NOV * Stock Overview

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. More details

NOV * fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 17.6% below our estimate of its fair value

Earnings grew by 540.6% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 6.9% per year for the next 3 years

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

NOV Inc. Competitors

Vista Energy. de

BMV:VISTA A

Mex$104.8b

Yantai Jereh Oilfield Services Group

SZSE:002353

CN¥38.0b

Weatherford International

NasdaqGS:WFRD

US$4.8b

CNOOC Energy Technology & Services

SHSE:600968

CN¥38.9b

Price History & Performance

Summary of share price highs, lows and changes for NOV
Historical stock prices
Current Share Price	US$322.44
52 Week High	US$349.09
52 Week Low	US$322.44
Beta	1.78
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	8.93%
5 Year Change	-42.84%
Change since IPO	-61.15%

Recent updates

Shareholder Returns

	NOV *	MX Energy Services	MX Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how NOV * performed against the MX Energy Services industry.

Return vs Market: Insufficient data to determine how NOV * performed against the MX Market.

Price Volatility

Is NOV *'s price volatile compared to industry and market?
NOV * volatility
NOV * Average Weekly Movement	n/a
Energy Services Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: NOV * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NOV *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1862	32,307	Clay Williams	www.nov.com

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits.

NOV Inc. Fundamentals Summary

How do NOV's earnings and revenue compare to its market cap?
NOV * fundamental statistics
Market cap	Mex$117.62b
Earnings (TTM)	Mex$16.96b
Revenue (TTM)	Mex$146.61b

6.9x

P/E Ratio

0.8x

P/S Ratio

Is NOV * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOV * income statement (TTM)
Revenue	US$8.58b
Cost of Revenue	US$6.75b
Gross Profit	US$1.83b
Other Expenses	US$840.00m
Earnings	US$993.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.52
Gross Margin	21.36%
Net Profit Margin	11.57%
Debt/Equity Ratio	27.6%

How did NOV * perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

8%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/13 21:53
End of Day Share Price	2023/11/16 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

NOV Inc. is covered by 68 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Selesky	Argus Research Company
Waqar Syed	ATB Capital Markets
Daniel Leben	Baird

NOV * Stock Overview

Rewards

Risk Analysis

NOV Inc. Competitors

BMV:VISTA A

Mex$104.8b

SZSE:002353

CN¥38.0b

NasdaqGS:WFRD

US$4.8b

SHSE:600968

CN¥38.9b

Price History & Performance

Recent News & Updates

NOV Inc. Declares Regular Quarterly Cash Dividend on Common Stock, Payable on March 28, 2025

NOV Inc. Provides Earnings Guidance for the First Quarter of 2025

NOV Inc. to Report Q4, 2024 Results on Feb 04, 2025

Nov Inc. Appoints Chris Kendall to the Board of Directors

NOV Inc. Declares Regular Quarterly Dividend, Payable on December 20, 2024

NOV Inc. Declares Regular Quarterly Dividend, Payable on September 27, 2024

Recent updates

NOV Inc. Declares Regular Quarterly Cash Dividend on Common Stock, Payable on March 28, 2025

NOV Inc. Provides Earnings Guidance for the First Quarter of 2025

NOV Inc. to Report Q4, 2024 Results on Feb 04, 2025

Nov Inc. Appoints Chris Kendall to the Board of Directors

NOV Inc. Declares Regular Quarterly Dividend, Payable on December 20, 2024

NOV Inc. Declares Regular Quarterly Dividend, Payable on September 27, 2024

NOV Inc. Provides Consolidated Earnings Guidance for the Third Quarter and Full Year 2024

NOV Inc. to Report Q2, 2024 Results on Jul 25, 2024

NOV Inc. Declares Regular Quarterly Cash Dividend, Payable on June 28, 2024

NOV Inc. Expects to Increase Its Quarterly Cash Dividend from Quarter Ended June 30, 2024

NOV Inc. (NYSE:NOV) announces an Equity Buyback for $1,000 million worth of its shares.

Cemc Services, LLC completed the acquisition of Ameron Pole Products LLC from NOV Inc. (NYSE:NOV).

NOV Inc., Annual General Meeting, May 15, 2024

NOV Inc. to Report Q1, 2024 Results on Apr 25, 2024

Cemc Services, LLC entered into a Membership Interest Purchase Agreement to acquire Ameron Pole Products LLC from NOV Inc. (NYSE:NOV) for $180 million.

NOV Inc. Appoints Patricia Martinez to the Board of Directors

NOV Inc. Declares Regular Quarterly Dividend, Payable on March 28, 2024

NOV Inc. (NYSE:NOV) acquired Extract Production Services, LLC.

NOV Inc. Appoints Patricia Melcher to the Board of Directors, Effective January 17, 2024

NOV Inc. Declares Regular Quarterly Dividend, Payable on December 22, 2023

Insufficient new directors

NOV Inc. Announces Executive Changes

NOV Inc. to Report Q3, 2023 Results on Oct 26, 2023

Insufficient new directors

NOV Inc. Declares Regular Quarterly Cash Dividend, Payable on September 29, 2023

NOV Inc. to Report Q2, 2023 Results on Jul 26, 2023

NOV Inc. Announces Melody Meyer Stepped Down from Her Position as A Non-Executive Director

Full year 2022 earnings released: EPS: US$0.40 (vs US$0.65 loss in FY 2021)

Insufficient new directors

NOV Inc. to Report Q4, 2022 Results on Feb 06, 2023

Nov Declares Regular Quarterly Dividend, Payable on December 23, 2022

NOV Inc. to Report Q3, 2022 Results on Oct 27, 2022

NOV Inc. Declares Regular Quarterly Cash Dividend, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: US$0.18 (vs US$0.067 loss in 2Q 2021)

Insufficient new directors

NOV Inc. to Report Q2, 2022 Results on Jul 27, 2022

Upcoming dividend of US$0.05 per share

Insufficient new directors

NOV Inc. Declares Regular Quarterly Cash Dividend, Payable on June 24, 2022

First quarter 2022 earnings released: US$0.13 loss per share (vs US$0.30 loss in 1Q 2021)

Insufficient new directors

NOV Inc., Annual General Meeting, May 24, 2022

Nov Inc. Declares Regular Quarterly Dividend, Payable on March 25, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Independent Director recently sold Mex$2.4m worth of stock

Third quarter 2021 earnings released: US$0.18 loss per share (vs US$0.14 loss in 3Q 2020)

Forecast to breakeven in 2022

Insufficient new directors

Second quarter 2021 earnings released: US$0.067 loss per share (vs US$0.24 loss in 2Q 2020)

NexTier Oilfield Solutions Inc. and NOV, Inc. Announce the Recent Completion of the First Phase of Field Testing of NOV's Electric Fracturing System Known as the Ideal™ eFrac Pump

Nov Inc. Provides Consolidated Earnings Guidance for the First Quarter 2021

NOV Inc. to Report Q1, 2021 Results on Apr 27, 2021

National Oilwell Varco, Inc. Enters into New Executive Employment Agreements

Shareholder Returns

Price Volatility

About the Company

NOV Inc. Fundamentals Summary

6.9x