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NOV

22.55USD+0.30(+1.35%)Market Closed

National Oilwell Varco Inc

Market Summary

USD22.55+0.30Market Closed
1.35%

NOV Alerts

NOV Stock Price

RSI Chart

Valuation

Market Cap

8.5B

Price/Earnings

770.61

Price/Sales

1.27

Price/Cashflow

-28.54

MarketCap/EBT

124.66

Price/Sales

Profitability

Operating Margin

16.36%

EBT Margin

1.02%

Return on Equity

0.22%

Return on Assets

0.11%

Fundamentals

Revenue

Revenue (TTM)

6.7B

Revenue Y/Y

40.87%

Revenue Q/Q

9.38%

Earnings

Earnings (TTM)

11.0M

Earnings Y/Y

146.38%

Earnings Q/Q

-53.62%

Price Action

52 Week Range

11.7224.25
(Low)(High)

Last 7 days

1.5%

Last 30 days

3.3%

Last 90 days

27.3%

Trailing 12 Months

85.9%

Financial Health

Current Ratio

2.3

Debt/Equity

0.35

Debt/Cashflow

-0.17

Investor Care

Dividend Yield

0.93%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

1.17%

Diluted EPS (TTM)

0.02

Peers (Alternatives to National Oilwell Varco)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
461.4B
403.2B
1.03% 86.39%
11.85
1.26
63.10% 978.98%
350.5B
216.0B
2.20% 62.89%
12.07
1.62
81.00% 709.79%
71.5B
26.4B
3.23% 81.27%
24.03
2.71
18.89% 79.99%
66.9B
36.8B
-4.06% 131.58%
6.09
1.96
69.86% 4049.24%
32.5B
19.0B
8.61% 78.01%
18.68
1.71
33.23% 337.19%
MID-CAP
8.5B
6.7B
3.25% 85.86%
770.61
1.27
25.25% 101.97%
5.7B
3.6B
8.41% 49.17%
43.34
1.55
23.09% 69.11%
5.2B
2.1B
7.71% 140.51%
-44.07
2.93
68.96% 102.13%
4.5B
6.5B
22.65% 118.85%
-20.14
0.7
-21.39% -273.94%
2.6B
2.6B
16.07% 43.49%
-4.04
1.01
-1.33% -43.90%
SMALL-CAP
789.7M
343.2M
-0.08% 26.01%
-12.59
2.3
3.28% 17.27%
360.2M
696.6M
3.66% 35.73%
-11.15
0.52
26.83% 48.63%
331.8M
770.0M
19.24% 42.51%
-17.11
0.47
36.30% 16.81%
151.0M
657.4M
17.39% 74.80%
-4.85
0.24
29.95% 96.81%
21.6M
17.8M
6.41% 10.67%
29.56
1.34
62.85% 175.25%

Financials for National Oilwell Varco

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue8.9%6,6816,1335,8235,5245,334
Gross Profit20.1%1,093910832774506
  S&GA Expenses9.2%1,006921899908926
Earnings Before Taxes221.4%68-56.00-145.00-230.00-527.00
Net Income112.2%11-90.00-185.00-250.00-557.00
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.6%9,7619,7009,5539,5509,567
  Current Assets1.7%5,1795,0934,9494,9024,939
    Cash Equivalents-18.1%9981,2181,4061,5911,668
  Inventory10.3%1,7551,5911,4401,3311,325
  Net PPE-0.2%1,7571,7611,8061,8231,825
  Goodwill0.5%1,5051,4981,5251,5271,495
Liabilities2.2%4,8314,7284,5434,4864,489
  Current Liabilities3.5%2,2472,1711,9791,9101,853
  Long Term Debt0.3%1,7301,7241,7141,713-
    LT Debt, Current0%101055-
    LT Debt, Non Current0.4%1,7201,7141,7091,7081,704
Shareholder's Equity0.4%4,9304,9094,9464,9975,010
  Retained Earnings0.6%-2,154.00-2,166.00-2,216.00-2,146.00-2,086.00
  Additional Paid-In Capital0.1%8,7008,6908,6858,637-
Accumulated Depreciation-3,132----
Shares Outstanding0.0%393393393393388
Minority Interest-1.6%6263646768
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-245.3%-297.00-86.00215291441
  Share Based Compensation-11.4%7888
Cashflow From Investing-36.2%-267.00-196.00-194.00-196.00-86.00
Cashflow From Financing-50.8%-89.00-59.00-222.00-189.00-175.00
  Dividend Payments-2.5%788020

Risks

What is the probability of a big loss on NOV?

88.8%


Probability that National Oilwell Varco stock will be more than 20% underwater in next one year

79.6%


Probability that National Oilwell Varco stock will be more than 30% underwater in next one year.

44.2%


Probability that National Oilwell Varco stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NOV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if National Oilwell Varco was unfortunately bought at previous high price.

Returns

Cumulative Returns on NOV

-8.4%


10-Year Cumulative Returns

-6.0%


7-Year Cumulative Returns

-7.4%


5-Year Cumulative Returns

1.2%


3-Year Cumulative Returns

What are the long-term rolling returns for NOV?

FIve years rolling returns for National Oilwell Varco.

Which funds bought or sold NOV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
188,000
188,000
0.19%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
911,000
911,000
0.01%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-
2,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.33
-565,000
8,066,000
0.01%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
REDUCED
-6.11
-312,000
2,756,000
0.53%
2022-11-17
M&T Bank Corp
ADDED
42.12
198,000
653,000
-%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-
11,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
23.99
46,000
290,000
-%
2022-11-16
Retirement Systems of Alabama
REDUCED
-0.62
-429,000
8,321,000
0.04%
2022-11-16
CoreFirst Bank & Trust
UNCHANGED
-
-6,000
140,000
0.12%

1–10 of 45

Latest Funds Activity

Are funds buying NOV calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NOV

National Oilwell Varco News

ShareCast

US close: Stocks fall after Beige Book, Netflix surprise.45 days ago

NOV Fair Value

National Oilwell Varco fair value in different scenarios

The table shows the Fair Value estimates for National Oilwell Varco for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.90

-87.14%

3.23

-85.68%

3.79

-83.19%

4.34

-80.75%

5.75

-74.50%

Current Inflation

2.90

-87.14%

3.20

-85.81%

3.73

-83.46%

4.24

-81.20%

5.53

-75.48%

Very High Inflation

2.89

-87.18%

3.17

-85.94%

3.65

-83.81%

4.11

-81.77%

5.26

-76.67%

Historical National Oilwell Varco Fair Value Estimates


Recent SEC filings of National Oilwell Varco

View All Filings
Date Filed Form Type Document
Nov 10, 2022
SC 13G/A
Major Ownership Report
Nov 07, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Oct 28, 2022
8-K
Current Report
Oct 28, 2022
10-Q
Quarterly Report
Oct 03, 2022
4
Insider Trading
Sep 01, 2022
4
Insider Trading
Aug 30, 2022
4
Insider Trading

Latest Insider Trading transactions for NOV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-04
Novak Christy Lynn
SOLD
-106,011
23.1717
-4,575
VP, Corp. Controller, CAO
2022-11-01
Joseph Isaac H.
SOLD
-56,925
22.77
-2,500
See Remarks
2022-09-30
HACKETT JAMES T
ACQUIRED
32,489.4
16.18
2,008
-
2022-09-01
HARRISON DAVID D
SOLD
-52,941.3
17.012
-3,112
-
2022-08-29
ARMSTRONG GREG L
SOLD
-197,142
18.9907
-10,381
-
2022-06-30
HACKETT JAMES T
ACQUIRED
32,484.1
16.91
1,921
-
2022-05-25
MATTSON ERIC L
SOLD
-188,034
19.15
-9,819
-
2022-05-24
Welborn Robert S.
ACQUIRED
-
-
8,473
-
2022-05-24
HARRISON DAVID D
ACQUIRED
-
-
8,473
-
2022-05-24
GUILL BEN A
ACQUIRED
-
-
8,473
-

1–10 of 50

Clay C. Williams
27000
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 also 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 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. It also 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. NOV Inc. 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.

NOV Income Statement

2022-09-30
Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 1,889$ 1,341$ 5,164$ 4,007
Cost of revenue1,5211,1564,2733,435
Gross profit368185891572
Selling, general and administrative313228789691
Operating income (loss)55(43)102(119)
Interest and financial costs(19)(19)(57)(58)
Interest income63127
Equity income (loss) in unconsolidated affiliates12(2)32(6)
Other income (expense), net1018(25)
Net income (loss) before income taxes64(60)97(201)
Provision for income taxes295411
Net income (loss)35(65)56(202)
Net income attributable to noncontrolling interests3458
Net income (loss) attributable to Company$ 32$ (69)$ 51$ (210)
Net income (loss) attributable to Company per share:    
Basic$ 0.08$ (0.18)$ 0.13$ (0.54)
Diluted0.08$ (0.18)0.13$ (0.54)
Cash dividends per share$ 0.05 $ 0.15 
Weighted average shares outstanding:    
Basic391387389386
Diluted393387393386

NOV Balance Sheet

2022-09-30
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 998$ 1,591
Receivables, net1,6231,321
Inventories, net1,7551,331
Contract assets591461
Prepaid and other current assets212198
Total current assets5,1794,902
Property, plant and equipment, net1,7571,823
Lease right-of-use assets, operating345361
Lease right-of-use assets, financing170176
Goodwill1,5051,527
Intangibles, net501503
Investment in unconsolidated affiliates8250
Other assets222208
Total assets9,7619,550
Current liabilities:  
Accounts payable774612
Accrued liabilities904778
Contract liabilities431392
Current portion of lease liabilities8599
Current portion of long-term debt105
Accrued income taxes4324
Total current liabilities2,2471,910
Lease liabilities546576
Long-term debt1,7201,708
Deferred income taxes5166
Other liabilities267226
Total liabilities4,8314,486
Commitments and contingencies
Stockholders’ equity:  
Common stock - par value $.01; 1 billion shares authorized; 392,803,236 and 392,673,077 shares issued and outstanding at September 30, 2022 and December 31, 202144
Additional paid-in capital8,7188,685
Accumulated other comprehensive loss(1,700)(1,546)
Retained deficit(2,154)(2,146)
Total Company stockholders' equity4,8684,997
Noncontrolling interests6267
Total stockholders’ equity4,9305,064
Total liabilities and stockholders’ equity$ 9,761$ 9,550