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NOV NYSE:NOV Stock Report

Last Price

US$18.83

Market Cap

US$7.5b

7D

1.9%

1Y

4.5%

Updated

24 Apr, 2024

Data

Company Financials +

NOV Stock Overview

NOV Inc. 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.

NOV fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends1/6

NOV Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NOV
Historical stock prices
Current Share PriceUS$18.83
52 Week HighUS$21.91
52 Week LowUS$14.05
Beta1.76
1 Month Change-2.13%
3 Month Change-10.25%
1 Year Change4.50%
3 Year Change26.55%
5 Year Change-24.44%
Change since IPO274.26%

Recent News & Updates

NOV (NYSE:NOV) Has A Pretty Healthy Balance Sheet

Apr 23
NOV (NYSE:NOV) Has A Pretty Healthy Balance Sheet

NOV: Energy Supplier Sees Some Energy Itself

Apr 15

Recent updates

NOV (NYSE:NOV) Has A Pretty Healthy Balance Sheet

Apr 23
NOV (NYSE:NOV) Has A Pretty Healthy Balance Sheet

NOV: Energy Supplier Sees Some Energy Itself

Apr 15

NOV (NYSE:NOV) Is Paying Out A Dividend Of $0.05

Mar 07
NOV (NYSE:NOV) Is Paying Out A Dividend Of $0.05

Some Confidence Is Lacking In NOV Inc.'s (NYSE:NOV) P/S

Mar 05
Some Confidence Is Lacking In NOV Inc.'s (NYSE:NOV) P/S

There May Be Underlying Issues With The Quality Of NOV's (NYSE:NOV) Earnings

Feb 15
There May Be Underlying Issues With The Quality Of NOV's (NYSE:NOV) Earnings

NOV's Selloff On Last Week's Events Is Likely Overdone, But Wait For The Dust To Settle

Feb 05

Earnings Beat: NOV Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 04
Earnings Beat: NOV Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)

Jan 14
Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)

NOV Earnings Preview: Cash Flow Inflection Point Is Coming

Jan 08

We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt

Dec 18
We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt

NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital

Dec 05
NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital

NOV (NYSE:NOV) Will Pay A Dividend Of $0.05

Nov 20
NOV (NYSE:NOV) Will Pay A Dividend Of $0.05

Here's Why We Think NOV (NYSE:NOV) Is Well Worth Watching

Oct 30
Here's Why We Think NOV (NYSE:NOV) Is Well Worth Watching

NOV: A Balanced Approach For Long-Term Investors

Oct 24

NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 38% Above Its Share Price

Oct 13
NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 38% Above Its Share Price

Returns Are Gaining Momentum At NOV (NYSE:NOV)

Sep 04
Returns Are Gaining Momentum At NOV (NYSE:NOV)

NOV: Riding The Wave Of International Drilling Growth

Aug 09

NOV Inc.'s (NYSE:NOV) P/S Still Appears To Be Reasonable

Jul 26
NOV Inc.'s (NYSE:NOV) P/S Still Appears To Be Reasonable

A Look At The Fair Value Of NOV Inc. (NYSE:NOV)

Jul 08
A Look At The Fair Value Of NOV Inc. (NYSE:NOV)

We Think NOV (NYSE:NOV) Is Taking Some Risk With Its Debt

Jun 19
We Think NOV (NYSE:NOV) Is Taking Some Risk With Its Debt

NOV: A Hold Until Valuation Goes Down

May 26

NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital

Apr 17
NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital

A Look At The Fair Value Of NOV Inc. (NYSE:NOV)

Mar 27
A Look At The Fair Value Of NOV Inc. (NYSE:NOV)

NOV (NYSE:NOV) Has A Somewhat Strained Balance Sheet

Mar 06
NOV (NYSE:NOV) Has A Somewhat Strained Balance Sheet

National Oilwell Varco declares $0.05 dividend

Feb 24

National Oilwell Varco Q4 2022 Earnings Preview

Feb 05

NOV: Time To Lock In Some Profits

Jan 11

The Return Trends At NOV (NYSE:NOV) Look Promising

Dec 26
The Return Trends At NOV (NYSE:NOV) Look Promising

Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)

Nov 29
Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)

NOV Inc: Inevitable Upside But A Risky Entry Now

Nov 06

National Oilwell Varco GAAP EPS of $0.08 misses by $0.09, revenue of $1.89B beats by $70M

Oct 27

National Oilwell Varco declares $0.05 dividend

Aug 17

Are Investors Undervaluing NOV Inc. (NYSE:NOV) By 40%?

Aug 16
Are Investors Undervaluing NOV Inc. (NYSE:NOV) By 40%?

NOV GAAP EPS of $0.18 beats by $0.14, revenue of $1.73B beats by $100M

Jul 27

We Think NOV (NYSE:NOV) Has A Fair Chunk Of Debt

Jul 25
We Think NOV (NYSE:NOV) Has A Fair Chunk Of Debt

NOV Has Peaked

May 11

Calculating The Intrinsic Value Of NOV Inc. (NYSE:NOV)

May 05
Calculating The Intrinsic Value Of NOV Inc. (NYSE:NOV)

We Think NOV (NYSE:NOV) Has A Fair Chunk Of Debt

Apr 09
We Think NOV (NYSE:NOV) Has A Fair Chunk Of Debt

NOV Inc.: Waiting For A Dip

Mar 18

Shareholder Returns

NOVUS Energy ServicesUS Market
7D1.9%0.6%1.2%
1Y4.5%18.2%24.9%

Return vs Industry: NOV underperformed the US Energy Services industry which returned 19.3% over the past year.

Return vs Market: NOV underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is NOV's price volatile compared to industry and market?
NOV volatility
NOV Average Weekly Movement4.7%
Energy Services Industry Average Movement5.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: NOV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186233,676Clay Williamswww.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 in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.

NOV Inc. Fundamentals Summary

How do NOV's earnings and revenue compare to its market cap?
NOV fundamental statistics
Market capUS$7.46b
Earnings (TTM)US$993.00m
Revenue (TTM)US$8.58b

7.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOV income statement (TTM)
RevenueUS$8.58b
Cost of RevenueUS$6.74b
Gross ProfitUS$1.84b
Other ExpensesUS$850.00m
EarningsUS$993.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)2.51
Gross Margin21.47%
Net Profit Margin11.57%
Debt/Equity Ratio27.6%

How did NOV perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

8%

Payout Ratio
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