NYSEEnergyOil & Gas Equipment & ServicesS&P MidCap 400
$17.56
+0.17 (+0.98%)
Close of Nov 06, 2026 · end-of-day data
NOV 8-K filings in 2024
Every material Form 8-K NOV filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
NOV Inc. appointed Christian S. Kendall, former President and CEO of Denbury Inc., as a director effective December 15, 2024, with a term ending at the next annual meeting. He will serve on the Audit Committee, and the board now has eleven directors, ten of them independent.
Christian S. Kendall appointed to the Board on December 15, 2024, and will serve on the Audit Committee
Kendall has more than 30 years of oil and gas experience, including as director, President and CEO of Denbury Inc. before its acquisition by Exxon Mobil in November 2023
Board now has eleven directors, ten of whom are independent
NOV reported third-quarter 2024 revenue of $2.19 billion, roughly flat year over year, and net income of $130 million, or $0.33 per share, up $16 million from a year earlier. For the fourth quarter, management expects consolidated revenue to fall 3% to 5% year over year, with Adjusted EBITDA of $280 million to $300 million, and full-year Adjusted EBITDA near the lower end of its prior $1.10 billion to $1.18 billion range.
Q3 2024 revenue was $2.19 billion, up $6 million from Q3 2023; Adjusted EBITDA rose 7% to $286 million.
Q3 net income was $130 million, or $0.33 per share, up $16 million, or $0.04 per share, year over year.
Q4 2024 guidance: consolidated revenue down 3% to 5% year over year and Adjusted EBITDA of $280 million to $300 million.
Q3 free cash flow was $277 million; NOV repurchased 4.6 million shares for $80 million and returned $109 million to shareholders in total.
NOV entered a five-year unsecured revolving credit facility of up to $1.5 billion with Wells Fargo as administrative agent, and terminated its $2.0 billion 2017 facility, which was scheduled to expire in October 2025. The company says it paid no termination penalties, and the new facility can be increased to $2.5 billion with lender consent, giving NOV a longer-dated borrowing source.
New $1.5 billion unsecured revolving credit facility dated September 12, 2024, with initial maturity in September 2029
Two one-year extension options, subject to consent of extending lenders; commitments can increase to $2.5 billion
Prior $2.0 billion 2017 facility terminated on September 12, 2024, with no termination penalties
Proceeds to be used for working capital and general corporate purposes
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every NOV filing is on SEC EDGAR ↗. 8-K briefs of other companies →