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NOV (NOV)

(Real Time Quote from BATS)

$16.79 USD

16.79
5,937,708

0.00 (0.00%)

Updated Nov 7, 2024 09:30 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth F Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 30% (176 out of 251)

Industry: Oil and Gas - Mechanical and and Equipment

Zacks News

ExxonMobil to Divest GoM Assets to Repsol for Around $1B

ExxonMobil (XOM) can use the proceeds from the divestment of GoM assets to focus on better opportunities in the Permian and offshore Guyana.

Will Baker Hughes (BHGE) be Better Off if GE Lowers Stake?

Baker Hughes (BHGE) announces that General Electric (GE) plans to further lower its stake in the oilfield service provider to less than 50%.

Here's Why You Should Hold On to Cimarex Energy (XEC) Now

Cimarex Energy (XEC) expects 2019 production to increase to 263-272 MBoe/d from the 2018 level of 251.3 MBoe/d.

Here's Why You Should Steer Clear Of Centennial (CDEV) Now

The weakness in oil prices, rising lease operating expenses and pipeline bottleneck problem in the Permian are hurting Centennial Resource (CDEV).

Matador Boosts Production Guidance, Expects Lower 2019 Capex

Matador Resources (MTDR) raises its 2019 adjusted EBITDA guidance to $540-$560 million from prior estimation of $520-$550 million.

Transocean (RIG) to Retire 3 Drillships, Incur $580M Charge

Transocean (RIG) intends to retire three ultra-deepwater floaters, namely Discoverer Enterprise, Discoverer Spirit and Discoverer Deep Seas.

Reasons Why You Should Dump Continental Resources Right Now

Escalating production expenses per barrel of oil equivalent are affecting Continental's (CLR) bottom line.

Halliburton's (HAL) Q3 Outlook: What Investors Need to Know

While headwinds will continue in North America in the form of softness in activity, Halliburton (HAL) CEO sees robust customer spending on international drilling and completion projects.

Pioneer (PXD) Can Drill Its Best Inventory for Another Decade

In 2019, Pioneer Natural Resources (PXD) intends to drill and produce 265-290 wells in the Permian region compared with 270 wells drilled last year.

BP Sees Worldwide Oil Demand to Grow at a Slower Pace in '19

BP reportedly announces that the escalating tariff war between the United States & China, and growing fears of recession have been denting demand for oil and refined petroleum products.

Equinor's $5B Buyback to be Aided by Johan Sverdrup Output

Almost 292 million outstanding shares can be redeemed using Equinor's (EQNR) $5-billion share repurchase program.

PetroChina (PTR) H1 Earnings Edge Up on Upstream Strength

PetroChina's (PTR) total production of oil and natural gas increased 5.9% year over year to 779.4 million barrels of oil equivalent.

National Oilwell Varco (NOV) Down 19.8% Since Last Earnings Report: Can It Rebound?

National Oilwell Varco (NOV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nilanjan Choudhury headshot

TechnipFMC (FTI) Moves to Unlock Value by Splitting in Two

The spin-off will see the formation of a new company that will include TechnipFMC's (FTI) Onshore/Offshore segment.

Stock Market News For Jul 30, 2019

Ongoing U.S. and China trade negotiations and expectations around a Fed rate hike kept benchmarks on a tight leash on Monday.

National Oilwell (NOV) Posts Narrower-Than-Expected Q2 Loss

The bottom line fell from the year-ago period as North American drillers scale back their production growth plans, leaving less work for the likes of National Oilwell Varco (NOV).

Oil Stocks Q2 Earnings Roster for Jul 29: RIG, NOV & MDR

The energy sector's second-quarter 2019 earnings and revenues are expected to decline 17.6% and 2.6%, respectively, from the year-ago period.

What's in Store for National Oilwell's (NOV) Q2 Earnings?

National Oilwell Varco's (NOV) adjusted EBITDA from all the three segments is projected to decline year over year in second-quarter 2019.

Earnings Preview: National Oilwell Varco (NOV) Q2 Earnings Expected to Decline

National Oilwell Varco (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

John Blank headshot

New Earnings Season Opens: Global Week Ahead

The dominant trader focus inside the Global Week Ahead will surely be the Q2 earnings season -- with the usual early focus upon Financials.

Nilanjan Choudhury headshot

U.S. Crude Hit its Lowest Price in 5 Months: Here's Why

The federal government's EIA report revealed that crude inventories rose by 2.2 million barrels for the week ending Jun 7 to a nearly 2-year high.

National Oilwell Inks Deal to Sell 20K BOP to Transocean

The initial utilization of National Oilwell's (NOV) 20K BOP stack is likely to occur in 2021 in the Gulf of Mexico.

Nilanjan Choudhury headshot

U.S. Crude Falls Into Bear Market on Massive Inventory Build

The federal government's EIA report revealed that crude inventories rose by 6.8 million barrels for the week ending May 31 to a nearly 2-year high.

National Oilwell Varco (NOV) Down 15.3% Since Last Earnings Report: Can It Rebound?

National Oilwell Varco (NOV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nilanjan Choudhury headshot

National Oilwell (NOV) Reports Wider Q1 Loss, Revenues Miss

National Oilwell Varco (NOV) said that the underwhelming Q1 performance could be attributed to tightness in the upstream companies' investment budgets and decline in offshore sales.