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tz-plus logo Pivotal-Point Follow-up on NOV Inc. (NOV): AI-driven Well Automation and Robotics Leads to Record Order Backlog of Over $4.5 Billion!

W. Zussner
Reading Time: 1 minute

NOV is a provider for the oil and gas industry as well as the renewable energy sector. On January 5, 2026, positive market reports and a record order backlog of over $4.5 billion boosted the stock. NOV offers essential technologies for drilling, production, and infrastructure. The deepwater projects sector is growing particularly strong, as offshore productions regain significant competitiveness due to decreasing break-even costs compared to U.S. shale gas and provide long-term planning security. The company is consistently focused on efficiency...

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