national oilwell varco (nyse: nov) is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations, and the provision of oilfield services to the oil and gas industry. every day, thousands of the industry’s best minds put more than 150 years of experience to work to help our customers achieve lasting success. our partnership with our customers has led to the innovation of some of the highest quality products on the market. through our broad capabilities and vision, nov’s family of companies is positioned and ready to serve the needs of this challenging, evolving industry. nov has the technical expertise, advanced equipment and readily available support necessary for our customers’ success.
Company profile
Ticker
NOV
Exchange
Website
CEO
Clay Williams
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NATIONAL OILWELL INC, NATIONAL OILWELL VARCO INC
SEC CIK
Corporate docs
Subsidiaries
Acker Holdings LLC • Advanced Wirecloth, S. de R.L. de C.V. • American Pipe and Construction International • Ameron B.V. • Ameron International Corporation • Ameron Pole Products LLC • Ameron Polyplaster Industria E Comercio de Tubos Ltda. • Ameron Singapore Holding, LLC • Andergauge Limited • Andergauge Redback, LLC ...
IRS number
760475815
NOV stock data
Latest filings (excl ownership)
8-K
NOV Appoints Patricia Martinez to the Board of Directors
6 Mar 24
10-K
2023 FY
Annual report
14 Feb 24
8-K
NOV Reports Fourth quarter and Full Year 2023 eARNINGS
2 Feb 24
8-K
NOV Appoints Patricia Melcher to the Board of Directors
17 Jan 24
8-K
Departure of Directors or Certain Officers
4 Dec 23
8-K
NOV Announces Retirements and Appointments of Officers and Consolidation of Operational Segment Structure
27 Oct 23
10-Q
2023 Q3
Quarterly report
27 Oct 23
8-K
NOV Reports third quarter 2023 eARNINGS
27 Oct 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
8-K
NOV Reports second quarter 2023 eARNINGS
27 Jul 23
Transcripts
NOV
Earnings call transcript
2023 Q4
2 Feb 24
NOV
Earnings call transcript
2023 Q3
27 Oct 23
NOV
Earnings call transcript
2023 Q2
27 Jul 23
NOV
Earnings call transcript
2023 Q2
27 Jul 23
NOV
Earnings call transcript
2023 Q1
27 Apr 23
NOV
Earnings call transcript
2022 Q4
7 Feb 23
NOV
Earnings call transcript
2022 Q3
28 Oct 22
NOV
Earnings call transcript
2022 Q2
28 Jul 22
NOV
Earnings call transcript
2022 Q1
29 Apr 22
NOV
Earnings call transcript
2021 Q4
4 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 513.00 mm | 513.00 mm | 513.00 mm | 513.00 mm | 513.00 mm | 513.00 mm |
Cash burn (monthly) | 26.33 mm | 40.42 mm | (no burn) | (no burn) | (no burn) | 6.67 mm |
Cash used (since last report) | 157.62 mm | 241.92 mm | n/a | n/a | n/a | 39.90 mm |
Cash remaining | 355.38 mm | 271.08 mm | n/a | n/a | n/a | 473.10 mm |
Runway (months of cash) | 13.5 | 6.7 | n/a | n/a | n/a | 71.0 |
Institutional ownership, Q3 2023
92.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 360 |
Opened positions | 52 |
Closed positions | 47 |
Increased positions | 107 |
Reduced positions | 135 |
13F shares | Current |
---|---|
Total value | 7.59 tn |
Total shares | 363.90 mm |
Total puts | 603.00 k |
Total calls | 914.20 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 39.17 mm | $818.72 bn |
BLK Blackrock | 37.87 mm | $791.45 bn |
First Eagle Investment Management | 36.74 mm | $767.89 bn |
Pzena Investment Management | 34.61 mm | $723.43 bn |
Hotchkis & Wiley Capital Management | 22.68 mm | $474.03 bn |
FMR | 18.51 mm | $386.96 bn |
STT State Street | 14.23 mm | $297.40 bn |
AMP Ameriprise Financial | 13.22 mm | $276.24 bn |
T. Rowe Price | 9.41 mm | $195.35 bn |
Thrivent Financial For Lutherans | 7.93 mm | $164.71 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Feb 24 | Craig L. Weinstock | Common Stock | Payment of exercise | Dispose F | No | No | 17.23 | 2,563 | 44.16 k | 246,238 |
23 Feb 24 | Clay C Williams | Common Stock | Payment of exercise | Dispose F | No | No | 17.23 | 13,563 | 233.69 k | 1,298,840 |
23 Feb 24 | Christy Lynn Novak | Common Stock | Payment of exercise | Dispose F | No | No | 17.23 | 2,379 | 40.99 k | 111,084 |
23 Feb 24 | Jose A Bayardo | Common Stock | Payment of exercise | Dispose F | No | No | 17.23 | 4,220 | 72.71 k | 469,851 |
News
Arcosa Illuminates Its Portfolio with $180M Ameron Pole Products Acquisition
11 Mar 24
Arcosa Announces Agreement To Acquire Ameron Pole Products From NOV Inc. For $180M In Cash
11 Mar 24
Piper Sandler Maintains Neutral Rating for NOV: Here's What You Need To Know
20 Feb 24
In-Depth Examination Of 5 Analyst Recommendations For NOV
6 Feb 24
RBC Capital Reiterates Sector Perform on NOV, Maintains $24 Price Target
6 Feb 24
Press releases
NOV Appoints Patricia Martinez to the Board of Directors
6 Mar 24
NOV Declares Regular Quarterly Dividend
15 Feb 24
NOV Reports Fourth Quarter and Full Year 2023 Earnings
1 Feb 24
NOV Appoints Patricia Melcher to the Board of Directors
17 Jan 24
NOV Announces Fourth Quarter and Full Year 2023 Earnings Conference Call
3 Jan 24