Clay Williams - NOV Chairman

NOV Stock  USD 15.10  0.08  0.53%   

Chairman

Mr. Clay C. Williams is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Williams was a Director of the Company since November 2013 and Chairman of the Board since May 2014. Mr. Williams has served as the Companys Chief Executive Officer since February 2014 and as the Companys President since December 2012. Mr. Williams served as the Companys Chief Operating Officer from December 2012 until February 2014. Mr. Williams previously served as the Companys Executive Vice President from February 2009 and as the Companys Senior Vice President and Chief Financial Officer from March 2005, until December 2012. He served as Varcos Vice President and Chief Financial Officer from January 2003 until its merger with the Company on March 11, 2005. From May 2002 until January 2003, Mr. Williams served as Varcos Vice President Finance and Corporationrationrate Development. From February 2001 until May 2002, and from February 1997 until February 2000, he served as Varcos Vice PresidentCorporationrate Development. Mr. Williams serves as a director of Benchmark Electronics, Inc., a company engaged in providing electronic manufacturing services in the United States and internationally. Mr. Williams was an officer of a publicly traded company since 1997, occupying positions of increasing importance from VPCorporationrate Development, to Senior VP and CFO, to President and COO, to President and CEO. Mr. Williams has extensive experience with the Company and the oil service industry. Mr. Williams has an MBA degree from the University of Texas at Austin, as well as a BS degree in CivilGeological Engineering from Princeton University since 2014.
Age 62
Tenure 11 years
Address 10353 Richmond Avenue, Houston, TX, United States, 77042-4103
Phone346 223 3000
Webhttps://www.nov.com
Williams has also gained valuable outside board experience from his tenure as a director of Benchmark Electronics, Inc.

Clay Williams Latest Insider Activity

Tracking and analyzing the buying and selling activities of Clay Williams against NOV stock is an integral part of due diligence when investing in NOV. Clay Williams insider activity provides valuable insight into whether NOV is net buyers or sellers over its current business cycle. Note, NOV insiders must abide by specific rules, including filing SEC forms every time they buy or sell NOV'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

NOV Management Efficiency

The company has Return on Asset of 0.0545 % which means that on every $100 spent on assets, it made $0.0545 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1002 %, implying that it generated $0.1002 on every 100 dollars invested. NOV's management efficiency ratios could be used to measure how well NOV manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.07 in 2025. Return On Capital Employed is likely to climb to 0.10 in 2025. At this time, NOV's Asset Turnover is fairly stable compared to the past year.
NOV Inc has 2.39 B in debt with debt to equity (D/E) ratio of 0.48, which is OK given its current industry classification. NOV Inc has a current ratio of 2.26, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for NOV to invest in growth at high rates of return.

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NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 27043 people. NOV Inc (NOV) is traded on New York Stock Exchange in USA. It is located in 10353 Richmond Avenue, Houston, TX, United States, 77042-4103 and employs 34,010 people. NOV is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

NOV Inc Leadership Team

Elected by the shareholders, the NOV's board of directors comprises two types of representatives: NOV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NOV. The board's role is to monitor NOV's management team and ensure that shareholders' interests are well served. NOV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NOV's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alex Philips, Chief Officer
Brigitte Hunt, Assistant VP
Amie DAmbrosio, Director Relations
Ben Guill, Independent Director
William Thomas, Independent Director
Greg Armstrong, Lead Independent Director
Marcela Donadio, Independent Director
David Reid, Chief CTO
Mike Loucaides, Safety, Health
James Hackett, Independent Director
Jose Bayardo, Chief Financial Officer, Senior Vice President
David Harrison, Independent Director
Kirk Shelton, President - Completion and Production Solutions
Scott Duff, Chief Accounting Officer, Vice President, Corporate Controller
Robert Welborn, Independent Director
Clay Williams, Chairman of the Board, President, Chief Executive Officer
Christy Novak, Chief Accounting Officer, Vice President Controller
Isaac Joseph, President Wellbore Technologies
Eric Mattson, Independent Director
Blake McCarthy, VP Relations
Craig Weinstock, Senior Vice President, General Counsel, Secretary
Scott Livingston, President Services
Craig JD, General VP
Joseph Rovig, President of The Rig Systems and Rig Aftermarket Segments
Bonnie Houston, Chief Officer
Melody Meyer, Independent Director

NOV Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NOV a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for NOV Stock Analysis

When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.