NOV: third-quarter adjusted EBITDA reached $281 million
NOV reported third-quarter revenue up 2% year over year and guided fourth-quarter adjusted EBITDA to $260–300 million with revenue roughly flat.
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what happened
NOV's revenue in the third quarter rose 2% from a year earlier. Adjusted EBITDA reached $281 million, including a $5 million benefit from tariff refunds.
According to TradingView, the company expects fourth-quarter revenue to be roughly flat year over year. Its adjusted EBITDA guidance is between $260 million and $300 million.
why it matters
The tariff-refund gain lifted the quarterly figure slightly, so the guided range gives a clearer picture of the company's underlying earnings power. Flat revenue guidance points to steady demand for oilfield equipment and services rather than a sharp acceleration.
market impact
Oilfield services: steady guidance supports sentiment around NOV shares
tags
instruments
sources
- NOV: Q3 Adjusted EBITDA reached $281M as Q4 guidance points to steady revenue and $260M–$300M EBITDA — TradingView, 28 October 2026 at 08:01 UTC
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