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Nov Inc (NOV)

Nov Inc (NOV)
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NOV Inc. is a world leader in the design, manufacture, and sale of comprehensive systems, components, products, and equipment used in oil and gas drilling and production worldwide. NOV divides its operations into 3 major segments: Rig Technologies, Completion & Production Solutions, and Wellbore Technologies. Rig Technologies unit designs and manufactures integrated drilling systems and components for land and offshore drilling rigs. It is also engaged in the delivery of consumables, spares and other necessary services to maintain the usefulness of the assets. Wellbore Technologies unit focuses on improving drilling performance at both land and offshore rigs through a vast array of tools and services. Completion & Production Solutions unit focuses on developing wellbore completions and achieving higher production though technological advancements to well intervention service providers and producers of oil and gas. NOV reached its current form following merger between National Oilwell and Varco International.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 8,870,000 8,583,000 7,237,000 5,524,000 6,090,000
Sales Growth +3.34% +18.60% +31.01% -9.29% -28.18%
Net Income 635,000 993,000 155,000 -250,000 -2,542,000
Net Income Growth -36.05% +540.65% +162.00% +90.17% +58.29%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 11,361,000 11,294,000 10,135,000 9,550,000 9,929,000
Total Assets Growth +0.59% +11.44% +6.13% -3.82% -24.49%
Total Liabilities 4,933,000 5,052,000 5,001,000 4,486,000 4,650,000
Total Liabilities Growth -2.36% +1.02% +11.48% -3.53% -12.31%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 1,304,000 143,000 -179,000 291,000 926,000
Operating Cash Flow Growth +811.89% +179.89% -161.51% -68.57% +29.69%
Net Cash Flow 414,000 -253,000 -522,000 -101,000 521,000
Change in Net Cash Flow +263.64% +51.53% -416.83% -119.39% +303.52%
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