NOV sees its oil and gas business in North America grow, but overseas demand weakens – Natural Gas Intelligence

NOV sees its oil and gas business in North America grow, but overseas demand weakens – Natural Gas Intelligence

Oilfield equipment expert NOV Inc. warned on Tuesday that fourth-quarter profits would be lower than expected as higher levels of activity in North America were not enough to overcome a softer international market. On a consolidated basis, NOV expects to report quarterly revenue of $ 1.33 billion and an operating loss of $ 327 million. […]
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