Nov Inc   (NOV)
Other Ticker:  
Price: $22.1150 $0.34 1.538%
Day's High: $22.225 Week Perf: -3.64 %
Day's Low: $ 22.04 30 Day Perf: 2.48 %
Volume (M): 54 52 Wk High: $ 24.25
Volume (M$): $ 1,183 52 Wk Avg: $17.85
Open: $21.55 52 Wk Low: $11.46

 Market Capitalization (Millions $) 8,691
 Shares Outstanding (Millions) 393
 Employees 29,593
 Revenues (TTM) (Millions $) 6,681
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) -670
 Capital Exp. (TTM) (Millions $) 212

Nov Inc
National Oilwell designs, manufactures and sells comprehensive systems, components, and equipment used in oil and gas drilling and production, as well as distributes products and provides services to the exploration and production segment of the oil and gas industry.

Our Products and Technology segment designs and manufactures complete land drilling and workover rigs, as well as drilling related systems for offshore rigs. Technology has increased the desirability of one vendor assuming responsibility for the entire suite of components used in the drilling process, as mechanical and hydraulic components are replaced by or augmented with integrated computerized systems. In addition to traditional components such as drawworks (the hoisting winch used to raise and lower drill pipe), mud pumps (used to circulate drilling fluids), top drives (used to turn drill pipe), derricks, cranes, jacking and mooring systems (used to raise and lower offshore jackup drilling rigs and anchor floating drilling rigs), and other structural components, we provide automated pipehandling, control and electrical power systems. We have also developed new technology for drawworks and mud pumps applicable to the highly demanding offshore markets.

Our Petroleum Services & Supplies segment provides a variety of consumable goods and services used to drill, complete, remediate and workover oil and gas wells and service pipelines, flowlines and other oilfield tubular goods. The segment manufactures, rents and sells a variety of products and equipment used to perform drilling operations, including transfer pumps, solids control systems, drilling motors and other downhole tools, rig instrumentation systems, and mud pump consumables. Demand for these services and supplies is determined principally by the level of oilfield drilling and workover activity by drilling contractors, major and independent oil and gas companies, and national oil companies. Oilfield tubular services include the provision of inspection and internal coating services and equipment for drillpipe, linepipe, tubing, casing and pipelines; and the design, manufacture and sale of coiled tubing pipe and advanced composite pipe for application in highly corrosive environments. The segment sells its tubular goods and services to oil and gas companies; drilling contractors; pipe distributors, processors and manufacturers; and pipeline operators. This segment has benefited from several strategic acquisitions and other investments completed during the past few years, including operations in Canada, the United Kingdom, China, Kazakhstan, and Mexico.

Non-capital revenue sources within our Products and Technology segment include drilling motors and specialized downhole tools that are sold or rented, spare parts and service on the large installed base of our equipment, expendable parts for mud pumps and other equipment, and smaller downhole, progressive cavity and transfer pumps.

Our Distribution Services segment provides maintenance, repair and operating supplies and spare parts to drill site and production locations throughout North America and to offshore contractors worldwide. Increasingly, this business also is expanding to locations outside North America, including the Middle East, Southeast Asia, and South America. Using our information technology platforms and processes, we can provide complete procurement, inventory management, and logistics services to our customers.

The oilfield services and equipment industry is highly competitive and our revenues and earnings can be affected by price changes, introduction of new technologies and products and improved availability and delivery. Our Products and Technology business segment competes with several companies in North America that have drilling products that compete directly with certain of our products. Our Distribution Services business segment competes with various smaller regional competitors who may have strong direct ties with smaller or decentralized drilling and production companies and other multinational distribution companies on the basis of service and price. None of these competing companies dominate in any of the business segments or geographic areas in which we operate.

   Company Address: 7909 Parkwood Circle Drive Houston 77036 TX
   Company Phone Number: 341-4802   Stock Exchange / Ticker: NYSE NOV
   NOV is expected to report next financial results on February 10, 2023.

Customers Net Income grew by NOV's Customers Net Profit Margin grew to

268.11 %

18.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
DRQ   -8.85%    
FET   -2.54%    
FTI        2.47% 
NR      0% 
OIS   -8.68%    
• View Complete Report

Devon Energy Corp

The company disclosed for the shareholders very pleasant earnings, during the financial time-frame ending September 30 2022

Devon Energy Corp delivered very impressive earnings in the financial time-frame ending September 30 2022, where Sales soared by 56.722 % to $5.43 billions, while company's EPS elevated on the another level by 132.26 % to $2.88 per share, from the corresponding quarter a year prior.