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NOV Inc (NOV) Q1 2021 Earnings Call Transcript

Operator
Good day, ladies and gentlemen, and welcome to the NOV First Quarter 2021 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to introduce your host for today s conference, Mr. Blake McCarthy, Vice President of Corporate Development and Investor Relations. Sir, you may begin.
Blake McCarthy
Vice President-Corporate Development and Investor Relations
Welcome, everyone, to NOV s First Quarter 2021 Earnings Conference Call. With me today are Clay Williams, our Chairman, President and CEO; and Jose Bayardo, our Senior Vice President and CFO. Before we begin, I would like to remind you that some of today s comments are forward-looking statements within the meaning of the federal securities laws. They involve risks and uncertainty, and actual results may differ materially. No one should assume these forward-looking statements remain valid later in the quarter or later in the year. ....

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Nabors Announces First Quarter 2021 Results

Nabors Announces First Quarter 2021 Results
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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NOV Forecasting Oilfield Business Rebound as E&P Customers Get Back to Work, Restock Equipment

NOV Forecasting Oilfield Business Rebound as E&P Customers Get Back to Work, Restock Equipment
Houston-based NOV Inc. faced challenging conditions for its rig equipment and technology in the first quarter, but as activity in North America and overseas improves, business should improve going forward, CEO Clay Williams said Wednesday.
Williams, who held court to discuss the first quarter during an hour-long conference call, said the latest results reflected the “full impact of the shockwave” of 2020. Adding insult to injury, the first quarter “was further impacted by other factors,” he said.
“Severe winter weather and power outages in Texas and Oklahoma led to 63 NOV facilities being shuttered for a week or more,” he told analysts. NOV had signaled in March that the February freeze would weigh on first quarter results. ....

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Nabors Announces First Quarter 2021 Results

Nabors Announces First Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Nabors Announces First Quarter 2021 Results

Nabors Announces First Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , United States , William Restrepo , Williamc Conroy , Anthonyg Petrello , Exchange Commission , Drilling Solutions , International Drilling , Corporate Development Investor Relations , Securities Exchange , Nabors Industries Ltd , Nabors Industries , Nabors Chairman , North American , Performance Products , Managed Pressure Drilling , Latin America , Rig Technologies , Cash Flow , Securities Act , Securities Exchange Act , Vice President , Corporate Development , Investor Relations , Kara Peak , Rigs Working ,