NOV Inc
NOV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| q% | LOCK|t< | LOCK|#kxD&B |
NOV Earnings: Segment Performances Diverge While the Middle East Recovers
NOV reported third-quarter revenue of $2.23 billion, up roughly 2% year over year. Adjusted EBITDA margin was 12.6%, increasing 70 basis points from this time last year. Energy products and services performed particularly well, driven by strong growth in the Middle East and Latin America.
