RBC Capital Keeps Their Hold Rating on NOV (NOV)
TipRanks (Sun, 14-Apr 2:36 AM ET)
Arcosa, Inc. Announces Completion of Ameron Acquisition
Business Wire (Tue, 9-Apr 4:15 PM ET)
NOV Announces First Quarter 2024 Earnings Conference Call
Business Wire (Tue, 26-Mar 6:30 AM ET)
Arcosa Announces Agreement to Acquire Ameron Pole Products from NOV Inc.
Business Wire (Mon, 11-Mar 8:00 AM ET)
NOV Appoints Patricia Martinez to the Board of Directors
Business Wire (Wed, 6-Mar 5:00 PM ET)
NOV Declares Regular Quarterly Dividend
Business Wire (Thu, 15-Feb 6:30 AM ET)
NOV Reports Fourth Quarter and Full Year 2023 Earnings
Business Wire (Thu, 1-Feb 5:30 PM ET)
NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.
Nov trades on the NYSE stock market under the symbol NOV.
As of April 18, 2024, NOV stock price climbed to $18.50 with 2,070,302 million shares trading.
NOV has a beta of 0.47, meaning it tends to be less sensitive to market movements. NOV has a correlation of 0.02 to the broad based SPY ETF.
NOV has a market cap of $7.28 billion. This is considered a Mid Cap stock.
Last quarter Nov reported $2 billion in Revenue and $1.51 earnings per share. This beat revenue expectation by $83 million and exceeded earnings estimates by $1.10.
In the last 3 years, NOV stock traded as high as $24.83 and as low as $11.46.
The top ETF exchange traded funds that NOV belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.
NOV has underperformed the market in the last year with a price return of +0.1% while the SPY ETF gained +22.3%. NOV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.8% and -8.0%, respectively, while the SPY returned +6.1% and -3.8%, respectively.
NOV support price is $18.16 and resistance is $18.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NOV stock will trade within this expected range on the day.