NOV (NYSE: NOV)
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NOV Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
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NOV Company Info
NOV, Inc. provides equipment and technology to the upstream oil and gas industry. It operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment focuses on the engineering, manufacturing, and support of advanced drilling equipment packages and related capital equipment for oil and gas wells. It also designs, builds, installs, and supports renewable energy equipment and technology, with a focus on wind and solar. The Wellbore Technologies segment is involved in the critical technologies, equipment, and services required to maximize customer oil and gas drilling efficiencies and economics. The Completion and Production Solutions segment optimizes the well completion process and production phase of a well’s lifecycle. The company was founded in 1862 and is headquartered in Houston, TX.
News & Analysis
It's a relatively small part of the overall market now, but favorable tailwinds helped push it higher.
Shares of the energy services and supplies company took off after its quarterly results, even though they were rough reading.
Low crude prices and soft demand have crushed the bottom lines of these energy industry service providers.
Some stocks suffered big losses on Tuesday after reporting earnings. AMD beat estimates in the afternoon, setting itself up for a rally on Wednesday.
The oil market downturn is taking a big bite out of the equipment company's business.
Crude prices are giving back some of their recent gains.
The recovery among these oilfield services stocks was tepid. Here's why.
With most of the oilfield services giant's customers pulling back capital spending for 2020, what's ahead for the company's financing?
Valuation
Earnings Transcripts
NOV earnings call for the period ending September 30, 2021.
NOV earnings call for the period ending June 30, 2021.
NOV earnings call for the period ending March 31, 2021.
NOV earnings call for the period ending December 31, 2020.
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