NOV (NOV) Stock Price, News & Analysis

Company Overview

National Oilwell Varco (NOV) is a leading provider of advanced technology, equipment, and services to the global oil and gas industry. Formed through the merger of National Oilwell and Varco International in 2005, NOV has established itself as a go-to partner for operators and drilling contractors seeking comprehensive solutions that span the full life cycle of oilfield operations. The company’s integrated approach covers everything from initial well planning and rig design to production enhancement and decommissioning support.

NOV’s product portfolio includes drilling and production equipment, rig instrumentation, and wellbore technologies designed to optimize efficiency and safety. Its extensive range of top drives, mud pumps, blowout preventers, and downhole tools is complemented by cutting-edge digital solutions that enhance real-time monitoring and automation. By combining mechanical expertise with advanced data analytics, NOV helps clients reduce nonproductive time, lower operating costs, and manage environmental risk throughout drilling and intervention campaigns.

Beyond equipment, NOV delivers a broad spectrum of field services, aftermarket parts, and training programs. Its global network of service centers provides rapid response maintenance, inspections, and upgrades, ensuring that critical assets remain operational and compliant with evolving industry standards. The company’s rental fleet and parts distribution channels support customers with flexible, on-demand access to essential components, while technical training facilities help field personnel adopt best practices in equipment handling and safety procedures.

Headquartered in Houston, Texas, NOV operates manufacturing and service facilities across six continents, serving clients in North America, Latin America, the Middle East, Europe, Africa, and the Asia-Pacific region. Under the leadership of President and CEO Clay C. Williams, the company has maintained a strategic focus on innovation, operational excellence, and sustainability. With decades of industry heritage and a commitment to technological advancement, NOV continues to shape the future of oilfield operations worldwide.

Key Stats

• Today's Range: $13.04 to $13.24
• 50-Day Range: $11.63 to $13.83
• 52-Week Range: $10.84 to $21.20
• Volume: 2.51 million shs
• Average Volume: 4.12 million shs
• Market Capitalization: $5.07 billion
• P/E Ratio: 9.00
• Dividend Yield: 2.22%
• Price Target: $17.38
• Consensus Rating: Hold

NOV Stock Analysis - MarketRank™

NOV scored higher than 97% of companies evaluated by MarketBeat, and ranked 22nd out of 267 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

NOV has received a consensus rating of Hold. The company's average rating score is 2.26, and is based on 8 buy ratings, 8 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

NOV has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 17.86%

Earnings Growth

Earnings for NOV are expected to grow by 17.86% in the coming year, from $1.40 to $1.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NOV is 9.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of NOV is 9.00, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 61.36.

Price to Earnings Growth Ratio

NOV has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NOV has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.33% of the float of NOV has been sold short.

Short Interest Ratio / Days to Cover

NOV has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in NOV has recently decreased by 2.95%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

NOV pays a meaningful dividend of 2.29%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

NOV has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of NOV is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NOV will have a dividend payout ratio of 18.18% next year. This indicates that NOV will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -6.69

Percentage of Shares Shorted

7.33% of the float of NOV has been sold short.

Short Interest Ratio / Days to Cover

NOV has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in NOV has recently decreased by 2.95%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.08

News Sentiment

NOV has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for NOV this week, compared to 24 articles on an average week.

Search Interest

Only 8 people have searched for NOV on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

MarketBeat Follows

1 people have added NOV to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NOV insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.08% of the stock of NOV is held by insiders.

Percentage Held by Institutions

93.27% of the stock of NOV is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NOV Stock Analysis - Frequently Asked Questions

How have NOV shares performed this year?

NOV's stock was trading at $14.60 on January 1st, 2025. Since then, NOV shares have decreased by 7.5% and is now trading at $13.50.

How were NOV's earnings last quarter?

NOV Inc. (NYSE:NOV) released its quarterly earnings data on Monday, April, 28th. The oil and gas exploration company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.25 by $0.06. NOV's revenue for the quarter was down 2.4% compared to the same quarter last year.
Read the conference call transcript.

Does NOV have any subsidiaries?

NOV subsidiaries include Fjords Processing AS, Robbins & Myers Inc, Fiberspar, Wilson International, Enerflow Industries, NKT Flexibles I/S, STSA, and others.

How do I buy shares of NOV?

Shares of NOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NOV own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NOV investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 4/28/2025
• Ex-Dividend for 6/13 Dividend: 6/02/2025
• Record date for 6/13 Dividend: 6/03/2025
• Dividend Payable: 6/13/2025
• Record date for 6/27 Dividend: 6/13/2025
• Ex-Dividend for 6/27 Dividend: 6/13/2025
• Dividend Payable: 6/27/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 7/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL FLD MCH&EQP
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:NOV
• CIK: 1021860
• Web: www.nov.com
• Phone: (346) 223-3000
• Fax: 713-375-3994
• Employees: 34,010
• Year Founded: 1862

Price Target and Rating

• Average Stock Price Target: $17.38
• High Stock Price Target: $23.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +28.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.26
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.50
• Trailing P/E Ratio: 9.00
• Forward P/E Ratio: 9.64
• P/E Growth: 3.28
• Net Income: $635 million
• Net Margins: 6.68%
• Pretax Margin: 8.92%
• Return on Equity: 9.11%
• Return on Assets: 5.19%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 2.65
• Quick Ratio: 1.76

Sales & Book Value

• Annual Sales: $8.87 billion
• Price / Sales: 0.57
• Cash Flow: $2.60 per share
• Price / Cash Flow: 5.20
• Book Value: $16.52 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 375,740,000
• Free Float: 367,923,000
• Market Cap: $5.07 billion
• Optionable: Optionable
• Beta: 1.28