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PopularTop Insiders StocksTop Gainers/ Losers/ Active StocksTipRanks Momentum IndexDividend StocksAI StocksLargest Companies by Market Cap ... Earnings CalendarDividend CalendarEconomic CalendarIPO CalendarStock SplitsStock BuybacksMarket Holidays ... My ExpertsTop AnalystsTop Financial BloggersTop-Performing Corporate InsidersTop Hedge Fund ManagersTop Research FirmsTop Individual Investors ... Enterprise SolutionsAdvertise with UsTop Online BrokersBecome an AffiliateTipRanks News WireArrivedEquityMultiple ... NOV Inc.NOV Inc. is a technology-driven company that provides innovative solutions for the global energy industry, specializing in oilfield equipment and services to improve sustainability and operational efficiency.In its latest earnings report, NOV Inc. reported a fourth-quarter net income of $160 million and a full-year net income of $635 million, noting a solid performance despite a challenging market environment. The company highlighted its growing backlog and strategic advancements in new technologies as key factors in its financial outcomes.The company saw a slight decline in revenues for the fourth quarter compared to the previous year but managed to increase its operating profit by 29% to $207 million. For the full-year 2024, NOV recorded revenues of $8.87 billion, a 3% increase from 2023, and an 11% increase in Adjusted EBITDA to $1.11 billion.
The Investor Relations website contains information about NOV's business for stockholders, potential investors, and financial analysts.
Access multiple NOV applications and services with one login. Register here Sign in ... Minimum 15 minutes delayed. Source: LSEG ... Throughout every region in the world and across every area of drilling and production, our family of companies has provided the technical expertise, advanced equipment and operational support necessary for success.NOV Energy Equipment designs, builds, and supports the world’s most advanced drilling, production, and energy transition solutions. Within NOV Energy Equipment, we provide integrated systems and capital equipment for the global energy industry.NOV Energy Products and Services integrates people, products, and technology to help our customers maximize efficiency and productivity in oil and gas drilling, completions, and production, both on land and offshore. With a strong emphasis on quality and reliability, our offerings extend beyond oil and gas to encompass other industrial sectors.We are a global family of thousands of individuals, working as one team to create lasting impact for ourselves, our customers and the communities where we live and work. We take responsibility for each other and our company’s future, knowing that personal ownership leads to broader success.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company ...
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through two reporting segments: Energy Equipment and Energy Products and Services.NOV's two main predecessors, Oilwell Supply and National Supply, were founded in 1862 and 1893, respectively. These two companies manufactured and distributed pumps and derricks. In 1930, United States Steel acquired Oilwell Supply. In 1958, Armco Steel merged with National Supply.In February 2012 NOV acquired Russian coring company Interval Ltd. and purchased Dutch oil rig design company GustoMSC in 2018. GustoMSC, originally the engineering office of Gusto Shipyard, became part of NOV's Rig Technologies segment.National Oilwell Varco changed its name to NOV Inc. on January 1, 2021. The company's headquarters are in Southwest Management District (formerly Greater Sharpstown), Houston.In 2008, NOV was listed as one of the world's most admired companies by Forbes.
WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling. Nov.
NeueHouse, an upscale members-only co-working space, abruptly closed the doors of its L.A. and New York City clubhouses Friday due to financial challenges.The announcement, which was published on the company’s website and social media accounts Thursday, came just two days after the company encouraged people to sign up for memberships in an Instagram post.“Although NeueHouse has created an extremely valuable business that is prized by members and event hosts, unfortunately, it has been burdened by legacy liabilities,” according to the post on the company’s website, which was attributed to the NeueHouse board.
✅ Engaging content - from industry ... and company news. ✅ Opportunities to join the conversation, share your insights, and connect with fellow industry enthusiasts. Be sure to hit that 'Follow' button to stay up-to-date with all the exciting happenings at Process Systems. Here's to new beginnings and meaningful connections! #ProcessSystems #NOV...
✅ Engaging content - from industry insights to behind-the-scenes glimpses of our team in action ✅ Exclusive updates on our technologies, services, and company news. ✅ Opportunities to join the conversation, share your insights, and connect with fellow industry enthusiasts. Be sure to hit that 'Follow' button to stay up-to-date with all the exciting happenings at Process Systems. Here's to new beginnings and meaningful connections! #ProcessSystems #NOVNOV | 748,893 followers on LinkedIn. We power the industry that powers the world. | NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact.Removing the driller's cabin from the rig floor is a game changer for worker safety. What are your thoughts on this move? Let's discuss! 🛠️🔧👷♂️ Watch the video here: https://ow.ly/Bulb50R71zn NOV Drilling Contractor, Official Magazine of IADC #RigSafety #Innovation #FutureOfEnergy #OilAndGas #Automation #RoboticsInterested in a career in data or business intelligence? Caroline Dougherty, Director of Business Intelligence at NOV, joins the show today to talk about her unique career path and share the lessons she's learned along the way.
View NOV Inc company headquarters address along with its other key offices and locations.
View NOV Inc's company headquarters address along with its other key offices and locations.All the sales intelligence you need on NOV Inc in one solution.Understand how NOV Inc fits into your total addressable market and Ideal Customer Profile.Gain competitive edge with triggers that tell you when and how to engage with NOV Inc.
COPENHAGEN (Reuters) -Denmark’s economy remains robust despite job cuts at Novo Nordisk, the finance minister told Reuters on Wednesday, dismissing concerns that the pharmaceutical company’s financial troubles could further impact the country’s economic outlook.
Last year, Denmark ranked among Europe’s fastest-growing economies, with Novo Nordisk accounting for one-fifth of the country’s employment growth. "To put the 5,000 layoffs in perspective, it is important to say that we have seen an increase in employment of 38,000 in the past year," Wammen said. Denmark’s export-oriented economy, supported by major companies such as shipping group Maersk, brewer Carlsberg, toymaker Lego, and wind turbine maker Vestas, remains sensitive to global developments but is bolstered by strong public finances and a savings surplus."Some ask if you can compare it to what happened with Nokia," Wammen said. "I do not believe that Denmark is dependent on a single company," he added. "Novo Nordisk has the challenges they themselves have pointed out, but that does not change the fact that it remains a very strong Danish and global company."Last month, Denmark cut its 2025 economic growth forecast to 1.4% from 3%, citing weaker prospects for Novo Nordisk.The Nordic nation, home to 6 million people, has benefited from Novo Nordisk’s rapid expansion, which has driven growth through its Wegovy weight-loss drug and Ozempic diabetes treatment.
COPENHAGEN, Aug 20 (Reuters) - Wegovy-maker Novo Nordisk (NOVOb.CO), opens new tab has implemented a global hiring freeze covering job roles that are not critical for its business, the company said on Wednesday.
"We currently have a hiring freeze in non-business critical areas," the company said in an emailed statement, without elaborating. Investors in July wiped $70 billion off the drugmaker's market value, after Novo - which became Europe's most valuable listed company following the launch of Wegovy in 2021 - issued a profit warning and named a company veteran as its new CEO.Wegovy-maker Novo Nordisk has implemented a global hiring freeze covering job roles that are not critical for its business, the company said on Wednesday.Novo Nordisk logo is seen in this illustration taken August 5, 2025.The company is battling competition from copycat versions of its blockbuster Wegovy obesity drug this year and could face layoffs as it battles rising pressure from its main rival Eli Lilly.
U.S. oil producer ConocoPhillips COP will begin company-wide layoffs as early as Nov.
Home / Oil & Energy / Oil & Companies News / ConocoPhillips to begin layoffs as early as Nov 10, company says in state noticeOn Thursday, the company notified the Texas Workforce Commission that it anticipates the number of reductions in Houston could meet the threshold that mandates reporting to the state, ConocoPhillips spokesperson Dennis Nuss said.On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company will cut 20-25% of its workforce as part of a broad restructuring.The company later confirmed the report.
NOV Inc company profile analysis with the premuim data - Globaldata
NOV Inc (NOV), formerly National Oilwell Varco Inc, is a provider of technology, equipment, and services to the oil and gas industry. The company’s portfolio includes rig systems, wellbore technologies, and completion and production solutions. Its product line comprises fiberglass systems, pipe handlings, floating production systems, subsea production systems, integrated tensioning systems, drilling fluid equipment, and power systems.It serves well-servicing companies, drilling contractors, rig fabricators, pressure pumping companies, and independent oil and gas companies. The company has operations in various countries across the Americas, the Middle East, Africa, Asia-Pacific, and Europe. NOV is headquartered in Houston, Texas, the US.Understand NOV Inc portfolio and identify potential areas for collaboration Understand NOV Inc portfolio and identify potential areas for collaboration Register your interest · History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Register your interest · Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Register your interestAll the sales intelligence you need on NOV Inc in one solution.
And I think that's going to be ... to NOV. ... Great. Thank you for the details. ... Roger Read, Wells Fargo Securities. ... Yes, thanks. Good morning. I was hoping, Clay, to get a little more of your view here on the offshore as ultimately where the growth is going to come from and maybe how you think about some of the milestones we should watch for that signal? Is it going to be that companies are hesitant ...
And I think that's going to be increasingly important as these tariffs come into effect and are going to be a real benefit to NOV. ... Great. Thank you for the details. ... Roger Read, Wells Fargo Securities. ... Yes, thanks. Good morning. I was hoping, Clay, to get a little more of your view here on the offshore as ultimately where the growth is going to come from and maybe how you think about some of the milestones we should watch for that signal? Is it going to be that companies are hesitant to cut here in the near term?To provide that compelling value, cost is only one side of the equation. We're also relentlessly focused on making sure we have the right technology and offerings for our customers. We're in this for the long haul. We positioned the company to weather any storm and to invest in the future regardless of where we are in the cycle.Backlog for the business at the end of the current quarter has almost doubled since the end of the first quarter of 2024. Our Process Systems business had another strong quarter with revenue growing high single digits year on year including the booking of a gas dehydration package for a national oil company in the Middle East.Good day, and welcome to the Q1 2025 NOV Inc. earnings conference call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Ms. Amie D'Ambrosio, Director of Investor Relations.
NOV provides oilfield equipment, technologies, and expertise that answer the challenges of oil and gas customers worldwide with safety, efficiency, and reliability.
U.S. oil producer ConocoPhillips will begin company-wide layoffs as early as Nov. 10, the company said in a state notice sent to some employees on Thursday, seen by Reuters. On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company ...
U.S. oil producer ConocoPhillips will begin company-wide layoffs as early as Nov. 10, the company said in a state notice sent to some employees on Thursday, seen by Reuters. On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company will cut 20-25%…On Thursday, the company notified the Texas Workforce Commission that it anticipates the number of reductions in Houston could meet the threshold that mandates reporting to the state, ConocoPhillips spokesperson Dennis Nuss said.On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company will cut 20-25% of its workforce as part of a broad restructuring.The company later confirmed the report.
Check out your Company Bowl for anonymous work chats. Discover your earning potential, land dream jobs, and share work-life insights anonymously. ... NOV (NYSE: NOV) For more than 150 years, NOV has pioneered innovations that empower the global energy industry, enabling our customers to safely ...
Check out your Company Bowl for anonymous work chats. Discover your earning potential, land dream jobs, and share work-life insights anonymously. ... NOV (NYSE: NOV) For more than 150 years, NOV has pioneered innovations that empower the global energy industry, enabling our customers to safely produce abundant energy while minimizing their environmental impact.Glassdoor gives you an inside look at what it's like to work at NOV, including salaries, reviews, office photos, and more. This is the NOV company profile.See what employees say it's like to work at NOV. Salaries, reviews, and more - all posted by employees working at NOV.Mission: We power the industry that powers the world. NOV has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield. Building on that history, we continue to provide technology-driven solutions that empower the global energy industry.
PR ProfessionalsIR ProfessionalsAgenciesPublic CompaniesExplore by Industry · Sign up for a Business Wire account today! ... HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) today announced key leadership changes within its senior management team pursuant to the Company's long term succession ...
PR ProfessionalsIR ProfessionalsAgenciesPublic CompaniesExplore by Industry · Sign up for a Business Wire account today! ... HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) today announced key leadership changes within its senior management team pursuant to the Company's long term succession planning.As part of this plan, Jose Bayardo, the Company's Senior Vice President & Chief Financial Officer, has been promoted to President & Chief Operating Officer. Rodney Reed, the Company's President of NOV Process Flow Technologies, has been promoted to Senior Vice President & Chief Financial Officer.Bayardo has served in his previous role since joining the Company in 2015. Before joining NOV, he served in senior resource and business development roles at Continental Resources, Inc. and in senior operating and finance roles at Complete Production Services, Inc., after working in investment banking with J.P.Reed has served as President of NOV’s Process Flow Technologies business unit, President of NOV’s Completion Tools business unit, Vice President of Corporate Development, and Vice President of Internal Audit. Before joining NOV, Mr. Reed served as Senior Manager for Ernst & Young.
COPENHAGEN (Reuters) - Wegovy-maker Novo Nordisk will cut 9,000 jobs in a restructuring, aiming to save 8 billion Danish crowns ($1.26 billion) annually, the company said on Wednesday, as it battles rising pressure from main U.S.
The company already said in August that it had implemented a global hiring freeze covering job roles that were not critical for its business. Novo, which currently has 78,400 positions globally, said around 5,000 of the jobs will be cut in its native Denmark.Our company must evolve as well," newly appointed CEO Mike Doustdar said in the statement. "This means instilling an increased performance-based culture, deploying our resources ever more effectively, and prioritising investment where it will have the most impact – behind our leading therapy areas," he added. Novo, which became Europe’s most valuable listed company worth $650 billion last year on booming sales of Wegovy, is facing a pivotal moment as the medicine loses market share and sees sales growth slow, especially in the United States.Investors in July wiped $70 billion off the drugmaker’s market value, after Novo issued a profit warning and named company veteran Doustdar as its new CEO."Novo Nordisk today announced a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the company’s growth opportunities in diabetes and obesity," it said in a statement.
U.S. oil producer ConocoPhillips will begin company-wide layoffs as early as Nov. 10, the company said in a state notice sent to some employees on Thursday, seen by Reuters.
HOUSTON, Sept 4 (Reuters) - U.S. oil producer ConocoPhillips (COP.N), opens new tab will begin company-wide layoffs as early as Nov.On Thursday, the company notified the Texas Workforce Commission that it anticipates the number of reductions in Houston could meet the threshold that mandates reporting to the state, ConocoPhillips spokesperson Dennis Nuss said.On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company will cut 20-25% of its workforce as part of a broad restructuring.The company later confirmed the report.
HOUSTON (Reuters) -U.S. oil producer ConocoPhillips will begin company-wide layoffs as early as Nov. 10, the company said in a state notice sent to some employees on Thursday, seen by Reuters. On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message ...
HOUSTON (Reuters) -U.S. oil producer ConocoPhillips will begin company-wide layoffs as early as Nov. 10, the company said in a state notice sent to some employees on Thursday, seen by Reuters. On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company will cut 20-25% of its workforce as part of a broad restructuring.On Thursday, the company notified the Texas Workforce Commission that it anticipates the number of reductions in Houston could meet the threshold that mandates reporting to the state, ConocoPhillips spokesperson Dennis Nuss said.The company later confirmed the report.The company has about 13,000 employees globally, meaning between 2,600 and 3,250 employees could be affected.
June 11 (Reuters) - Denmark's Novo Nordisk (NOVOb.CO), opens new tab is partnering with biotech company Deep Apple Therapeutics in a deal worth up to $812 million to develop drugs for cardiometabolic diseases, including obesity, the California-based company said on Wednesday.
Deep Apple discovers drug candidates using its AI-based platform that screens virtual libraries of billions of compounds to cut drug discovery time, the company said. Sign up here. Under the deal, Novo will receive exclusive global rights to develop and commercialize so-called non-incretin oral therapies, which belong to a different class of medicines than its popular weight-loss and diabetes drugs Wegovy and Ozempic.Novo has been trying to strengthen its foothold in the potential $150 billion weight-loss drug market through the development of next-generation treatments as well as acquisitions and partnerships. In March, the company signed two licensing deals and gained access to experimental obesity drugs from Lexicon Pharmaceuticals (LXRX.O), opens new tab and China-based United Laboratories International (3933.HK), opens new tab.The company's shares have plunged since hitting a record high in June last year as competition, particularly from U.S. rival Eli Lilly (LLY.N), opens new tab, eats into its market share, while Novo's pipeline of new drugs has failed to impress investors.Flags with the Novo Nordisk logo flutter outside their Danish company's offices in Copenhagen, Denmark, September 26, 2023.
NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing nearly two thirds of its annual revenue.
See the latest NOV Inc stock price (NOV:XNYS), related news, valuation, dividends and more to help you make your investing decisions.NOV is a large diversified oilfield-services supplier that competes with Schlumberger, Halliburton, and Baker Hughes. It grapples with the Big Three in many end markets, but its significant presence in equipment manufacturing sets it apart. NOV is the largest original equipment manufacturer of rig systems for oilfield-services providers in onshore and offshore markets.NOV is trading at a 695% premium.Increased production activity and diminished excess inventory will increase new demand for NOV’s highly profitable rig aftermarket services.