NOV Inc. (NOV) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:05.752 Good day and thank you for standing by. Welcome to the second quarter 2026 NOV Inc. 00:00:05.752 -- 00:00:10.113 earnings conference call. At this time, all participants are in a listen-only mode. 00:00:10.113 -- 00:00:13.794 After the speaker's presentation, there will be a question and answer session. 00:00:13.794 -- 00:00:18.175 To ask a question during this session, you will need to press star 1-1 on your telephone. 00:00:18.175 -- 00:00:21.636 You will then hear an automated message advising your hand is raised. 00:00:21.636 -- 00:00:24.776 To withdraw your question, please press star 1-1 again. 00:00:24.776 -- 00:00:28.022 Please be advised that today's conference is being recorded. 00:00:28.022 -- 00:00:32.684 I would now like to hand the conference over to your speaker today, Amie D'Ambrosio, 00:00:32.684 -- 00:00:36.905 Director of IR. Ma'am, please go ahead. 00:00:38.366 -- 00:00:43.308 Welcome, everyone, to NOV's second quarter 2026 earnings conference call. 00:00:43.308 -- 00:00:48.430 With me today are Jose Bayardo, our Chairman, President, and CEO, and Rodney Reed, 00:00:48.430 -- 00:00:53.334 our Senior Vice President and CFO. Before we begin, I would like to remind you that some 00:00:53.334 -- 00:00:57.097 of today's comments are forward-looking statements within the meaning of the federal 00:00:57.097 -- 00:01:03.363 securities laws. They involve risks and uncertainty, and actual results may differ materially. 00:01:03.363 -- 00:01:07.366 No one should assume these forward-looking statements remain valid later in the quarter 00:01:07.366 -- 00:01:12.270 or later in the year. For a more detailed discussion of the major risk factors affecting 00:01:12.270 -- 00:01:17.675 our business, please refer to our latest form...