Nov Inc Stock Today

NOV Stock  USD 15.99  0.01  0.06%   

Performance

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Odds Of Distress

Less than 5

 
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NOV is selling for under 15.99 as of the 28th of November 2024; that is 0.06% down since the beginning of the trading day. The stock's lowest day price was 15.92. NOV has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for NOV Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
28th of October 1996
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. The company has 389.08 M outstanding shares of which 15.16 M shares are now shorted by investors with about 4.02 days to cover. More on NOV Inc

Moving together with NOV Stock

  0.84NR Newpark ResourcesPairCorr
  0.81VTOL Bristow GroupPairCorr

Moving against NOV Stock

  0.45DWSN Dawson GeophysicalPairCorr

NOV Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanClay Williams
Thematic IdeaMachinery (View all Themes)
Business ConcentrationOil & Gas Equipment & Services, Energy, NYSE Composite, NYSE 100 Index, PHLX Oil Service, SP Midcap 400, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, Machinery, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.890.76
Fairly Up
Slightly volatile
Total Current Liabilities2.9 B2.4 B
Fairly Up
Slightly volatile
Non Current Liabilities Total2.6 B2.6 B
Slightly Down
Pretty Stable
Total Assets14.7 B11.3 B
Significantly Up
Slightly volatile
Total Current Assets6.9 B5.8 B
Fairly Up
Slightly volatile
Debt Levels
NOV can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NOV's financial leverage. It provides some insight into what part of NOV's total assets is financed by creditors.
Liquidity
NOV Inc has 2.38 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.

Net Income

1.04 Billion
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 33,676 people. NOV is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.23 B. NOV Inc runs under Energy Equipment & Services sector within Energy industry. The entity has 389.08 M outstanding shares of which 15.16 M shares are now shorted by investors with about 4.02 days to cover. NOV Inc has about 1.07 B in cash with 143 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
Check NOV Probability Of Bankruptcy
Ownership Allocation
NOV Inc maintains a total of 389.08 Million outstanding shares. The majority of NOV outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NOV Inc to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in NOV Inc. Please pay attention to any change in the institutional holdings of NOV as this could imply that something significant has changed or is about to change at the company. Also note that almost one hundred seventy-five thousand eighty-eight invesors are currently shorting NOV expressing very little confidence in its future performance.
Check NOV Ownership Details

NOV Stock Institutional Holders

InstituionRecorded OnShares
Van Eck Associates Corporation2024-06-30
4.9 M
Aqr Capital Management Llc2024-06-30
4.9 M
Amvescap Plc.2024-06-30
4.8 M
Earnest Partners Llc2024-06-30
M
Ameriprise Financial Inc2024-06-30
3.8 M
Bank Of America Corp2024-06-30
3.7 M
Artisan Partners Limited Partnership2024-09-30
3.5 M
Fidelity International Ltd2024-06-30
3.3 M
Allspring Global Investments Holdings, Llc2024-06-30
M
Pzena Investment Management, Llc2024-09-30
43 M
Vanguard Group Inc2024-09-30
38.9 M
View NOV Diagnostics

NOV Historical Income Statement

At this time, NOV's Non Recurring is fairly stable compared to the past year. Non Operating Income Net Other is likely to climb to about 49.1 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 7.9 B in 2024. View More Fundamentals

NOV Stock Against Markets

NOV Corporate Directors

Amie DAmbrosioDirector RelationsProfile
Ben GuillIndependent DirectorProfile
William ThomasIndependent DirectorProfile
Greg ArmstrongLead Independent DirectorProfile

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.