About National Oilwell Varco
National Oilwell Varco, Inc. (NOV) is engaged in providing design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations. The Company operates through four segments: Rig Systems, which makes and supports the capital equipment and integrated systems needed to drill oil and gas wells on land and offshore; Rig Aftermarket, which provides aftermarket products and services to support land and offshore rigs, and drilling rig components manufactured by the Company's Rig Systems segment; Wellbore Technologies, which sells and rents solids control equipment, and provides solids control, waste management and drilling fluids services, and Completion & Production Solutions, which provides technologies for well completions and oil and gas production. The Company also provides oilfield services to the upstream oil and gas industry. The Company conducts operations in approximately 830 locations across the world.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Equipment & Services
- Sub-Industry: Oil & Gas Equipment & Services
- Exchange: NYSE
- Symbol: NOV
- CUSIP: 63707110
- Previous Close: $39.31
- 50 Day Moving Average: $38.38
- 200 Day Moving Average: $35.94
- 52-Week Range: $376,000,000.00 - $26.86
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 45.71
- P/E Growth: 18.79
- Market Cap: $14.78B
- Outstanding Shares: 376,000,000
- Beta: 1.05
- Net Margins: -33.26%
- Return on Equity: -2.08%
- Return on Assets: -1.40%
Companies Related to National Oilwell Varco:
- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 2.58%
- Quick Ratio: 1.49%
What is National Oilwell Varco's stock symbol?
National Oilwell Varco trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOV."
How often does National Oilwell Varco pay dividends? What is the dividend yield for National Oilwell Varco?
National Oilwell Varco announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Friday, December 2nd will be given a dividend of $0.05 per share on Friday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Wednesday, November 30th.
Where is National Oilwell Varco's stock going? Where will National Oilwell Varco's stock price be in 2017?
28 brokerages have issued 12-month price targets for National Oilwell Varco's shares. Their predictions range from $28.00 to $52.00. On average, they anticipate National Oilwell Varco's stock price to reach $36.30 in the next year.
When will National Oilwell Varco announce their earnings?
National Oilwell Varco is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about National Oilwell Varco stock?
Here are some recent quotes from research analysts about National Oilwell Varco stock:
According to Zacks Investment Research, "Following National Oilwell Varco's solid Q4 results, we are taking a bullish stance on the company. Aggressive cost reduction and improved efficiencies helped the energy equipment maker come out with narrower-than-expected loss. Importantly, NOV reported a sequential increase in sales as OPEC's production cut decision helped oil stabilize within a range above $50 per barrel. While maintaining its excellent track record of earnings surprise history of 3 beats in the last 4 quarters, NOV has outperformed the Zacks categorized 'Oil Field machineries & Equipment' industry and returned a neat gain of 46% during that period. We further believe that the drilling equipment maker’s large installed base of worldwide rigs provide for a steady recurring revenue stream. Consequently, we think NOV offers upside potential from current levels and label it as an attractive investment." (2/10/2017)
- Jefferies Group LLC analysts commented, "Our NOV outlook remains anchored in our global activity framework and we leave our estimates largely unchanged following results/guidance. We recognize we could be too conservative, including that capital "catch-up"/ upgrade spending could be stronger than activity (rig count) recovery. Yet arguably we capture some of that upside potential for shares as we shift part of our valuation framework to Normalized from 2018E and lift our PT to $36. Maintain Hold." (2/8/2017)
Who owns National Oilwell Varco stock?
National Oilwell Varco's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (5.89%), Vulcan Value Partners LLC (4.33%), FMR LLC (1.77%), Prudential PLC (1.06%), Dimensional Fund Advisors LP (0.95%) and O Shaughnessy Asset Management LLC (0.44%). Company insiders that own National Oilwell Varco stock include David D Harrison, Greg L Armstrong, Roger L Jarvis and Scott K Duff.
Who sold National Oilwell Varco stock? Who is selling National Oilwell Varco stock?
National Oilwell Varco's stock was sold by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, FMR LLC, Renaissance Technologies LLC, O Shaughnessy Asset Management LLC, Aberdeen Asset Management PLC UK, Guggenheim Capital LLC, Federated Investors Inc. PA and Allianz Asset Management AG.
Who bought National Oilwell Varco stock? Who is buying National Oilwell Varco stock?
National Oilwell Varco's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Asset Management One Co. Ltd., Tide Point Capital Management LP, Prudential PLC, Glenview Trust Co, Russell Investments Group Ltd., Flinton Capital Management LLC and Tyers Asset Management LLC.
How do I buy National Oilwell Varco stock?
Shares of National Oilwell Varco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of National Oilwell Varco stock cost?
One share of National Oilwell Varco stock can currently be purchased for approximately $39.31.