NOV Inc.

NYSE:NOV Stock Report

Market Cap: US$7.3b

NOV Management

Management criteria checks 3/4

NOV's CEO is Clay Williams, appointed in Dec 2012, has a tenure of 11.42 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 $20.21M. The average tenure of the management team and the board of directors is 7.2 years and 10.3 years respectively.

Key information

Clay Williams

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage7.6%
CEO tenure11.4yrs
CEO ownership0.3%
Management average tenure7.2yrs
Board average tenure10.3yrs

Recent management updates

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

CEO Compensation Analysis

How has Clay Williams's remuneration changed compared to NOV's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2018n/an/a

-US$57m

Jun 30 2018n/an/a

-US$84m

Mar 31 2018n/an/a

-US$183m

Dec 31 2017US$13mUS$800k

-US$237m

Compensation vs Market: Clay's total compensation ($USD12.98M) is above average for companies of similar size in the US market ($USD8.45M).

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

CEO

Clay Williams (60 yo)

11.4yrs

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
Chairman11.4yrsUS$12.98m0.28%
$ 20.2m
Jose Bayardo
Senior VP & CFO8.8yrsUS$4.73m0.10%
$ 7.3m
Joseph Rovig
President of Energy Equipmentno dataUS$3.47m0.054%
$ 4.0m
Christy Novak
VP, Corporate Controller & Chief Accounting Officer2.5yrsno data0.011%
$ 774.5k
David Reid
Chief Marketing Officer & CTO4.1yrsno datano data
Alex Philips
Chief Information Officer8.8yrsno datano data
Bonnie Houston
Chief Administrative Officer7.2yrsno datano data
Amie D'Ambrosio
Director of Investor Relationsno datano datano data
Craig Weinstock
Senior VP9.6yrsUS$2.49m0.051%
$ 3.7m
Mike Loucaides
Chief Health2.1yrsno datano data
Scott Livingston
President of Energy Products & Services6.3yrsno data0.013%
$ 977.8k
Brigitte Hunt
VP, Assistant General Counsel & Assistant Secretaryno datano datano data

7.2yrs

Average Tenure

56yo

Average Age

Experienced Management: NOV's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Clay Williams
Chairman10.5yrsUS$12.98m0.28%
$ 20.2m
Ben Guill
Independent Director25.3yrsUS$287.50k0.030%
$ 2.2m
David Harrison
Independent Director20.8yrsUS$290.00k0.021%
$ 1.5m
Gregory Armstrong
Lead Independent Director19.2yrsUS$302.50k0.019%
$ 1.4m
Eric Mattson
Independent Director19.2yrsUS$292.50k0.0096%
$ 707.7k
Patricia Melcher
Independent Directorless than a yearno data0.000030%
$ 2.2k
Marcela Donadio
Independent Director10.1yrsUS$310.00k0.013%
$ 955.1k
William Thomas
Independent Director8.5yrsUS$298.75k0.012%
$ 848.6k
Patricia Martinez
Independent Directorless than a yearno datano data
Robert Welborn
Independent Director2.6yrsUS$297.50k0%
$ 0

10.3yrs

Average Tenure

66.5yo

Average Age

Experienced Board: NOV's board of directors are seasoned and experienced ( 10.3 years average tenure).

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