NOV : BLM to support the French Eolink floating wind turbine pilot project (2024)

NOV INC.

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NOV Inc.

Equities

NOV

US62955J1034

Oil Related Services and Equipment
Market Closed - Nyse

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04:00:02 2024-06-07 pm EDT
5-day change 1st Jan Change
17.32 USD -0.46% NOV : BLM to support the French Eolink floating wind turbine pilot project (2) -7.97% -14.60%
May. 16 NOV Increases Quarterly Cash Dividend by 50% to $0.075 per Share, Payable June 28 to Shareholders of Record on June 14 MT
May. 16 NOV Inc. Declares Regular Quarterly Cash Dividend, Payable on June 28, 2024 CI

November 29, 2022 at 10:09 pm EST

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The innovative solution reduces energy costs because it is a 30% lighter floating structure. The 5-MW pre-commercial floating wind turbine will be commissioned in 2024 at the SEM-REV test site in France.

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NOV Inc. published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 03:02:05 UTC.

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Latest news about NOV Inc.

NOV Increases Quarterly Cash Dividend by 50% to $0.075 per Share, Payable June 28 to Shareholders of Record on June 14 MT
NOV Inc. Declares Regular Quarterly Cash Dividend, Payable on June 28, 2024 CI
Atlas Energy Solutions Overcomes Early Slide, Supported by Improved Q1 Results, Dividend Increase MT
Atlas Energy Solutions Q1 Net Income, Sales Rise; Quarterly Dividend Raised; New CFO Appointed MT
Transcript : NOV Inc., Q1 2024 Earnings Call, Apr 26, 2024
NOV Inc. Expects to Increase Its Quarterly Cash Dividend from Quarter Ended June 30, 2024 CI
NOV Inc. Intends to Declare A Supplemental Dividend During the Quarter Ended June 30, 2025 CI
NOV Inc. announces an Equity Buyback for $1,000 million worth of its shares. CI
NOV Q1 Profit Declines, Revenue Rises; Issues Q2, Full-Year Guidance; Unveils Plans for Return of Capital MT
NOV Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024 CI
NOV Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
NOV Inc. authorizes a Buyback Plan. CI
Morgan Stanley Raises Price Target on NOV to $25 From $24 on Removal of 'Saudi Risk Premium,' Keeps Overweight Rating MT
Arcosa Closes $180 Million Acquisition of Ameron Pole Products MT
Cemc Services, LLC completed the acquisition of Ameron Pole Products LLC from NOV Inc.. CI
Arcosa to Buy Ameron Pole Products From NOV for $180 Million MT
Cemc Services, LLC entered into a Membership Interest Purchase Agreement to acquire Ameron Pole Products LLC from NOV Inc. for $180 million. CI
NOV Inc. Appoints Patricia Martinez to the Board of Directors CI
NOV Inc. Establishes Regional Headquarters in Dammam, Saudi Arabia CI
Piper Sandler Adjusts NOV's Price Target to $22 From $25, Keeps Neutral Rating MT
NOV Inc. Declares Regular Quarterly Dividend, Payable on March 28, 2024 CI
Raymond James Adjusts Price Target on NOV to $25 From $28, Maintains Outperform Rating MT
Sector Update: Energy Stocks Slip Premarket Friday MT
Transcript : NOV Inc., Q4 2023 Earnings Call, Feb 02, 2024
NOV Q4 Earnings, Revenue Rises MT

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NOV : BLM to support the French Eolink floating wind turbine pilot project (3)

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Company Profile

NOV Inc. is an independent equipment and technology provider to the global energy industry. The Company’s segments include Energy Equipment, and Energy Products and Services. Its Energy Products and Services segment provides a variety of technologies used primarily to perform drilling and well completion operations and offers services that optimize their performance. Its Energy Products and Services segment designs, manufactures, rents, and sells equipment and products for drilling, intervention, completion, and production activities, including drill bits, downhole tools, premium drill pipe, drilling fluids, managed pressure drilling, integral and weld-on connectors for conductor strings and surface casing, completion tools, and artificial lift systems. Its Energy Equipment segment manufactures and supports the capital equipment and integrated systems needed for oil and gas exploration and production, both onshore and offshore, as well as for other marine-based and industrial markets.

Sector

Oil Related Services and Equipment

Calendar

2024-06-13 - Détachement de

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Ratings for NOV Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B

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Analysts' Consensus

Sell

NOV : BLM to support the French Eolink floating wind turbine pilot project (4)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

26

Last Close Price

17.32USD

Average target price

23.79USD

Spread / Average Target

+37.37%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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NOV : BLM to support the French Eolink floating wind turbine pilot project (15)

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NOV :  BLM to support the French Eolink floating wind turbine pilot project (2024)
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