NOV Inc. (NOV)

About NOV Inc.

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures. Its Energy Equipment segment provides drilling equipment, such as land rigs, complete offshore drilling packages, and rig components; capital equipment, related consumables, and digital products for hydraulic stimulation, coiled tubing, and wireline services; marine and construction solutions; processing solutions for the separation and treatment of oil, gas, solids, seawater, and produced water production; flexible subsea pipe systems; cavity pumps, specialized mixers and heat exchangers; and reciprocating, multistage, and progressive cavity pumps, midstream products, including closures, transfer pumps, chokes and valves, as well as artificial lift support systems that include production BOPs and stuffing boxes. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

Super investor ownership

17 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

• Richard Pzena, PZENA INVESTMENT MANAGEMENT LLC$674.78M · 2.0% of book
• First Eagle, First Eagle Investment Management, LLC$569.20M · 0.9% of book
• Cliff Asness, AQR CAPITAL MANAGEMENT LLC$160.96M · 0.1% of book
• First Pacific Advisors, First Pacific Advisors, LP$118.58M · 1.5% of book
• Greenhaven Associates, GREENHAVEN ASSOCIATES INC$104.25M · 1.2% of book

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in NOV

Trades in NOV disclosed by members of Congress and executive-branch officials, latest first:

• Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 10 Apr 2023 · disclosed 19 May 2023
• Daniel Goldman · HouseBuy · $1,001 - $15,000 · traded 1 Mar 2023 · disclosed 17 Apr 2023
• Donna Shalala · HouseSell · $1,001 - $15,000 · traded 24 Jun 2019 · disclosed 27 Apr 2020
• Donna Shalala · HouseBuy · $1,001 - $15,000 · traded 15 Feb 2019 · disclosed 27 Apr 2020
• Bob Gibbs · HouseSell · $1,001 - $15,000 · traded 25 Nov 2015 · disclosed 30 Nov 2015

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

Common questions