NOV Inc.

BOVESPA:N1OV34 Stock Report

Market Cap: R$34.9b

NOV Management

Management criteria checks 3/4

NOV's CEO is Clay Williams, appointed in Dec 2012, has a tenure of 11.08 years. total yearly compensation is $12.98M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth R$97.62M. The average tenure of the management team and the board of directors is 7.8 years and 10.7 years respectively.

Key information

Clay Williams

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage7.6%
CEO tenure12yrs
CEO ownership0.3%
Management average tenure7.8yrs
Board average tenure10.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Clay Williams's remuneration changed compared to NOV's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

US$986m

Dec 31 2023US$13mUS$989k

US$993m

Sep 30 2023n/an/a

US$499m

Jun 30 2023n/an/a

US$417m

Mar 31 2023n/an/a

US$331m

Dec 31 2022US$13mUS$940k

US$155m

Sep 30 2022n/an/a

US$11m

Jun 30 2022n/an/a

-US$90m

Mar 31 2022n/an/a

-US$185m

Dec 31 2021US$11mUS$940k

-US$250m

Sep 30 2021n/an/a

-US$557m

Jun 30 2021n/an/a

-US$543m

Mar 31 2021n/an/a

-US$610m

Dec 31 2020US$11mUS$816k

-US$3b

Sep 30 2020n/an/a

-US$3b

Jun 30 2020n/an/a

-US$3b

Mar 31 2020n/an/a

-US$8b

Dec 31 2019US$13mUS$940k

-US$6b

Sep 30 2019n/an/a

-US$6b

Jun 30 2019n/an/a

-US$5b

Mar 31 2019n/an/a

-US$40m

Dec 31 2018US$14mUS$917k

-US$31m

Compensation vs Market: Clay's total compensation ($USD12.98M) is above average for companies of similar size in the BR market ($USD2.31M).

Compensation vs Earnings: Clay's compensation has been consistent with company performance over the past year.

CEO

Clay Williams (61 yo)

12yrs

Tenure

US$12,975,182

Compensation

Mr. Clay C. Williams serves as the Chairman, President and Chief Executive Officer of National Oilwell Varco, L.P. Mr. Williams has been the Chairman and Chief Executive Officer at National Oilwell Varco N...

Leadership Team

NamePositionTenureCompensationOwnership
Clay Williams
Chairman12yrsUS$12.98m0.28%
R$ 97.6m
Jose Bayardo
Senior VP & CFO9.3yrsUS$4.73m0.10%
R$ 35.4m
Joseph Rovig
President of Energy Equipmentno dataUS$3.47m0.036%
R$ 12.7m
Christy Novak
VP, Corporate Controller & Chief Accounting Officer3.1yrsno data0.00031%
R$ 108.1k
David Reid
Chief Marketing Officer & CTO4.7yrsno datano data
Alex Philips
Chief Information Officer9.3yrsno datano data
Bonnie Houston
Chief Administrative Officer7.8yrsno datano data
Amie D'Ambrosio
Director of Investor Relationsno datano datano data
Craig Weinstock
Senior VP10.2yrsUS$2.49m0.044%
R$ 15.3m
Mike Loucaides
Chief Health2.7yrsno datano data
Scott Livingston
President of Energy Products & Services6.9yrsno data0.016%
R$ 5.5m
Brigitte Hunt
VP, Assistant General Counsel & Assistant Secretaryno datano datano data

7.8yrs

Average Tenure

57yo

Average Age

Experienced Management: N1OV34's management team is seasoned and experienced (7.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Clay Williams
Chairman11.1yrsUS$12.98m0.28%
R$ 97.6m
Ben Guill
Independent Director25.9yrsUS$287.50k0.032%
R$ 11.3m
David Harrison
Independent Director21.3yrsUS$290.00k0.026%
R$ 9.1m
Gregory Armstrong
Lead Independent Director19.8yrsUS$302.50k0.021%
R$ 7.4m
Eric Mattson
Independent Director19.8yrsUS$292.50k0.012%
R$ 4.2m
Patricia Melcher
Independent Directorless than a yearno data0.000030%
R$ 10.5k
Marcela Donadio
Independent Director10.7yrsUS$310.00k0.015%
R$ 5.4m
William Thomas
Independent Director9.1yrsUS$298.75k0.014%
R$ 4.9m
Patricia Martinez
Independent Directorless than a yearno datano data
Christian Kendall
Directorno datano datano data
Robert Welborn
Independent Director3.2yrsUS$297.50k0.0022%
R$ 760.4k

10.7yrs

Average Tenure

66yo

Average Age

Experienced Board: N1OV34's board of directors are seasoned and experienced ( 10.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 22:11
End of Day Share Price 2024/10/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NOV Inc. is covered by 74 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets