NOV (NOV) Stock

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HOUSTON--(BUSINESS WIRE)--NOV has named Chris Kendall as a new member of its Board of Directors.

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HOUSTON--(BUSINESS WIRE)-- #corporateinnovation--Venture Builder VC has introduced the NOV Supernova Accelerator, a new program in collaboration with NOV Inc. (NYSE: NOV), a key player in technology and services for the oil and gas industry. The program aims to speed up innovative solutions for NOV's digital transformation efforts in the upstream oil and gas sector, utilizing Venture Builder VC's experience in growing promising startups. This initiative will last for five months.

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NOV Inc. announced disappointing results for the third quarter after the market closed on Thursday.

NOV Inc. (NYSE:NOV) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 11:00 AM ET. The call will feature company representatives, including Amie D'Ambrosio, Clay Williams, and Jose Bayardo, along with participants from various financial firms. The operator will begin by welcoming everyone to the call.

NOV predicts a revenue drop of 3-5% compared to the previous year in the fourth quarter of 2024. They expect the adjusted EBITDA to be around $280 million to $300 million during that period.