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NOV

NOV - National Oilwell Varco Inc Stock Price, Fair Value and News

18.15USD+0.04 (+0.22%)Market Closed

Market Summary

NOV
USD18.15+0.04
Market Closed
0.22%

NOV Stock Price

View Fullscreen

NOV RSI Chart

NOV Valuation

Market Cap

7.2B

Price/Earnings (Trailing)

7.27

Price/Sales (Trailing)

0.82

EV/EBITDA

8.22

Price/Free Cashflow

-256.37

NOV Price/Sales (Trailing)

NOV Profitability

Operating Margin

21.42%

EBT Margin

7.20%

Return on Equity

15.8%

Return on Assets

8.73%

Free Cashflow Yield

-0.39%

NOV Fundamentals

NOV Revenue

Revenue (TTM)

8.8B

Rev. Growth (Yr)

9.84%

Rev. Growth (Qtr)

-8.02%

NOV Earnings

Earnings (TTM)

987.0M

Earnings Growth (Yr)

-5.56%

Earnings Growth (Qtr)

-80.07%

Breaking Down NOV Revenue

Last 7 days

1.9%

Last 30 days

-4.7%

Last 90 days

-5.3%

Trailing 12 Months

16.5%

How does NOV drawdown profile look like?

NOV Financial Health

Current Ratio

2.5

Debt/Equity

0.28

Debt/Cashflow

0.15

NOV Investor Care

Dividend Yield

1.1%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

2.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.8B000
20237.7B8.0B8.3B8.6B
20225.8B6.1B6.7B7.2B
20215.5B5.4B5.3B5.5B
20208.4B7.8B7.0B6.1B
20198.6B8.6B8.6B8.5B
20187.4B7.7B8.0B8.5B
20176.8B6.8B7.0B7.3B
201612.1B9.9B8.3B7.3B
201521.4B20.0B17.7B14.8B
201419.7B20.3B21.0B21.4B
201317.6B18.1B18.6B19.2B
201215.5B16.2B16.7B17.2B
201112.3B12.8B13.6B14.7B
201012.3B12.2B12.1B12.2B
200914.2B13.9B13.4B12.7B
2008011.0B12.2B13.4B
20070009.8B
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Tracking the Latest Insider Buys and Sells of National Oilwell Varco Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 15, 2024
donadio marcela e
acquired
-
-
9,550
-
May 15, 2024
guill ben a
acquired
-
-
9,550
-
May 15, 2024
harrison david d
acquired
-
-
9,550
-
May 15, 2024
mattson eric l
acquired
-
-
9,550
-
May 15, 2024
martinez patricia
acquired
-
-
19,100
-
May 15, 2024
welborn robert s.
acquired
-
-
19,100
-
May 15, 2024
melcher patricia b
acquired
-
-
9,550
-
May 15, 2024
thomas william r.
acquired
-
-
9,550
-
May 15, 2024
armstrong greg l
acquired
-
-
9,550
-
Feb 23, 2024
weinstock craig l.
sold (taxes)
-44,160
17.23
-2,563
sr. vp. & gen. counsel

1–10 of 50

Which funds bought or sold NOV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-6.1
-5,403
32,135
-%
May 28, 2024
Boston Partners
new
-
119,686,000
119,686,000
0.14%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-103,000
2,625,000
0.02%
May 24, 2024
Cetera Investment Advisers
new
-
234,087
234,087
-%
May 22, 2024
Livelsberger Financial Advisory
sold off
-100
-589
-
-%
May 16, 2024
FSA Wealth Management LLC
added
0.46
251
4,251
-%
May 16, 2024
Dynasty Wealth Management, LLC
new
-
320,259
320,259
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-56.72
-3,036,410
2,167,950
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.15
-738,278
7,746,080
0.01%
May 16, 2024
COMERICA BANK
added
1.73
-69,799
3,288,300
0.01%

1–10 of 43

Are Funds Buying or Selling NOV?

Are funds buying NOV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NOV
No. of Funds

Unveiling National Oilwell Varco Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
hotchkis & wiley capital management llc
5.62%
22,123,795
SC 13G
Feb 13, 2024
vanguard group inc
9.95%
39,182,530
SC 13G/A
Feb 09, 2024
pzena investment management llc
8.0%
31,371,893
SC 13G
Feb 09, 2024
fmr llc
-
0
SC 13G
Feb 09, 2024
first eagle investment management, llc
9.31%
36,658,180
SC 13G/A
Jan 24, 2024
blackrock inc.
9.6%
37,942,193
SC 13G/A
Feb 14, 2023
hotchkis & wiley capital management llc
4.42%
17,357,305
SC 13G/A
Feb 10, 2023
vanguard group inc
10.00%
39,285,890
SC 13G/A
Feb 09, 2023
first eagle investment management, llc
9.46%
37,173,025
SC 13G/A
Feb 09, 2023
vanguard group inc
9.96%
39,115,992
SC 13G/A

Recent SEC filings of National Oilwell Varco Inc

View All Filings
Date Filed Form Type Document
May 31, 2024
SD
SD
May 16, 2024
8-K
Current Report
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading

Peers (Alternatives to National Oilwell Varco Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
63.5B
-
-8.50% -6.95%
14.64
16.71
-86.47% 12.21%
29.2B
23.1B
-13.14% 1.04%
11.23
1.26
6.71% 32.21%
10.6B
8.1B
-6.98% 67.39%
49.88
1.3
18.75% 572.06%
MID-CAP
7.2B
8.8B
-4.72% 16.48%
7.27
0.82
14.70% 198.19%
5.9B
3.7B
-9.31% 10.07%
16.3
1.59
-4.02% 100.20%
3.3B
4.6B
-14.99% 46.51%
7.04
0.73
-1.29% -16.22%
3.0B
1.0B
-7.28% 89.86%
23.12
2.9
17.17% 118.50%
SMALL-CAP
1.4B
2.3B
-0.88% 35.27%
6.07
0.63
2.36% 83.72%
681.3M
-
1.27% -19.23%
28.73
1.36
- -
610.3M
443.5M
-8.05% -24.84%
-28.13
1.38
19.98% -325.36%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
286.7M
701.7M
9.54% -9.58%
10.27
0.41
0.29% 69.75%

National Oilwell Varco Inc News

Latest updates
Yahoo Finance UK12 Jun 202401:40 pm
Yahoo Finance29 May 202407:00 am
Yahoo Finance23 May 202407:00 am
The Motley Fool3 years ago
Houston Chronicle 4 years ago

National Oilwell Varco Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-8.0%2,155,000,0002,343,000,0002,185,000,0002,093,000,0001,962,000,0002,073,000,0001,889,000,0001,727,000,0001,548,000,0001,517,000,0001,341,000,0001,417,000,0001,249,000,0001,327,000,0001,384,000,0001,496,000,0001,883,000,0002,281,000,0002,126,000,0002,132,000,0001,940,000,000
Cost Of Revenue-8.1%1,697,000,0001,846,000,0001,717,000,0001,636,000,0001,551,000,0001,630,000,0001,521,000,0001,418,000,0001,334,000,0001,315,000,0001,156,000,0001,186,000,0001,093,000,0001,393,000,0001,245,000,0001,359,000,0001,659,000,0001,905,000,0001,975,000,0002,070,000,0001,684,000,000
Gross Profit-7.8%458,000,000497,000,000468,000,000457,000,000411,000,000443,000,000368,000,000309,000,000214,000,000202,000,000185,000,000231,000,000156,000,000-66,000,000139,000,000137,000,000224,000,000376,000,000151,000,00062,000,000256,000,000
  S&GA Expenses-11.9%296,000,000336,000,000285,000,000276,000,000285,000,000281,000,000313,000,000241,000,000235,000,000217,000,000228,000,000219,000,000244,000,000235,000,000213,000,000237,000,000283,000,000289,000,000293,000,000417,000,000304,000,000
EBITDA Margin0.6%0.120.120.120.110.100.090.070.050.040.03-0.03-0.03-0.05-0.38-0.34-0.32-----
Interest Expenses4.3%24,000,00023,000,00023,000,00021,000,00021,000,00021,000,00019,000,00019,000,00019,000,00019,000,00019,000,00019,000,00020,000,00019,000,00021,000,00022,000,00022,000,00025,000,00025,000,00025,000,00025,000,000
Income Taxes109.6%44,000,000-460,000,00048,000,00019,000,00020,000,00042,000,00029,000,000-2,000,00014,000,00014,000,0005,000,0002,000,000-6,000,00022,000,000-61,000,000-47,000,000-156,000,000-46,000,00060,000,000-373,000,000-10,000,000
Earnings Before Taxes22.2%165,000,000135,000,000156,000,000176,000,000145,000,000141,000,00064,000,00068,000,000-35,000,000-29,000,000-60,000,000-21,000,000-120,000,000-326,000,000-114,000,000-134,000,000-2,205,000,000-431,000,000-189,000,000-5,757,000,000-85,000,000
EBT Margin1.0%0.070.070.070.070.050.030.01-0.01-0.02-0.04-0.10-0.11-0.13-0.46-0.41-0.38-----
Net Income-80.1%119,000,000597,000,000114,000,000157,000,000126,000,000103,000,00032,000,00070,000,000-49,000,000-42,000,000-69,000,000-23,000,000-114,000,000-349,000,000-55,000,000-87,000,000-2,049,000,000-385,000,000-244,000,000-5,384,000,000-75,000,000
Net Income Margin-2.9%0.110.120.060.050.040.020.00-0.01-0.03-0.04-0.10-0.10-0.11-0.42-0.37-0.36-----
Free Cashflow-148.8%-147,000,000301,000,000-34,000,000-148,000,000-259,000,00088,000,000-165,000,000-167,000,000-149,000,000-28,000,00066,000,000128,000,000-76,000,000133,000,000274,000,000322,000,000-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.1%11,30511,29410,49810,44610,17710,1359,7619,7009,5539,5509,5679,6019,6729,92910,16810,44710,69013,14914,00514,34920,002
  Current Assets-2.6%5,6885,8405,6585,6105,4225,4935,1795,0934,9494,9024,9394,9084,9965,2095,3765,5905,9026,1136,5156,7666,938
    Cash Equivalents-42.6%4688165135927741,0699981,2181,4061,5911,6681,5721,6071,6921,4851,4471,1151,1711,3131,1211,270
  Inventory5.9%2,2782,1512,2772,1992,0361,8131,7551,5911,4401,3311,3251,3221,3571,4081,7451,9292,0322,1972,5372,8583,131
  Net PPE0.7%1,8781,8651,8431,8391,8141,7811,7571,7611,8061,8231,8251,8711,8941,9271,9942,0102,0032,3542,3612,3562,605
  Goodwill2.6%1,6021,5621,5561,5491,5491,5051,5051,4981,5251,5271,4951,4951,4951,4931,4931,4931,5152,8073,2363,2066,292
Liabilities-1.3%4,9845,0524,9314,9494,8695,0014,8314,7284,5434,4864,4894,4234,5224,6504,6284,9145,1365,3035,8765,8626,162
  Current Liabilities-6.7%2,2722,4352,3692,3852,3082,4372,2472,1711,9791,9101,8531,8101,9341,8671,8841,9542,1632,2472,2762,2212,103
  Long Term Debt3.0%1,7641,7121,7161,7151,7191,7171,7201,7141,7091,7081,7041,6861,6691,8341,8242,0292,0021,9892,4842,4832,483
    LT Debt, Current238.5%44.0013.0013.0013.0013.0013.0010.0010.005.005.00--182--------
    LT Debt, Non Current3.0%1,7641,7121,7161,7151,7191,7171,7201,7141,7091,7081,7041,6861,6691,8341,8242,0292,0021,9892,4842,4832,483
Shareholder's Equity1.3%6,2466,1685,5215,4975,3085,1344,9304,9725,0105,0645,0785,1785,1505,2795,5405,5335,5527,8468,1298,48713,840
  Retained Earnings8.6%-1,056-1,155-1,734-1,828-1,963-2,069-2,154-2,166-2,216-2,146-2,086-2,017-1,991-1,876-1,529-1,474-1,3816901,0941,3586,766
  Additional Paid-In Capital0.1%8,8188,8128,7938,7738,7568,7548,7188,7008,6908,6858,6378,6188,5988,5918,5678,5438,5188,5078,4838,4418,408
Shares Outstanding0.4%396394394394392393389390387386386386385384384385-----
Minority Interest1.4%75.0074.0046.0063.0065.0038.0062.0063.0064.0067.0068.0070.0069.0069.0075.0073.0068.0068.0072.0076.0075.00
Float----6,300---6,600---4,700---4,200---7,600-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-120.7%-78.0037740.00-72.00-202154-106-124-10336.00105177-27.0018632337839.00473352-73.00-38.00
  Share Based Compensation11.8%19.0017.0017.0017.0015.0017.0017.00--19.00-----------
Cashflow From Investing-279.3%-311-82.00-83.00-76.00-52.00-65.00-84.00-40.00-49.00-94.00-13.00-38.00-51.0016.00-49.00-58.00-53.00-47.00-112-49.00-107
Cashflow From Financing1333.3%43.003.00-33.00-32.00-41.00-24.00-20.00-16.00-36.00-17.0010.00-179-3.00-3.00-22916.00-43.00-574-34.00-19.00-20.00
  Dividend Payments5.3%20.0019.0020.0020.0020.0019.0020.0019.0020.00-------19.0019.0020.0019.0019.00
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NOV Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 2,155$ 1,962
Cost of revenue1,6971,551
Gross profit458411
Selling, general and administrative296285
Operating profit162126
Interest and financial costs(24)(21)
Interest income88
Equity income in unconsolidated affiliates2948
Other expense, net(10)(16)
Net income before income taxes165145
Provision for income taxes4420
Net income121125
Net income (loss) attributable to noncontrolling interests2(1)
Net income attributable to Company$ 119$ 126
Net income attributable to Company per share:  
Basic$ 0.3$ 0.32
Diluted0.30.32
Cash dividends per share$ 0.05$ 0.05
Weighted average shares outstanding:  
Basic394392
Diluted397396

NOV Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 468$ 816
Receivables, net1,8671,905
Inventories, net2,2782,151
Contract assets814739
Prepaid and other current assets261229
Total current assets5,6885,840
Property, plant and equipment, net1,8781,865
Lease right-of-use assets, operating381372
Lease right-of-use assets, financing176172
Deferred income taxes484488
Goodwill1,6021,562
Intangibles, net508450
Investment in unconsolidated affiliates247211
Other assets341334
Total assets11,30511,294
Current liabilities:  
Accounts payable823904
Accrued liabilities767870
Contract liabilities533532
Current portion of lease liabilities9994
Current portion of long-term debt4413
Accrued income taxes622
Total current liabilities2,2722,435
Long-term debt1,7641,712
Lease liabilities564558
Deferred income taxes9270
Other liabilities292277
Total liabilities4,9845,052
Commitments and contingencies
Stockholders’ equity:  
Common stock - par value $.01; 1 billion shares authorized; 395,503,573 and 393,945,659 shares issued and outstanding at March 31, 2024 and December 31, 202344
Additional paid-in capital8,8188,812
Accumulated other comprehensive loss(1,520)(1,493)
Retained deficit(1,056)(1,155)
Total Company stockholders' equity6,2466,168
Noncontrolling interests7574
Total stockholders’ equity6,3216,242
Total liabilities and stockholders’ equity$ 11,305$ 11,294
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 worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company 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, it 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.
 CEO
 WEBSITEnov.com
 INDUSTRYOil - Services
 EMPLOYEES32307

National Oilwell Varco Inc Frequently Asked Questions


What is the ticker symbol for National Oilwell Varco Inc? What does NOV stand for in stocks?

NOV is the stock ticker symbol of National Oilwell Varco Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National Oilwell Varco Inc (NOV)?

As of Tue Jun 18 2024, market cap of National Oilwell Varco Inc is 7.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NOV stock?

You can check NOV's fair value in chart for subscribers.

What is the fair value of NOV stock?

You can check NOV's fair value in chart for subscribers. The fair value of National Oilwell Varco Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National Oilwell Varco Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NOV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National Oilwell Varco Inc a good stock to buy?

The fair value guage provides a quick view whether NOV is over valued or under valued. Whether National Oilwell Varco Inc is cheap or expensive depends on the assumptions which impact National Oilwell Varco Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NOV.

What is National Oilwell Varco Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 18 2024, NOV's PE ratio (Price to Earnings) is 7.27 and Price to Sales (PS) ratio is 0.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NOV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on National Oilwell Varco Inc's stock?

In the past 10 years, National Oilwell Varco Inc has provided -0.128 (multiply by 100 for percentage) rate of return.