NOV Inc. is an independent equipment and technology provider to the global energy industry. The Company’s segments include Energy Equipment, and Energy Products and Services. Its Energy Products and Services segment provides a variety of technologies used primarily to perform drilling and well completion operations and offers services that optimize their performance. Its Energy Products and Services segment designs, manufactures, rents, and sells equipment and products for drilling, intervention, completion, and production activities, including drill bits, downhole tools, premium drill pipe, drilling fluids, managed pressure drilling, integral and weld-on connectors for conductor strings and surface casing, completion tools, and artificial lift systems. Its Energy Equipment segment manufactures and supports the capital equipment and integrated systems needed for oil and gas exploration and production, both onshore and offshore, as well as for other marine-based and industrial markets.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 22.56% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 309.68.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 17.01%.
Undervalued
The company’s latest PB is 0.76, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 397.61M shares, decreasing 7.84% quarter-over-quarter.
Held by Azvalor Blue Chips FI
Star Investor Azvalor Blue Chips FI holds 6.08M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.17.