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: $33.89
  • 50 Day Moving Average: $34.04
  • 200 Day Moving Average: $32.67
  • 52-Week Range: $25.74 - $42.62
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -91.59
  • P/E Growth: 8.28
  • Market Cap: $12.80B
  • Outstanding Shares: 377,631,000
  • Beta: 1.59
Profitability:
  • Net Margins: -17.14%
  • Return on Equity: 1.83%
  • Return on Assets: 1.18%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 3.12%
  • Quick Ratio: 1.67%
Additional Links:
Companies Related to National Oilwell Varco:

Analyst Ratings

Consensus Ratings for National Oilwell Varco (NYSE:NOV) (?)
Ratings Breakdown: 4 Sell Ratings, 19 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: $34.75 (2.54% upside)

Analysts' Ratings History for National Oilwell Varco (NYSE:NOV)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Citigroup Inc.Boost Price TargetNeutral$36.00 -> $37.00View Rating Details
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
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
(Data available from 9/25/2014 forward)

Earnings

Earnings History for National Oilwell Varco (NYSE:NOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
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)

Estimates

Earnings Estimates for National Oilwell Varco (NYSE:NOV)
Current Year EPS Consensus Estimate: $-0.9 EPS
Next Year EPS Consensus Estimate: $-0.37 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 20169($0.38)$0.31($0.18)
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)

Dividends

Current Dividend Information for National Oilwell Varco (NYSE:NOV)
Annual Dividend:$0.20
Dividend Yield:0.59%
Dividend Growth:55.40% (3 Year Average)
Payout Ratio:-4.40% (Based on Trailing 12 Months of Earnings)
-22.22% (Based on Current Year Consensus EPS Estimate)
-54.05% (Based on Next Year Consensus EPS Estimate)
Track Record:7 Years of Consecutive Dividend Growth

Dividend History for National Oilwell Varco (NYSE:NOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/18/2016quarterly$0.059/14/20169/16/20169/30/2016
5/19/2016quarterly$0.056/8/20166/10/20166/24/2016
2/26/2016quarterly$0.463/9/20163/11/20163/25/2016
11/12/2015quarterly$0.4612/2/201512/4/201512/18/2015
8/13/2015quarterly$0.469/9/20159/11/20159/25/2015
5/14/2015quarterly$0.463.59%6/10/20156/12/20156/26/2015
2/27/2015quarterly$0.463.3%3/11/20153/13/20153/27/2015
11/13/2014quarterly$0.462.58%12/3/201412/5/201412/19/2014
8/14/2014quarterly$0.462.28%9/10/20149/12/20149/26/2014
5/15/2014quarterly$0.462.25%6/11/20146/13/20146/27/2014
2/27/2014quarterly$0.261.35%3/12/20143/14/20143/28/2014
11/14/2013quarterly$0.261.23%12/4/201312/6/201312/20/2013
8/15/2013quarterly$0.261.43%9/11/20139/13/20139/27/2013
5/20/2013quarterly$0.261.48%6/12/20136/14/20136/28/2013
2/21/2013quarterly$0.130.76%3/13/20133/15/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for National Oilwell Varco (NYSE:NOV)
Insider Ownership Percentage: 0.17%
Institutional Ownership Percentage: 94.11%
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)

Headlines

Latest Headlines for National Oilwell Varco (NYSE:NOV)
DateHeadline
News IconRemarkable Runner - National Oilwell Varco, Inc. (NYSE:NOV) - Hot ... - Hot Stocks Point (NYSE:NOV)
www.hotstockspoint.com - September 24 at 5:52 PM
News IconRobert W. Baird Trims National-Oilwell Varco Target Price to $42.00 (NOV) - Petro Global News 24 (NYSE:NOV)
petroglobalnews24.com - September 22 at 6:05 PM
forbes.com logoWednesday Sector Leaders: Energy, Utilities (NYSE:NOV)
www.forbes.com - September 21 at 3:19 PM
News IconIs National Oilwell Varco a Buy? (NYSE:NOV)
www.investorguide.com - September 20 at 11:41 AM
News IconHigh Market Cap Stock of the Day – National Oilwell Varco, Inc. (NYSE:NOV) (NYSE:NOV)
twincountynews.com - September 19 at 6:26 PM
seekingalpha.com logoNational Oilwell Varco: More Upside Ahead (NYSE:NOV)
seekingalpha.com - September 19 at 10:56 AM
seekingalpha.com logoNational Oilwell Varco: More Upside Ahead - Seeking Alpha - Seeking Alpha (NYSE:NOV)
seekingalpha.com - September 18 at 10:43 AM
realistinvestor.com logoNational Oilwell Varco, Inc. (NYSE:NOV) Accounts Payable Is $434 - RealistInvestor.com (NYSE:NOV)
www.realistinvestor.com - September 17 at 5:59 PM
marketrealist.com logoAnalyzing Helmerich & Payne’s Dividend and Dividend Yield (NYSE:NOV)
marketrealist.com - September 15 at 6:29 PM
nasdaq.com logoNational Oilwell Varco, Inc. (NOV) Ex-Dividend Date Scheduled for September 14, 2016 - Nasdaq (NYSE:NOV)
www.nasdaq.com - September 14 at 6:32 PM
thestreet.com logoWhy National Oilwell Varco Could Be a Buy - TheStreet - TheStreet.com (NYSE:NOV)
www.thestreet.com - September 14 at 6:32 PM
nasdaq.com logoNational Oilwell Varco, Inc. (NOV) Ex-Dividend Date Scheduled for September 14 ... (NYSE:NOV)
www.nasdaq.com - September 14 at 10:42 AM
bizjournals.com logoNational Oilwell Varco to consolidate Houston facilities, cut jobs - Houston Business Journal (NYSE:NOV)
www.bizjournals.com - September 13 at 11:15 AM
marketrealist.com logoBHI’s Balance Sheet, Growth Prospects Satisfy Dividend Concerns (NYSE:NOV)
marketrealist.com - September 13 at 11:15 AM
bizjournals.com logoNational Oilwell Varco to consolidate Houston facilities, cut jobs (NYSE:NOV)
www.bizjournals.com - September 12 at 6:07 PM
nasdaq.com logoNOV Ex-Dividend Reminder (NYSE:NOV)
www.nasdaq.com - September 12 at 11:02 AM
capitalcube.com logoNational Oilwell Varco, Inc. breached its 50 day moving average in a Bearish Manner : NOV-US : September 12, 2016 (NYSE:NOV)
www.capitalcube.com - September 12 at 11:02 AM
seekingalpha.com logoNational Oilwell Varco: Wait For $50 Oil (NYSE:NOV)
seekingalpha.com - September 9 at 6:05 PM
News IconAnalysts Valuations For Two Stocks: National-Oilwell Varco, Inc. (NYSE:NOV), Danaher Corporation (NYSE:DHR) - The Voice Registrar (NYSE:NOV)
voiceregistrar.com - September 9 at 11:06 AM
marketrealist.com logoA Look at Halliburton’s Dividend and Dividend Yield (NYSE:NOV)
marketrealist.com - September 9 at 11:06 AM
News IconUpdate on National Oilwell Varco, Inc. (NYSE:NOV) for the day (NYSE:NOV)
twincountynews.com - September 8 at 10:14 AM
News IconTrader's Spotlight- National Oilwell Varco, Inc.'s (NOV) - Hot Stocks ... - Hot Stocks Point (NYSE:NOV)
www.hotstockspoint.com - September 7 at 10:00 AM
News IconNational Oilwell Varco, Inc. (NYSE:NOV) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:NOV)
voiceregistrar.com - September 6 at 6:37 PM
News IconIs National Oilwell Varco, Inc. (NYSE:NOV), a large market cap stock a smart buy? (NYSE:NOV)
twincountynews.com - September 6 at 11:08 AM
News IconLeading stocks in today’s market: National Oilwell Varco, Inc. (NYSE:NOV) (NYSE:NOV)
twincountynews.com - September 5 at 10:40 AM
stocksdaily.net logoNational Oilwell Varco, Inc. (NYSE:NOV) Held $2080 In Cash And Short-Term Investments (NYSE:NOV)
www.stocksdaily.net - September 4 at 5:47 PM
News IconNational Oilwell Varco's (NOV) Shares are Under Pressure amid Lower Demand - Economic Calendar (NYSE:NOV)
www.economiccalendar.com - September 2 at 6:24 PM
capitalcube.com logoNational Oilwell Varco, Inc. breached its 50 day moving average in a Bearish Manner : NOV-US : September 2, 2016 (NYSE:NOV)
www.capitalcube.com - September 2 at 11:17 AM
seekingalpha.com logoNational Oilwell - The Road To $15 - Seeking Alpha (NYSE:NOV)
seekingalpha.com - August 31 at 11:28 AM
mysmartrend.com logoNational Oilwell Varco Falls 1.19% on Heavy Volume: Watch For Potential Rebound (NYSE:NOV)
www.mysmartrend.com - August 30 at 6:26 PM
seekingalpha.com logoNational Oilwell - The Road To $15 (NYSE:NOV)
seekingalpha.com - August 30 at 6:26 PM
finance.yahoo.com logoA Return to $40 Oil? Rally Runs Out of Steam (NYSE:NOV)
finance.yahoo.com - August 30 at 6:26 PM
wsj.com logo[$$] U.S. Regulators Warn Drillers to Find Solution to Subsea Bolt Failures (NYSE:NOV)
www.wsj.com - August 30 at 9:48 AM
marketrealist.com logoNational Oilwell Varco’s Strategies: Will Returns Improve? (NYSE:NOV)
marketrealist.com - August 30 at 9:48 AM
marketrealist.com logoWhat Is the Correlation between NOV’s Stock and Crude Oil? (NYSE:NOV)
marketrealist.com - August 29 at 6:17 PM
wsj.com logo[$$] Oil Drillers Warned About Potential Subsea Bolt Failures (NYSE:NOV)
www.wsj.com - August 29 at 6:17 PM
marketrealist.com logoHow Volatile Is National Oilwell Varco? (NYSE:NOV)
marketrealist.com - August 29 at 10:58 AM
mysmartrend.com logoWatch for National Oilwell Varco to Potentially Rebound After Falling 1.08% Yesterday (NYSE:NOV)
www.mysmartrend.com - August 26 at 6:12 PM
marketrealist.com logoNational Oilwell Varco’s Short Interest Is Decreasing: What Does It Mean? (NYSE:NOV)
marketrealist.com - August 26 at 6:12 PM
marketrealist.com logoNational Oilwell Varco’s Valuation Compared to Its Peers (NYSE:NOV)
marketrealist.com - August 26 at 9:30 AM
thestreet.com logoDon't Expect GE to Buy National Oilwell Varco (NYSE:NOV)
www.thestreet.com - August 25 at 6:27 PM
istreetwire.com logoMomentum Stocks: SLM (SLM), The Chemours (CC), National Oilwell Varco (NOV) - iStreetWire (NYSE:NOV)
istreetwire.com - August 25 at 11:34 AM
News IconWhich way National Oilwell Varco, Inc. (NYSE:NOV) earnings may go - The Voice Registrar (NYSE:NOV)
voiceregistrar.com - August 25 at 11:34 AM
News IconNational Oilwell Varco, Inc. (NYSE:NOV) from Oil & Gas Equipment & Services – Todays Top Gains (NYSE:NOV)
twincountynews.com - August 24 at 6:12 PM
marketrealist.com logoAn Overview of National Oilwell Varco’s Indebtedness (NYSE:NOV)
marketrealist.com - August 24 at 9:36 AM
marketrealist.com logoHow Is National Oilwell Varco’s Order Backlog Looking? (NYSE:NOV)
marketrealist.com - August 23 at 6:40 PM
mysmartrend.com logoSmarTrend Watching for Potential Rebound in Shares of National Oilwell Varco After 2.15% Loss (NYSE:NOV)
www.mysmartrend.com - 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)
voiceregistrar.com - August 22 at 6:27 PM
marketrealist.com logoWill the Rig Count Affect National Oilwell Varco in 3Q16? (NYSE:NOV)
marketrealist.com - 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)
stockznews.com - August 22 at 11:04 AM

Social

National Oilwell Varco (NYSE:NOV) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff