Joseph Rovig - NOV President - Rig Systems & Rig Aftermarket
| NOV Stock | MXN 249.04 0.00 0.00% |
President
Mr. Joseph W. Rovig is President Rig Systems Rig Aftermarket of the Company. He has over 36 years of experience in the oilfield, where he started out as a roughneck. Mr. Rovig joined the Company in 2002 and has had several positions over the years, most recently as Senior Vice President, Offshore Drilling Equipment. since 2014.
| Age | 62 |
| Tenure | 12 years |
| Phone | 713 346 7500 |
| Web | https://www.nov.com |
Joseph Rovig Latest Insider Activity
Tracking and analyzing the buying and selling activities of Joseph Rovig against NOV stock is an integral part of due diligence when investing in NOV. Joseph Rovig insider activity provides valuable insight into whether NOV is net buyers or sellers over its current business cycle. Note, NOV insiders must abide by specific rules, including filing SEC forms every time they buy or sell NOV'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Joseph Rovig over six months ago Disposition of 73256 shares by Joseph Rovig of NOV at 16.3956 subject to Rule 16b-3 | ||
Joseph Rovig over six months ago Disposition of 2184 shares by Joseph Rovig of NOV at 15.54 subject to Rule 16b-3 | ||
Joseph Rovig over a year ago Disposition of 2864 shares by Joseph Rovig of NOV at 17.23 subject to Rule 16b-3 |
NOV Management Efficiency
The company has return on total asset (ROA) of 0.0168 % which means that it generated a profit of $0.0168 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0304 %, meaning that it generated $0.0304 on every $100 dollars invested by stockholders. NOV's management efficiency ratios could be used to measure how well NOV manages its routine affairs as well as how well it operates its assets and liabilities.NOV Inc has accumulated 1.72 B in total debt with debt to equity ratio (D/E) of 24.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NOV Inc has a current ratio of 3.23, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist NOV until it has trouble settling it off, either with new capital or with free cash flow. So, NOV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NOV Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NOV to invest in growth at high rates of return. When we think about NOV's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.0304 | |||
| Return On Asset | 0.0168 |
NOV Inc Leadership Team
Elected by the shareholders, the NOV's board of directors comprises two types of representatives: NOV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NOV. The board's role is to monitor NOV's management team and ensure that shareholders' interests are well served. NOV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NOV's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alex Philips, Chief Officer | ||
| Blake McCarthy, VP Relations | ||
| Kirk Shelton, Pres Solutions | ||
| Jose Bayardo, CFO, Senior Vice President | ||
| Clay Williams, Chairman of the Board and Presidentident, CEO | ||
| Christy Novak, Co VP | ||
| Joseph Rovig, President - Rig Systems & Rig Aftermarket | ||
| Bonnie Houston, Chief Officer | ||
| Isaac Joseph, President Wellbore Technologies | ||
| David Reid, Chief CTO |
NOV Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NOV a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0304 | |||
| Return On Asset | 0.0168 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 185.2 B | |||
| Shares Outstanding | 392.8 M | |||
| Shares Owned By Insiders | 0.65 % | |||
| Shares Owned By Institutions | 95.64 % | |||
| Price To Earning | (109.14) X | |||
| Price To Book | 1.49 X |
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When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.