwinds, the company highlighted a strong Energy Equipment backlog and strategic investments, while guiding a further revenue decline for Q2 2026.
NOV Inc. stock underperforms Friday when compared to competitors
Shares of NOV Inc. (NOV) fell 2.93% on Friday to close at $19.86, underperforming the broader market. This marked the stock's second-consecutive day of losses, despite a mixed trading session where the S&P 500 Index saw gains while the Dow Jones Industrial Average declined.
NOV - NOV Inc Stock Price and Quote
NOV Inc. (NOV) stock experienced a 4.36% decline, closing at $19.30, following a downgrade from Barclays to Underweight due to better risk-reward opportunities in other oilfield service companies. The article provides detailed financial metrics, analyst ratings, recent news, and insider trading activities for NOV.
NOV Inc. stock underperforms Thursday when compared to competitors
NOV Inc. (NOV) shares experienced a 1.45% decline on Thursday, closing at $20.46, despite a generally favorable trading day for the broader market. The S&P 500 Index rose by 1.02% and the Dow Jones Industrial Average increased by 1.62%. NOV Inc.'s stock finished 2.25% below its 52-week high of $20.93, which it achieved on April 27th.
Vanguard reports 18.9M-share stake in NOV Inc (NYSE: NOV)
Vanguard Capital Management has reported a passive investment of 18,905,811 shares, representing 5.24% of NOV Inc.'s common stock, as detailed in a Schedule 13G SEC filing. As of March 31, 2026, Vanguard exercises sole dispositive power over all these shares and sole voting power over 2,719,515 shares, held for its funds and managed accounts. The filing indicates a passive investment intent rather than an activist approach.
Analysts Offer Insights on Energy Companies: NOV (NOV), BP (BP) and Enterprise Products Partners (EPD)
This article provides an overview of analyst ratings for three energy companies: NOV, BP, and Enterprise Products Partners. Barclays maintained a Hold rating on NOV with a $20.00 price target, while Goldman Sachs maintained a Buy rating on BP with a $55.00 price target. Barclays also maintained a Buy rating on Enterprise Products Partners with a $41.00 price target, highlighting a consistent positive outlook for this company from analysts.
Vanguard Portfolio Management (NYSE: NOV) reports 18.93M shares, 5.25%
Vanguard Portfolio Management has reported a beneficial ownership of 18,929,098 shares in NOV Inc., representing a 5.25% stake in the company as of March 31, 2026. This disclosure was made via a Schedule 13G SEC filing, indicating Vanguard holds sole dispositive power over all these shares and sole voting power over 177,026 shares. The filing covers holdings across multiple Vanguard affiliates and funds, clarifying its passive investment stance.
NOV Inc. stock outperforms competitors on strong trading day
NOV Inc. stock rose 2.32% to $20.76 on Wednesday, outperforming the broader market. This occurred despite a negative trading session where the S&P 500 Index fell 0.04% and the Dow Jones Industrial Average dropped 0.57%. The company's stock closed 0.81% below its 52-week high.
NOV's Rig Equipment Business Should Benefit From Greater Long-Term Offshore Investment
NOV is a large, diversified oilfield services supplier with leading market positions in rig equipment, solids control services, and downhole tools. The company has experienced value destruction since the US shale revolution peaked but is now turning around with cost rationalization initiatives. Despite challenges from global rig count fluctuations and OPEC+ decisions, NOV's rig equipment business is expected to benefit from greater long-term offshore investment.
NOV Inc. (NOV) PT Raised to $24 at Stifel
Stifel analyst Stephen Gengaro upgraded NOV Inc. (NYSE: NOV) by raising the price target on the stock to $24.00, up from the previous target of $23.00. The analyst maintained a positive rating on the company. This article is classified as premium content, requiring a subscription or login to view the full details.
NOV Inc. (NYSE:NOV) Q1 2026 Earnings Call Transcript
NOV Inc. reported Q1 2026 revenues of $2.05 billion and net income of $19 million, impacted by the Middle East conflict which reduced revenue by an estimated $54 million and EBITDA by $32 million. Despite these disruptions, the company saw strong bookings in its Energy Equipment segment, particularly for offshore production-related equipment and flexible pipe. Management expressed optimism for a new capital equipment cycle, anticipating increased investment and activity in the oil and gas industry driven by global energy security concerns and the need to restore production and expand capacity.
Nov Inc.: Q1 Earnings Snapshot
NOV Inc. reported first-quarter earnings of $19 million, or 5 cents per share, which adjusted for non-recurring costs came to 15 cents per share. This fell short of Wall Street expectations of 17 cents per share from analysts surveyed by Zacks Investment Research. The oil and gas industry supplier met Street forecasts with revenue of $2.05 billion for the period.
NOV Inc. Balances Resilience And Headwinds In Q1
NOV Inc. navigated a challenging Q1 2026 with resilience, despite macro headwinds like Middle East disruptions and tariffs, which impacted revenues and margins. The company reported strong operational performance, with record safety, robust bookings in subsea and process systems, and market share gains in drill bits. NOV maintained its commitment to shareholder returns through share repurchases and increased dividends, while also investing in targeted growth areas and implementing cost-reduction measures to offset ongoing pressures.
NOV Q1 2026 Earnings Call Transcript
NOV reported Q1 2026 revenues of $2.05 billion and net income of $19 million, significantly impacted by the conflict in the Middle East. Despite these disruptions, the company observed strong bookings in offshore production equipment and anticipates a new capital equipment cycle driven by global energy security demands and underinvestment. Management is focusing on operational efficiency, cost reduction, and organic growth, with plans for potential M&A to leverage market opportunities.
TD Cowen raises NOV stock price target on offshore momentum
TD Cowen increased its price target for NOV Inc. (NYSE:NOV) to $25 from $23, maintaining a Buy rating, citing increasingly positive offshore commentary and subsea backlog extending into 2028. This move comes despite NOV's first-quarter earnings missing market expectations, largely due to disruptions and increased logistics costs from the Middle East conflict. Evercore ISI also raised its price target for NOV, highlighting improving demand for capital equipment despite current regional challenges.
NOV outlines $340M-$370M 2026 capex plan as it approves $200M Brazil flexibles expansion
This article states that NOV plans a capital expenditure of $340 million to $370 million for 2026. This includes the approval of a $200 million expansion for flexibles in Brazil. No further details are available in the provided content.
Tranche Update on NOV Inc.'s Equity Buyback Plan announced on April 26, 2024.
NOV Inc. has provided an update on its equity buyback plan, originally announced on April 26, 2024. The company repurchased 3,500,000 shares for $67 million between January 1, 2026, and March 31, 2026, representing 0.97% of its shares. This latest repurchase brings the total buyback under the plan to 40,475,436 shares, or 10.68%, amounting to $611.23 million.
NOV Inc. stock underperforms Tuesday when compared to competitors
NOV Inc. (NOV) shares fell by 2.55% on Tuesday, closing at $20.29, despite a previous six-day winning streak. This underperformance occurred on a generally poor trading day where the S&P 500 Index also declined by 0.49% and the Dow Jones Industrial Average dropped by 0.05%.
NOV Inc. 2026 Q1 - Results - Earnings Call Presentation (NYSE:NOV) 2026-04-28
NOV Inc. has published its slide deck in conjunction with its Q1 2026 earnings call. The company reported an EPS of $0.11, missing estimates by $0.04, and revenue of $2.05 billion, which was a 2.43% year-over-year decrease but still beat expectations by $3.18 million. This presentation provides details on their financial performance for the quarter.
Nov Inc stock hits 52-week high at 20.86 USD
Nov Inc (NOV) stock has reached a 52-week high of $20.86, demonstrating a 72.76% one-year price total return and a 48.35% gain in the last six months. This positive performance comes despite a recent announcement that Q1 2026 revenue and earnings are expected to fall below guidance due to operational disruptions from the Middle East conflict, leading to varied analyst ratings.
Global energy equipment giant NOV reports 74% plunge in net income as Middle East war takes toll
Global energy equipment giant NOV reported a significant 74% plunge in net income to $19 million in the first quarter of 2026, down from $73 million in the same period last year. The company cited significant shipping, supply chain, and operational challenges, primarily due to continued disruption at the Strait of Hormuz, as contributing factors to the decline. This decline highlights the impact of geopolitical events, specifically the Middle East war, on global energy equipment businesses.
NOV Inc (NOV) Misses Q1 EPS by 11c
NOV Inc (NYSE: NOV) reported its Q1 earnings, missing analyst expectations with an EPS of $0.05, which was $0.11 worse than the estimated $0.16. The company's revenue for the quarter was $2.05 billion, just under the consensus estimate of $2.06 billion.
NATIONAL OILWELL VARCO ($NOV) Releases Q1 2026 Earnings
NATIONAL OILWELL VARCO ($NOV) released its Q1 2026 earnings, reporting $0.15 per share, missing estimates by $0.01, and revenue of $2.052 billion, also missing estimates. Following the announcement, the stock price decreased by 6.22%. The article also details recent insider trading activity, institutional investor movements, and analyst ratings and price targets for NOV.
NOV Inc. reports Q1 EPS 5c, consensus 15c
NOV Inc. reported Q1 EPS of 5c, significantly missing the consensus estimate of 15c, despite meeting revenue expectations of $2.05 billion. The company attributed the lower earnings to operational disruptions in the Middle East, which impacted revenue and Adjusted EBITDA. However, leadership expressed optimism for future growth, anticipating a new capital equipment cycle driven by higher commodity prices and increased focus on energy security.
NOV Inc. sees Q2 revenue down 4%-6% y/y
NOV Inc. anticipates a year-over-year consolidated revenue decline of 4% to 6% for the second quarter of 2026, with an expected consensus of $2.09 billion. The company also projects adjusted EBITDA to be between $185 million and $215 million for the same period. This outlook suggests potential near-term headwinds for the company.
Middle East disruptions cost NOV $54M in sales, $32M in EBITDA
NOV Inc. reported Q1 2026 revenues of $2.05 billion and net income of $19 million, with adjusted EBITDA of $177 million, representing a 2% revenue decline year-over-year. The company attributed a significant impact of $54 million in revenue and $32 million in adjusted EBITDA to operational disruptions caused by the conflict in the Middle East. Despite these challenges, NOV returned $100 million to shareholders and secured new contracts and facility expansions, while forecasting a 4-6% revenue decline for Q2 2026.
NOV Inc. Reports Q1 2026 Financial Results with Revenues of $2.05 Billion and $100 Million Returned to Shareholders
NOV Inc. reported Q1 2026 revenues of $2.05 billion, a 2% decrease year-over-year, with net income falling to $19 million and Adjusted EBITDA to $177 million, primarily due to operational disruptions from the Middle East conflict. Despite these challenges, the company returned $100 million to shareholders through dividends and share repurchases and maintains a strong order backlog of $4.23 billion. Management anticipates a slight decline in Q2 2026 revenues but expects a more favorable investment environment due to increasing energy security concerns and higher commodity prices.
Earnings Flash (NOV) NOV Inc. Reports Q1 Revenue $2.05B, vs. FactSet Est of $2.05B
NOV Inc. announced its Q1 revenue of $2.05 billion, meeting FactSet's estimated figure. The company's stock price saw a 1.56% increase on April 27, 2026, and a 33.21% rise since January 1st. Analysts have a "OUTPERFORM" consensus rating for NOV, with an average target price of $20.65.
NOV Inc. stock outperforms competitors on strong trading day
NOV Inc. (NOV) shares rose 1.56% to $20.82 on Monday, marking their sixth consecutive day of gains. This performance outpaced the broader market, as the S&P 500 Index saw a slight increase and the Dow Jones Industrial Average experienced a minor decline.
Nov Inc.: Q1 Earnings Snapshot
NOV Inc. reported first-quarter earnings of $19 million, or 5 cents per share, which adjusted for non-recurring costs, amounted to 15 cents per share. This performance did not meet Wall Street expectations, as analysts had predicted 17 cents per share. The oil and gas industry supplier achieved revenue of $2.05 billion, aligning with Street forecasts.
