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NOV Stock: Why Holding for Now Is the Right Move, Not Buying
ZACKS· 2026-01-12 14:16
Key Takeaways NOV's shares jumped 37.9% in 3 months, beating oil and gas equipment peers and the broader energy sector.NOV logged a record $4.56B Energy Equipment backlog, with a 141% book-to-bill supporting visibility into 2026.NOV faces headwinds from a 68% YoY net income drop despite only a 1% revenue decline in Q3 2025.NOV Inc. (NOV) is a global provider of engineered equipment, components and technology solutions used in oil and gas drilling, well construction and production operations. Through its bro ...