secwatch.observer — SEC 8-K summary
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Issuer:     NOV Inc. (NOV)
CIK:        0001021860
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001564590-22-003905
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NOV Q4 revenue $1.52B (+13% seq); net loss $40M; adj. EBITDA $69M
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- Revenue $1.52B, up 13% sequentially and 14% YoY; net loss $40M includes $20M in one-time charges.
- Adjusted EBITDA $69M (4.5% of sales), improved from prior quarter; full year adj. EBITDA $229M (4.1%).
- Wellbore Technologies revenue $576M (+14% seq); Completion & Production $549M (+15% seq); Rig Technologies $431M (+11% seq).
- New orders: Completion & Production $495M (book-to-bill 159%); Rig Technologies $191M (102%); backlog $1.29B and $2.77B.
- Cash $1.59B, debt $1.71B, $2.0B available on revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021860/000156459022003905/0001564590-22-003905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021860/000156459022003905/nov-8k_20220204.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-003905

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer