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NYSE:NOVNational-Oilwell Varco Stock Price, Forecast & News

+0.15 (+1.15 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $13.20
50-Day Range
MA: $11.92
52-Week Range
Now: $13.20
Volume4.88 million shs
Average Volume4.84 million shs
Market Capitalization$5.13 billion
P/E RatioN/A
Dividend YieldN/A
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. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; rope access inspection, instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; hole openers; and drill bits. The Completion & Production Solutions segment provides equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. The Rig Technologies segment offers substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; and pipelay and construction systems. It also provides spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. The company was founded in 1862 and is based in Houston, Texas.
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National-Oilwell Varco logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.66 out of 5 stars

Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services



Sales & Book Value

Annual Sales$8.48 billion
Cash Flow$11.00 per share
Book Value$20.33 per share


Net Income$-6,095,000,000.00


Market Cap$5.13 billion
Next Earnings Date10/26/2020 (Confirmed)
+0.15 (+1.15 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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National-Oilwell Varco (NYSE:NOV) Frequently Asked Questions

How has National-Oilwell Varco's stock been impacted by COVID-19 (Coronavirus)?

National-Oilwell Varco's stock was trading at $10.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NOV stock has increased by 26.0% and is now trading at $13.20.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of 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 11 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for National-Oilwell Varco

When is National-Oilwell Varco's next earnings date?

National-Oilwell Varco is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast 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 Monday, October 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

National-Oilwell Varco, Inc. (NYSE:NOV) issued its quarterly earnings results on Monday, July, 27th. The oil and gas exploration company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.13) by $0.15. The oil and gas exploration company earned $1.50 billion during the quarter, compared to analysts' expectations of $1.53 billion. National-Oilwell Varco had a negative return on equity of 2.32% and a negative net margin of 35.56%. The business's quarterly revenue was down 29.8% compared to the same quarter last year. During the same period last year, the business posted $0.02 EPS.
View National-Oilwell Varco's earnings history

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, February 27th. Shareholders of record on Friday, March 13th will be given a dividend of $0.05 per share on Friday, March 27th. This represents a $0.20 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Thursday, March 12th.
View National-Oilwell Varco's dividend history

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

National-Oilwell Varco announced that its board has initiated a stock buyback plan on Tuesday, November 6th 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for NOV?

23 brokers have issued 1 year price objectives for National-Oilwell Varco's stock. Their forecasts range from $8.00 to $33.00. On average, they anticipate National-Oilwell Varco's share price to reach $17.49 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price.
View analysts' price targets for National-Oilwell Varco

Has National-Oilwell Varco been receiving favorable news coverage?

News coverage about NOV stock has been trending somewhat negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. National-Oilwell Varco earned a news impact score of -1.5 on InfoTrie's scale. They also gave headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about National-Oilwell Varco

Are investors shorting National-Oilwell Varco?

National-Oilwell Varco saw a decline in short interest in May. As of May 29th, there was short interest totaling 20,470,000 shares, a decline of 14.6% from the May 14th total of 23,980,000 shares. Based on an average daily volume of 5,110,000 shares, the days-to-cover ratio is presently 4.0 days.
View National-Oilwell Varco's Short Interest

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 Gilead Sciences (GILD), Bank of America (BAC), Schlumberger (SLB), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Intel (INTC), Halliburton (HAL), Exxon Mobil (XOM), Johnson & Johnson (JNJ) and Pfizer (PFE).

Who are National-Oilwell Varco's key executives?

National-Oilwell Varco's management team includes the following 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)

What is National-Oilwell Varco's stock symbol?

National-Oilwell Varco trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOV."

Who are National-Oilwell Varco's major shareholders?

National-Oilwell Varco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (8.13%), First Eagle Investment Management LLC (6.11%), Bank of New York Mellon Corp (0.91%), Marathon Asset Management LLP (0.67%), Bank of Nova Scotia (0.48%) and Swiss National Bank (0.39%). Company insiders that own National-Oilwell Varco stock include Eric L Mattson, Jose A Bayardo, 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 Ruffer LLP, State of Tennessee Treasury Department, Goldman Sachs Group Inc., Marathon Asset Management LLP, Prudential Financial Inc., Pzena Investment Management LLC, Teacher Retirement System of Texas, and First Eagle Investment Management LLC. Company insiders that have sold National-Oilwell Varco company stock in the last year include Joseph W Rovig, and Scott K Duff.
View insider buying and selling activity for National-Oilwell Varco

Which institutional investors are buying National-Oilwell Varco stock?

NOV stock was acquired by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Bank of New York Mellon Corp, Aigen Investment Management LP, UBS Group AG, Marshall Wace LLP, Rafferty Asset Management LLC, BI Asset Management Fondsmaeglerselskab A S, and Polianta Ltd.
View insider buying and selling activity 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 $13.20.

How big of a company is National-Oilwell Varco?

National-Oilwell Varco has a market capitalization of $5.13 billion and generates $8.48 billion in revenue each year. The oil and gas exploration company earns $-6,095,000,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis. National-Oilwell Varco employs 35,479 workers across the globe.

What is National-Oilwell Varco's official website?

The official website for National-Oilwell Varco is 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]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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