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

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 nearly two thirds of its annual revenue.

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

As of December 26, 2025, NOV stock price climbed to $15.62 with 1,544,816 million shares trading.

NOV has a beta of 1.13, meaning it tends to be more sensitive to market movements. NOV has a correlation of 0.22 to the broad based SPY ETF.

NOV has a market cap of $5.70 billion. This is considered a Mid Cap stock.

Last quarter Nov reported $2 billion in Revenue and $.11 earnings per share. This beat revenue expectation by $38 million and missed earnings estimates by -$.13.

In the last 3 years, NOV traded as high as $24.83 and as low as $10.84.

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

NOV has underperformed the market in the last year with a price return of +11.8% while the SPY ETF gained +16.0%. However, in the short term, NOV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.4% vs +4.6% return in SPY. But in the last 2 weeks, NOV shares have been beat by the market, returning -4.7% compared to an SPY return of +1.5%.

NOV support price is $15.26 and resistance is $15.96 (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.