Desciption

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 in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures. Its Energy Equipment segment provides drilling equipment, such as land rigs, complete offshore drilling packages, and rig components; capital equipment, related consumables, and digital products for hydraulic stimulation, coiled tubing, and wireline services; marine and construction solutions; processing solutions for the separation and treatment of oil, gas, solids, seawater, and produced water production; flexible subsea pipe systems; cavity pumps, specialized mixers and heat exchangers; and reciprocating, multistage, and progressive cavity pumps, midstream products, including closures, transfer pumps, chokes and valves, as well as artificial lift support systems that include production BOPs and stuffing boxes. 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.

Information

Country USA
IPO Date 1996-10-28
Sector Energy
Industry Oil & Gas Equipment & Services
GIC Sector Energy
Employees 31605
Website https://www.nov.com
Phone 346 223 3000

Key Executives

Name Position
Mr. Jose A. Bayardo President, CEO & Chairman
Mr. Craig L. Weinstock J.D. Senior VP, General Counsel & Secretary
Mr. Joseph W. Rovig President of Energy Equipment
Mr. Rodney C. Reed Senior VP & CFO
Ms. Christy H. Novak VP, Corporate Controller & Chief Accounting Officer
Mr. David Reid Chief Marketing Officer & CTO
Mr. Alex Philips Chief Information Officer
Ms. Bonnie Houston Chief Administrative Officer
Amie D'Ambrosio Director of Investor Relations
Mr. Mike Loucaides Chief Health, Safety, Security & Environmental Officer

Major Indices