Highest-materiality recent filing
NOV Q2 2026: Net income $112M ($0.31/sh), revenue $2.13B, up 4% sequentially
Revenue $2.13B, up 4% sequentially, down 2% year-over-year.
NOV declares $0.09 regular and $0.09 supplemental dividends; all director nominees elected
Regular quarterly dividend of $0.09/share, payable June 26, 2026 to holders of record June 12, 2026.
NOV Q1 2026 revenue $2.05B, net income $19M, adjusted EBITDA $177M
Revenue $2.05B; net income $19M ($0.05 EPS); adjusted EBITDA $177M.
NOV warns Q1 revenue and earnings below guidance on Middle East conflict disruptions
Preliminary Q1 revenue of $2.05B, operating profit $47M, adjusted EBITDA $177M; previously guided higher.
NOV appoints Sanjay Chowbey, President & CEO of Kennametal, to Board of Directors
Sanjay Chowbey appointed to NOV Board effective March 17, 2026; will serve on Audit Committee.
NOV director Ben A. Guill resigns from board, effective February 19, 2026
Ben A. Guill resigned as director due to personal schedule and other time commitments.
NOV reports Q4 net loss of $78M on revenue of $2.28B; full-year net income of $145M
Q4 revenue $2.28B, up 5% sequentially; net loss of $78M ($0.21 EPS).
NOV CEO Clay Williams to retire Jan 1, 2026; Jose Bayardo to succeed as Chairman, President & CEO
Clay Williams steps down as Chairman and CEO effective Jan 1, 2026, remaining in advisory role until Feb 28, 2026.
NOV Q3 revenue $2.18B, net income $42M; COO Bayardo appointed to board
Bookings of $951M with book-to-bill 141%; revenues $2.18B for Q3 2025.
NOV Q2 2025 revenue $2.19B, net income $108M, returns $176M to shareholders
Revenues of $2.19B, up 4% sequentially, down 1% year-over-year.
Supplemental dividend of $0.21/share, payable June 13, 2025 to record holders as of June 2, 2025.
NOV Q1 net income falls to $73M; adjusted EBITDA rises to $252M
Net income of $73M ($0.19 EPS), down $46M year-over-year.
NOV promotes Bayardo to President & COO, Reed to CFO effective March 17
Jose Bayardo promoted from SVP & CFO to President & COO effective March 17, 2025.
NOV Q4 adj. EBITDA $302M, free cash flow $473M; capital orders book-to-bill 121%
Q4 net income $160M ($0.41 diluted EPS); FY net income $635M ($1.60 diluted EPS).
NOV appoints Chris Kendall to board of directors, effective Dec 15
Christian S. Kendall appointed as director effective Dec 15, 2024; will serve on Audit Committee.
NOV Q3 net income rises to $130M ($0.33 EPS); adjusted EBITDA $286M; bookings 111% book-to-bill
Net income of $130M ($0.33 EPS), up $16M year-over-year.
NOV enters $1.5B 5-year unsecured revolving credit facility, replaces $2B facility due 2025
New $1.5B unsecured revolving credit facility matures September 2029, with two 1-year extension options.
NOV Q2 revenue $2.22B (+6% YoY), net income $226M, adjusted EBITDA $281M; bookings 177% book-to-bill
Revenue of $2.22 billion, up 6% year-over-year.
NOV stockholders re-elect all ten directors, ratify auditors, approve say-on-pay
All ten director nominees re-elected to one-year terms; votes for ranging from 332M to 351M.
NOV Q1 revenue $2.16B (+10%); plans $1B buyback, 50% dividend increase
Q1 revenue $2.16B (+10% YoY); net income $119M (-$7M YoY); EPS $0.30 (-$0.02).
NOV appoints Patricia Martinez to board, bringing energy transition expertise
Patricia Martinez appointed to NOV board effective March 6, 2024; will serve on Audit Committee.
NOV Q4 revenue $2.34B, net income $598M, EPS $1.51; re-segmentation effective Jan 1, 2024
Q4 revenue $2.34B (+7% seq, +13% YoY); adjusted EBITDA $294M (+$27M seq, +$63M YoY).
NOV appoints Patricia Melcher to board of directors, effective Jan 17, 2024
Patricia Melcher, Managing Partner of EIV Capital, appointed to NOV board; term expires at next annual meeting.
NOV enters new 3-year employment agreements with CEO Williams and three other executive officers
Severance = 2x base salary plus 2x percentage (125% for CEO Williams, 80% for others) paid over 12 months.
NOV reports Q3 revenue $2.19B (+16% YoY), net income $114M, EPS $0.29 (down $0.10 sequentially)
Revenue of $2.19B, up 4% sequentially and 16% year-over-year, driven by growth across segments.
NOV announces two president retirements and segment consolidation into two units
Isaac Joseph (Wellbore Technologies) and Kirk Shelton (Completion & Production Solutions) to retire Dec 31, 2023, with advisory roles through Mar 31, 2024.
NOV Q2 2023 revenue $2.09B, up 21% YoY; EPS $0.39, up $0.21 YoY
Revenue of $2.09B, up 7% sequentially and 21% year-over-year.
NOV adopts indemnification pacts, shareholders OK officer liability exculpation
Indemnification agreements entered with all directors and executive officers for legal expenses and liabilities to fullest extent under Delaware law.
NOV reports Q1 2023 revenue of $1.96B, net income $126M ($0.32 EPS)
Revenue $1.96B, down 5% sequentially, up 27% year-over-year.
Director James T. Hackett resigns; Greg L. Armstrong named Lead Director
James T. Hackett resigns effective April 16, 2023 to avoid a potential conflict of interest.
NOV amends bylaws to update stockholder nomination procedures and reflect DGCL changes
Board amended and restated bylaws effective February 24, 2023.
NOV enters $184M annuity contract to settle defined benefit pension plan liabilities
Purchased single premium group annuity from Principal Life Insurance for ~$184M to settle National-Oilwell Defined Benefit Pension Plan.
NOV reports Q4 2022 revenue $2.07B, net income $104M ($0.26 EPS)
Revenue of $2.07B, up 10% sequentially and 37% year-over-year.
NOV Q3 2022 revenue up 41% YoY to $1.89B; net income $32M
Revenue of $1.89B, up 9% sequentially and 41% year-over-year.
NOV Q2 2022 revenue $1.73B, net income $69M, adjusted EBITDA $150M
Revenue of $1.73B, up 12% sequentially and 22% year-over-year.
NOV adopts equity retirement program and retiree medical plan for eligible employees
Qualifying employees must be age 60+, have 10+ years total service and 5 consecutive years; named executives eligible.
NOV stockholders re-elect 10 directors and approve all four proposals at annual meeting
All 10 director nominees elected with at least 91.3% of votes cast; final term expires 2023.
NOV Q1 2022 revenue $1.55B (+24% YoY); net loss $50M includes $45M Russia/Belarus/Ukraine charges
Net loss of $50M (3.2% of sales) includes $45M in impairment and restructuring charges from Russia, Belarus, and Ukraine.
NOV grants 248,805 RSUs to CEO and four other NEOs; vesting over three years
CEO Clay C. Williams received 127,764 RSUs; CFO Jose A. Bayardo 40,347; three presidents each 26,898 RSUs.
NOV Q4 revenue $1.52B (+13% seq); net loss $40M; adj. EBITDA $69M
Revenue $1.52B, up 13% sequentially and 14% YoY; net loss $40M includes $20M in one-time charges.
NOV reinstates quarterly dividend of $0.05 per share; payable Dec 17, 2021
Board reinstates regular quarterly cash dividend of $0.05 per share of common stock.
NOV Q3 2021 net loss $69M on revenue $1.34B; adjusted EBITDA $56M
Revenue $1.34B (-5% QoQ, -3% YoY); net loss $69M incl. $12M COVID charges and $24M other items.
NOV appoints Robert S. Welborn to board of directors; effective Oct 20, 2021
Robert S. Welborn, Head of Programs Data Science at Facebook, appointed to NOV board.
NOV CAO Scott Duff to retire; Christy Novak named successor effective Nov 1
Scott K. Duff will retire as CAO effective Nov 1, 2021; will remain as advisor until Feb 28, 2022.
NOV Q2 2021 revenue $1.42B, net loss $26M; adjusted EBITDA rises to $104M
Revenue of $1.42B, up 13% QoQ but down 5% YoY; net loss $26M includes $15M in one-time charges.
Also on March 17, 2025, the Company appointed Rodney Reed as its Senior Vice President and Chief Financial Officer.
On March 17, 2025, NOV Inc. (the “ Company ”) appointed Jose Bayardo as its President and Chief Operating Officer, effective March 17, 2025.
On March 6, 2024, the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Patricia Martinez as a director of the Company, effective March 6, 2024, with a term of office expiring at the next annual meeting of stockholders.
On January 17, 2024, the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Patricia B. Melcher as a director of the Company, effective January 17, 2024, with a term of office expiring at the next annual meeting of stockholders.
retirement of Kirk M. Shelton, President of Completion and Production Solutions
Scott B. Livingston has been selected to serve as the President of the Energy Products and Services segment
retirement of Isaac H. Joseph, President of Wellbore Technologies
Joseph W. Rovig has been selected to serve as the President of the Energy Equipment segment
Mr. James T. Hackett, a member of the Board of Directors (the “Board”) of NOV Inc. (the “Company”) since 2016 and the Board’s current independent Lead Director, notified the Board of his decision to resign from the Board, effective as of April 16, 2023.
The Board appointed Mr. Greg L. Armstrong, a current member of the Board, to serve as the Board’s independent Lead Director, effective as of April 16, 2023.
the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Robert S. Welborn as a director of the Company, effective October 20, 2021
On September 27, 2021, NOV Inc. (the “Company”) issued a press release announcing that Scott K. Duff, Vice President, Corporate Controller and Chief Accounting Officer, notified the Company of his intention to retire.
Max materiality 0.85 · Median 0.60 · Most common event earnings