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NOV Inc. (0K58.L)

LSE - LSE Delayed price. Currency in USD
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14.54-0.39 (-2.61%)
At close: 05:04PM BST

NOV Inc.

10353 Richmond Avenue
Houston, TX 77042-4103
United States
346 223 3000
https://www.nov.com

Sector(s)
Industry
Full-time employees33,676

Key executives

NameTitlePayExercisedYear born
Mr. Clay C. WilliamsChairman, President & CEO2.59MN/A1963
Mr. Jose A. BayardoSenior VP & CFO1.51MN/A1972
Mr. Joseph W. RovigPresident of Energy Equipment1.28MN/A1961
Ms. Christy H. NovakVP, Corporate Controller & Chief Accounting OfficerN/AN/A1973
Mr. David ReidChief Marketing Officer & CTON/AN/AN/A
Mr. Alex PhilipsChief Information OfficerN/AN/AN/A
Ms. Bonnie HoustonChief Administrative OfficerN/AN/AN/A
Amie D'AmbrosioDirector of Investor RelationsN/AN/AN/A
Mr. Craig L. WeinstockSenior VP, General Counsel & Secretary546.19kN/A1959
Mr. Mike LoucaidesChief Health, Safety, Security & Environmental OfficerN/AN/AN/A
Amounts are as of 31 December 2016, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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 through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits. It also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, the company provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. 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.

Corporate governance

NOV Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 6; Board: 4; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.