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

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$30.45 +0.66 (+2.22 %)
(As of 01/21/2019 02:09 AM ET)
Previous Close$30.45
Today's Range$29.65 - $30.57
52-Week Range$24.27 - $49.08
Volume4.00 million shs
Average Volume3.89 million shs
Market Capitalization$11.67 billion
P/E Ratio-72.50
Dividend Yield0.66%
Beta1.16
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

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$7.30 billion
Cash Flow$1.4289 per share
Book Value$37.26 per share

Profitability

Net Income$-237,000,000.00

Miscellaneous

Employees31,889
Market Cap$11.67 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. Shareholders of record on Friday, December 7th will be given 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 0.66%. 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 announced that its Board of Directors has initiated a stock buyback program on Tuesday, November 6th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are 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 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 return on equity of 0.41% and a negative net margin of 0.71%. National-Oilwell Varco's revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($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 Wednesday, February 6th 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 Thursday, February 7th 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?

26 Wall Street analysts have issued 1 year price targets for National-Oilwell Varco's stock. Their predictions range from $28.00 to $55.00. On average, they expect National-Oilwell Varco's share price to reach $40.4348 in the next year. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Price Targets for National-Oilwell Varco.

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

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National-Oilwell Varco in the last year. There are currently 3 sell ratings, 13 hold ratings and 10 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 negative recently, InfoTrie reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. National-Oilwell Varco earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.

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 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 many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.05%), State of Alaska Department of Revenue (0.04%), Dubuque Bank & Trust Co. (0.03%), BTIM Corp. (0.03%), Gulf International Bank UK Ltd (0.02%) and Thompson Rubinstein Investment Management Inc. OR (0.02%). 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 Dalton Greiner Hartman Maher & Co., Gulf International Bank UK Ltd, Park National Corp OH, DNB Asset Management AS, Gofen & Glossberg LLC IL, BTIM Corp., Thompson Rubinstein Investment Management Inc. OR and CHICAGO TRUST Co NA. 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cerebellum GP LLC, Virtu Financial LLC, Nisa Investment Advisors LLC and Columbus Macro LLC. 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 $30.45.

How big of a company is National-Oilwell Varco?

National-Oilwell Varco has a market capitalization of $11.67 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:  765 (Vote Outperform)
Underperform Votes:  843 (Vote Underperform)
Total Votes:  1,608
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 1/21/2019 by MarketBeat.com Staff

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