$NOV

HARRISON DAVID D sold 9,594 shares of NOV Inc. (NOV) at $19.21 ($0.18M total) on 2026-07-31.

NOV Inc. reported Q2 adjusted EPS of 31 cents, above the Zacks Consensus estimate of 16 cents, on revenue of $2.1 billion, also above expectations. Margins improved, with Energy Equipment EBITDA $200 million and a 16.4% margin. Revenues were mixed across segments, and management guided Q3 2026 revenue flat to up 2% and EBITDA $240–$270 million.

Morgan Stanley research cited by the article says the median S&P 500 EPS surprise was 6% in Q1 2026, above the long-run ~5.5% average. FactSet research cited says firms with positive EPS surprises tend to keep outperforming after results. The article lists 28 companies that beat Wall Street EPS expectations, including Ford (EPS $0.66 vs $0.31), Bloom Energy (EPS $0.78 vs $0.37; revenue >$1B, +164% YoY), and Incyte (EPS $3.09 vs $0.94).

NOV Inc. (NOV) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 nov-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV Reports Second quarter 2026 EARNINGS • Revenues of $2.13 billion, up 4% sequentially and down 2% year-over-year • Net income of $112 million, or $0.31 per

NOV (NYSE:NOV) reported Q2 CY2026 revenue of $2.13 billion, down 2.5% year on year but 2.4% above Wall Street estimates, and GAAP profit of $0.31 per share, 93.6% above consensus. The company said EBITDA margin rose to 13.3%. Free cash flow was negative, with $64 million burned in Q2.

NOV (NYSE: NOV), an oilfield equipment maker, reports Q2 results Tuesday after market close. Last quarter it had revenue of $2.05B, down 2.4% YoY, and met revenue expectations but missed EPS; EBITDA was in line. Analysts expect Q2 revenue to fall 4.7% YoY. NOV’s avg analyst price target is $21.75 vs $20.76.

NOV said it was selected for Wave 1 of Equinor’s NCS2035 subsea tieback strategy, which will coordinate contract awards across multiple tieback projects to improve standardization and execution and accelerate marginal discoveries. NOV attributed the award to its flexible pipe technology and ability to deliver cost-effective offshore solutions, according to NOV.

NOV Inc. (NYSE:NOV) saw analyst updates: Citi raised its price target to $22 from $20 and kept a Neutral rating, citing expected oilfield services improvement in 2027 and offshore equipment order growth next year. Goldman Sachs cut its target to $19 from $20 and reiterated Sell, citing caution, Middle East disruption-related incremental costs, and expected fiscal Q2 impact.

Shares of ProFrac (ACDC), NOV (NOV), and Borr Drilling (BORR) fell in the morning session after WTI crude dropped on progress in Iran–US peace-deal talks and renewed hopes for reopening the Strait of Hormuz. The article says lower oil prices typically lead producers to cut capex, reducing demand for drilling and completion services over the next 2–3 quarters.

MarketBeat’s stock screener lists five renewable energy stocks with the highest recent dollar trading volume: Quanta Services (PWR), WEC Energy Group (WEC), HA Sustainable Infrastructure Capital (HASI), NOV (NOV), and Clearway Energy (CWEN). The article describes each firm’s business and notes investors use these shares for exposure to clean-energy growth.