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Oilfield services giant, NOV yesterday reported first-quarter 2020 revenues of $1.88 billion, compared to $1.94 billion from the same quarter last year. Net loss attributed to NOV was $2.05 billion, which included non-cash, pre-tax charges and other items of $2.25 billion. Clay Williams, Chairman, President, and CEO, said, “NOV is persevering through a pandemic that is presenting historic and extraordinary challenges to the oil and gas industry on several fronts,”.
