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

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$40.27 -0.13 (-0.32 %)
(As of 10/23/2018 01:15 AM ET)
Previous Close$40.40
Today's Range$39.39 - $40.40
52-Week Range$31.47 - $49.08
Volume2.10 million shs
Average Volume3.11 million shs
Market Capitalization$15.46 billion
P/E Ratio-95.88
Dividend Yield0.49%
Beta0.93
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
SymbolNYSE:NOV
CUSIP63707110
Phone713-346-7500

Debt

Debt-to-Equity Ratio0.19
Current Ratio3.19
Quick Ratio1.75

Price-To-Earnings

Trailing P/E Ratio-95.88
Forward P/E Ratio287.64
P/E Growth47.81

Sales & Book Value

Annual Sales$7.30 billion
Price / Sales2.11
Cash Flow$1.4245 per share
Price / Cash28.27
Book Value$37.26 per share
Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)($0.42)
Net Income$-237,000,000.00
Net Margins-1.09%
Return on Equity-0.60%
Return on Assets-0.42%

Miscellaneous

Employees31,889
Outstanding Shares382,620,000
Market Cap$15.46 billion

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 Thursday, August 16th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.05 per share on Friday, September 28th. This represents a $0.20 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend is Thursday, September 13th. View National-Oilwell Varco's Dividend History.

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

National-Oilwell Varco, Inc. (NYSE:NOV) released 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 Zacks' consensus estimate of $0.02 by $0.04. The oil and gas exploration company earned $2.11 billion during the quarter, compared to the consensus estimate of $2 billion. National-Oilwell Varco had a negative return on equity of 0.60% and a negative net margin of 1.09%. The company's quarterly revenue was up 19.7% on a year-over-year basis. During the same period last year, the business earned ($0.14) 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, October 25th 2018. 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, October 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?

24 brokerages have issued twelve-month price objectives for National-Oilwell Varco's stock. Their forecasts range from $27.00 to $55.00. On average, they anticipate National-Oilwell Varco's stock price to reach $44.50 in the next year. This suggests a possible upside of 10.5% 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, 16 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for National-Oilwell Varco.

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 many different of retail and institutional investors. Top institutional shareholders include QV Investors Inc. (0.23%), Aperio Group LLC (0.07%), Delta Asset Management LLC TN (0.07%), Bank of Montreal Can (0.07%), Dalton Greiner Hartman Maher & Co. (0.05%) and Nisa Investment Advisors LLC (0.05%). 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 QV Investors Inc., Dalton Greiner Hartman Maher & Co., Bank of Montreal Can, State of New Jersey Common Pension Fund D, Viking Fund Management LLC, Strs Ohio, Cornerstone Wealth Management LLC and Park National Corp OH. 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Clinton Group Inc., Aperio Group LLC, Nisa Investment Advisors LLC, Atria Investments LLC, DNB Asset Management AS, Visionary Asset Management Inc. and Delta Asset Management LLC TN. 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 $40.27.

How big of a company is National-Oilwell Varco?

National-Oilwell Varco has a market capitalization of $15.46 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:  735 (Vote Outperform)
Underperform Votes:  807 (Vote Underperform)
Total Votes:  1,542
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 10/23/2018 by MarketBeat.com Staff

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