NOV Inc. (NOV)
Energy · Oil and gas equipment manufacturing and oilfield services
NOV is a leading global equipment and technology provider to the oil and gas industry with over 160 years of expertise in drilling, completion, production, and alternative energy solutions.
What NOV Inc. does
NOV designs, manufactures, and sells specialized equipment and technologies for oil and gas drilling, completion, and production activities across onshore and offshore environments. The company operates through two segments: Energy Products and Services, which produces drill bits, downhole tools, drilling fluids, completion tools, artificial lift systems, and composite pipe; and Energy Equipment, which manufactures drilling rigs, subsea production systems, hydraulic fracture equipment, and well intervention tools. NOV also provides digital solutions, software, and remote monitoring services to optimize drilling and production operations, and increasingly develops technologies for alternative and renewable energy applications.
Themes: ["Oil and gas drilling equipment","Offshore production systems","Well completion and intervention","Drilling automation and digital solutions","Alternative and renewable energy technologies","Deepwater and unconventional resource development"]
Fundamentals
- Price$18.43 as of 2026-07-09 close
- Market cap$6.6B as of 2026-07-10
- 1-year return+37.3% as of 2026-07-09 close
- P/E72.68 as of 2026-07-10
- Net margin+1.1% as of 2026-07-10
- Gross margin+20.3% as of 2026-07-10
- ROE+1.4% as of 2026-07-10
- Debt / equity0.32 as of 2026-07-10
- Revenue growth (YoY)-1.4% as of 2026-07-10
- Revenue CAGR (3y)+6.5% SEC XBRL
- Beta0.95 as of 2026-07-10
Dividend: yield +1.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["High dependence on oil and gas drilling activity levels and commodity price volatility, with demand directly tied to rig counts, well drilling volume, and customer capital expenditure decisions that fluctuate significantly.","Significant backlog execution and contract risks including potential customer financial stress, cost estimation errors, supply chain disruptions, inflation impacts, and unfavorable market conditions that could lead to project delays or cancellations.","Geopolitical and regulatory headwinds including export sanctions, trade restrictions, tariffs (particularly on steel), geopolitical conflicts affecting supply chains, and evolving climate and emissions regulations that could impact customer demand and manufacturing costs."]
Competitors & peers
- Baker Hughes (BKR)
- Halliburton (HAL)
- Schlumberger (SLB)
- TechnipFMC (FTI)
- Superior Energy Services
- Nabors Industries (NBR)
- Weatherford International
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.