Company NOV Inc.

Equities

NOV

US62955J1034

Oil Related Services and Equipment

Market Closed - Nyse 04:00:02 2024-04-19 pm EDT 5-day change 1st Jan Change
18.75 USD +1.35% Intraday chart for NOV Inc. -4.48% -7.54%

Business Summary

NOV Inc. is an independent equipment and technology provider to the global energy industry. The Company operates through two segments: Energy Equipment, and Energy Products and Services. Its engineering knowhow, global supply chain management, manufacturing, and energy infrastructure development support provides capabilities to assist customers with energy transition advancement. It is also a geothermal equipment and technology provider, offering an array of tools and equipment specifically designed for the ultra-harsh conditions associated with geothermal development. Additionally, the Company is an equipment and technology provider for purpose-built vessels used to build, install, and maintain offshore wind towers and turbines. The Company is engaged in the development and commercialization of novel products and technologies to improve the efficiencies and economics of land and offshore-based wind, geothermal power generation, and carbon capture and sequestration.

Number of employees: 33,676

Sales per Business

USD in Million2022Weight2023Weight Delta
Wellbore Technologies
37.0 %
2,777 38.4 % 3,172 37.0 % +14.22%
Completion & Production Solutions
35.3 %
2,588 35.8 % 3,034 35.3 % +17.23%
Rig Technologies
30.4 %
2,034 28.1 % 2,608 30.4 % +28.22%
Eliminations and Corporate
-2.7 %
-162 -2.2 % -231 -2.7 % +42.59%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
34.2 %
2,603 36.0 % 2,933 34.2 % +12.68%
Other Countries
25.1 %
2,152 29.7 % 2,152 25.1 % 0.00%
Saudi Arabia
8.5 %
488 6.7 % 729 8.5 % +49.39%
Brazil
7.0 %
495 6.8 % 605 7.0 % +22.22%
Norway
5.5 %
351 4.9 % 473 5.5 % +34.76%
Canada
3.8 %
277 3.8 % 324 3.8 % +16.97%
United Kingdom
3.2 %
199 2.7 % 277 3.2 % +39.20%
China
2.9 %
296 4.1 % 248 2.9 % -16.22%
Argentina
2.9 %
-- 247 2.9 % -
United Arab Emirates
2.6 %
157 2.2 % 224 2.6 % +42.68%
Australia
2.5 %
-- 211 2.5 % -
Denmark
1.9 %
0 0.0 % 160 1.9 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 61 05-02-28
Director of Finance/CFO 52 15-08-27
Chief Tech/Sci/R&D Officer - 97-10-31
Chief Administrative Officer - 04-12-31
Chief Tech/Sci/R&D Officer - -
Comptroller/Controller/Auditor - 21-10-31
General Counsel 65 13-09-30
Corporate Officer/Principal - -
Corporate Officer/Principal 63 01-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 61 05-02-28
Director/Board Member 64 Jan. 16
Director/Board Member 73 98-12-31
Director/Board Member 65 05-02-28
Director/Board Member 77 03-07-31
Director/Board Member 72 05-02-28
Director/Board Member 71 15-11-01
Director/Board Member 51 21-10-19
Director/Board Member 69 14-04-07

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 395,484,511 392,936,553 ( 99.36 %) 0 99.36 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
9.945 %
39,182,530 9.945 % 765 M $
First Eagle Investment Management LLC
9.304 %
36,658,180 9.304 % 716 M $
BlackRock Advisors LLC
9.088 %
35,805,944 9.088 % 699 M $
Pzena Investment Management, Inc.
7.900 %
31,126,144 7.900 % 608 M $
Fidelity Management & Research Co. LLC
5.617 %
22,130,051 5.617 % 432 M $
Hotchkis & Wiley Capital Management LLC
5.615 %
22,123,795 5.615 % 432 M $
14,091,938 3.577 % 275 M $
Barings (UK) Ltd.
2.114 %
8,330,555 2.114 % 163 M $
T. Rowe Price International Ltd.
2.044 %
8,054,145 2.044 % 157 M $
Thrivent Asset Management LLC
2.002 %
7,888,866 2.002 % 154 M $

Company contact information

NOV, Inc.

10353 Richmond Avenue

77042-4103, Houston

+346 223 3000

http://www.nov.com
address NOV Inc.(NOV)

Group companies

NameCategory and Sector
Oilfield Services/Equipment
Oilfield Services/Equipment
Industrial Machinery
Environmental Services
Engineering & Construction
Oilfield Services/Equipment
Oilfield Services/Equipment
Oilfield Services/Equipment
Trucks/Construction/Farm Machinery