NOV on NYSE

National Oilwell Varco

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons⁶

U.S. energy company

$18.64 down 0.11 (0.59%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 19, 2026.

Overview

1862Founded¹

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TickerNOV on NYSE¹
IndustryOil & Gas Field Machinery & Equipment¹
HeadquartersHouston¹
Websitewww.nov.com
Legal formDelaware corporation¹
Incorporated inDE⁷
Business address10353 Richmond Ave., Houston, Tx 77042⁷
Filer categoryLarge accelerated filer⁷
LEI549300EHF3IW1AR6U008⁴
StatusActive⁴
LEI statusLapsed (not renewed)⁴
Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States⁴
Registered withDivision of Corporations, Department of State, 2524592⁴

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NOV, formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through two reporting segments: Energy Equipment and Energy Products and Services.³

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

20.2%Gross margin¹¹

5.6%Operating margin¹¹

1.7%Net margin¹¹

-1.4%Revenue growth, 2025¹¹

2.3%Return on equity¹¹

0.27×Debt to equity¹¹

$876.0MFree cash flow¹¹

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 66% of the revenue National Oilwell Varco broke down this way in fiscal 2025.

Product$5.8B¹¹66%down 0% from 2024
Service$2.0B¹¹22%down 2% from 2024
Rental$963.0M¹¹11%down 8% from 2024
Royalty$57.0M¹¹1%down 15% from 2024

Products and services by year

Products and services	2023	2024	2025
Product	$5.8B	$5.8B	$5.8B
Service	$1.8B	$2.0B	$2.0B
Rental	$1.0B	$1.0B	$963.0M
Royalty	$78.0M	$67.0M	$57.0M

Business segments

Energy Equipments brought in 55% of the revenue National Oilwell Varco broke down this way in fiscal 2025.

Energy Equipments$4.9B¹¹55%up 1% from 2024
Energy Products and Services$4.0B¹¹45%down 4% from 2024

Business segments by year

Business segments	2023	2024	2025
Energy Equipments	$4.7B	$4.9B	$4.9B
Energy Products and Services	$4.1B	$4.1B	$4.0B

Regions

Other Countries brought in 45% of the revenue National Oilwell Varco broke down this way in fiscal 2025.

Other Countries$3.9B¹¹45%down 13% from 2024
United States$3.0B¹¹34%up 0% from 2024
NO$907.0M¹¹10%up 27% from 2024
Brazil$896.0M¹¹10%up 45% from 2024

Regions by year

Regions	2023	2024	2025
Other Countries	$4.6B	$4.6B	$3.9B
United States	$2.9B	$3.0B	$3.0B
NO	$473.0M	$714.0M	$907.0M
Brazil	$605.0M	$618.0M	$896.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueSelling, general and admin

Cost of revenue80¢$7.0B
Selling, general and admin14¢$1.2B
Other costs1¢$107.0M
Interest1¢$88.0M
Income tax3¢$224.0M
Profit2¢$145.0M

Out of $8.7B in revenue.¹¹

Where each dollar of operating cash went, fiscal 2025

Capital spendingDividends paidShare buybacksKept or used elsewhere

Capital spending30¢$375.0M
Dividends paid15¢$190.0M
Share buybacks25¢$315.0M
Kept or used elsewhere30¢$371.0M

Out of $1.3B of cash from operations.¹¹

Financial statements

Revenue¹²¹³¹⁴¹⁵¹¹$8.7B in 2025+3% since 2019

Gross profit¹²¹³¹⁴¹⁵¹¹$1.8B in 2025+109% since 2019

Operating income¹²¹³¹⁴¹⁵¹¹$494.0M in 2025

Net income¹²¹³¹⁴¹⁵¹¹$145.0M in 2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.¹¹

Period ending	2025-12-31	2024-12-31	2023-12-31
Revenue	$8.7B	$8.9B	$8.6B
Cost of revenue	$7.0B	$6.9B	$6.8B
Gross profit	$1.8B	$2.0B	$1.8B
Selling, general and administrative	$1.2B	$1.1B	$1.2B
Goodwill and long-lived asset impairment	$70.0M
Operating profit	$494.0M	$876.0M	$651.0M
Interest and financial costs	-$88.0M	-$91.0M	-$88.0M
Interest income	$51.0M	$38.0M	$28.0M
Equity income (loss) in unconsolidated affiliates	-$16.0M	$36.0M	$119.0M
Other expense, net	-$66.0M	-$28.0M	-$98.0M
Income before income taxes	$375.0M	$831.0M	$612.0M
Provision (benefit) for income taxes	$224.0M	$196.0M	-$373.0M
Net income	$151.0M	$635.0M	$985.0M
Net income (loss) attributable to noncontrolling interests	$6.0M	$0	-$8.0M
Net income attributable to Company	$145.0M	$635.0M	$993.0M
Basic	$0.39	$1.62	$2.53
Diluted	$0.39	$1.60	$2.50
Cash dividends per share	$0.51	$0.28	$0.20
Basic	372.0M shares	392.0M shares	393.0M shares
Diluted	375.0M shares	396.0M shares	397.0M shares

Total assets¹²¹³¹⁴¹⁵¹¹$11.3B in 2025−14% since 2019

Total liabilities¹⁹¹²¹³¹⁴¹⁵¹¹$5.0B in 2025−6% since 2019

Shareholders’ equity¹⁹¹²¹³¹⁴¹⁵¹¹$6.3B in 2025−19% since 2019

Cash¹⁹¹²¹³¹⁴¹⁵¹¹$1.6B in 2025+33% since 2019

Long-term debt¹⁹¹²¹³¹⁴¹⁵¹¹$1.7B in 2025−15% since 2019

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.¹¹

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	$1.6B	$1.2B
Receivables, net	$1.7B	$1.8B
Inventories, net	$1.8B	$1.9B
Contract assets	$596.0M	$577.0M
Prepaid and other current assets	$172.0M	$212.0M
Total current assets	$5.8B	$5.8B
Property, plant and equipment, net	$2.0B	$1.9B
Lease right-of-use assets, operating	$315.0M	$353.0M
Lease right-of-use assets, financing	$187.0M	$196.0M
Deferred income taxes	$358.0M	$413.0M
Goodwill	$1.6B	$1.6B	$1.6B
Intangibles, net	$455.0M	$508.0M	$450.0M
Investment in unconsolidated affiliates	$163.0M	$163.0M	$211.0M
Other assets	$361.0M	$406.0M
Total assets	$11.3B	$11.4B	$11.3B
Accounts payable	$831.0M	$837.0M
Accrued liabilities	$822.0M	$861.0M
Contract liabilities	$565.0M	$492.0M
Current portion of lease liabilities	$101.0M	$102.0M
Current portion of long-term debt	$30.0M	$37.0M
Accrued income taxes	$57.0M	$18.0M
Total current liabilities	$2.4B	$2.3B
Long-term debt	$1.7B	$1.7B
Lease liabilities	$521.0M	$544.0M
Deferred income taxes	$93.0M	$56.0M
Other liabilities	$261.0M	$283.0M
Total liabilities	$5.0B	$4.9B
Common stock - par value $.01; 1 billion shares authorized; 360,803,354 and 381,549,541 shares issued and outstanding at December 31, 2025 and December 31, 2024	$4.0M	$4.0M
Additional paid-in capital	$8.4B	$8.6B
Accumulated other comprehensive loss	-$1.4B	-$1.6B
Retained deficit	-$673.0M	-$628.0M
Total Company stockholders' equity	$6.3B	$6.4B
Noncontrolling interests	$54.0M	$52.0M
Total stockholders equity	$6.3B	$6.4B	$6.2B	$5.1B
Total liabilities and stockholders equity	$11.3B	$11.4B
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	1.0B shares	1.0B shares
Common stock, shares issued	360.8M shares	381.5M shares
Common stock, shares outstanding	360.8M shares	381.5M shares

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	$1.6B	$1.2B
Receivables, net	$1.7B	$1.8B
Inventories, net	$1.8B	$1.9B
Contract assets	$596.0M	$577.0M
Prepaid and other current assets	$172.0M	$212.0M
Total current assets	$5.8B	$5.8B
Property, plant and equipment, net	$2.0B	$1.9B
Lease right-of-use assets, operating	$315.0M	$353.0M
Lease right-of-use assets, financing	$187.0M	$196.0M
Deferred income taxes	$358.0M	$413.0M
Goodwill	$1.6B	$1.6B	$1.6B
Intangibles, net	$455.0M	$508.0M	$450.0M
Investment in unconsolidated affiliates	$163.0M	$163.0M	$211.0M
Other assets	$361.0M	$406.0M
Total assets	$11.3B	$11.4B	$11.3B
Accounts payable	$831.0M	$837.0M
Accrued liabilities	$822.0M	$861.0M
Contract liabilities	$565.0M	$492.0M
Current portion of lease liabilities	$101.0M	$102.0M
Current portion of long-term debt	$30.0M	$37.0M
Accrued income taxes	$57.0M	$18.0M
Total current liabilities	$2.4B	$2.3B
Long-term debt	$1.7B	$1.7B
Lease liabilities	$521.0M	$544.0M
Deferred income taxes	$93.0M	$56.0M
Other liabilities	$261.0M	$283.0M
Total liabilities	$5.0B	$4.9B
Common stock - par value $.01; 1 billion shares authorized; 360,803,354 and 381,549,541 shares issued and outstanding at December 31, 2025 and December 31, 2024	$4.0M	$4.0M
Additional paid-in capital	$8.4B	$8.6B
Accumulated other comprehensive loss	-$1.4B	-$1.6B
Retained deficit	-$673.0M	-$628.0M
Total Company stockholders' equity	$6.3B	$6.4B
Noncontrolling interests	$54.0M	$52.0M
Total stockholders equity	$6.3B	$6.4B	$6.2B	$5.1B
Total liabilities and stockholders equity	$11.3B	$11.4B
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	1.0B shares	1.0B shares
Common stock, shares issued	360.8M shares	381.5M shares
Common stock, shares outstanding	360.8M shares	381.5M shares

Cash from operations¹²¹³¹⁴¹⁵¹¹$1.3B in 2025+75% since 2019

Capital spending¹²¹³¹⁴¹⁵¹¹$375.0M in 2025+61% since 2019

Free cash flow¹²¹³¹⁴¹⁵¹¹$876.0M in 2025+82% since 2019

Dividends paid¹²¹³¹⁴¹⁵¹¹$190.0M in 2025+147% since 2019

Share buybacks¹¹$315.0M in 2025+38% since 2024

Every line of the cash flow as filed: the last 3 fiscal years, latest first.¹¹

Period ending	2025-12-31	2024-12-31	2023-12-31
Net income	$151.0M	$635.0M	$985.0M
Depreciation and amortization	$355.0M	$343.0M	$302.0M
Goodwill and long-lived asset impairment	$70.0M
Deferred income taxes	$93.0M	$49.0M	-$489.0M
Stock-based compensation	$67.0M	$70.0M	$66.0M
Equity (income) loss in unconsolidated affiliates	$16.0M	-$36.0M	-$119.0M
Dividend from unconsolidated affiliate	$2.0M	$84.0M
Gain on business divestiture		-$130.0M
Other, net	$88.0M	$74.0M	-$18.0M
Receivables	$222.0M	$93.0M	-$269.0M
Inventories	$97.0M	$270.0M	-$361.0M
Contract assets	-$19.0M	$162.0M	-$55.0M
Prepaid and other current assets	$41.0M	$17.0M	-$40.0M
Accounts payable	-$6.0M	-$87.0M	-$4.0M
Accrued liabilities	-$48.0M	-$51.0M	-$116.0M
Contract liabilities	$73.0M	-$42.0M	$82.0M
Income taxes payable	$39.0M	-$5.0M	-$6.0M
Other assets/liabilities, net	$10.0M	-$142.0M	$185.0M
Net cash provided by operating activities	$1.3B	$1.3B	$143.0M
Purchases of property, plant and equipment	-$375.0M	-$351.0M	-$283.0M
Business acquisitions, net of cash acquired	$0	-$298.0M	-$22.0M
Business divestitures, net of cash disposed		$176.0M
Other, net	$13.0M	$2.0M	$12.0M
Net cash used in investing activities	-$362.0M	-$471.0M	-$293.0M
Borrowings against lines of credit and other debt	$3.0M	$420.0M	$184.0M
Payments against lines of credit and other debt	-$26.0M	-$431.0M	-$192.0M
Financing leases	-$28.0M	-$28.0M	-$23.0M
Cash dividends paid	-$190.0M	-$108.0M	-$79.0M
Share repurchases	-$315.0M	-$229.0M
Other	-$28.0M	-$30.0M	$7.0M
Net cash used in financing activities	-$584.0M	-$406.0M	-$103.0M
Effect of exchange rates on cash	$17.0M	-$13.0M
Increase (decrease) in cash and cash equivalents	$322.0M	$414.0M	-$253.0M
Interest	$85.0M	$86.0M	$85.0M
Income taxes	$106.0M	$161.0M	$114.0M

Compare National Oilwell Varco with another company

The story

Background

NOV's two main predecessors, Oilwell Supply and National Supply, were founded in 1862 and 1893, respectively. These two companies manufactured and distributed pumps and derricks. In 1930, United States Steel acquired Oilwell Supply. In 1958, Armco Steel merged with National Supply. In 1987, National Supply merged with USS Oilwell to become "National Oilwell".

Varco was founded as Abegg and Reinhold Company by Walter Abegg and Baldwin Reinhold in 1908. "VARCO" is an acronym for: Vuilleumiere, Abegg and Reinhold Company after Edgar Vuilleumiere became a partner in 1915, and Varco International in 1973. In 2000, National Oilwell merged with IRI International Corp. (founded as a merger of Ingersoll Rand Oilfield Products Co. and IDECO Inc. (International Derrick and Equipment Company)), founded and managed by Hushang Ansary, which manufactures and sells drilling rigs and specialty steel products.

In 2005, National Oilwell and Varco merged to become National Oilwell Varco.

Recent history

The company acquired major drill pipe and drill bit manufacturer Grant Prideco in 2008 for $7.37 billion. At the time, Grant Prideco held 60% of the global drill pipe market and operated 25 manufacturing sites worldwide. The acquisition included Grant Prideco's subsidiaries IntelliServ, a producer of drill pipe with built-in equipment to transmit data from a wellhead to surface operators, ReedHycalog, a drill bit producer, and XL Systems, a producer of oil and gas connectors. Grant Prideco, IntelliServ, and ReedHycalog became part of NOV's Wellbore Technologies reporting segment and XL Systems joined the Completion & Production Solutions segment.

In February 2012 NOV acquired Russian coring company Interval Ltd. and purchased Dutch oil rig design company GustoMSC in 2018. GustoMSC, originally the engineering office of Gusto Shipyard, became part of NOV's Rig Technologies segment. In late 2019, NOV bought Bellingham, Washington-based Ershigs, a fabricator of custom pipes and tanks.

National Oilwell Varco changed its name to NOV Inc. on January 1, 2021.

From Wikipedia’s article on NOV Inc., shared under CC BY-SA 4.0.⁸

Leadership

Who has led National Oilwell Varco, and when. Pick a name to see everywhere that person has worked.

Chief executive

Chair

President

Chief financial officer

Chief operating officer

197019801990200020102020

Chief executive officerJose A. Bayardo Feb 9, 2026 to now²⁰
Chief executive officerClay C. Williams Feb 27, 2014 to Feb 9, 2026²¹
Chief executive officerMerrill A. Miller Jr. Feb 22, 2006 to Dec 2, 2013²²
ChairJose A. Bayardo Feb 9, 2026 to now²⁰
ChairClay C. Williams Feb 27, 2015 to Feb 9, 2026²³
ChairMerrill A. Miller Jr. Feb 19, 2013 to Feb 27, 2014²⁴
PresidentJose A. Bayardo Mar 24, 2025 to now²⁵
PresidentJoseph W. Rovig Apr 11, 2014 to Mar 24, 2025²⁶
PresidentClay C. Williams Dec 19, 2012 to Apr 11, 2014²⁷
PresidentMark A. Reese Jan 6, 2006 to Mar 21, 2013²⁸
PresidentHaynes B. Smith Feb 22, 2006 to Dec 14, 2007²⁹
PresidentKevin A. Neveu Feb 22, 2006 to Jun 14, 2007³⁰
PresidentMerrill A. Miller Jr. Feb 22, 2006 to Nov 30, 2012²²
Chief financial officerRodney C. Reed Mar 20, 2025 to now³¹
Chief financial officerJose A. Bayardo Aug 31, 2015 to Mar 20, 2025³²
Chief financial officerJeremy D. Thigpen Dec 11, 2012 to Mar 20, 2015³³
Chief financial officerClay C. Williams Feb 22, 2006 to Mar 21, 2012³⁴
Chief operating officerJose A. Bayardo Mar 24, 2025 to now²⁵
Chief operating officerClay C. Williams Dec 19, 2012 to Mar 21, 2013²⁷

Board members and other officers (26)

OfficerScott B. Livingston Jan 3, 2024 to now³⁵
Pres. - Wellbore TechnologiesIsaac H. Joseph Apr 6, 2022 to Feb 28, 2023³⁶
Pres. - Compl. and Prod. Sol.Kirk M. Shelton Apr 6, 2022 to Feb 28, 2023³⁷
VP, Corp. Controller, CAOChristy Lynn Novak Nov 8, 2021 to now³⁸
OfficerJose A. Bayardo Aug 29, 2016 to Feb 24, 2023³⁹
OfficerJoseph W. Rovig Feb 27, 2015 to Mar 3, 2017⁴⁰
VP, Corp. Controller, CAOScott K. Duff Aug 1, 2014 to Mar 2, 2021⁴¹
Senior VP, GC & SecretaryCraig L. Weinstock Oct 2, 2014 to now⁴²
Vice Pres. & Gen. CounselDwight W. Rettig Feb 22, 2006 to Feb 27, 2014⁴³
VP Cntrlr Chf Acctg OffcrRobert W. Blanchard Feb 22, 2006 to Feb 27, 2014⁴⁴
Board memberSanjay Chowbey Apr 8, 2026 to now⁴⁵
Board memberPatricia B. Melcher Jan 23, 2024 to now⁴⁶
Board memberPatricia Martinez Mar 6, 2024 to now⁴⁷
Board memberChristian S. Kendall Dec 17, 2024 to now⁴⁸
Board memberRobert S. Welborn Oct 25, 2021 to now⁴⁹
Board memberMelody Meyer Sep 15, 2017 to May 26, 2022⁵⁰
Board memberJim Hackett Apr 6, 2016 to Jan 3, 2023⁵¹
Board memberClay C. Williams Feb 27, 2014 to Feb 27, 2014²¹
Board memberMarcela E. Donadio Apr 15, 2014 to now⁵²
Board memberJeff Smisek Jan 13, 2006 to May 14, 2015⁵³
Board memberRoger L. Jarvis Jan 24, 2006 to May 19, 2016⁵⁴
Board memberJames D. Woods Jan 27, 2006 to Feb 22, 2006⁵⁵
Board memberBen A. Guill Feb 22, 2006 to now⁵⁶
Board memberEric L. Mattson Feb 22, 2006 to now⁵⁷
Board memberMerrill A. Miller Jr. Feb 22, 2006 to Nov 30, 2012²²
Board memberRobert E. Beauchamp Feb 22, 2006 to May 14, 2015⁵⁸

Products and brands

Rig Technologies

Rig Technologies engineers and manufactures drilling rigs, drilling equipment packages, and related capital equipment (including top drives, iron roughnecks, drawworks, blowout preventers, mud pumps, risers, pipe handling, power and control systems) necessary to drill oil and gas wells, as well as marine construction equipment such as heavy-lift cranes, mooring machinery, jacking systems, pipelay and cablelay systems, and marine riser tensioners. In addition, the segment provides aftermarket equipment and services such as spare parts, repair, and equipment rentals as well as remote equipment monitoring, technical support, field service, and customer training.

Wellbore Technologies

Wellbore Technologies develops equipment, technologies, and services for oil and gas well operation. The segment provides drill bits, borehole enlargement services, and directional drilling tools; optimization/automation software and services; downhole tools for drilling and intervention; premium drill pipe and drill stem accessories; solids control and waste management equipment and services; drilling and completion fluids; data acquisition and analytics technologies; managed-pressure-drilling systems; coating and inspection services and RFID technology for drill pipe lifecycle management; and IntelliServ wired drill pipe.

Completion & Production Solutions

Completion & Production Solutions provides equipment and technologies for the well completion process and production phase of a well's lifecycle. The segment produces intervention and stimulation equipment for pressure pumping, coiled tubing, and wireline operations; composite piping systems, pressure vessels, and structures; integrated processing, production, and pumping equipment (including artificial lift) for upstream, midstream, and industrial operations; hydrate inhibition and gas processing technologies; subsea and floating production systems, including flexible pipe and subsea water injection technologies; integral and weld-on connectors for conductor strings, surface casing, and liners; and completion tools—including those involved in multistage hydraulic fracturing—liner hanger systems, and subsurface safety valves.

From Wikipedia’s article on NOV Inc., shared under CC BY-SA 4.0.⁸

Subsidiaries and ownership

From Wikidata.¹ Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

2008Acquired Grant Prideco¹

Former names

NATIONAL OILWELL VARCO INCMar 11, 2005 to Dec 22, 2020⁷
NATIONAL OILWELL INCOct 4, 1996 to Mar 8, 2005⁷

Timeline

Feb 9, 2026New chief executive Jose A. Bayardo becomes CEO²⁰
Feb 27, 2014New chief executive Clay C. Williams becomes CEO²¹
Feb 22, 2006New chief executive Merrill A. Miller Jr. becomes CEO²²
Mar 14, 2005Went public Listed on NYSE¹
1862Founded Founded¹

Filings

337 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 196 insider forms, 33 large holders, 45 other. The latest 20:

Aug 6, 2026SCHEDULE 13G/A EDGAR
Jul 31, 2026144 EDGAR
Jul 31, 20264 EDGAR
Jul 29, 202610-Q EDGAR
Jul 29, 20268-K EDGAR
Jun 22, 202611-K EDGAR
May 29, 2026SD EDGAR
May 22, 20268-K EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 22, 20264 EDGAR
May 15, 2026SCHEDULE 13G/A EDGAR
Apr 30, 2026SCHEDULE 13G EDGAR
Apr 29, 2026SCHEDULE 13G EDGAR
Apr 28, 202610-Q EDGAR

The 337 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

18 open-market trades by officers, directors and large owners since October 2021: 1 buys and 17 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Jul 31, 2026	HARRISON DAVID DDirector	Sale	9,594	$19.21	$184.3K	Form 4
Feb 23, 2026	Weinstock Craig L.Sr. VP. & Gen. Counsel	Sale	70,000	$20.08	$1.4M	Form 4
Feb 23, 2026	Rovig Joseph WPresident - Energy Equipment	Sale	151,086	$20.17	$3.0M	Form 4
Nov 21, 2025	Kendall Christian SDirector	Buy	70,000	$14.46	$1.0M	Form 4
Nov 20, 2024	HARRISON DAVID DDirector	Sale	1,784	$16.10	$28.7K	Form 4
Nov 7, 2024	Livingston Scott B.See Remarks	Sale	29,410	$16.49	$485.0K	Form 4
Nov 7, 2024	Rovig Joseph WPresident - Energy Equipment	Sale	73,256	$16.40	$1.2M	Form 4
Nov 7, 2024	Novak Christy LynnVP, Corp. Controller, CAO	Sale	40,953	$16.44	$673.4K	Form 4
Nov 7, 2024	Weinstock Craig L.Sr. VP. & Gen. Counsel	Sale	30,481	$16.45	$501.5K	Form 4
Feb 22, 2024	Novak Christy LynnVP, Corp. Controller, CAO	Sale	3,500	$17.43	$61.0K	Form 4
Feb 28, 2023	MATTSON ERIC LDirector	Sale	20,681	$21.90	$452.9K	Form 4
Feb 27, 2023	Novak Christy LynnVP, Corp. Controller, CAO	Sale	9,607	$21.86	$210.0K	Form 4
Nov 4, 2022	Novak Christy LynnVP, Corp. Controller, CAO	Sale	4,575	$23.17	$106.0K	Form 4
Nov 1, 2022	Joseph Isaac H.See Remarks	Sale	2,500	$22.77	$56.9K	Form 4
Sep 1, 2022	HARRISON DAVID DDirector	Sale	3,112	$17.01	$52.9K	Form 4
Aug 29, 2022	ARMSTRONG GREG LDirector	Sale	10,381	$18.99	$197.1K	Form 4
May 25, 2022	MATTSON ERIC LDirector	Sale	9,819	$19.15	$188.0K	Form 4
Oct 28, 2021	MATTSON ERIC LDirector	Sale	8,157	$14.53	$118.5K	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

First Eagle Investment Management, LLCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Aug 6, 2026⁵⁹
Hotchkis & Wiley Capital ManagementSCHEDULE 13G/A, 7 filings Feb 11, 2022 to May 15, 2026⁶⁰
VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 2026⁶¹
VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026⁶²
VANGUARD GROUP INCSCHEDULE 13G/A, 7 filings Feb 10, 2022 to Mar 27, 2026⁶³
DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G, 1 filing Oct 9, 2025⁶⁴
FMR LLCSC 13G/A, 2 filings Feb 9, 2024 to Nov 12, 2024⁶⁵
PZENA INVESTMENT MANAGEMENT LLCSCHEDULE 13G, 4 filings Jan 19, 2022 to Oct 4, 2024⁶⁶
State Street CorporationSC 13G/A, 1 filing Feb 9, 2022⁶⁷

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
First Eagle Investment Management, LLC	61,369,382	$1.1B	0.9%	+24,961,023
BlackRock, Inc.	37,626,738	$698.0M	0.0%	−193,304
Pzena Investment Management LLC	36,376,087	$674.8M	2.0%	−1,159,362
Dimensional Fund Advisors LP	19,669,754	$364.9M	0.1%	+265,435
Vanguard Portfolio Management LLC	18,926,272	$351.1M	0.0%	+174,200
Vanguard Capital Management LLC	16,267,287	$301.8M	0.0%	+80,991
Hotchkis & Wiley Capital Management LLC	14,353,823	$266.3M	0.8%	−565,790
State Street Corp	12,286,072	$227.9M	0.0%	−106,845
American Century Companies Inc	10,367,359	$192.3M	0.1%	+359,499
Aqr Capital Management LLC	8,676,962	$161.0M	0.1%	+2,955,985
Geode Capital Management, LLC	7,062,089	$131.0M	0.0%	+78,512
First Pacific Advisors, LP	6,392,388	$118.6M	1.5%	+71,630
Greenhaven Associates Inc	5,620,019	$104.3M	1.2%	−131,319
Van Eck Associates Corp	4,393,205	$81.5M	0.0%	−509,581
Bank Of America Corp /de/	4,178,984	$77.5M	0.0%	−396,466
Two Sigma Investments, LP	4,105,593	$76.2M	0.1%	+2,876,610
Charles Schwab Investment Management Inc	4,012,088	$74.4M	0.0%	−41,939
First Trust Advisors LP	3,885,408	$72.1M	0.0%	−3,307,327
Earnest Partners LLC	3,846,305	$71.3M	0.3%	−53,071
Oldfield Partners LLP	3,352,580	$62.2M	15.0%	−1,692,752
Northern Trust Corp	3,149,817	$58.4M	0.0%	+36,756
Bank of New York Mellon Corp	2,952,393	$54.8M	0.0%	−296,304
Morgan Stanley	2,891,805	$53.6M	0.0%	−317,871
Goldman Sachs Group Inc	2,697,879	$50.0M	0.0%	−1,392,546
Millennium Management LLC	2,589,188	$48.0M	0.0%	−297,222

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Date	Member	Trade	Amount	Vs S&P since	Filing
Jul 16, 2025	Lisa C. McClainRepublican, House	Sale	$1,001 - $15,000	−22.9%	Report
Jun 24, 2025	Lisa C. McClainRepublican, House	Buy	$1,001 - $15,000	+15.3%	Report
Apr 10, 2023	Daniel S. GoldmanDemocratic, House	Sale	$1,001 - $15,000	+86.8%	Report
Mar 1, 2023	Daniel S. GoldmanDemocratic, House	Buy	$1,001 - $15,000	−111.6%	Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataNational Oilwell Varco on Wikidata
2
SEC EDGARNational Oilwell Varco filings on SEC EDGAR
3
WikipediaNational Oilwell Varco on Wikipedia
4
GLEIFNational Oilwell Varco LEI record (549300EHF3IW1AR6U008)
5
Yahoo FinanceNOV quote
6
Wikimedia CommonsNational Oilwell Varco logo by Unknown author Unknown author, Public domain
7
SEC EDGARNational Oilwell Varco filings on SEC EDGAR
8
WikipediaNational Oilwell Varco on Wikipedia (revision used)
9
GLEIFRobbins & Myers: LEI record
10
Wikimedia CommonsNational Oilwell Varco photo by Slforres, CC BY-SA 4.0
11
SEC EDGARNational Oilwell Varco 10-K for fiscal 2025
12
SEC EDGARNational Oilwell Varco 10-K for fiscal 2019
13
SEC EDGARNational Oilwell Varco 10-K for fiscal 2020
14
SEC EDGARNational Oilwell Varco 10-K for fiscal 2021
15
SEC EDGARNational Oilwell Varco 10-K for fiscal 2022
16
SEC EDGARNational Oilwell Varco 10-Q for fiscal 2025
17
SEC EDGARNational Oilwell Varco 10-Q for fiscal 2025
18
SEC EDGARNational Oilwell Varco 10-Q for fiscal 2026
19
SEC EDGARNational Oilwell Varco 10-K for fiscal 2019
20
SEC EDGARJose A. Bayardo, Chief executive officer
21
SEC EDGARClay C. Williams, Chief executive officer
22
SEC EDGARMerrill A. Miller Jr., Chief executive officer
23
SEC EDGARClay C. Williams, Chair
24
SEC EDGARMerrill A. Miller Jr., Chair
25
SEC EDGARJose A. Bayardo, President
26
SEC EDGARJoseph W. Rovig, President
27
SEC EDGARClay C. Williams, President
28
SEC EDGARMark A. Reese, President
29
SEC EDGARHaynes B. Smith, President
30
SEC EDGARKevin A. Neveu, President
31
SEC EDGARRodney C. Reed, Chief financial officer
32
SEC EDGARJose A. Bayardo, Chief financial officer
33
SEC EDGARJeremy D. Thigpen, Chief financial officer
34
SEC EDGARClay C. Williams, Chief financial officer
35
SEC EDGARScott B. Livingston, Officer
36
SEC EDGARIsaac H. Joseph, Pres. - Wellbore Technologies
37
SEC EDGARKirk M. Shelton, Pres. - Compl. and Prod. Sol.
38
SEC EDGARChristy Lynn Novak, VP, Corp. Controller, CAO
39
SEC EDGARJose A. Bayardo, Officer
40
SEC EDGARJoseph W. Rovig, Officer
41
SEC EDGARScott K. Duff, VP, Corp. Controller, CAO
42
SEC EDGARCraig L. Weinstock, Senior VP, GC & Secretary
43
SEC EDGARDwight W. Rettig, Vice Pres. & Gen. Counsel
44
SEC EDGARRobert W. Blanchard, VP Cntrlr Chf Acctg Offcr
45
SEC EDGARSanjay Chowbey, Board member
46
SEC EDGARPatricia B. Melcher, Board member
47
SEC EDGARPatricia Martinez, Board member
48
SEC EDGARChristian S. Kendall, Board member
49
SEC EDGARRobert S. Welborn, Board member
50
SEC EDGARMelody Meyer, Board member
51
SEC EDGARJim Hackett, Board member
52
SEC EDGARMarcela E. Donadio, Board member
53
SEC EDGARJeff Smisek, Board member
54
SEC EDGARRoger L. Jarvis, Board member
55
SEC EDGARJames D. Woods, Board member
56
SEC EDGARBen A. Guill, Board member
57
SEC EDGAREric L. Mattson, Board member
58
SEC EDGARRobert E. Beauchamp, Board member
59
SEC EDGARFirst Eagle Investment Management, LLC SCHEDULE 13G/A on National Oilwell Varco
60
SEC EDGARHotchkis & Wiley Capital Management SCHEDULE 13G/A on National Oilwell Varco
61
SEC EDGARVANGUARD CAPITAL MANAGEMENT LLC SCHEDULE 13G on National Oilwell Varco
62
SEC EDGARVANGUARD PORTFOLIO MANAGEMENT LLC SCHEDULE 13G on National Oilwell Varco
63
SEC EDGARVANGUARD GROUP INC SCHEDULE 13G/A on National Oilwell Varco
64
SEC EDGARDIMENSIONAL FUND ADVISORS LP SCHEDULE 13G on National Oilwell Varco
65
SEC EDGARFMR LLC SC 13G/A on National Oilwell Varco
66
SEC EDGARPZENA INVESTMENT MANAGEMENT LLC SCHEDULE 13G on National Oilwell Varco
67
SEC EDGARState Street Corporation SC 13G/A on National Oilwell Varco