Trade National-Oilwell Varco, Inc - NOV CFD

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18.44

0.16%

0.12

Low: 18.31

High: 18.72

Market Trading Hours* (UTC) Opens on Friday at 13:30

Mon - Fri: 13:30 - 20:00

Summary
Historical Data
Events
Income Statement
Balance Sheet
Cash Flow

Trading сonditions

Spread

0.12

Long position overnight fee

-0.026179%

Short position overnight fee

0.003957%

Overnight fee time

21:00 (UTC)

Min traded quantity

Currency

USD

Margin

Stock exchange

United States of America

Commission on trade

*Information provided by Capital.com

Nov Inc ESG Risk Ratings

High Medium Low Negligible

‘B’ score indicates good relative ESG performance and above average degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats

Prev. Close*	18.41
Open*	18.55
1-Year Change*	-0.32%
Day's Range*	18.31 - 18.72
52 wk Range	14.05-24.83
Average Volume (10 days)	3.46M
Average Volume (3 months)	65.23M
Market Cap	7.67B
P/E Ratio	15.45
Shares Outstanding	393.93M
Revenue	8.31B
EPS	1.26
Dividend (Yield %)	1.02722
Beta	1.78
Next Earnings Date	Feb 1, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

Last Week
Last Month
Last Year
Last two Years
Max

Daily
Weekly
Monthly

Date	Close	Change	Change (%)	Open	High	Low
Apr 18, 2024	18.44	-0.01	-0.05%	18.45	18.74	18.31
Apr 17, 2024	18.41	-0.28	-1.50%	18.69	19.06	18.40
Apr 16, 2024	18.78	-0.13	-0.69%	18.91	19.05	18.61
Apr 15, 2024	19.13	-0.50	-2.55%	19.63	19.77	19.11
Apr 12, 2024	19.58	-0.46	-2.30%	20.04	20.25	19.48
Apr 11, 2024	20.02	-0.22	-1.09%	20.24	20.24	19.68
Apr 10, 2024	20.22	0.28	1.40%	19.94	20.41	19.80
Apr 9, 2024	20.19	-0.16	-0.79%	20.35	20.45	20.08
Apr 8, 2024	20.33	-0.18	-0.88%	20.51	20.66	20.28
Apr 5, 2024	20.47	0.50	2.50%	19.97	20.57	19.94
Apr 4, 2024	20.01	-0.05	-0.25%	20.06	20.26	19.88
Apr 3, 2024	20.02	0.05	0.25%	19.97	20.33	19.86
Apr 2, 2024	19.96	0.16	0.81%	19.80	20.02	19.54
Apr 1, 2024	19.65	0.35	1.81%	19.30	19.95	19.14
Mar 28, 2024	19.47	0.17	0.88%	19.30	19.75	19.30
Mar 27, 2024	19.15	0.19	1.00%	18.96	19.23	18.93
Mar 26, 2024	19.00	-0.14	-0.73%	19.14	19.29	18.96
Mar 25, 2024	19.18	0.02	0.10%	19.16	19.46	19.10
Mar 22, 2024	19.04	-0.20	-1.04%	19.24	19.39	18.98
Mar 21, 2024	19.29	0.21	1.10%	19.08	19.53	19.05

National-Oilwell Varco, Inc Events

Time (UTC)	Country	Event
Thursday, April 25, 2024
Time (UTC) 21:00	Country US	Event Q1 2024 Nov Inc Earnings Release Q1 2024 Nov Inc Earnings Release Forecast - Previous -
Friday, April 26, 2024
Time (UTC) 15:00	Country US	Event Q1 2024 Nov Inc Earnings Call Q1 2024 Nov Inc Earnings Call Forecast - Previous -
Wednesday, May 15, 2024
Time (UTC) 15:00	Country US	Event Nov Inc Annual Shareholders Meeting Nov Inc Annual Shareholders Meeting Forecast - Previous -
Thursday, May 16, 2024
Time (UTC) 15:00	Country US	Event Nov Inc Annual Shareholders Meeting Nov Inc Annual Shareholders Meeting Forecast - Previous -
Wednesday, July 24, 2024
Time (UTC) 10:59	Country US	Event Q2 2024 Nov Inc Earnings Release Q2 2024 Nov Inc Earnings Release Forecast - Previous -

View all events

Annual
Quarterly

	2022	2021	2020	2019	2018
Total revenue	7237	5524	6090	8479	8453
Revenue	7237	5524	6090	8479	8453
Cost of Revenue, Total	5903	4750	5656	7634	7009
Gross Profit	1334	774	434	845	1444
Total Operating Expense	6973	5658	8515	14758	8242
Selling/General/Admin. Expenses, Total	1070	908	968	1303	1233
Unusual Expense (Income)	0	0	1891	5821	0
Operating Income	264	-134	-2425	-6279	211
Interest Income (Expense), Net Non-Operating	9	-73	-337	-105	-50
Other, Net	-35	-23	-17	-78	-120
Net Income Before Taxes	238	-230	-2779	-6462	41
Net Income After Taxes	155	-245	-2824	-6093	-22
Minority Interest	0	-5	-5	-2	-9
Net Income Before Extra. Items	155	-250	-2829	-6095	-31
Total Extraordinary Items			287
Net Income	155	-250	-2542	-6095	-31
Income Available to Common Excl. Extra. Items	155	-250	-2829	-6095	-31
Income Available to Common Incl. Extra. Items	155	-250	-2542	-6095	-31
Diluted Net Income	155	-250	-2542	-6095	-31
Diluted Weighted Average Shares	394	386	384	382	378
Diluted EPS Excluding Extraordinary Items	0.3934	-0.64767	-7.36719	-15.9555	-0.08201
Dividends per Share - Common Stock Primary Issue	0.2	0.05		0.2	0.2
Diluted Normalized EPS	0.63969	-0.63571	-4.16628	-6.2072	-0.0459

	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022
Total revenue	2185	2093	1962	2073	1889
Revenue	2185	2093	1962	2073	1889
Cost of Revenue, Total	1717	1636	1551	1630	1521
Gross Profit	468	457	411	443	368
Total Operating Expense	2002	1912	1836	1911	1834
Selling/General/Admin. Expenses, Total	285	276	285	281	313
Unusual Expense (Income)				0
Operating Income	183	181	126	162	55
Interest Income (Expense), Net Non-Operating	-2	24	35	22	-1
Other, Net	-25	-29	-16	-43	10
Net Income Before Taxes	156	176	145	141	64
Net Income After Taxes	108	157	125	99	35
Minority Interest	6	-2	1	5	-3
Net Income Before Extra. Items	114	155	126	104	32
Net Income	114	155	126	104	32
Income Available to Common Excl. Extra. Items	114	155	126	104	32
Income Available to Common Incl. Extra. Items	114	155	126	104	32
Diluted Net Income	114	155	126	104	32
Diluted Weighted Average Shares	396	395	396	397	393
Diluted EPS Excluding Extraordinary Items	0.28788	0.39241	0.31818	0.26196	0.08142
Dividends per Share - Common Stock Primary Issue	0.05	0.05	0.05	0.05	0.05
Diluted Normalized EPS	0.28788	0.39241	0.30947	0.26727	0.18857

Annual
Quarterly

	2022	2021	2020	2019	2018
Total Current Assets	5493	4902	5209	6113	7279
Cash and Short Term Investments	1069	1591	1692	1179	1431
Cash & Equivalents	1069	1591	1692	1171	1427
Short Term Investments				8	4
Total Receivables, Net	2424	1782	1885	2498	2666
Accounts Receivable - Trade, Net	2424	1782	1885	2498	2666
Total Inventory	1813	1331	1408	2197	2986
Prepaid Expenses	187	198	224	234	194
Other Current Assets, Total				5	2
Total Assets	10135	9550	9929	13149	19796
Property/Plant/Equipment, Total - Net	2298	2360	2493	3028	2797
Property/Plant/Equipment, Total - Gross	5425	5492	5543	6011	5484
Accumulated Depreciation, Total	-3127	-3132	-3050	-2983	-2687
Goodwill, Net	1505	1527	1493	2807	6264
Intangibles, Net	490	503	527	852	3020
Long Term Investments	117	50	51	283	301
Other Long Term Assets, Total	232	208	156	66	135
Total Current Liabilities	2437	1910	1867	2247	2341
Accounts Payable	906	612	489	715	722
Accrued Expenses	1013	846	930	979	1042
Notes Payable/Short Term Debt	0	0	0	0	0
Current Port. of LT Debt/Capital Leases	33	28	28	30	7
Other Current Liabilities, Total	485	424	420	523	570
Total Liabilities	5039	4553	4719	5371	5977
Total Long Term Debt	1932	1927	2070	2239	2704
Long Term Debt	1717	1708	1834	1989	2704
Deferred Income Tax	68	66	78	140	662
Minority Interest	38	67	69	68	70
Other Liabilities, Total	564	583	635	677	200
Total Equity	5096	4997	5210	7778	13819
Common Stock	4	4	4	4	4
Additional Paid-In Capital	8754	8685	8591	8507	8390
Retained Earnings (Accumulated Deficit)	-2069	-2146	-1876	690	6862
Other Equity, Total	-1593	-1546	-1509	-1423	-1437
Total Liabilities & Shareholders’ Equity	10135	9550	9929	13149	19796
Total Common Shares Outstanding	392.833	392.673	388.255	385.887	383.427
Capital Lease Obligations	215	219	236	250

	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022
Total Current Assets	5658	5610	5422	5493	5179
Cash and Short Term Investments	513	592	774	1069	998
Cash & Equivalents	513	592	774	1069	998
Total Receivables, Net	2657	2595	2413	2424	2214
Accounts Receivable - Trade, Net	2657	2595	2413	2424	2214
Total Inventory	2277	2199	2036	1813	1755
Prepaid Expenses	211	224	199	187	212
Total Assets	10498	10446	10177	10135	9761
Property/Plant/Equipment, Total - Net	2388	2387	2346	2298	2272
Goodwill, Net	1556	1549	1549	1505	1505
Intangibles, Net	459	470	477	490	501
Long Term Investments	198	184	144	117	82
Other Long Term Assets, Total	239	246	239	232	222
Total Current Liabilities	2369	2385	2308	2437	2247
Accounts Payable	925	1007	961	906	774
Accrued Expenses	862	821	820	1013	916
Notes Payable/Short Term Debt	0	0	0	0	0
Current Port. of LT Debt/Capital Leases	36	35	34	33	30
Other Current Liabilities, Total	546	522	493	485	527
Total Liabilities	4977	5012	4934	5039	4893
Total Long Term Debt	1933	1932	1934	1932	1934
Long Term Debt	1716	1715	1719	1717	1720
Capital Lease Obligations	217	217	215	215	214
Deferred Income Tax	69	69	68	68	51
Minority Interest	46	63	65	38	62
Other Liabilities, Total	560	563	559	564	599
Total Equity	5521	5434	5243	5096	4868
Common Stock	4	4	4	4	4
Additional Paid-In Capital	8793	8773	8756	8754	8718
Retained Earnings (Accumulated Deficit)	-1734	-1828	-1963	-2069	-2154
Other Equity, Total	-1542	-1515	-1554	-1593	-1700
Total Liabilities & Shareholders’ Equity	10498	10446	10177	10135	9761
Total Common Shares Outstanding	393.927	393.777	393.728	392.833	392.805

Annual
Quarterly

	2022	2021	2020	2019	2018
Net income/Starting Line	155	-245	-2537	-6093	-22
Cash From Operating Activities	-179	291	926	714	521
Cash From Operating Activities	301	306	352	533	690
Deferred Taxes	-2	11	-65	-426	-63
Non-Cash Items	126	179	2647	6665	155
Cash Taxes Paid	117	-78	-9	144	64
Cash Interest Paid	75	76	83	85	90
Changes in Working Capital	-759	40	529	35	-239
Cash From Investing Activities	-238	-196	-144	-315	-457
Capital Expenditures	-214	-201	-226	-233	-244
Other Investing Cash Flow Items, Total	-24	5	82	-82	-213
Cash From Financing Activities	-96	-189	-259	-647	-30
Financing Cash Flow Items	-10	-20	-28	-36	0
Total Cash Dividends Paid	-78	-20	-19	-77	-76
Issuance (Retirement) of Stock, Net				-13	54
Issuance (Retirement) of Debt, Net	-8	-149	-212	-521	-8
Foreign Exchange Effects	-9	-7	-2	-8	-44
Net Change in Cash	-522	-101	521	-256	-10

	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Net income/Starting Line	125	155	56	21	-49
Cash From Operating Activities	-202	-179	-333	-227	-103
Cash From Operating Activities	77	301	225	149	74
Deferred Taxes	-2	-2	-13	-13	-3
Non-Cash Items	-31	126	177	79	72
Cash Taxes Paid	20	117	91	79	11
Cash Interest Paid	4	75	39	38	4
Changes in Working Capital	-371	-759	-778	-463	-197
Cash From Investing Activities	-52	-238	-173	-89	-49
Capital Expenditures	-57	-214	-148	-89	-46
Other Investing Cash Flow Items, Total	5	-24	-25	0	-3
Cash From Financing Activities	-41	-96	-72	-52	-36
Financing Cash Flow Items	-16	-10	-11	-11	-11
Total Cash Dividends Paid	-20	-78	-59	-39	-20
Issuance (Retirement) of Debt, Net	-5	-8	-2	-2	-5
Foreign Exchange Effects	0	-9	-15	-5	3
Net Change in Cash	-295	-522	-593	-373	-185

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National Oilwell Company profile

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.

Industry:

Oil Related Services and Equipment (NEC)

10353 Richmond Ave.
HOUSTON
TEXAS 77042
US

Income Statement

Annual
Quarterly

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