Trade National-Oilwell Varco, Inc - NOV CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.08
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.022207 %(-$4.44)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02221%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000015 %(-$0.00)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00002%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.022207 %
  (-$4.44)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000015 %
  (-$0.00)

Key Stats

• Prev. Close: 19.87
• Open: 19.92
• 1-Year Change: 51.83%
• Day's Range: 19.71 - 19.92

Trade National-Oilwell Varco, Inc - NOV

National Oilwell Varco (NOV) is a US company engaged in gas and oil drilling equipment production. The company’s products are used in drilling, oilfield services, the oil and gas industry, etc. The business has operations in over 1,200 locations and has a presence across six continents. The company’s headquarters are based in Houston, Texas, and they employ almost 40,000 people.

 

National Oilwell Varco is split into four business units: Rig Systems, Completion and Production Solutions, Rig Aftermarket, and Wellbore Technologies.

 

The product portfolio includes:

• Oil well drilling hardware (topdrives, drawworks, rotaries, BOPs, derricks, riser equipment, mud pumps, drilling rigs)

• Other drilling tools (power generation, control system Cyberbase, etc.)

Houston Business Journal Research named National Oilwell Varco the biggest energy employer in the Houston area.

 

Segments

NOV Rig Systems is responsible for automation improvement. The unit designs and develops smarter drilling technologies to stay ahead of the industry.

NOV Rig Aftermarket The unit produces high quality aftermarket products and services, and increases uptime and elevate drilling solutions performance worldwide. It produces and distributes land rigs, drilling rig components, offshore drilling packages. The division’s technologies and equipment are power transmission systems, substructures, masts, derricks, pipe lifting, cranes, control systems, etc.

Wellbore Technologies is engaged into the operational production. The unit develops fluid control systems, tubular inspection services, etc. The division’s services and technologies are automation and drilling oprimisation services, monitoring and measuring systems, downhole tools, drill bits, waste management equipment, drilling fluids, wired pipe accessories, hole openers, and fishing tools.

NOV Completion and Production Solutions serves gas and oil producers and intervention service providers. It produces equipment and technologies used in hydraulic fracture stimulation. Here the portfolio includes pumping trucks, sanders, blenders, injection units, hydration units, flowline, wellheads, and well intervention.

 

History

The company was born from a series of mergers. In 1987, National Supply and USS Oilwell joined forces to form National Oilwell. Later, in 2000 National Oilwell teamed up with IRI International Corp.

 

In 2005, National Oilwell merged with Varco and that’s how National Oilwell Varco appeared.

 

Competitors

The company competes with Aker Solutions, MHWirth, American Block, American Electric Technologies, Bomco, Cavins Oil Well Tools, Nabors Industries, Trevi Group, Forum Energy Technologies and others.

 

Listing information

National Oilwell Varco (NOV) shares are listed on the New York Stock Exchange (NYSE). The company’s stock constitutes the S&P 500 market index. To learn the latest National Oilwell Varco share price, follow Capital.com.