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National-Oilwell Varco Stock Price, Forecast & Analysis (NYSE:NOV)

$21.36
+0.25 (+1.18 %)
(As of 11/21/2019 07:55 AM ET)
Today's Range
$20.96
Now: $21.36
$21.77
50-Day Range
$20.01
MA: $21.72
$24.11
52-Week Range
$18.05
Now: $21.36
$33.37
Volume2.20 million shs
Average Volume4.16 million shs
Market Capitalization$8.24 billion
P/E RatioN/A
Dividend Yield0.95%
Beta1.32
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. Read More…

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$1.65 per share
Book Value$36.23 per share

Profitability

Net Income$-31,000,000.00

Miscellaneous

Employees35,063
Market Cap$8.24 billion
Next Earnings Date2/6/2020 (Confirmed)
OptionableOptionable

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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 Thursday, November 14th. Investors of record on Friday, December 6th will be given a dividend of $0.05 per share on Friday, December 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Thursday, December 5th. View National-Oilwell Varco's Dividend History.

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

National-Oilwell Varco announced that its Board of Directors has authorized a share repurchase program on Tuesday, November 6th 2018, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.5% of its shares through open market purchases. Shares repurchase programs are typically 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) announced its quarterly earnings data on Monday, October, 28th. The oil and gas exploration company reported ($0.64) EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.76. The oil and gas exploration company earned $2.13 billion during the quarter, compared to analyst estimates of $2.17 billion. National-Oilwell Varco had a negative net margin of 66.29% and a negative return on equity of 2.82%. The company's quarterly revenue was down 1.3% on a year-over-year basis. 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, February 6th 2020. 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 Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for NOV?

23 brokerages have issued 12 month target prices for National-Oilwell Varco's stock. Their forecasts range from $20.00 to $43.00. On average, they anticipate National-Oilwell Varco's stock price to reach $27.58 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for National-Oilwell Varco.

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

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National-Oilwell Varco in the last year. There are currently 3 sell ratings, 9 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?

Press coverage about NOV stock has trended positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. National-Oilwell Varco earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave media coverage about the oil and gas exploration company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for National-Oilwell Varco.

Are investors shorting National-Oilwell Varco?

National-Oilwell Varco saw a decrease in short interest in October. As of October 31st, there was short interest totalling 19,530,000 shares, a decrease of 9.5% from the September 30th total of 21,590,000 shares. Based on an average daily trading volume, of 4,120,000 shares, the short-interest ratio is presently 4.7 days. Approximately 5.1% of the company's stock are sold short. View National-Oilwell Varco's Current Options Chain.

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 Bank of America (BAC), Gilead Sciences (GILD), Intel (INTC), Schlumberger (SLB), Exxon Mobil (XOM), Starbucks (SBUX), Ford Motor (F), Johnson & Johnson (JNJ), Alphabet (GOOG) and General Electric (GE).

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 Systems & Rig Aftermarket (Age 58)

Who are National-Oilwell Varco's major shareholders?

National-Oilwell Varco's stock is owned by many different of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (0.86%), Great West Life Assurance Co. Can (0.62%), Marathon Asset Management LLP (0.60%), Great Lakes Advisors LLC (0.57%), Eagle Asset Management Inc. (0.43%) and Sumitomo Mitsui Trust Holdings Inc. (0.37%). 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 Massachusetts Financial Services Co. MA, Teacher Retirement System of Texas, Russell Investments Group Ltd., Sumitomo Mitsui Trust Holdings Inc., Zeke Capital Advisors LLC, Delta Asset Management LLC TN, Welch & Forbes LLC and Pegasus Partners Ltd.. Company insiders that have sold National-Oilwell Varco company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Carillon Tower Advisers Inc., Reinhart Partners Inc., State of Tennessee Treasury Department, First Trust Advisors LP, Marathon Asset Management LLP, State of Alaska Department of Revenue and Virginia Retirement Systems ET AL. 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, Robinhood, Fidelity and Charles Schwab.

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

One share of NOV stock can currently be purchased for approximately $21.36.

How big of a company is National-Oilwell Varco?

National-Oilwell Varco has a market capitalization of $8.24 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.View Additional Information About National-Oilwell Varco.

What is National-Oilwell Varco's official website?

The official website for National-Oilwell Varco is http://www.nov.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:  899 (Vote Outperform)
Underperform Votes:  998 (Vote Underperform)
Total Votes:  1,897
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 11/21/2019 by MarketBeat.com Staff

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