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National Oilwell Varco, Inc. (NOV)

NYSE - NYSE Delayed price. Currency in USD
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12.57-0.25 (-1.95%)
At close: 4:00PM EST

National Oilwell Varco, Inc.

7909 Parkwood Circle Drive
Houston, TX 77036-6565
United States
713 346 7500

IndustryOil & Gas Equipment & Services
Full-time employees27,631

Key executives

NameTitlePayExercisedYear born
Mr. Clay C. WilliamsChairman, Pres & CEON/AN/A1963
Mr. Jose A. BayardoSr. VP & CFON/AN/A1972
Mr. Scott K. DuffVP, Corp. Controller & Chief Accounting OfficerN/AN/A1968
Mr. Craig L. WeinstockSr. VP, Gen. Counsel & Sec.N/AN/A1959
Mr. Joseph W. RovigPres of Rig TechnologiesN/AN/A1961
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
Mr. Kirk SheltonPres of Completion & Production SolutionsN/AN/AN/A
Amounts are as of 31 December 2020, 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.


NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for use in oil and gas drilling and production, and industrial and renewable energy sectors worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The company offers various equipment and technologies used to perform drilling operations. 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, and measuring and monitoring services; downhole and fishing tools; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; well intervention, such as coiled tubing and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; fluid processing and floating production systems, and subsea production technologies; and connectors for conductor pipes. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; 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 remote equipment monitoring, technical support, field, and customer training services. 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

National Oilwell Varco, Inc.’s ISS governance QualityScore as of 1 July 2021 is 7. The pillar scores are Audit: 9; Board: 9; Shareholder rights: 8; 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.