NOV Stock Summary and Trading Ideas (Nov | NYSE:NOV)

NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.

Nov trades on the NYSE stock market under the symbol NOV.

As of November 6, 2026, NOV stock price climbed to $17.73 with 72,751 million shares trading.

NOV has a beta of -0.20, meaning it tends to be less sensitive to market movements. NOV has a correlation of 0.00 to the broad based SPY ETF.

NOV has a market cap of $6.32 billion. This is considered a Mid Cap stock.

Last quarter Nov reported $2 billion in Revenue and $.25 earnings per share. This beat revenue expectation by $32 million and met earnings estimates .

In the last 3 years, NOV traded as high as $21.93 and as low as $10.84.

The top ETF exchange traded funds that NOV belongs to (by Net Assets): IJH, VTI, VB, AVUV, DFSV.

NOV has outperformed the market in the last year with a return of +21.0%, while the SPY ETF gained +10.4%. However, in the most recent history, NOV shares have underperformed the stock market with its stock returning -8.6% in the last 3 month period and -5.5% for the last 2 week period, while SPY has returned -3.5% and -3.0%, respectively.

NOV support price is $16.99 and resistance is $17.79 (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 shares will trade within this expected range on the day.