NOV Inc.

NOV Inc.

NOV · NYSE · Energy / Oil & Gas Equipment & Services

18.09USD+0.29 (+1.63%)

Price History

Full chart

Market Stats

Previous Close17.80
Open18.01
Day Range17.75 – 18.12
52-Week Range12.02 – 21.84
Volume2.55M
Market Cap7.08B
P/E (TTM)73.56
Forward P/E15.60
EPS0.27
Dividend Yield1.81%
Beta0.94
50-Day Avg20.45
200-Day Avg19.30

About

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 in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures. Its Energy Equipment segment provides drilling equipment, such as land rigs, complete offshore drilling packages, and rig components; capital equipment, related consumables, and digital products for hydraulic stimulation, coiled tubing, and wireline services; marine and construction solutions; processing solutions for the separation and treatment of oil, gas, solids, seawater, and produced water production; flexible subsea pipe systems; cavity pumps, specialized mixers and heat exchangers; and reciprocating, multistage, and progressive cavity pumps, midstream products, including closures, transfer pumps, chokes and valves, as well as artificial lift support systems that include production BOPs and stuffing boxes. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Jose A. Bayardo
  • Employees31.61K
  • Headquarters10353 Richmond Avenue, Houston, TX, United States, 77042-4103, USA
  • Websitehttps://www.nov.com

Leadership

  • Mr. Jose A. BayardoPresident, CEO & Chairman · b. 1972
  • Mr. Rodney C. ReedSenior VP & CFO · b. 1981
  • Mr. Craig L. Weinstock J.D.Senior VP, General Counsel & Secretary · b. 1959
  • Mr. Joseph W. RovigPresident of Energy Equipment · b. 1961
  • Ms. Christy H. NovakVP, Corporate Controller & Chief Accounting Officer · b. 1973
  • Mr. David ReidChief Marketing Officer & CTO
  • Mr. Alex PhilipsChief Information Officer
  • Ms. Bonnie HoustonChief Administrative Officer
  • Amie D'AmbrosioDirector of Investor Relations
  • Mr. Mike LoucaidesChief Health, Safety, Security & Environmental Officer

Financials

Income Statement

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue648.60M1.10B1.45B839.65M1.15B1.75B1.52B2.00B2.32B4.64B7.03B9.79B13.43B12.71B12.16B14.66B17.19B19.22B21.44B14.76B7.25B7.30B8.45B8.48B6.09B5.52B7.24B8.58B8.87B8.74B
Growth (%)-+69.20%+32.06%-42.06%+36.95%+51.96%-12.90%+31.73%+15.62%+100.36%+51.27%+39.33%+37.21%-5.35%-4.37%+20.58%+17.30%+11.79%+11.54%-31.17%-50.86%+0.73%+15.73%+0.31%-28.18%-9.29%+31.01%+18.60%+3.34%-1.42%
Cost of Revenue553.80M865.30M1.10B686.51M849.74M1.32B1.16B1.54B1.81B3.66B5.27B6.96B9.36B8.93B8.32B10.16B12.15B14.12B15.63B11.69B7.35B6.41B7.01B7.63B5.66B4.75B5.90B6.75B6.86B6.98B
Gross Profit94.80M232.10M352.80M153.14M300.18M427.83M361.86M469.30M503.80M987.20M1.76B2.83B4.07B3.78B3.83B4.50B5.04B5.10B5.81B3.06B-101.00M892.00M1.44B845.00M434.00M774.00M1.33B1.83B2.01B1.77B
Gross Margin14.62%21.15%24.34%18.24%26.10%24.48%23.78%23.41%21.73%21.26%25.06%28.91%30.32%29.77%31.52%30.68%29.33%26.55%27.09%20.76%-1.39%12.21%17.08%9.97%7.13%14.01%18.43%21.36%22.66%20.21%
Operating Expense60.20M129.70M195.96M150.03M221.96M238.56M227.54M305.20M327.80M510.40M649.50M785.80M1.15B1.47B1.39B1.56B1.65B1.91B2.20B3.45B2.31B1.17B1.23B7.12B2.86B908.00M1.07B1.18B1.13B1.20B
Operating Income34.60M102.40M156.84M3.10M78.22M189.28M134.32M164.10M176.00M476.80M1.11B2.04B2.92B2.31B2.45B2.94B3.39B3.20B3.61B-390.00M-2.41B-277.00M211.00M-6.28B-2.42B-134.00M264.00M651.00M876.00M564.00M
Operating Margin5.33%9.33%10.82%0.37%6.80%10.83%8.83%8.18%7.59%10.27%15.81%20.88%21.73%18.21%20.13%20.04%19.71%16.64%16.85%-2.64%-33.25%-3.79%2.50%-74.05%-39.82%-2.43%3.65%7.58%9.88%6.45%
EBITDA60.40M117.80M177.36M28.64M113.26M228.15M159.37M203.30M1.80B621.90M1.27B2.26B3.43B2.75B2.95B3.52B4.00B3.97B4.38B261.00M-1.81B408.00M824.00M-5.83B-2.34B153.00M617.00M651.00M1.26B818.00M
EBITDA Margin9.31%10.73%12.24%3.41%9.85%13.06%10.47%10.14%77.82%13.39%18.10%23.07%25.54%21.64%24.30%23.99%23.29%20.67%20.42%1.77%-25.03%5.59%9.75%-68.75%-38.47%2.77%8.53%7.58%14.26%9.35%
Net Income200.00K54.20M81.34M-9.38M13.14M104.06M73.07M79.70M115.20M286.90M684.00M1.34B1.95B1.47B1.67B1.99B2.49B2.33B2.50B-769.00M-2.41B-237.00M-31.00M-6.09B-2.54B-250.00M155.00M993.00M635.00M145.00M
Net Income Margin0.03%4.94%5.61%-1.12%1.14%5.96%4.80%3.98%4.97%6.18%9.74%13.66%14.53%11.56%13.71%13.60%14.49%12.11%11.67%-5.21%-33.26%-3.24%-0.37%-71.88%-41.74%-4.53%2.14%11.57%7.16%1.66%
R&D-------------0000000000-------
R&D as % of Total Revenue-------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000000038.40M048.70M50.30M67.00M53.00M50.00M40.00M49.00M111.00M105.00M103.00M105.00M102.00M93.00M100.00M84.00M77.00M78.00M60.00M91.00M88.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.66%0.00%0.69%0.51%0.50%0.42%0.41%0.27%0.28%0.58%0.49%0.70%1.45%1.40%1.10%1.18%1.38%1.39%1.08%0.70%1.03%1.01%

Balance Sheet

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets266.70M567.50M818.00M782.30M1.28B1.47B1.97B2.24B2.60B6.68B9.02B12.11B21.48B21.53B23.05B25.52B31.48B34.81B33.56B26.73B21.14B20.21B19.80B13.15B9.93B9.55B10.13B11.29B11.36B11.29B
Total Liabilities157.60M289.80M431.20M387.20M511.69M604.16M1.03B1.14B1.28B2.46B3.96B5.39B8.76B7.30B7.19B7.79B11.13B12.48B12.79B10.27B7.14B6.05B5.91B5.30B4.65B4.49B5.00B5.05B4.93B4.97B
Total Equity109.10M277.70M386.80M395.10M767.21M867.54M933.36M1.09B1.30B4.22B5.02B6.66B12.63B14.11B15.75B17.62B20.24B22.23B20.69B16.38B13.93B14.16B13.89B7.78B5.21B5.00B5.10B6.17B6.38B6.27B
Cash4.30M19.80M11.40M12.40M42.46M43.22M118.34M74.22M142.70M209.40M957.40M1.84B1.54B2.62B3.33B3.54B3.32B3.44B3.54B2.08B1.41B1.44B1.43B1.17B1.69B1.59B1.07B816.00M1.23B1.55B
Total Debt36.40M62.90M213.00M196.00M222.48M310.21M594.64M608.89M500.00M841.30M840.30M890.70M873.90M883.00M887.00M510.00M3.15B3.15B3.17B3.91B3.21B2.71B2.71B2.78B2.56B2.39B2.37B2.38B2.39B2.34B
Net Debt32.10M43.10M201.60M183.60M180.02M266.99M476.30M534.67M357.30M631.90M-117.10M-951.10M-668.90M-1.74B-2.45B-3.02B-170.00M-286.00M-370.00M1.85B1.81B1.27B1.28B1.61B864.00M797.00M1.30B1.56B1.16B788.00M

Cash Flow

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.30M-800.00K37.50M84.50M26.61M-35.38M104.04M31.01M166.20M77.50M1.22B1.19B2.29B2.10B1.54B2.14B620.00M3.40B2.61B1.33B960.00M832.00M521.00M714.00M926.00M291.00M-179.00M143.00M1.30B1.24B
Investing Cash Flow--47.20M-148.80M-50.10M-64.54M-57.95M-225.32M-102.50M-6.00M38.00M-530.10M-574.90M-2.47B-552.00M-743.00M-1.46B-3.43B-2.96B-1.10B-514.00M-488.00M-245.00M-457.00M-315.00M-144.00M-196.00M-238.00M-293.00M-471.00M-362.00M
Financing Cash Flow114.90M60.10M103.20M-34.10M32.76M95.69M194.98M25.21M-95.30M-40.40M41.10M149.60M-74.00M-491.00M-102.00M-464.00M2.58B-305.00M-1.34B-2.16B-1.14B-595.00M-30.00M-647.00M-259.00M-189.00M-96.00M-103.00M-406.00M-584.00M
Capital Expenditure109.40M51.90M158.70M82.40M24.56M27.36M24.80M32.38M39.00M105.00M200.40M251.80M378.50M250.00M232.00M483.00M583.00M669.00M699.00M453.00M284.00M192.00M244.00M233.00M226.00M201.00M214.00M283.00M351.00M375.00M
Free Cash Flow-110.70M-52.70M-121.20M2.10M2.05M-62.73M79.24M-1.37M127.20M-27.50M1.02B936.20M1.92B1.84B1.31B1.66B37.00M2.73B1.92B879.00M676.00M640.00M277.00M481.00M700.00M90.00M-393.00M-140.00M953.00M864.00M
Dividends Paid------------112.70M460.00M172.00M191.00M209.00M389.00M703.00M710.00M230.00M76.00M76.00M77.00M19.00M20.00M78.00M79.00M108.00M190.00M
FCF to OCF8515.38%6587.50%-323.20%2.49%7.71%177.33%76.16%-4.41%76.53%-35.48%83.53%78.80%83.50%88.07%84.95%77.46%5.97%80.31%73.26%65.99%70.42%76.92%53.17%67.37%75.59%30.93%219.55%-97.90%73.08%69.73%
Dividend Paid to FCF------------5.88%24.93%13.13%11.51%564.86%14.26%36.71%80.77%34.02%11.88%27.44%16.01%2.71%22.22%-19.85%-56.43%11.33%21.99%

Earnings

Report DateFeb 6, 1997Apr 18, 1997Jul 17, 1997Oct 23, 1997Feb 2, 1998Apr 15, 1998Aug 11, 1998Oct 20, 1998Feb 4, 1999Apr 15, 1999Jul 27, 1999Oct 26, 1999Feb 10, 2000Apr 25, 2000Aug 1, 2000Oct 24, 2000Feb 8, 2001Apr 19, 2001Jul 24, 2001Oct 23, 2001Feb 12, 2002Apr 26, 2002Jul 24, 2002Oct 22, 2002Feb 12, 2003Apr 25, 2003Jul 25, 2003Oct 28, 2003Feb 12, 2004Apr 28, 2004Jul 30, 2004Oct 29, 2004Feb 25, 2005May 6, 2005Aug 5, 2005Oct 28, 2005Feb 24, 2006Apr 26, 2006Jul 27, 2006Oct 27, 2006Feb 6, 2007Apr 27, 2007Jul 25, 2007Oct 24, 2007Feb 6, 2008Apr 30, 2008Jul 29, 2008Oct 23, 2008Feb 4, 2009Apr 23, 2009Jul 28, 2009Oct 26, 2009Feb 3, 2010Apr 27, 2010Jul 29, 2010Oct 26, 2010Feb 3, 2011Apr 27, 2011Jul 26, 2011Oct 25, 2011Feb 2, 2012Apr 25, 2012Jul 26, 2012Oct 25, 2012Feb 1, 2013Apr 26, 2013Jul 30, 2013Oct 25, 2013Jan 31, 2014Apr 28, 2014Jul 29, 2014Oct 30, 2014Feb 3, 2015Apr 28, 2015Jul 28, 2015Oct 28, 2015Feb 3, 2016Apr 28, 2016Jul 28, 2016Oct 26, 2016Feb 6, 2017Apr 26, 2017Jul 27, 2017Oct 26, 2017Feb 5, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 6, 2019Apr 25, 2019Jul 29, 2019Oct 28, 2019Feb 6, 2020Apr 27, 2020Jul 27, 2020Oct 26, 2020Feb 4, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Feb 3, 2022Apr 28, 2022Jul 27, 2022Oct 27, 2022Feb 6, 2023Apr 26, 2023Jul 26, 2023Oct 26, 2023Feb 1, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Feb 4, 2025Apr 28, 2025Jul 28, 2025Oct 27, 2025Feb 4, 2026Apr 27, 2026Jul 28, 2026Oct 27, 2026
EPS Estimate0.080.070.090.130.160.180.210.210.160.080.02-0.030.030.030.070.110.130.150.180.170.140.120.110.110.120.140.130.140.140.130.160.180.210.210.270.310.320.360.440.530.660.790.991.041.091.131.301.331.080.870.790.770.860.930.900.951.001.011.171.301.391.391.511.441.371.331.321.391.391.451.541.601.070.640.550.45-0.11-0.33-0.28-0.29-0.20-0.14-0.08-0.04-0.050.020.120.08-0.11-0.060.120.150.10-0.14-0.10-0.12-0.23-0.12-0.09-0.03-0.060.050.170.240.220.290.360.400.270.350.370.360.250.300.240.250.150.160.24
EPS Actual0.120.080.110.170.210.210.230.200.150.040.01-0.010.020.030.040.080.120.130.160.180.180.130.110.110.110.120.120.140.150.070.130.160.210.210.210.250.320.360.420.500.680.780.901.021.051.111.201.351.441.130.900.950.961.100.970.971.051.001.141.261.351.441.421.521.561.291.331.341.561.401.471.621.690.760.770.610.23-0.06-0.30-0.34-0.15-0.17-0.14-0.07-0.04-0.210.060.000.05-0.200.020.18-1.010.13-0.060.02-0.29-0.28-0.03-0.12-0.08-0.130.160.080.190.200.290.291.600.240.330.330.410.190.340.23-0.520.110.31-
Surprise50.00%14.29%22.22%30.77%31.25%16.67%9.52%-4.76%-6.25%-50.00%-50.00%--33.33%0.00%33.33%14.29%9.09%0.00%6.67%0.00%5.88%-7.14%-8.33%0.00%0.00%0.00%-14.29%7.69%7.14%-50.00%0.00%0.00%16.67%0.00%0.00%-7.41%3.23%12.50%16.67%13.64%28.30%18.18%13.92%3.03%0.96%1.83%6.19%3.85%8.27%4.63%3.45%20.25%24.68%27.91%4.30%7.78%10.53%0.00%12.87%7.69%3.85%3.60%2.16%0.66%8.33%-5.84%0.00%1.52%12.23%0.72%1.38%5.19%5.63%-28.97%20.31%10.91%-48.89%45.45%9.09%-21.43%48.28%15.00%0.00%12.50%0.00%-320.00%200.00%-97.83%-37.50%-81.82%133.33%50.00%-773.33%30.00%57.14%120.00%-141.67%-21.74%75.00%-33.33%-166.67%-116.67%220.00%-52.94%-20.83%-9.09%0.00%-19.44%300.00%-11.11%-5.71%-10.81%13.89%-24.00%13.33%-4.17%-308.00%-26.67%93.75%-
Timing----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-------Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap7.08B
Enterprise Value8.39B
Trailing P/E73.56
Forward P/E15.60
PEG Ratio0.82
Price / Sales0.82
Price / Book1.17
EPS0.27
Book Value17.37
Revenue (TTM)8.64B
Gross Profit (TTM)1.87B
EBITDA986.00M
Profit Margin1.10%
Operating Margin7.17%
Return on Equity1.55%
Return on Assets3.45%
Shares Outstanding356.48M
Shares Float354.41M
Beta0.94
Dividend Yield1.81%
Dividend Rate0.36
Payout Ratio2.77%

Analyst Ratings

Buy
Based on 24 analystsTarget 22.24
  • Strong Buy
    5
  • Buy
    7
  • Hold
    9
  • Sell
    2
  • Strong Sell
    1

Ownership Breakdown

Institutions
108.42%
Insiders
0.73%
Retail / Other
0.00%

Top Institutional Holders

  • Arnhold & S. Bleichroeder Advisers, LLC
    61.37M17.22%
  • BlackRock Inc
    37.82M10.61%
  • Pzena Investment Management, LLC
    37.54M10.53%
  • Dimensional Fund Advisors, Inc.
    19.67M5.52%
  • Vanguard Portfolio Management, LLC
    18.75M5.26%
  • Vanguard Capital Management, LLC
    16.19M4.54%
  • Hotchkis & Wiley Capital Management LLC
    14.92M4.19%
  • State Street Corp
    12.39M3.48%
  • American Century Companies Inc
    10.37M2.91%
  • Geode Capital Management, LLC
    6.98M1.96%
  • T. Rowe Price Associates, Inc.
    6.92M1.94%
  • First Pacific Advisors, LP
    6.32M1.77%
  • AQR Capital Management LLC
    5.72M1.60%
  • Greenhaven Associates Inc
    5.62M1.58%

Top Fund Holders

  • First Eagle Global A
    21.76M6.10%
  • iShares Core S&P Mid-Cap ETF
    12.57M3.53%
  • Vanguard MStar Total Stk Mkt Idx Invest
    11.43M3.21%
  • Avantis US Small Cap Value ETF
    8.77M2.46%
  • Vanguard Small Cap Index
    8.26M2.32%
  • Vanguard Windsor II Inv
    7.47M2.10%

Dividends

20264×
0.09Sep 11, 20260.09Jun 12, 20260.09Jun 1, 20260.09Mar 13, 2026
20255×
0.07Dec 5, 20250.07Sep 12, 20250.07Jun 13, 20250.21Jun 2, 20250.07Mar 14, 2025
20244×
0.07Dec 6, 20240.07Sep 13, 20240.07Jun 14, 20240.05Mar 13, 2024
20234×
0.05Dec 7, 20230.05Sep 14, 20230.05Jun 15, 20230.05Mar 16, 2023
20224×
0.05Dec 8, 20220.05Sep 15, 20220.05Jun 9, 20220.05Mar 10, 2022
20211×
0.05Dec 2, 2021
20201×
0.05Mar 12, 2020
20191×
0.05Dec 5, 2019

Stock Splits

  • Jun 2, 20141109:1000
  • Oct 1, 20072:1
  • Nov 19, 19972:1