NOV Inc. – Company Overview and Recent Market Snapshot
Company Profile
NOV Inc. is a U.S.‑based enterprise operating in the Energy sector, specifically within the Energy Equipment & Services industry. The company specializes in the design, manufacturing, and supply of equipment and components used in oil and gas drilling and production operations. In addition, NOV provides oilfield services and supply chain integration solutions for the upstream oil and gas industry. Its headquarters and primary operations are located in Houston, Texas, and it serves a global customer base.
Market Performance (as of 2025‑09‑16)
- Closing Price: $12.91
- 52‑Week High: $17.12 (achieved on 2024‑09‑23)
- 52‑Week Low: $10.84 (recorded on 2025‑04‑08)
- Market Capitalization: $4,794,318,271
- Price‑to‑Earnings Ratio: 9.83
The stock has experienced moderate volatility within its 52‑week range, reflecting broader market movements in the energy equipment sector. The current P/E ratio suggests that investors are pricing the company at a level slightly above the industry average, indicating a modest growth expectation.
Trading Context
On 2025‑09‑16, the New York Stock Exchange saw the S&P 500 conclude the day at 6,606.76 points, down 0.13 %. The index’s performance over the past year rose 12.58 %, underscoring a generally bullish environment for U.S. equities. Within this context, NOV’s share price positioned itself near the middle of its 52‑week range, reflecting a balance between recent upside and downside pressures typical of the energy services segment.
Summary
NOV Inc. remains a key player in the upstream oil and gas supply chain, offering a comprehensive suite of equipment and services. Its financial metrics indicate a stable valuation relative to its peers, and its stock performance aligns with the broader trend observed in the S&P 500 during the week of September 16, 2025.