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NOV Inc.: Business Overview, Financials & Competitive Analysis

NOV 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. For more t...

Analyst-debate audio for NOV Inc.

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What's in This Report
NOV Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Solid

Cyborg Score thesis

Established energy infrastructure player with dual-segment diversification and capital deployment initiatives positioned for...

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Industry Oilfield Services and Equipment
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: July 27, 2026
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NOV Inc. Overview

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NOV 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. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The company operates globally across six continents with ~37,000 employees.

Strategic Profile

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NOV operates through two reportable segments: energy products and services and energy equipment. International markets contribute nearly two-thirds of its annual revenue. NOV's main products and services include technologies for drilling, completion, and production needs, with a strong emphasis on digital solutions such as automation, predictive analytics, and condition-based maintenance.

Competitive Landscape

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Baker Hughes, Forum Energy Technologies, Sinopec Oilfield Equipment, SLB, and ChampionX are competitors of NOV. NOV competes primarily on technological capability, global supply chain integration, and service breadth within the upstream oil and gas equipment and services sector.

Industry Context

NOV Inc. operates in Oilfield Services and Equipment.

Key facts

Founded: 1862 · Headquarters: Houston, US · Employees: 37,000 · Revenue: $8.69B · Market cap: $7.34B

What the analysts stress-tested

The top findings that survived the multi-agent debate for NOV Inc..

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Baker HughesOil and gas equipment and services→Schlumberger (SLB)Oilfield services and technology→ChampionXChemical and energy solutions→Forum Energy TechnologiesSubsea equipment and components→

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Industry context

NOV Inc. operates in Oilfield Services and Equipment. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does NOV Inc. do?+
NOV 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. For more t...
What is NOV Inc.'s Cyborg Score?+
NOV Inc. has a Cyborg Score of 7/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are NOV Inc.'s main competitors?+
Named competitors include Baker Hughes, Schlumberger (SLB), ChampionX, Forum Energy Technologies. The full competitive landscape is in the AskCyborg report.
How can I get the full NOV Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the NOV Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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