Rodney Reed
Also on March 17, 2025, the Company appointed Rodney Reed as its Senior Vice President and Chief Financial Officer.
Highest-materiality recent filing
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).
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.
Max materiality 0.80 · Median 0.65 · Most common event earnings