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Upturn AI SWOT - About
NOV 
NOV Inc. (NOV)
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Upturn Advisory Summary
02/24/2025: NOV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -41.19% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/24/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.87B USD | Price to earnings Ratio 9.63 | 1Y Target Price 18.87 |
Price to earnings Ratio 9.63 | 1Y Target Price 18.87 | ||
Volume (30-day avg) 4158284 | Beta 1.68 | 52 Weeks Range 13.70 - 20.89 | Updated Date 04/1/2025 |
52 Weeks Range 13.70 - 20.89 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.97% | Basic EPS (TTM) 1.6 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.16% | Operating Margin (TTM) 19.45% |
Management Effectiveness
Return on Assets (TTM) 5.45% | Return on Equity (TTM) 10.02% |
Valuation
Trailing PE 9.63 | Forward PE 10.59 | Enterprise Value 7024433287 | Price to Sales(TTM) 0.66 |
Enterprise Value 7024433287 | Price to Sales(TTM) 0.66 | ||
Enterprise Value to Revenue 0.79 | Enterprise Value to EBITDA 5.55 | Shares Outstanding 380820000 | Shares Floating 377594267 |
Shares Outstanding 380820000 | Shares Floating 377594267 | ||
Percent Insiders 0.87 | Percent Institutions 105.22 |
Analyst Ratings
Rating 3.58 | Target Price 19.46 | Buy 7 | Strong Buy 6 |
Buy 7 | Strong Buy 6 | ||
Hold 10 | Sell 2 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
NOV Inc.
Company Overview
History and Background
NOV Inc., formerly known as National Oilwell Varco, was formed in 1995 through the merger of National Oilwell and Varco International. Its roots trace back even further to the 1800s. The company has grown significantly through acquisitions and organic growth, becoming a leading provider of equipment and services to the oil and gas industry.
Core Business Areas
- Wellbore Technologies: Designs, manufactures, and sells equipment and technologies for drilling and well construction, including drill strings, downhole tools, and drilling optimization software.
- Completion & Production Solutions: Provides equipment and services for well completion, artificial lift, and production enhancement, including intervention and stimulation equipment.
- Rig Technologies: Offers drilling rigs, rig equipment, and aftermarket services. Includes automation, electrification, and safety systems.
Leadership and Structure
Clay Williams is the Chairman, President, and CEO. The company operates under a divisional structure, with each business segment managed by a team of executives.
Top Products and Market Share
Key Offerings
- Downhole Drilling Tools: Designs, manufactures, and sells downhole drilling tools and optimization software.NOV holds significant portion of the market. Competitors include Schlumberger, Halliburton, Baker Hughes.
- Market Share (%): 20
- Artificial Lift Systems: Offers a range of artificial lift systems including electric submersible pumps (ESPs) and gas lift equipment. NOV holds significant portion of the market. Competitors include Schlumberger, Halliburton, Baker Hughes.
- Market Share (%): 20
- Drilling Rigs & Equipment: Builds drilling rigs and rig components for onshore and offshore operations. NOV holds significant portion of the market. Competitors include Transocean, Valaris, Saipem.
- Market Share (%): 20
Market Dynamics
Industry Overview
The oil and gas industry is cyclical and subject to commodity price fluctuations. Demand for equipment and services is driven by exploration and production activity.
Positioning
NOV Inc. is a leading equipment and service provider, holding a significant market share in its core business areas. Its competitive advantages include its extensive product portfolio, global presence, and strong customer relationships.
Total Addressable Market (TAM)
The total addressable market for oilfield equipment and services is estimated to be in the hundreds of billions of dollars annually. NOV is positioned to capture a sizable portion of this market through its diverse product offerings and global reach.
Upturn SWOT Analysis
Strengths
- Extensive product portfolio
- Global presence and distribution network
- Strong customer relationships
- Technological innovation
- High Brand recognition
Weaknesses
- Exposure to cyclical oil and gas market
- High debt levels
- Dependence on oil and gas exploration activity
- Complex organizational structure
Opportunities
- Growing demand for oil and gas in developing countries
- Increasing investment in offshore exploration and production
- Development of new technologies for drilling and production
- Expansion into renewable energy markets
Threats
- Fluctuations in oil and gas prices
- Increased competition from other service providers
- Environmental regulations
- Political instability
- Transition to alternative energy sources
Competitors and Market Share
Key Competitors
- SLB
- HAL
- BKR
Competitive Landscape
NOV faces competition from other major oilfield service companies. Its advantages include its broad product portfolio and global presence. Disadvantages might include higher debt. SLB and HAL are strong global competitors.
Major Acquisitions
Grant Prideco
- Year: 2008
- Acquisition Price (USD millions): 7530
- Strategic Rationale: Expanded NOV's product offering in drill pipe and downhole tools.
Growth Trajectory and Initiatives
Historical Growth: NOV Inc.'s growth trends should be analyzed over the past years, considering both organic growth and acquisitions.
Future Projections: Analyst estimates for NOV Inc.'s future revenue and earnings growth should be presented.
Recent Initiatives: Recent strategic initiatives, such as acquisitions, divestitures, or new product launches, should be highlighted.
Summary
NOV Inc. is a leading provider of equipment and services to the oil and gas industry and is well-positioned to benefit from increased global activity. However, the company's performance is closely tied to the cyclical nature of the oil and gas market, making it vulnerable to fluctuations in commodity prices. Diversification into new markets is one of its main challenges. Its diverse portfolio is one of its strengths, but can also be a weakness. Strong leadership is needed to deliver good financial results for the upcoming years.
Similar Companies
BKR
Baker Hughes Co
BKR
Baker Hughes Co
GE
GE Aerospace
GE
GE Aerospace
HAL
Halliburton Company
HAL
Halliburton Company
SLB
Schlumberger NV
SLB
Schlumberger NV
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Analyst Reports
- Industry Publications
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NOV Inc.
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 1996-10-28 | CEO - | ||
Sector Energy | Industry Oil & Gas Equipment & Services | Full time employees 34010 | Website https://www.nov.com |
Full time employees 34010 | Website https://www.nov.com | ||
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 through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits. It also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, the company provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. 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.
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