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1 Comment
NOV Inc is currently in a long term uptrend where the price is trading 1.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.1% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.8.
NOV Inc's total revenue sank by 41.8% to $1B since the same quarter in the previous year.
Its net income has increased by 9.9% to $-347M since the same quarter in the previous year.
Finally, its free cash flow fell by 67.2% to $133M since the same quarter in the previous year.
Based on the above factors, NOV Inc gets an overall score of 3/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | US62955J1034 |
Sector | Energy |
Industry | Oil & Gas Equipment & Services |
Market Cap | 4B |
---|---|
PE Ratio | 10.2 |
Target Price | 21.15 |
Beta | 1.26 |
Dividend Yield | 2.8% |
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, integral and weld-on connectors, drilling fluids, premium and wired drill pipe, drilling optimization services, tubular inspection and coating services, instrumentation, and completion downhole tools, and drill bits. It also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, tanks, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, the company provides equipment for wind turbine installation and cable lay vessels, and offers heavy lift cranes and jacking systems; equipment and technologies for drilling, including land rigs, offshore drilling equipment packages, drilling rig components, and software control systems; well intervention, including coiled tubing and wireline units and tools; cementing products for pumping, mixing, transport, and storage; and aftermarket support, spare parts, service, and repair. Further, it offers software controls and applications, and data management and analytics services. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.
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