Why is NOV down?
Down 14% from Oct 27 to Nov 10.
- Oilfield equipment stocks fell together,
Down 14% from Oct 27 to Nov 10.
NOV's Quality Score rose 2 points on Tue, Nov 10, to 3. It closed near its high of the day (2 chart checks started).
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| Holding it back | Sales down 1% on the year |
| Latest filing | 8-K, Oct 28 |
After its last 4 reports it closed -4.6% on average, higher 0 of 4 times.
Below Averagefor quality, not price, 2 of 14 chart checks firingWhat the Quality Score means
NOV is #8 of 12 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| 8 |
Share count against a year before: NOV -3.5%, DNOW +72%, WFRD +0%.
Expected to report Wed Feb 3, after the close (in 85 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $2.2B; a profit of $0.25 a share.
“The decrease in revenue was due to the completion of certain offshore production related projects that were not fully offset by increased demand for the segment’s other products and services.”
| Line | Q3 2026 | Q3 2025 |
|---|---|---|
| Energy equipments | $1.2B | $1.2B |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Oct 28)
| Measure | Figure |
|---|---|
| Consolidated revenues | roughly flat year-over-year |
“Adjusted EBITDA margins expanded, driven by a favorable project mix and improved margins in backlog.”
From its results filing (SEC filing · Oct 28)
Sales grew 7.5% a year over 5 years, fiscal 2020 to 2025.
Pays $0.36 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Oct 28, 2026 | -4.7% | -6.2% | -10.0% |
| Jul 29, 2026 | +6.0% | -3.8% | +0.9% |
| Apr 28, 2026 | -3.9% | -2.5% | -4.2% |
Sales grew in four of the last seven years, to $8.7B in 2025. It made a profit in four of the eight years.
RSI 36.7, MACD below signal, below both averages. Not scored.
Its dividends come to 48% of its free cash flow.
| Dividend | $0.36 a share a year |
| Paid out | About $128M a year |
| Free cash flow | $270M |
| Record | Raised in the last year |
One insider sold $184K across 1 filing in the last 6 months. No open-market buys on record. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: NOV is under 0.1% of VYM and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Jul 31, 2026.
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
“The Company’s competition consists primarily of publicly traded oilfield service and equipment companies and smaller independent equipment manufacturers in the oil and gas, industrial, and renewable energy equipment markets.”
NOV scores 3 today, which Breakaway calls Below Average. It is #8 of 12 in Oil & Gas Field Machinery & Equipment by Quality Score, with 2 of 14 chart checks firing. Down 14% from Oct 27 to Nov 10. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
NOV scores 3 today, which Breakaway calls Below Average (0 to 5). That is #8 of 12 in Oil & Gas Field Machinery & Equipment by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind NOV's 3.
One insider sold $184K across 1 filing in the last 6 months. No open-market buys on record. The newest is David D. Harrison, Director, who sold $184K on Jul 31.
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Insider and Congress trades, the chart, and the financials, in one score.
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