Description
NOV Inc.: Strong International Activity in Production and Midstream Business!
NOV Inc.’s Q1 2024 financial results showed that revenues reached $2.16 billion, a 10% increase compared to Q1 2023, despite a decline in earnings per share from the previous year. NOV reported a net income of $119 million or $0.30 per fully diluted share. The reduced earnings per share were attributed to a higher effective tax rate and reduced income from the company’s joint venture. Adjusted EBITDA increased by $46 million to a total of $241 million, representing a year[1]over-year leverage of 24%.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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