NYSE - Delayed Quote USD

NOV Inc. (NOV)

18.87 -0.08 (-0.42%)
At close: April 26 at 4:00 PM EDT
18.89 +0.02 (+0.11%)
After hours: April 26 at 7:47 PM EDT
Key Events
Loading Chart for NOV
DELL
  • Previous Close 18.95
  • Open 19.01
  • Bid 18.88 x 2200
  • Ask 19.25 x 1300
  • Day's Range 18.25 - 19.81
  • 52 Week Range 14.05 - 21.91
  • Volume 7,825,914
  • Avg. Volume 4,584,093
  • Market Cap (intraday) 7.463B
  • Beta (5Y Monthly) 1.76
  • PE Ratio (TTM) 7.55
  • EPS (TTM) 2.50
  • Earnings Date Jul 24, 2024 - Jul 29, 2024
  • Forward Dividend & Yield 0.20 (1.06%)
  • Ex-Dividend Date Mar 13, 2024
  • 1y Target Est 24.09

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. It also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, the company provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. 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.

www.nov.com

33,676

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News: NOV

Performance Overview: NOV

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

NOV
6.69%
S&P 500
6.92%

1-Year Return

NOV
4.91%
S&P 500
25.26%

3-Year Return

NOV
46.05%
S&P 500
22.00%

5-Year Return

NOV
25.74%
S&P 500
74.29%

Compare To: NOV

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Statistics: NOV

Valuation Measures

Annual
As of 4/27/2024
  • Market Cap

    7.46B

  • Enterprise Value

    9.02B

  • Trailing P/E

    7.55

  • Forward P/E

    12.38

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.87

  • Price/Book (mrq)

    1.21

  • Enterprise Value/Revenue

    1.05

  • Enterprise Value/EBITDA

    9.01

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    11.23%

  • Return on Assets (ttm)

    4.29%

  • Return on Equity (ttm)

    16.87%

  • Revenue (ttm)

    8.78B

  • Net Income Avi to Common (ttm)

    986M

  • Diluted EPS (ttm)

    2.50

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    468M

  • Total Debt/Equity (mrq)

    39.09%

  • Levered Free Cash Flow (ttm)

    -142.62M

Research Analysis: NOV

Analyst Price Targets

17.00
24.09 Average
18.87 Current
31.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: NOV

Fair Value

18.87 Current
 

Dividend Score

0 Low
NOV
Sector Avg.
100 High
 

Hiring Score

0 Low
NOV
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
NOV
Sector Avg.
100 High
 

Research Reports: NOV

  • Analyst Report: NOV Inc.

    NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.

    Rating
    Price Target
     
  • Analyst Report: NOV Inc.

    NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.

    Rating
    Price Target
     
  • Analyst Report: NOV Inc

    NOV Inc. is the result of the acquisition by National Oilwell of Varco International in 2005. The company designs, manufactures, and sells major mechanical components and integrated systems for both land-based and offshore drilling rigs. It manufactures complete land drilling and well-servicing rigs, the largest line of lifting and handling equipment in the industry, a broad offering of downhole drilling motors, and specialized drilling tools. The company was founded in 1862 and is based in Houston.

    Rating
    Price Target
     
  • Market Digest: NLY, ADI, CLX, ECL, F, MO, NOV, NVDA, ROK, PANW, OTIS

    Bumps in the Soft Landing

     

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