NOV Inc.

NOV Inc.

NOV Inc. (ticker: NOV) is a manufacturer and service provider to the oil and gas industry, specialising in drilling equipment, rig systems and aftermarket services. With a market capitalisation of about $4.85 billion, NOV serves exploration and production companies, drilling contractors and national oil companies around the world. Its revenues are driven by equipment sales (rig components, well-construction tools) and recurring aftermarket services, where parts, maintenance and upgrades can provide steadier cash flow. The business is cyclical and closely linked to oil and gas activity and commodity prices, so earnings and order books can vary significantly over time. NOV has invested in drilling automation and efficiency technologies but faces industry-specific risks including project delays, commodity price swings, and regulatory and environmental pressures as energy markets evolve. This summary is educational, not investment advice; investors should assess how NOV fits their goals, risk tolerance and time horizon, and consider seeking regulated financial advice.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding NOV Inc.'s stock, which has a slight expected increase in value.

Above Average

Financial Health

NOV Inc. is performing well with solid revenue and cash flow, indicating strong operational performance.

Average

Dividend

NOV's dividend yield of 1.83% is reasonable for investors seeking some income, but it’s not very high. If you invested $1000, you would be paid $30 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring NOV

Beyond The Barrel: The Production Playbook

Beyond The Barrel: The Production Playbook

Exxon Mobil's recent earnings showed that boosting production can overcome low oil prices, highlighting a key strategy for success. This creates an investment opportunity in the companies providing the essential equipment and services that make increased oil and gas output possible.

Published: August 1, 2025

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Powering Production: The Oil Services Surge

Powering Production: The Oil Services Surge

Exxon Mobil's recent earnings beat, driven by higher production volumes in a low-price environment, highlights a key industry strategy. This creates an investment opportunity in companies that provide essential equipment and services for oil and gas exploration and production.

Published: August 1, 2025

Explore Basket

Why You’ll Want to Watch This Stock

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Cyclical growth drivers

Activity levels and prices in oil and gas drive orders and earnings, so NOV can outperform in upcycles but face headwinds in downturns.

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Global operations

Sales and service footprint spans key producing regions, offering exposure to diversified markets but also geopolitical and regional risks.

Efficiency and tech

Investments in drilling automation and aftermarket services target higher-margin, recurring revenue; performance can vary by adoption and industry cycles.

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Part of Exinity Group 2015, serving over a million customers globally.

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6% Interest on Cash

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