AllAnalyst Report
logoArgusMay 05, 2021

NOV Inc.: Reaffirming HOLD following 1Q21 results

Symbols
NOV
Sector(s)
Energy
Rating
Current Price
$18.75
Price Target
Earnings Estimate
Summary

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

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Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.