National Oilwell Varco Company Profile (NYSE:NOV)

About National Oilwell Varco

National Oilwell Varco logoNational 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
Key Metrics:
  • Previous Close: $35.20
  • 50 Day Moving Average: $33.32
  • 200 Day Moving Average: $32.02
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -92.63
  • P/E Growth: 8.56
  • Market Cap: $13.29B
  • Outstanding Shares: 377,631,000
  • Beta: 1.66
Additional Links:
Companies Related to National Oilwell Varco:

Analyst Ratings

Consensus Ratings for National Oilwell Varco (NYSE:NOV) (?)
Ratings Breakdown: 5 Sell Ratings, 19 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.03)
Consensus Price Target: $34.44 (2.16% downside)

Analysts' Ratings History for National Oilwell Varco (NYSE:NOV)
DateFirmActionRatingPrice TargetDetails
8/19/2016Seaport Global SecuritiesReiterated RatingNeutralView Rating Details
8/16/2016NomuraSet Price TargetHold$29.00View Rating Details
8/1/2016Jefferies GroupReiterated RatingNeutral -> Hold$32.00View Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingSell$23.00View Rating Details
7/29/2016BMO Capital MarketsReiterated RatingSell$25.00View Rating Details
7/29/2016Johnson RiceUpgradeHold -> AccumulateView Rating Details
7/5/2016Goldman Sachs Group Inc.Reiterated RatingNeutralView Rating Details
6/15/2016ScotiabankReiterated RatingSector Perform$32.00 -> $37.00View Rating Details
6/15/2016Howard WeilBoost Price TargetSector Perform$32.00 -> $37.00View Rating Details
6/13/2016Bank of America Corp.Reiterated RatingUnderperformView Rating Details
5/16/2016ArgusReiterated RatingHoldView Rating Details
5/5/2016FBR & CoLower Price TargetOutperform$55.00 -> $44.00View Rating Details
5/4/2016Societe GeneraleDowngradeHold -> Sell$31.00View Rating Details
5/1/2016KLR GroupReiterated RatingBuy$52.00View Rating Details
4/29/2016Royal Bank Of CanadaBoost Price TargetSector Perform$30.00 -> $35.00View Rating Details
4/29/2016Cowen and CompanyBoost Price TargetMarket Perform$25.00 -> $28.00View Rating Details
4/27/2016Morgan StanleyUpgradeUnderweight -> Overweight$39.00 -> $45.00View Rating Details
4/20/2016Barclays PLCDowngradeOverweight -> Equal Weight$33.00View Rating Details
4/12/2016Robert W. BairdReiterated RatingNeutral$29.00 -> $28.00View Rating Details
3/9/2016SusquehannaBoost Price TargetNeutral$27.00 -> $30.00View Rating Details
2/4/2016Raymond James Financial Inc.Lower Price TargetOutperform$37.00 -> $31.00View Rating Details
2/4/2016JPMorgan Chase & Co.Lower Price TargetNeutral$35.00 -> $32.00View Rating Details
2/4/2016Iberia CapitalLower Price TargetSector Perform$35.00 -> $25.00View Rating Details
2/4/2016Citigroup Inc.Lower Price TargetNeutral$32.00 -> $30.00View Rating Details
1/25/2016Tudor PickeringDowngradeAccumulate -> HoldView Rating Details
1/11/2016Oppenheimer Holdings Inc.Initiated CoverageMarket PerformView Rating Details
12/30/2015KeyCorpReiterated RatingOverweight$50.00View Rating Details
12/18/2015William BlairDowngradeOutperform -> Market PerformView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$44.00View Rating Details
10/29/2015Evercore ISILower Price Target$37.00View Rating Details
9/3/2015HSBCLower Price TargetReduce$38.00 -> $34.00View Rating Details
4/29/2015Sterne Agee CRTDowngradeUnderperform -> Underweight$55.00 -> $49.00View Rating Details
3/17/2015GMP SecuritiesInitiated CoverageHoldView Rating Details
2/4/2015S&P Equity ResearchReiterated RatingHoldView Rating Details
10/2/2014Standpoint ResearchUpgradeHold -> Buy$90.00View Rating Details
9/24/2014Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
(Data available from 8/25/2014 forward)


Earnings History for National Oilwell Varco (NYSE:NOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016Q216($0.32)($0.30)$1.80 billion$1.72 billionViewListenView Earnings Details
4/28/2016Q116($0.10)($0.06)$335.85 million$2.19 billionViewListenView Earnings Details
2/3/2016Q415$0.44$0.23$3.12 billion$2.72 billionViewListenView Earnings Details
10/28/2015Q315$0.56$0.61$3.51 billion$3.31 billionViewListenView Earnings Details
7/28/2015Q215$0.64$0.77$3.91 billion$3.90 billionViewListenView Earnings Details
4/28/2015Q115$1.09$1.14$4.86 billion$4.82 billionViewListenView Earnings Details
2/3/2015Q414$1.60$1.69$5.71 billion$5.71 billionViewListenView Earnings Details
10/30/2014Q314$1.53$1.76$5.48 billion$5.59 billionViewListenView Earnings Details
7/29/2014Q214$1.44$1.61$5.51 billion$5.26 billionViewListenView Earnings Details
4/28/2014Q114$1.39$1.40$5.80 billion$5.78 billionViewListenView Earnings Details
1/31/2014Q413$1.39$1.56$5.86 billion$6.17 billionViewListenView Earnings Details
10/25/2013Q313$1.32$1.34$5.68 billion$5.69 billionViewListenView Earnings Details
7/30/2013Q2 2013$1.33$1.33$5.42 billion$5.60 billionViewListenView Earnings Details
4/26/2013Q1 2013$1.37$1.29$5.38 billion$5.31 billionViewListenView Earnings Details
2/1/2013Q4 2012$1.45$1.44$5.31 billion$5.30 billionViewListenView Earnings Details
10/25/2012$1.51$1.52ViewN/AView Earnings Details
7/26/2012$1.39$1.46ViewN/AView Earnings Details
4/25/2012$1.39$1.44ViewN/AView Earnings Details
2/2/2012$1.30$1.37ViewN/AView Earnings Details
10/25/2011$1.16$1.26ViewN/AView Earnings Details
4/27/2011$1.00$1.00ViewN/AView Earnings Details
2/3/2011$0.96$1.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for National Oilwell Varco (NYSE:NOV)
Current Year EPS Consensus Estimate: $-0.92 EPS
Next Year EPS Consensus Estimate: $-0.38 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201612($0.20)$0.41$0.06
Q2 20168($0.39)$0.28($0.23)
Q3 20168($0.42)$0.30($0.20)
Q4 20168($0.38)$0.31($0.17)
Q1 20176($0.33)$0.33($0.15)
Q2 20176($0.27)$0.40($0.06)
Q3 20176($0.21)$0.47$0.02
Q4 20176($0.11)$0.51$0.08
(Data provided by Zacks Investment Research)


Current Dividend Information for National Oilwell Varco (NYSE:NOV)
Annual Dividend:$0.20
Dividend Yield:0.57%
Payout Ratio:-4.40% (Based on Trailing 12 Months of Earnings)
-21.74% (Based on Current Year Consensus EPS Estimate)
-52.63% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:55.40% (3 Year Average)

Dividend History for National Oilwell Varco (NYSE:NOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for National Oilwell Varco (NYSE:NOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016Scott K. DuffVPSell3,181$33.40$106,245.40View SEC Filing  
11/9/2015David D. HarrisonDirectorSell16,352$38.79$634,294.08View SEC Filing  
4/30/2015Greg L ArmstrongDirectorSell5,736$54.50$312,612.00View SEC Filing  
4/29/2015Roger L JarvisDirectorSell5,900$52.90$312,110.00View SEC Filing  
12/29/2014David D HarrisonDirectorSell5,500$66.99$368,445.00View SEC Filing  
11/22/2013Merrill Miller, Jr.CEOSell195,000$83.45$16,272,750.00View SEC Filing  
4/30/2013David D HarrisonDirectorBuy1,106$65.12$72,022.72View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for National Oilwell Varco (NYSE:NOV)
DateHeadline logoDon't Expect GE to Buy National Oilwell Varco (NYSE:NOV) - August 25 at 6:27 PM logoMomentum Stocks: SLM (SLM), The Chemours (CC), National Oilwell Varco (NOV) - iStreetWire (NYSE:NOV) - August 25 at 11:34 AM
News IconWhich way National Oilwell Varco, Inc. (NYSE:NOV) earnings may go - The Voice Registrar (NYSE:NOV) - August 25 at 11:34 AM
News IconNational Oilwell Varco, Inc. (NYSE:NOV) from Oil & Gas Equipment & Services – Todays Top Gains (NYSE:NOV) - August 24 at 6:12 PM logoAn Overview of National Oilwell Varco’s Indebtedness (NYSE:NOV) - August 24 at 9:36 AM logoHow Is National Oilwell Varco’s Order Backlog Looking? (NYSE:NOV) - August 23 at 6:40 PM logoSmarTrend Watching for Potential Rebound in Shares of National Oilwell Varco After 2.15% Loss (NYSE:NOV) - August 23 at 10:53 AM
News IconAnalysts Valuations For Two Stocks: Invesco Ltd. (NYSE:IVZ), National-Oilwell Varco, Inc. (NYSE:NOV) - The Voice Registrar (NYSE:NOV) - August 22 at 6:27 PM logoWill the Rig Count Affect National Oilwell Varco in 3Q16? (NYSE:NOV) - August 22 at 6:26 PM
News IconNotable Stocks in the Spotlight: Liberty Interactive Corp (NASDAQ:QVCA), National-Oilwell Varco, Inc. (NYSE:NOV) - NYSE Journal (press release) (NYSE:NOV) - August 22 at 11:04 AM logoAn Acquisition Is The Last Thing National Oilwell Varco Needs (NYSE:NOV) - August 21 at 5:47 PM logoIs National Oilwell Varco's Share Price Bullish? - Market Realist (NYSE:NOV) - August 21 at 10:36 AM logoNational Oilwell Varco, Inc. (NYSE:NOV) Reports Accounts Payable Of $434 (NYSE:NOV) - August 20 at 6:09 PM logoCan It Get Any Worse For National Oilwell Varco? (NYSE:NOV) - August 20 at 6:09 PM logoExplaining National Oilwell Varco's Historical Valuation - Market Realist (NYSE:NOV) - August 20 at 10:34 AM logoCovered Call reports for Apple, Canadian Solar,... (NYSE:NOV) - August 19 at 6:25 PM logoExplaining National Oilwell Varco’s Historical Valuation (NYSE:NOV) - August 19 at 6:25 PM logoWhat Are the Growth Prospects for National Oilwell Varco in 3Q16? (NYSE:NOV) - August 19 at 6:25 PM logoWarren Buffett Is Selling These 5 Stocks (NYSE:NOV) - August 19 at 9:33 AM logoNational Oilwell-Varco Makes a Lot of Sense for General Electric - (NYSE:NOV) - August 18 at 6:39 PM logoNational Oilwell Varco Declares Regular Quarterly Dividend (NYSE:NOV) - August 18 at 9:34 AM
News IconTop Gainers of the Day: National Oilwell Varco, Inc. (NYSE:NOV) from Oil & Gas Equipment & Services (NYSE:NOV) - August 16 at 6:38 PM logoNational Oilwell-Varco Makes a Lot of Sense for General Electric (NYSE:NOV) - August 16 at 6:38 PM logoHow Was Marcellus Shale Natural Gas Production in July? (NYSE:NOV) - August 16 at 6:38 PM logoSmarTrend Watching for Potential Pullback in Shares of National Oilwell Varco After 4.17% Gain (NYSE:NOV) - August 15 at 6:47 PM logoNational Oilwell Varco: Keep An Eye On This One (NYSE:NOV) - August 15 at 6:47 PM logoMy 2 Biggest Investing Mistakes (NYSE:NOV) - August 15 at 6:47 PM logoNational Oilwell Varco (NOV) at the money calls active - (NYSE:NOV) - August 11 at 9:41 AM logoNational Oilwell options activity surges on M&A speculation (NYSE:NOV) - August 10 at 6:56 PM logoNATIONAL OILWELL VARCO INC Financials (NYSE:NOV) - August 10 at 6:56 PM logoNational Oilwell Options Volume Jumps as It Considers Deals (NYSE:NOV) - August 10 at 6:56 PM logoNational Oilwell Options Activity Jumps as It Considers Deals (NYSE:NOV) - August 10 at 6:56 PM logoLarge Inflow of Money Detected in National Oilwell Varco (NYSE:NOV) - August 10 at 9:35 AM logoNational Oilwell Varco Reaches Analyst Target Price - Forbes - Forbes (NYSE:NOV) - August 9 at 6:45 PM logoNational Oilwell Varco Inc. (NOV) Pops 3.15% for August 08 (NYSE:NOV) - August 9 at 9:38 AM
News IconIs National Oilwell Varco, Inc. (NYSE:NOV), a large market cap stock a smart buy? (NYSE:NOV) - August 9 at 9:38 AM logoNational Oilwell Varco Reaches Analyst Target Price (NYSE:NOV) - August 9 at 9:38 AM logoNational Oilwell Varco, Inc. breached its 50 day moving average in a Bullish Manner : NOV-US : August 9, 2016 (NYSE:NOV) - August 9 at 9:38 AM logoStocks Buzz: National Oilwell Varco, Inc. (NOV) Hemispherx Biopharma, Inc. (HEB) Amyris, Inc. (AMRS) - iStreetWire (NYSE:NOV) - August 8 at 6:40 PM logoETF’s with exposure to National Oilwell Varco, Inc. : August 8, 2016 (NYSE:NOV) - August 8 at 6:40 PM logoPrivate Harbour Investment Management Counsel Lowers stake in National-Oilwell Varco (NOV) - Trade Calls (NYSE:NOV) - August 6 at 9:18 AM logoNational Oilwell Varco Inc.: National Oilwell Varco Announces Third Quarter Earnings Conference Call (NYSE:NOV) - August 5 at 6:41 PM
News IconLeading stocks in today’s market: National Oilwell Varco, Inc. (NYSE:NOV) (NYSE:NOV) - August 5 at 6:41 PM logoReviewing an Ongoing Loss in Potash Corporation (NYSE:NOV) - August 5 at 6:41 PM logoNational Oilwell Varco Announces Third Quarter Earnings Conference Call (NYSE:NOV) - August 5 at 6:41 PM
News IconUpdate on National Oilwell Varco, Inc. (NYSE:NOV) for the day (NYSE:NOV) - August 5 at 9:34 AM logoNational Oilwell Varco: The Good, The Bad, The Ugly (NYSE:NOV) - August 5 at 9:34 AM logoStocks on Trader's Radar: National Oilwell Varco (NOV), Under ... - iStreetWire (NYSE:NOV) - August 4 at 6:52 PM logoTo Sell or Not to Sell National Oilwell Varco? (NYSE:NOV) - August 4 at 6:52 PM logoEdited Transcript of NOV earnings conference call or presentation 28-Jul-16 1:00pm GMT (NYSE:NOV) - August 4 at 6:52 PM


National Oilwell Varco (NYSE:NOV) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by Staff