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nov inc. - NOV

NOV

Close Chg Chg %
16.26 0.15 0.89%

Closed Market

16.40

+0.15 (0.89%)

Volume: 3.48M

Last Updated:

Nov 21, 2024, 4:00 PM EDT

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Company Overview: nov inc. - NOV

NOV Key Data

Open

$16.43

 Day Range

16.26 - 16.61

52 Week Range

14.99 - 21.23

 Market Cap

$6.33B

Shares Outstanding

389.08M

 Public Float

386.42M

Beta

1.67

 Rev. Per Employee

N/A

P/E Ratio

6.01

 EPS

$2.73

Yield

153.75%

 Dividend

$0.08

EX-DIVIDEND DATE

Dec 6, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

3.81M

  

NOV Performance

1 Week
 
 2.69%
 
1 Month
 
 4.33%
 
3 Months
 
 -8.89%
 
1 Year
 
 -14.00%
 
5 Years
 
 -24.77%
 

NOV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About nov inc. - NOV

NOV, Inc. engages in the equipment and technology to the upstream oil and gas industry. It operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment focuses on the engineering, manufacturing, and support of advanced drilling equipment packages and related capital equipment for oil and gas wells. The Wellbore Technologies segment refers to the critical technologies, equipment, and services required to maximize customer oil and gas drilling efficiencies and economics. The Completion and Production Solutions segment optimizes the well completion process and production phase of a well's lifecycle. The company was founded in 1862 and is headquartered in Houston, TX.

NOV At a Glance

NOV, Inc.
10353 Richmond Avenue
Houston, Texas 77042-4103
Phone 1-346-223-3000 Revenue 8.57B
Industry Oilfield Services/Equipment Net Income 993.00M
Sector Industrial Services 2023 Sales Growth 18.496%
Fiscal Year-end 12 / 2024 Employees 33,676
View SEC Filings

NOV Valuation

P/E Current 6.012
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 8.108
Price to Sales Ratio 0.939
Price to Book Ratio 1.295
Price to Cash Flow Ratio 56.302
Enterprise Value to EBITDA 10.382
Enterprise Value to Sales 1.13
Total Debt to Enterprise Value 0.245

NOV Efficiency

Revenue/Employee 254,543.295
Income Per Employee 29,486.875
Receivables Turnover 3.242
Total Asset Turnover 0.795

NOV Liquidity

Current Ratio 2.398
Quick Ratio 1.515
Cash Ratio 0.335

NOV Profitability

Gross Margin 21.15
Operating Margin 7.361
Pretax Margin 7.14
Net Margin 11.584
Return on Assets 9.207
Return on Equity 17.631
Return on Total Capital 11.621
Return on Invested Capital 12.57

NOV Capital Structure

Total Debt to Total Equity 38.538
Total Debt to Total Capital 27.817
Total Debt to Total Assets 21.047
Long-Term Debt to Equity 36.803
Long-Term Debt to Total Capital 26.565
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Nov Inc. - NOV

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
6.07B 5.53B 7.23B 8.57B
Sales Growth
-28.37% -9.02% +30.93% +18.50%
Cost of Goods Sold (COGS) incl D&A
5.65B 4.74B 5.91B 6.76B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
352.00M 306.00M 301.00M 302.00M
Depreciation
303.00M 263.00M 250.00M 259.00M
Amortization of Intangibles
49.00M 43.00M 51.00M 43.00M
COGS Growth
-25.85% -16.07% +24.61% +14.38%
Gross Income
423.00M 783.00M 1.32B 1.81B
Gross Income Growth
-50.70% +85.11% +69.22% +36.83%
Gross Profit Margin
+6.97% +14.17% +18.32% +21.15%
2020 2021 2022 2023 5-year trend
SG&A Expense
968.00M 908.00M 1.07B 1.18B
Research & Development
- - - -
-
Other SG&A
968.00M 908.00M 1.07B 1.18B
SGA Growth
-25.71% -6.20% +17.84% +10.47%
Other Operating Expense
- - - -
-
Unusual Expense
1.89B 9.00M 18.00M 10.00M
EBIT after Unusual Expense
(2.44B) (134.00M) 237.00M 621.00M
Non Operating Income/Expense
(256.00M) (19.00M) 79.00M 79.00M
Non-Operating Interest Income
7.00M 9.00M 19.00M 28.00M
Equity in Earnings of Affiliates
(260.00M) (5.00M) 68.00M 119.00M
Interest Expense
84.00M 77.00M 78.00M 88.00M
Interest Expense Growth
-16.00% -8.33% +1.30% +12.82%
Gross Interest Expense
84.00M 77.00M 78.00M 88.00M
Interest Capitalized
- - - -
-
Pretax Income
(2.78B) (230.00M) 238.00M 612.00M
Pretax Income Growth
+56.99% +91.72% +203.48% +157.14%
Pretax Margin
-45.76% -4.16% +3.29% +7.14%
Income Tax
(242.00M) 15.00M 83.00M (373.00M)
Income Tax - Current - Domestic
(283.00M) 3.00M (1.00M) (2.00M)
Income Tax - Current - Foreign
106.00M 23.00M 86.00M 118.00M
Income Tax - Deferred - Domestic
7.00M (1.00M) 3.00M (299.00M)
Income Tax - Deferred - Foreign
(72.00M) (10.00M) (5.00M) (190.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(260.00M) (5.00M) 68.00M 119.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(2.54B) (245.00M) 155.00M 985.00M
Minority Interest Expense
- 5.00M 5.00M (8.00M)
Net Income
(2.54B) (250.00M) 155.00M 993.00M
Net Income Growth
+58.29% +90.17% +162.00% +540.65%
Net Margin Growth
-41.86% -4.52% +2.14% +11.58%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(2.54B) (250.00M) 155.00M 993.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
(2.54B) (250.00M) 155.00M 993.00M
EPS (Basic)
-6.6198 -0.6477 0.3974 2.5267
EPS (Basic) Growth
+58.51% +90.22% +161.36% +535.81%
Basic Shares Outstanding
384.00M 386.00M 390.00M 393.00M
EPS (Diluted)
-6.6198 -0.6477 0.3934 2.5013
EPS (Diluted) Growth
+58.51% +90.22% +160.74% +535.82%
Diluted Shares Outstanding
384.00M 386.00M 394.00M 397.00M
EBITDA
(193.00M) 181.00M 556.00M 933.00M
EBITDA Growth
-319.32% +193.78% +207.18% +67.81%
EBITDA Margin
-3.18% +3.28% +7.69% +10.88%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 20.318
Number of Ratings 27 Current Quarters Estimate 0.371
FY Report Date 12 / 2024 Current Year's Estimate 1.462
Last Quarter’s Earnings 0.343 Median PE on CY Estimate N/A
Year Ago Earnings 2.329 Next Fiscal Year Estimate 1.569
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 22 19 24 25
Mean Estimate 0.37 0.31 1.46 1.57
High Estimates 0.55 0.49 1.84 2.32
Low Estimate 0.32 0.25 1.24 1.29
Coefficient of Variance 12.57 17.31 12.43 14.35

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 13 15 13
OVERWEIGHT 3 3 2
HOLD 8 5 6
UNDERWEIGHT 0 0 0
SELL 3 3 2
MEAN Overweight Overweight Overweight

Insider Actions for Nov Inc. - NOV

Date Name Shares Transaction Value
May 17, 2024 Patricia B. Melcher Director 9,550 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 Benjamin Allen Guill Director 147,891 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 Greg L. Armstrong Director 104,274 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 David D. Harrison Director 112,735 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 Eric L. Mattson Director 68,150 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 William Raymond Thomas Director 75,760 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 Robert S. Welborn Director 30,023 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 Patricia Martinez Director 9,550 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 17, 2024 Marcela E. Donadio Director 81,476 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 27, 2024 Clay C. Williams Chairman, President and CEO; Director 1,298,840 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $17.23 per share 22,379,013.20
Feb 27, 2024 Jose A. Bayardo Senior VP and CFO 469,851 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $17.23 per share 8,095,532.73
Feb 27, 2024 Scott Brandon Livingston See Remarks 91,162 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $17.23 per share 1,570,721.26
Feb 27, 2024 Joseph W. Rovig President - Energy Equipment 264,823 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $17.23 per share 4,562,900.29
Feb 27, 2024 Craig L. Weinstock Sr. VP. & Gen. Counsel 246,238 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $17.23 per share 4,242,680.74
Feb 27, 2024 Christy H. Novak VP, Corp. Controller, CAO 111,084 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $17.23 per share 1,913,977.32

Nov Inc. in the News