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

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$32.2265 -0.58 (-1.77 %)
(As of 11/20/2018 11:19 AM ET)
Previous Close$32.81
Today's Range$31.62 - $32.38
52-Week Range$31.48 - $49.08
Volume857,233 shs
Average Volume4.15 million shs
Market Capitalization$12.90 billion
P/E Ratio-76.73
Dividend Yield0.59%
Beta1.03
National Oilwell Varco, Inc. designs, manufactures, and sells systems and components used in oil and gas drilling and production; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste management equipment and services, drilling and completion fluids, data acquisition and analytics, water management solutions, managed-pressure-drilling systems, and wellsite logistics solutions; tubular inspection, repair and coating, rope access inspection, and instrumentation services; and power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits The Completion & Production Solutions segment designs, manufactures, and sells pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; coiled tubing units, coiled tubing, and wireline units and tools; composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and floating production systems and subsea production technologies. The Rig Technologies segment offers land rigs; offshore drilling equipment packages; and drilling rig components It provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment, including blowout preventers; power transmission systems comprising drives and generators; and rig instrumentation and control systems. This segment also offers spare parts; and repair and rental services, as well as remote equipment monitoring, technical support, field, and training services. The company was founded in 1862 and is based in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:NOV
Previous Symbol
CUSIP63707110
Phone713-346-7500

Debt

Debt-to-Equity Ratio0.19
Current Ratio3.17
Quick Ratio1.78

Price-To-Earnings

Trailing P/E Ratio-76.73
Forward P/E Ratio-3,222.65
P/E GrowthN/A

Sales & Book Value

Annual Sales$7.30 billion
Price / Sales1.69
Cash Flow$1.3684 per share
Price / Cash23.55
Book Value$37.26 per share
Price / Book0.86

Profitability

EPS (Most Recent Fiscal Year)($0.42)
Net Income$-237,000,000.00
Net Margins-0.71%
Return on Equity-0.41%
Return on Assets-0.29%

Miscellaneous

Employees31,889
Outstanding Shares383,370,000
Market Cap$12.90 billion
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 announced a quarterly dividend on Tuesday, November 13th. Investors of record on Friday, December 7th will be paid a dividend of $0.05 per share on Friday, December 21st. This represents a $0.20 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Thursday, December 6th. View National-Oilwell Varco's Dividend History.

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

National-Oilwell Varco declared that its Board of Directors has initiated a share repurchase plan on Tuesday, November 6th 2018, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

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

National-Oilwell Varco, Inc. (NYSE:NOV) issued its quarterly earnings data on Thursday, July, 26th. The oil and gas exploration company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.04. The oil and gas exploration company had revenue of $2.11 billion for the quarter, compared to analysts' expectations of $2 billion. National-Oilwell Varco had a negative net margin of 0.71% and a negative return on equity of 0.41%. The firm's quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.14) EPS. 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 Monday, February 4th 2019. View Earnings Estimates for National-Oilwell Varco.

What price target have analysts set for NOV?

24 analysts have issued 12-month target prices for National-Oilwell Varco's stock. Their predictions range from $31.00 to $55.00. On average, they expect National-Oilwell Varco's share price to reach $43.2727 in the next year. This suggests a possible upside of 35.4% from the stock's current price. View Analyst Price Targets for National-Oilwell Varco.

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

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National-Oilwell Varco in the last year. There are currently 2 sell ratings, 13 hold ratings and 9 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 trended somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. National-Oilwell Varco earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned media stories about the oil and gas exploration company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the next few days.

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

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 55)
  • Mr. Jose A. Bayardo, Sr. VP & CFO (Age 46)
  • Mr. Scott K. Duff, VP, Corp. Controller & Chief Accounting Officer (Age 50)
  • Mr. Craig L. Weinstock, Sr. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Joseph W. Rovig, Pres of Rig Technologies (Age 57)

Who are National-Oilwell Varco's major shareholders?

National-Oilwell Varco's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dodge & Cox (6.96%), First Eagle Investment Management LLC (6.57%), BlackRock Inc. (6.50%), Capital Research Global Investors (2.50%), Pzena Investment Management LLC (2.39%) and Lyrical Asset Management LP (1.44%). 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 institutional investors are selling National-Oilwell Varco stock?

NOV stock was sold by a variety of institutional investors in the last quarter, including Dodge & Cox, American Century Companies Inc., First Eagle Investment Management LLC, The Manufacturers Life Insurance Company , Wells Fargo & Company MN, Marathon Asset Management LLP, Mitsubishi UFJ Trust & Banking Corp and BlackRock 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 institutional 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, Capital Research Global Investors, Alliancebernstein L.P., Janus Henderson Group PLC, Allianz Asset Management GmbH, AQR Capital Management LLC, Deutsche Bank AG and Ruffer LLP. 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 $31.95.

How big of a company is National-Oilwell Varco?

National-Oilwell Varco has a market capitalization of $12.90 billion and generates $7.30 billion in revenue each year. The oil and gas exploration company earns $-237,000,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis. National-Oilwell Varco employs 31,889 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:  749 (Vote Outperform)
Underperform Votes:  826 (Vote Underperform)
Total Votes:  1,575
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 11/20/2018 by MarketBeat.com Staff

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