NOV Inc. (NOV) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.358 Good day, and thank you for standing by. Welcome to NOV third quarter 2025 00:00:05.358 -- 00:00:10.724 earnings conference call. At this time, all participants in a listen-only mode. 00:00:10.724 -- 00:00:14.028 After the speaker's presentation, there'll be a question and answer session. 00:00:14.028 -- 00:00:18.934 To ask a question during the session, you need to press star 11 on your telephone. 00:00:18.934 -- 00:00:22.098 You will then hear an automated message advising your handage rate. 00:00:22.098 -- 00:00:25.643 To withdraw your question, please press star 11 again. 00:00:25.643 -- 00:00:28.567 Please be advised that today's conference is being recorded. 00:00:28.567 -- 00:00:34.033 I would now like to turn the call over to Amy Ambrosio, Director 00:00:34.033 -- 00:00:37.774 of Investor Relations. Please go ahead. 00:00:38.958 -- 00:00:43.302 Welcome, everyone, to NOV's third quarter 2025 earnings conference call. 00:00:43.302 -- 00:00:48.428 With me today are Clay Williams, our Chairman and CEO, Jose Bayardo, our President 00:00:48.428 -- 00:00:53.508 and COO, and Rodney Reed, our Senior Vice President and CFO. 00:00:53.508 -- 00:00:57.252 Before we begin, I would like to remind you that some of today's comments are forward-looking 00:00:57.252 -- 00:01:00.296 statements within the meaning of the federal securities laws. 00:01:00.296 -- 00:01:04.481 They involve risks and uncertainty, and actual results may differ materially. 00:01:04.481 -- 00:01:08.306 No one should assume these forward-looking statements remain valid later in the quarter 00:01:08.306 -- 00:01:13.031 or later in the year. For a more detailed discussion of the major risk factors affecting 00:01:13.031 -- 00:01:17.997 our business, please refer to our la...