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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: 04:04PM GMT

NOV Inc.

7909 Parkwood Circle Drive
Houston, TX 77036-6565
United States
713 346 7500
https://www.nov.com

Sector(s)
Industry
Full-time employees27,043

Key executives

NameTitlePayExercisedYear born
Mr. Clay C. WilliamsChairman, Pres & CEON/AN/A1963
Mr. Jose A. BayardoSr. VP & CFON/AN/A1972
Mr. Kirk M. SheltonPres of Completion & Production Solutions623.92kN/A1958
Mr. Joseph W. RovigPres of Rig TechnologiesN/AN/A1961
Mr. Isaac H. JosephPres of Wellbore Technologies809.05kN/A1957
Ms. Christy H. NovakVP, Corp. 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 Admin. OfficerN/AN/AN/A
Mr. Blake McCarthyVP of Corp. Devel. & Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2021, 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 worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company 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. It also 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. NOV Inc. 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 January 2023 is 2. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 3; Compensation: 1.

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.