NOV, 2/6-3/15, 9.5% profitOn 2/1/2024, NOV Inc. (NOV) reported earnings of $0.54 per share on revenue of $2.34 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.41 per share on revenue of $2.26 billion.
2.53USD
993.00 MUSD
8.57 BUSD
390.43 M
About NOV Inc.
Sector
Industry
CEO
Clay C. Williams
Website
Headquarters
Houston
Employees (FY)
33.68 K
Founded
1862
ISIN
US62955J1034
FIGI
BBG000BJX8C8
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 - Our favourite pick You can't ask for more.
There are earnings in a week so lets hope they go quietly, we don't want any major swings. Let's see what happens and we will be back shortly with an update.
Its funny because we've been analysing NVO closely and I accidentally typed NOV, just to get one of the best looki
$NOV Looking Healthy This MorningBouncing off the 200 day moving average today, let's see where it's headed! Aiming for 26$ in the short term for a swing.
NOV - Up Channel MoveUp Channel in grey
I expect a move up like was seen earlier in the channel development
Placed bars patterns to show my thoughts roughly on price evolution in green
Bullish on this timeframe
$NOV - Oil Drilling Equipment SupplierIf you missed out on the oil and crude plays of recent weeks, this play might be for you.
Oil drillers are allegedly feeling the pain of a worker shortage, and drilling equipment shortage.
According to CNN , "They can't find people, and can't find equipment," said Robert McNally, president of co
$NOV long idea$NOV is a leading company in the oil and gas drilling equipment and as we all know the US must start ramping up oil and gas production in order to relieve some of the pressure we see at the pump. The market might start pricing in some government funding towards oil drilling which requires heavy equi
NOV: 1-2yr Covered Call StrategyReasons for likely recovery :
Fundamental Analysis
- NOV suffered under major commerce COVID restrictions' impact on petro use.
- NOV is poised to recover with the opening of commerce. Petro sector is critical for both recovery and any developments in the ALT energy sectors.
- NOV supplies the
See all ideas
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Frequently Asked Questions
The current price of NOV is 18.72 USD — it has increased by 1.17% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange NOV Inc. stocks are traded under the ticker NOV.
NOV Inc. is going to release the next earnings report on Apr 25, 2024. Keep track of upcoming events with our Earnings Calendar.
NOV stock is 2.57% volatile and has beta coefficient of 0.47. Check out the list of the most volatile stocks — is NOV Inc. there?
One year price forecast for NOV Inc. has a max estimate of 31.00 USD and a min estimate of 17.00 USD.
NOV earnings for the last quarter are 0.27 USD per share, whereas the estimation was 0.35 USD resulting in a −23.23% surprise. The estimated earnings for the next quarter are 0.41 USD per share. See more details about NOV Inc. earnings.
NOV Inc. revenue for the last quarter amounts to 2.19 B USD despite the estimated figure of 2.13 B USD. In the next quarter revenue is expected to reach 2.26 B USD.
Yes, you can track NOV Inc. financials in yearly and quarterly reports right on TradingView.
NOV stock has fallen by 7.67% compared to the previous week, the month change is a 0.66% fall, over the last year NOV Inc. has showed a 1.83% increase.
NOV net income for the last quarter is 598.00 M USD, while the quarter before that showed 114.00 M USD of net income which accounts for 424.56% change. Track more NOV Inc. financial stats to get the full picture.
Today NOV Inc. has the market capitalization of 7.29 B, it has increased by 1.80% over the last week.
Yes, NOV dividends are paid quarterly. The last dividend per share was 0.05 USD. As of today, Dividend Yield (TTM)% is 1.08%. Tracking NOV Inc. dividends might help you take more informed decisions.
NOV Inc. dividend yield was 0.99% in 2023, and payout ratio reached 8.00%. The year before the numbers were 0.96% and 50.84% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, NOV shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NOV Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 33.68 K employees. See our rating of the largest employees — is NOV Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NOV Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NOV Inc. stock shows the sell signal. See more of NOV Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on NOV Inc. future price: according to them, NOV price has a max estimate of 31.00 USD and a min estimate of 17.00 USD. Read a more detailed NOV Inc. forecast: see what analysts think of NOV Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NOV Inc. EBITDA is 933.00 M USD, and current EBITDA margin is 10.88%. See more stats in NOV Inc. financial statements.