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Added to YB: 2024-12-30

Pitch date: 2024-09-30

NOV [bullish]

NOV Inc.

+7.69%

current return

Author Info

No bio for this author

Company Info

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

Market Cap

$4.6B

Pitch Price

$15.22

Price Target

N/A

Dividend

2.51%

EV/EBITDA

3.80

P/E

7.48

EV/Sales

0.65

Sector

Energy Equipment and Services

Category

turnaround

Show full summary:
Hotchkis & Wiley Large Cap Fundamental Value Portfolio Holding: NOV Inc.

NOV: Leading oilfield equipment provider. Energy downturn hurt sales & profits. As activity rebounds, expect volume & pricing increases across product lines. Long-term earnings growth in Rig Aftermarket biz due to large installed base. Poised for recovery with energy sector upturn.

Read full article (1 min)