Craft

NOV

Stock Price

$15.4

2024-10-29

Market Capitalization

$6 B

2024-10-29

Revenue

$8.9 B

FY, 2024

NOV Summary

Company Summary

Overview
NOV (formerly known as National Oilwell Varco) is a company specializing in the design, manufacture, and sale of equipment and components used in oil and gas drilling. It operates through three segments: Wellbore Technologies, Completion and Production Solutions, and Rig Technologies. Wellbore Technologies provides intervention and drilling equipment, tubular coating, drill-pipe connectors, rotary steerable systems, sensor networks, and other solutions. The Completion and Production Solutions segment offers centrifugal pumps, valves, seats, flowline equipment, high-end composite piping systems, integral and weld-on connectors, cavity pumps, etc. Rig Technologies engineers, manufacture, and support advanced drilling equipment packages and related capital equipment for oil and gas wells, as well as designs, builds, installs, and supports renewable energy equipment and technology, with a focus on wind and solar.
Type
Public
Status
Active
Founded
1862
HQ
Houston, TX, US | view all locations
Website
https://www.nov.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Clay C. Williams

    Clay C. Williams, President, Chairman, and Chief Executive Officer

    • Alex Philips

      Alex Philips, Chief Information Officer

    • Bonnie Houston

      Bonnie Houston, Chief Administrative Officer

    • David Reid

      David Reid, Chief Technology Officer and Chief Marketing Officer

    Operating MetricsView all

    Facilities

    548
    1.1%

    FY, 2023

    Service Centers

    110
    8.9%

    FY, 2023

    Backlog

    $4B
    11.7%

    Q1, 2024

    LocationsView all

    60 locations detected

    • Houston, TX HQ

      United States

      10353 Richmond Ave.

    • Bakersfield, CA

      United States

      3100 Steam Ct

    • Casper, WY

      United States

      3273 North Poplar

    • Houston, TX

      United States

      11919, 11929, 11931 FM 529 Road

    • Houston, TX

      United States

      12000 W Little York Rd

    • Lindsay, OK

      United States

      1215 SE 4th Hwy 76 South

    and 54 others

    NOV Financials

    Summary Financials

    Revenue (FY, 2024)
    $8.9B
    Gross profit (FY, 2024)
    $2.0B
    Net income (FY, 2024)
    $635.0M
    Cash (FY, 2024)
    $1.2B
    EBIT (FY, 2024)
    $876.0M
    Enterprise value
    $6.5B

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