NOV Inc. (NOV)

NYSE: NOV · Real-Time Price · USD
16.26
+0.27 (1.69%)
At close: Nov 20, 2024, 4:00 PM
16.24
-0.02 (-0.12%)
Pre-market: Nov 21, 2024, 5:01 AM EST
1.69%
Market Cap 6.33B
Revenue (ttm) 8.91B
Net Income (ttm) 1.07B
Shares Out 389.08M
EPS (ttm) 2.70
PE Ratio 6.03
Forward PE 11.77
Dividend $0.30 (1.85%)
Ex-Dividend Date Sep 13, 2024
Volume 2,280,535
Open 16.00
Previous Close 15.99
Day's Range 15.99 - 16.26
52-Week Range 14.99 - 21.23
Beta 1.67
Analysts Buy
Price Target 20.77 (+27.74%)
Earnings Date Oct 24, 2024

About NOV

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, dow... [Read more]

Sector Energy
IPO Date Oct 28, 1996
Employees 33,676
Stock Exchange NYSE
Ticker Symbol NOV
Full Company Profile

Financial Performance

In 2023, NOV Inc.'s revenue was $8.58 billion, an increase of 18.60% compared to the previous year's $7.24 billion. Earnings were $993.00 million, an increase of 540.65%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for NOV stock is "Buy." The 12-month stock price forecast is $20.77, which is an increase of 27.74% from the latest price.

Price Target
$20.77
(27.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NOV Declares Regular Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.075 per share of common stock, payable on December 20, 2024 ...

6 days ago - Business Wire

Venture Builder VC Launches NOV Supernova Accelerator to Drive Digital Transformation in Upstream Oil & Gas with Disruptive Startups

HOUSTON--(BUSINESS WIRE)-- #corporateinnovation--Venture Builder VC has announced the launch of the NOV Supernova Accelerator, a new program cohort in partnership with NOV Inc. (NYSE: NOV), a prominen...

8 days ago - Business Wire

These Analysts Lower Their Forecasts On NOV Following Q3 Results

NOV Inc. NOV posted weak results for the third quarter, after the closing bell on Thursday.

23 days ago - Benzinga

NOV Inc. (NOV) Q3 2024 Earnings Call Transcript

NOV Inc. (NYSE:NOV) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director of Investor Relations Clay Williams - President and Chief Executive O...

26 days ago - Seeking Alpha

NOV Reports Third Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--NOV Reports Q3 2024 Results.

27 days ago - Business Wire

14 energy stocks whose ample cash flow might benefit shareholders

Favored names expected to continue gushing cash include Devon, Halliburton and Schlumberger.

7 weeks ago - Market Watch

NOV Announces Third Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--NOV Announces Q3 2024 Earnings Conference Call.

2 months ago - Business Wire

NOV Inc. (NOV) Q2 2024 Earnings Call Transcript

NOV Inc. (NYSE:NOV) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director, Investor Relations Clay Williams - Chairman, President and CEO Jose Bay...

4 months ago - Seeking Alpha

NOV Reports Second Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--NOV Reports Q2 2024 Results.

4 months ago - Business Wire

6 Stocks That Have Come Too Far, Too Fast

The small-cap rally saw shares of some companies rise more than fundamentals suggest they should have.

Other symbols: BJRICOOPCUBIMXLSAH
4 months ago - Barrons

NOV: A Top Oil And Gas Services Pick Under Quiet Accumulation

NOV Inc. is still suffering from the lingering effects of the 2020 oil/gas bust, with investors shunning the stock, and operating results only slowly improving. Using financial ratio analysis, shares ...

4 months ago - Seeking Alpha

NOV Announces Second Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--NOV Announces Q2 2024 Earnings Conference Call.

5 months ago - Business Wire

NOV Announces 50 Percent Increase in Regular Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--NOV Announces 50 Percent Increase in Regular Quarterly Dividend.

6 months ago - Business Wire

NOV Inc. (NOV) Q1 2024 Earnings Call Transcript

NOV Inc. (NYSE:NOV) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Amie D'Ambrosio - Director, IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and ...

7 months ago - Seeking Alpha

NOV Reports First Quarter 2024 Results, Return of Capital Framework, $1 Billion Share Repurchase Authorization, and Plan to Increase Dividend 50%

HOUSTON--(BUSINESS WIRE)--NOV Reports Q1 2024 Results and Return of Capital Framework.

7 months ago - Business Wire

Bullish on NOV

NOV (NOV) is today's morning trade for beginner, intermediate, and advanced options traders. Alan Knuckman demonstrates an example trade using NOV.

7 months ago - Schwab Network

Arcosa, Inc. Announces Completion of Ameron Acquisition

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our,”), a provider of infrastructure-related products and solutions, today announced that it has completed the pre...

Other symbols: ACA
8 months ago - Business Wire

NOV Announces First Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--NOV Announces Q1 2024 Earnings Conference Call.

8 months ago - Business Wire

Arcosa Announces Agreement to Acquire Ameron Pole Products from NOV Inc.

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our,”), a provider of infrastructure-related products and solutions, today announced that it has entered into a de...

Other symbols: ACA
9 months ago - Business Wire

NOV Announces Opening of Regional Headquarters in Dammam, Saudi Arabia

DAMMAM, Saudi Arabia--(BUSINESS WIRE)--NOV Announces Opening of Regional Headquarters in Dammam, Saudi Arabia.

9 months ago - Business Wire

NOV Inc. (NOV) Q4 2023 Earnings Call Transcript

NOV Inc. (NOV) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

NOV Reports Fourth Quarter and Full Year 2023 Earnings

HOUSTON--(BUSINESS WIRE)--NOV Reports Fourth Quarter and Full Year 2023 Earnings.

10 months ago - Business Wire

NOV Inc. (NOV) Q3 2023 Earnings Call Transcript

NOV Inc. (NOV) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

NOV Reports Third Quarter 2023 Earnings

HOUSTON--(BUSINESS WIRE)--NOV Reports Q3 2023 Earnings.

1 year ago - Business Wire

NOV Announces Third Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--NOV Announces Q3 2023 Earnings Conference Call.

1 year ago - Business Wire