NYSE:NOV - National-Oilwell Varco Stock Price, News, & Analysis

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$26.63 -1.27 (-4.55 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$27.90
Today's Range$26.61 - $27.78
52-Week Range$24.27 - $49.08
Volume2.65 million shs
Average Volume3.87 million shs
Market Capitalization$10.21 billion
P/E Ratio-332.88
Dividend Yield0.72%
Beta1.23
National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates in three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; rope access inspection, instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; hole openers; and drill bits. The Completion & Production Solutions segment provides equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. The Rig Technologies segment offers substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; and pipelay and construction systems. It also provides spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. The company was founded in 1862 and is based in Houston, Texas.

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Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP63707110
Phone713-346-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.45 billion
Cash Flow$1.6139 per share
Book Value$36.23 per share

Profitability

Net Income$-31,000,000.00

Miscellaneous

Employees35,063
Market Cap$10.21 billion
Next Earnings Date4/25/2019 (Confirmed)
OptionableOptionable

National-Oilwell Varco (NYSE:NOV) Frequently Asked Questions

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 declared a quarterly dividend on Friday, March 1st. Investors of record on Friday, March 15th will be paid a dividend of $0.05 per share on Friday, March 29th. This represents a $0.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, March 14th. View National-Oilwell Varco's Dividend History.

How will National-Oilwell Varco's stock buyback program work?

National-Oilwell Varco announced that its board has initiated a stock repurchase program on Tuesday, November 6th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

How were National-Oilwell Varco's earnings last quarter?

National-Oilwell Varco, Inc. (NYSE:NOV) posted its quarterly earnings data on Wednesday, February, 6th. The oil and gas exploration company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.08 by $0.05. The oil and gas exploration company earned $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. National-Oilwell Varco had a negative return on equity of 0.22% and a negative net margin of 0.37%. The company's revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.04) earnings per share. View National-Oilwell Varco's Earnings History.

When is National-Oilwell Varco's next earnings date?

National-Oilwell Varco is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for National-Oilwell Varco.

How can I listen to National-Oilwell Varco's earnings call?

National-Oilwell Varco will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for NOV?

28 Wall Street analysts have issued 12 month price targets for National-Oilwell Varco's shares. Their forecasts range from $24.00 to $55.00. On average, they anticipate National-Oilwell Varco's stock price to reach $38.8333 in the next twelve months. This suggests a possible upside of 45.8% from the stock's current price. View Analyst Price Targets for National-Oilwell Varco.

What is the consensus analysts' recommendation for National-Oilwell Varco?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National-Oilwell Varco in the last year. There are currently 3 sell ratings, 14 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for National-Oilwell Varco.

Has National-Oilwell Varco been receiving favorable news coverage?

Headlines about NOV stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. National-Oilwell Varco earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the oil and gas exploration company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the next several days.

Who are some of National-Oilwell Varco's key competitors?

What other stocks do shareholders of National-Oilwell Varco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National-Oilwell Varco investors own include Gilead Sciences (GILD), Bank of America (BAC), Schlumberger (SLB), Intel (INTC), Starbucks (Sbux), General Electric (GE), Exxon Mobil (XOM), Wells Fargo & Co (WFC), Alphabet (GOOG) and Johnson & Johnson (JNJ).

Who are National-Oilwell Varco's key executives?

National-Oilwell Varco's management team includes the folowing people:
  • Mr. Clay C. Williams, Chairman, Pres & CEO (Age 56)
  • Mr. Jose A. Bayardo, Sr. VP & CFO (Age 47)
  • Mr. Scott K. Duff, VP, Corp. Controller & Chief Accounting Officer (Age 51)
  • Mr. Craig L. Weinstock, Sr. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Joseph W. Rovig, Pres of Rig Technologies (Age 58)

Who are National-Oilwell Varco's major shareholders?

National-Oilwell Varco's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.78%), Harris Associates L P (5.95%), Pzena Investment Management LLC (3.30%), Parnassus Investments CA (2.88%), Ruffer LLP (1.58%) and Northern Trust Corp (1.36%). Company insiders that own National-Oilwell Varco stock include Clay C Williams, Craig L Weinstock, Eric L Mattson, Joseph W Rovig and Scott K Duff. View Institutional Ownership Trends for National-Oilwell Varco.

Which major investors are selling National-Oilwell Varco stock?

NOV stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Flossbach Von Storch AG, CWM LLC, Zurcher Kantonalbank Zurich Cantonalbank, Hutchinson Capital Management CA, Great West Life Assurance Co. Can, Dalton Greiner Hartman Maher & Co. and QV Investors Inc.. Company insiders that have sold National-Oilwell Varco company stock in the last year include Clay C Williams, Craig L Weinstock, Eric L Mattson, Joseph W Rovig and Scott K Duff. View Insider Buying and Selling for National-Oilwell Varco.

Which major investors are buying National-Oilwell Varco stock?

NOV stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Norges Bank, Lord Abbett & CO. LLC, Ruffer LLP, American Century Companies Inc., BlackRock Inc., Oregon Public Employees Retirement Fund and Van ECK Associates Corp. View Insider Buying and Selling for National-Oilwell Varco.

How do I buy shares of National-Oilwell Varco?

Shares of NOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is National-Oilwell Varco's stock price today?

One share of NOV stock can currently be purchased for approximately $26.63.

How big of a company is National-Oilwell Varco?

National-Oilwell Varco has a market capitalization of $10.21 billion and generates $8.45 billion in revenue each year. The oil and gas exploration company earns $-31,000,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. National-Oilwell Varco employs 35,063 workers across the globe.

What is National-Oilwell Varco's official website?

The official website for National-Oilwell Varco is http://www.natoil.com.

How can I contact National-Oilwell Varco?

National-Oilwell Varco's mailing address is 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX, 77036. The oil and gas exploration company can be reached via phone at 713-346-7500 or via email at [email protected]


MarketBeat Community Rating for National-Oilwell Varco (NYSE NOV)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  783 (Vote Outperform)
Underperform Votes:  867 (Vote Underperform)
Total Votes:  1,650
MarketBeat's community ratings are surveys of what our community members think about National-Oilwell Varco and other stocks. Vote "Outperform" if you believe NOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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