NOV Inc. (NOV) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.916 Good day and thank you for standing by. Welcome to the first quarter of 2026 NOV Inc. 00:00:03.916 -- 00:00:08.061 Earnings Conference Call. At this time, all participants are on a listen-only mode. 00:00:08.061 -- 00:00:11.025 After the speaker's presentation, there will be a question and answer session. 00:00:11.025 -- 00:00:14.509 To ask a question during the session, you'll need to press star 1-1 on your telephone. 00:00:14.509 -- 00:00:17.312 You will then hear an automated message advising your hand is raised. 00:00:17.312 -- 00:00:20.116 To withdraw your question, please press star 1-1 again. 00:00:20.116 -- 00:00:22.619 Please be advised today's conference is being recorded. 00:00:22.619 -- 00:00:25.983 I would now like to hand the conference over to your speaker today, Amy D'Ambrosio, Director 00:00:25.983 -- 00:00:29.205 of Investor Relations. Please go ahead. 00:00:29.798 -- 00:00:34.464 Welcome everyone to NOV's first quarter 2026 earnings conference call. 00:00:34.464 -- 00:00:39.570 With me today are Jose Bayardo, our chairman, president, and CEO, and Rodney Reed, our 00:00:39.570 -- 00:00:44.617 senior vice president and CFO. Before we begin, I would like to remind you that some 00:00:44.617 -- 00:00:48.241 of today's comments are forward-looking statements within the meaning of the federal 00:00:48.241 -- 00:00:54.132 securities laws. They involve risks and uncertainty, and actual results may differ materially. 00:00:54.132 -- 00:00:57.656 No one should assume these forward-looking statements remain valid later in the quarter 00:00:57.656 -- 00:01:02.841 or later in the year. For a more detailed discussion of the major risk factors affecting 00:01:02.841 -- 00:01:08.086 our business, please refer to our latest forms...