NOV Inc - Company Profile

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NOV Inc (NOV), formerly known as National Oilwell Varco Inc, is a provider of technology, equipment, and services to the oil and gas industry. The company’s portfolio of offerings includes rig systems, wellbore technologies, and completion and production solutions. Its product line comprises of fiberglass systems, pipe handlings, floating production systems, subsea production systems, integrated tensioning systems, drilling fluid equipment, and power systems. The company also provides waste management, machining, specialty inspection, installation and commissioning, field engineering, and other services to its customers. It serves well-servicing companies, drilling contractors, rig fabricators, pressure pumping companies, and independent oil and gas companies. The company has operations in various countries across the Americas, the Middle East, Africa, Asia-Pacific, and Europe. NOV is headquartered in Houston, Texas, the US.

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Headquarters United States of America

Address 10353 Richmond Ave., Houston, Texas, 77042


Telephone 1 713 3753700

No of Employees 33,676

Industry Energy and Utilities

Ticker Symbol & Exchange NOV (NYSE)

Revenue (2023) $8.6B

EPS XYZ

Market Cap* $7.3B

Net Profit Margin (2023) XYZ 440.7%

   

* As of and is in US$
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NOV Inc premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on NOV Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Fiber Glass Systems WellSite Services AmClyde
Floating Production Systems Completion Services Ameron
Intervention and Stimulation Equipment Portable Power Anson
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, the company entered into an agreement to sell Ameron Pole Products, LLC to Arcosa Inc.
2024 Acquisitions/Mergers/Takeovers In January, the company acquired Extract Production.
2023 Contracts/Agreements In November, the company entered into a partnership with AKM Enterprises under which the Max Platform will deliver high-fidelity real-time data to ProACT to enhance its drilling analytics.
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Competitor Comparison

Key Parameters NOV Inc Schlumberger Ltd Baker Hughes Co Halliburton Co Weatherford International Plc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Houston Houston Houston Houston Houston
State/Province Texas Texas Texas Texas Texas
No. of Employees 33,676 111,000 58,000 48,000 18,500
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Clay C. Williams President; Chairman; Chief Executive Officer Executive Board 2014 -
Jose A. Bayardo Senior Vice President; Chief Financial Officer Senior Management 2015 -
Christy H. Novak Corporate Controller; Vice President; Chief Accounting Officer Senior Management 2021 -
Alex Philips Chief Information Officer Senior Management - -
David Reid Chief Technology Officer; Chief Marketing Officer Senior Management 2020 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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