Skip to main content

National Oilwell Varco, Inc. (NOV)

NYSE: NOV · IEX Real-Time Price · USD
15.00
+0.01 (0.07%)
After-hours:Oct 15, 2021 7:57 PM EDT
14.99
0.37 (2.53%)
At close: Oct 15, 4:00 PM
Market Cap5.88B
Revenue (ttm)5.38B
Net Income (ttm)-543.00M
Shares Out386.00M
EPS (ttm)-1.42
PE Ration/a
Forward PE55.25
Dividendn/a
Ex-Dividend Daten/a
Volume2,727,930
Open14.87
Previous Close14.62
Day's Range14.76 - 15.10
52-Week Range7.70 - 18.02
Beta2.26
AnalystsBuy
Price Target16.97 (+13.2%)
Est. Earnings DateOct 26, 2021

About NOV

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for use in oil and gas drilling and production, and industrial and renewable energy sectors worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The company offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimiz...

IndustryEnergy Equipment & Services
IPO DateOct 28, 1996
CEOClay Williams
Employees27,631
Stock ExchangeNYSE
Ticker SymbolNOV
Full Company Profile

Financial Performance

In 2020, NOV's revenue was $6.09 billion, a decrease of -28.18% compared to the previous year's $8.48 billion. Losses were -$2.54 billion, -58.29% less than in 2019.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for NOV stock is "Buy." The 12-month stock price forecast is 16.97, which is an increase of 13.21% from the latest price.

Price Target
$16.97
(13.21% upside)
Analyst Consensus: Buy

News

Trading energy's big rally

Crude crosses the $80 mark for the first time since November 2014. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Brian Kelly, Pete Najarian and Nadine Terman.

Other symbols:FANGXLEXOP
1 week ago - CNBC Television

Is There A Better Alternative To Halliburton Stock In Oil Field Services Market?

The shares of National Oilwell Varco currently trade at 45% below pre-Covid levels as observed in January 2020 while the shares of its competitor Halliburton have almost recovered. Does that make NOV st...

Other symbols:HAL
1 week ago - Forbes

NOV Announces Chief Accounting Officer Retirement and Appointment

HOUSTON--(BUSINESS WIRE)--NOV Announces Chief Accounting Officer Retirement and Appointment

2 weeks ago - Business Wire

Do Fundamentals Favor National Oilwell Varco Stock?

The shares of National Oilwell Varco currently trade at 50% below pre-Covid levels observed in January 2020 while the shares of its competitor Schlumberger (NYSE: SLB) remain 30% lower. Does that make N...

3 weeks ago - Forbes

Match Group, Ceridian HCM and Brown & Brown Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 to ensure each index is more representative o...

1 month ago - PRNewsWire

Nov Inc. (NOV) Down 3.7% Since Last Earnings Report: Can It Rebound?

Nov Inc. (NOV) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

NOV Inks Deal to Offer Two Self-Propelled Wind Turbine Vessels

NOV is supplying new heavy-lift cranes to Cadeler's current O-Class vessels Wind Orca and Wind Osprey to upgrade the fleet's capability of managing the next-generation turbines.

Other symbols:CLRDVNMTDR
1 month ago - Zacks Investment Research

NOV Announces Contract to Design and Equip Two Offshore Wind Installation Vessels for Cadeler

HOUSTON--(BUSINESS WIRE)--NOV Announces Contract to Design and Equip Two Offshore Wind Installation Vessels for Cadeler

1 month ago - Business Wire

NOV Announces Third Quarter 2021 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--NOV Announces Q3 2021 Earnings Conference Call

1 month ago - Business Wire

NOV's Loss Narrower Than Expected in Q2, Revenues Surpass

NOV's Completion & Production Solutions' backlog for capital equipment orders totals $1 billion at the end of Q2 consisting of $462 million of new orders.

Other symbols:CLRDVNMTDR
2 months ago - Zacks Investment Research

Nov Inc. (NOV) Reports Q2 Loss, Tops Revenue Estimates

Nov Inc. (NOV) delivered earnings and revenue surprises of 69.23% and 3.42%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

NOV Reports Second Quarter 2021 Results

HOUSTON--(BUSINESS WIRE)--NOV Reports Second Quarter 2021 Results

2 months ago - Business Wire

Things You Must Consider Ahead of NOV's Q2 Earnings Report

Logistical hurdles from coronavirus-induced constraints in Southeast Asia and delays in certain projects affect NOV's Rig Technologies, and the Completion & Production Solutions units in Q2.

2 months ago - Zacks Investment Research

Analysts Estimate Nov Inc. (NOV) to Report a Decline in Earnings: What to Look Out for

Nov Inc. (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Expecting Quick Gains In National Oilwell Varco Stock?

The shares of National Oilwell Varco have trended downward in recent weeks despite strong gains observed in benchmark prices. The U.S. rig count numbers remain 43% below pre-Covid levels and the EIA exp...

3 months ago - Forbes

Why Is Nov Inc. (NOV) Up 8% Since Last Earnings Report?

Nov Inc. (NOV) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

NOV Announces Second Quarter 2021 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--NOV Announces Q2 2021 Earnings Conference Call

4 months ago - Business Wire

Energy Stocks Follow Oil Lower on Crude Inventory Build

Some of the top losers of the S&P 500 yesterday are energy-related names NOV Inc. (NOV), APA Corporation (APA), Devon Energy (DVN), Pioneer Natural Resources (PXD), Schlumberger (SLB) and Halliburton (H...

Other symbols:APACVXDVNHALPXDSLB
4 months ago - Zacks Investment Research

This Sector Dominated the Stock Market Wednesday (No, It Wasn't Tech)

It's a relatively small part of the overall market now, but favorable tailwinds helped push it higher.

5 months ago - The Motley Fool

Why NOV Stock Rallied as Much as 11% Today

Shares of the energy services and supplies company took off after its quarterly results, even though they were rough reading.

5 months ago - The Motley Fool

NOV Posts Wider-Than-Expected Q1 Loss on Weather Disruptions

NOV's Completion & Production Solutions' backlog for capital equipment orders totals $810 million at the end of Q1 consisting of $338 million of new orders.

5 months ago - Zacks Investment Research

Nov Inc. (NOV) Reports Q1 Loss, Tops Revenue Estimates

Nov Inc. (NOV) delivered earnings and revenue surprises of -21.74% and 1.56%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

NOV Reports First Quarter 2021 Results

HOUSTON--(BUSINESS WIRE)--NOV Reports First Quarter 2021 Results

5 months ago - Business Wire

Things You Must Consider Ahead of NOV's Q1 Earnings Report

Logistical hurdles from coronavirus-induced restrictions in Southeast Asia and delays in certain projects affect NOV's Rig Technologies unit and the Completion & Production Solutions unit in Q1.

Other symbols:BKRBPHLX
5 months ago - Zacks Investment Research

Earnings Preview: Nov Inc. (NOV) Q1 Earnings Expected to Decline

Nov Inc. (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research