NOV Inc. (0K58.L)

14.54 -0.39 (-2.61%) At close: 04:04PM GMT

NOV Inc.

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

Sector(s): 
Industry: 
Full-time employees: 32,307

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Clay C. Williams	Chairman, President & CEO	3.17M	N/A	1963
Mr. Jose A. Bayardo	Senior VP & CFO	1.81M	N/A	1972
Mr. Kirk M. Shelton	President of Completion & Production Solutions	1.4M	N/A	1958
Mr. Joseph W. Rovig	President of Rig Technologies	1.37M	N/A	1961
Mr. Isaac H. Joseph	President of Wellbore Technologies	1.48M	N/A	1957
Ms. Christy H. Novak	VP, Corporate Controller & Chief Accounting Officer	N/A	N/A	1973
Mr. David Reid	Chief Marketing Officer & CTO	N/A	N/A	N/A
Mr. Alex Philips	Chief Information Officer	N/A	N/A	N/A
Ms. Bonnie Houston	Chief Administrative Officer	N/A	N/A	N/A
Mr. Blake McCarthy	Vice President of Corporate Development & Investor Relations	N/A	N/A	N/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 worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It 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 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, it 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 December 2023 is 3. The pillar scores are Audit: 6; Board: 5; 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.