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Connor Clark and Lunn Investment Management Ltd. acquired a new position in NOV Inc. (NYSE: NOV) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,430 shares of the oil and gas exploration company's stock, valued at
Nov Inc. (NOV) reported earnings 30 days ago. What's next for the stock?
Algert Global LLC trimmed its position in shares of NOV Inc. (NYSE: NOV) by 34.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440,660 shares of the oil and gas exploration company's stock after selling 231,350 shares during the
HOUSTON, Aug. 19, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.09 per share of common stock, payable on September 25, 2026 to each stockholder of record on September 11, 2026. About NOV NOV delivers technology-driven solutions to empower the global energy industry.
NOV Inc. has outperformed the energy sector recently, driven by oil price leverage and higher financial beta. I see limited upside for NOV stock due to its premium valuation (23.0x P/E) versus peers and lack of a high-growth digital segment. NOV's deepwater and FPSO exposure is a double-edged sword; potential oil price declines could disproportionately impact its offshore business.
NOV, Oil States International and Natural Gas Services have been highlighted in this Industry Outlook article.
Edgestream Partners L.P. reduced its stake in shares of NOV Inc. (NYSE: NOV) by 18.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 132,431 shares of the oil and gas exploration company's stock after selling 29,162 shares during the period. Edgestream Partners L.P.'s holdings
Softer equipment demand and conservative capital spending by upstream players make the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. NOV, OIS and NGS are trying to survive industry challenges.