Joseph Rovig - NOV President - Rig Systems & Rig Aftermarket

NOV Stock  MXN 322.44  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 10 years
Phone713 346 7500
Webhttps://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.

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.

Similar Executives

Showing other executives

PRESIDENT Age

Myrtle JonesHalliburton
63
Katherine QuinnUS Bancorp
58
Mark JohnsonNOW Inc
41
Daniel BartlettWalmart
47
Robert TelesmanicCognizant Technology Solutions
56
Joe RaineyHalliburton
66
Raymond ChangNOW Inc
52
Andrew CecereUS Bancorp
62
Rachel BrandWalmart
49
Eric CarreHalliburton
56
Brett BiggsWalmart
55
Mark LyonsAmerican International Group
66
Jeffrey MillerHalliburton
59
David ChojnowskiWalmart
49
Edgard AguilarSouthern Copper
67
Charles GeerHalliburton
53
Srinivasan VeeraraghavacharyCognizant Technology Solutions
63
John RepkoAmerican International Group
60
M BiggsWalmart
50
David CherechinskyNOW Inc
59
Mark RichardHalliburton
61
National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. The company was founded in 1862 and is based in Houston, Texas. National Oilwell operates under Oil Gas Equipment Services classification in Mexico and is traded on Mexico Stock Exchange. It employs 34220 people. NOV Inc (NOV) is traded on Mexican Exchange in Mexico and employs 22 people.

Management Performance

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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for NOV Stock Analysis

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.