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: $36.76
  • 50 Day Moving Average: $35.09
  • 200 Day Moving Average: $33.30
  • 52-Week Range: $25.74 - $40.24
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -94.26
  • P/E Growth: 9.01
  • Market Cap: $13.88B
  • Outstanding Shares: 377,631,000
  • Beta: 1.44
  • Net Margins: -17.14%
  • Return on Equity: 1.83%
  • Return on Assets: 1.18%
  • 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: 5 Sell Ratings, 18 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.03)
Consensus Price Target: $34.46 (6.26% downside)

Analysts' Ratings History for National Oilwell Varco (NYSE:NOV)
DateFirmActionRatingPrice TargetDetails
10/3/2016Citigroup Inc.DowngradeNeutral -> Sell$37.00 -> $30.00View 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
(Data available from 10/24/2014 forward)


Earnings History for National Oilwell Varco (NYSE:NOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316($0.28)$1.68 billionListenView Earnings Details
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: $-0.39 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($0.33)$0.30($0.19)
Q4 20169($0.32)$0.31($0.17)
Q1 20176($0.25)$0.33($0.14)
Q2 20176($0.20)$0.40($0.05)
Q3 20176($0.14)$0.47$0.03
Q4 20176($0.07)$0.51$0.10
Q1 20181$0.05$0.05$0.05
Q2 20181$0.18$0.18$0.18
Q3 20181$0.29$0.29$0.29
(Data provided by Zacks Investment Research)


Current Dividend Information for National Oilwell Varco (NYSE:NOV)
Annual Dividend:$0.20
Dividend Yield:0.54%
Dividend Growth:55.40% (3 Year Average)
Payout Ratio:-4.40% (Based on Trailing 12 Months of Earnings)
-21.74% (Based on Current Year Consensus EPS Estimate)
-51.28% (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
(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: 94.09%
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)
News IconNational-Oilwell Varco, Inc. (NYSE:NOV),USG Corporation (NYSE:USG), Paychex, Inc. (NASDAQ:PAYX) - NYSE Journal (press release) (NYSE:NOV) - October 24 at 6:09 PM logoNational Oilwell (NOV): What's Up this Earnings Season? - Nasdaq (NYSE:NOV) - October 24 at 6:09 PM logoTrader's Buzzers: National Oilwell Varco, Inc. (NOV), USG Corporation (USG), Harvest Natural Resources Inc. (HNR) - iStreetWire (NYSE:NOV) - October 24 at 11:55 AM logoQuarterly Accrued Expenses For National Oilwell Varco, Inc. (NYSE:NOV) At $1774 Millions - Stocks Daily (NYSE:NOV) - October 24 at 11:55 AM logoNational Oilwell (NOV): What's Up this Earnings Season? (NYSE:NOV) - October 24 at 11:55 AM logoQuarterly Accrued Expenses For National Oilwell Varco, Inc. (NYSE:NOV) At $1774 Millions (NYSE:NOV) - October 23 at 6:13 PM logoWill NOV's Debt Get Downgraded To Junk? - Seeking Alpha (NYSE:NOV) - October 22 at 5:59 PM logoDeferred Tax Assets Of National Oilwell Varco, Inc. (NYSE:NOV) At $376 - (NYSE:NOV) - October 22 at 5:59 PM
News IconStock Focus: National Oilwell Varco, Inc (NYSE:NOV) - October 22 at 10:31 AM logoWall Street’s Forecasts for NOV before 3Q16 Earnings Results (NYSE:NOV) - October 20 at 12:13 PM logoWas Marcellus Shale Natural Gas Production Steady in September? (NYSE:NOV) - October 20 at 12:13 PM logoNational Oilwell Varco Set to Possibly Pullback After Yesterday's Rally of 1.08% (NYSE:NOV) - October 19 at 6:47 PM logoHas Short Interest in NOV Decreased since 2Q16? (NYSE:NOV) - October 19 at 11:31 AM logoHas NOV’s Correlation with Crude Oil Increased since 2Q16? (NYSE:NOV) - October 19 at 11:31 AM logoWhat Analysts Expect for National Oilwell Varco’s 3Q16 Earnings (NYSE:NOV) - October 18 at 6:19 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention: National Oilwell Varco, Inc. (NYSE:NOV), Carnival Corporation (NYSE ... - The Voice Registrar (NYSE:NOV) - October 18 at 11:45 AM logoNational Oilwell Varco's 3Q16 Earnings: What Can We Expect? - Market Realist (NYSE:NOV) - October 18 at 11:45 AM logoNational Oilwell Varco, Inc. (NYSE:NOV) Quarterly Accrued Expenses At $1774 Millions (NYSE:NOV) - October 16 at 6:12 PM
News IconLeading stocks in today’s market: National Oilwell Varco, Inc. (NYSE:NOV) (NYSE:NOV) - October 16 at 10:48 AM
News IconWaverton Investment Management Ltd Lowers stake in National-Oilwell Varco (NOV) (NYSE:NOV) - October 15 at 6:02 PM
News IconViking Fund Management Lowers stake in National-Oilwell Varco (NOV) (NYSE:NOV) - October 15 at 6:02 PM logoWhat Do Analysts Expect from Superior Energy’s 3Q16 Earnings? (NYSE:NOV) - October 14 at 6:12 PM logoTechnical Roundup on Oil & Gas Stocks -- Synergy Resources, National Oilwell Varco, Emerge Energy Services, and ... - PR Newswire (press release) (NYSE:NOV) - October 14 at 9:43 AM logoHanesBrands Becomes #21 Most Shorted S&P 500 Component, Replacing National Oilwell Varco (NYSE:NOV) - October 13 at 10:03 AM
News IconAnalysts Valuations For Two Stocks: Adobe Systems Incorporated (NASDAQ:ADBE), National-Oilwell Varco, Inc ... - The Voice Registrar (NYSE:NOV) - October 12 at 6:25 PM logoWhy Analysts Are Doubtful about Schlumberger’s 3Q16 Earnings (NYSE:NOV) - October 12 at 6:25 PM
News IconStock under Review - National Oilwell Varco, Inc.'s (NOV) - Hot Stocks Point (NYSE:NOV) - October 12 at 11:49 AM
News IconStocks Alert: Oclaro, Inc. (NASDAQ:OCLR), National-Oilwell Varco, Inc. (NYSE:NOV), Rio Tinto plc (ADR)(NYSE:RIO) - NYSE Journal (press release) (NYSE:NOV) - October 12 at 11:49 AM
News IconWorth Watching Stocks - Frontier Communications, (NASDAQ:FTR), National-Oilwell Varco, (NYSE:NOV) - Money News (NYSE:NOV) - October 12 at 11:49 AM
News IconNational Oilwell Varco, Incorporated (NYSE:NOV) To Report September 2016 Results - The Voice Registrar (NYSE:NOV) - October 12 at 11:49 AM logoNational Oilwell Varco (NOV) Breaks Through Support at $37.25 (NYSE:NOV) - October 11 at 6:42 PM logoNational Oilwell Varco, Inc. (NYSE:NOV) Beginning Cash At $3536 Millions - Stocks Daily (NYSE:NOV) - October 10 at 6:01 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention Hormel Foods Corp (NYSE:HRL), National-Oilwell Varco, Inc. (NYSE ... - The Voice Registrar (NYSE:NOV) - October 10 at 6:01 PM logoNational Oilwell Varco, Inc. (NYSE:NOV) Beginning Cash At $3536 Millions (NYSE:NOV) - October 9 at 5:48 PM logo8 Big Stocks Analysts Want You to Sell Now (NYSE:NOV) - October 9 at 10:41 AM
News IconCitigroup Downgrades Rating On National Oilwell Varco, Inc (NYSE:NOV) - October 6 at 11:54 AM logoStock's Trend Analysis Report: Depomed, Inc. (DEPO), National Oilwell Varco, Inc. (NOV), News Corporation (NWSA) - iStreetWire (NYSE:NOV) - October 5 at 11:38 AM logoNotable Runners National-Oilwell Varco, Inc. (NYSE:NOV), Quanta Services Inc (NYSE:PWR) - Wall Street 24 (NYSE:NOV) - October 5 at 11:38 AM
News IconAnalysts Valuations For Two Stocks: National-Oilwell Varco, Inc. (NYSE:NOV), Freeport-McMoRan Inc (NYSE:FCX) - The Voice Registrar (NYSE:NOV) - October 5 at 11:38 AM logoNational Oilwell Cut To Sell, Citi Sees 18% Downside In 2016 (NYSE:NOV) - October 3 at 6:04 PM logoNational Oilwell Varco cut to Sell at Citi (NYSE:NOV) - October 3 at 3:48 PM logoNational Oilwell Varco, Inc. (NYSE:NOV) Held $2080 In Short-Term Investments And Cash (NYSE:NOV) - October 3 at 11:01 AM
News IconNational Oilwell Varco, Inc. (NYSE:NOV) from Oil & Gas Equipment & Services – Todays Top Gains (NYSE:NOV) - October 3 at 11:01 AM logoNational Oilwell Varco, Inc. (NYSE:NOV) Held $2080 In Short-Term ... - Stocks Daily (NYSE:NOV) - October 2 at 5:37 PM logoNational Oilwell Varco, Inc. (NYSE:NOV) Accounts Payable At $434 - (NYSE:NOV) - October 2 at 10:32 AM
News IconThe Key Numbers To Watch From National Oilwell Varco, Inc. (NYSE:NOV)'s Earnings - The Voice Registrar (NYSE:NOV) - September 29 at 6:22 PM
News IconBasic Materials Worth Chasing: Atwood Oceanics, Inc. (ATW), National Oilwell Varco, Inc. (NOV) - The Independent Republic (NYSE:NOV) - September 29 at 11:35 AM
News IconThe latest Insider Trade insight for National Oilwell Varco, Inc. (NYSE:NOV) - Newburgh Press (NYSE:NOV) - September 29 at 11:35 AM
News IconStocks Dominating Wall Street: Encana Corporation (NYSE:ECA), National Oilwell Varco, Inc. (NYSE:NOV) - Street Wise Report (press release) (blog) (NYSE:NOV) - September 28 at 6:10 PM logoNational Oilwell Varco, Inc. breached its 50 day moving average in a Bearish Manner : NOV-US : September 28, 2016 (NYSE:NOV) - September 28 at 11:27 AM


National Oilwell Varco (NYSE:NOV) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff