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NOV (NOV) 6-Month Price Index

: 0.88 (As of Today)
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6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-18), NOV's 6-Month Price Index is 0.88.


Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, NOV's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NOV  (NYSE:NOV) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NOV  (NYSE:NOV) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


NOV 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of NOV's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


NOV (NOV) Business Description

Industry
Traded in Other Exchanges
Address
10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.
Executives
Eric L Mattson director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Christy Lynn Novak officer: VP, Corp. Controller, CAO C/O NOV INC., 7909 PARKWOOD CIRCLE DR., HOUSTON TX 77036
Kirk M. Shelton officer: Pres. - Compl. and Prod. Sol. C/O NOV INC., 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036
Isaac H. Joseph officer: See Remarks C/O NOV INC., 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036
David D Harrison director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Greg L Armstrong director
Robert S. Welborn director C/O NOV INC., 7909 PARKWOOD CIRCLE DR., HOUSTON TX 77036
Scott K. Duff officer: VP Cntrlr Chf Acctg Offcr 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Jose A Bayardo officer: Senior VP and CFO 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Joseph W Rovig officer: See Remarks 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Clay C Williams director, officer: Chairman, President and CEO
Craig L. Weinstock officer: Sr. VP. & Gen. Counsel 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Melody B Meyer director 1 NORTH WAUKEGAN ROAD, NORTH CHICAGO IL 60064
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565

NOV (NOV) Headlines

From GuruFocus

Oldfield Partners LLP Buys NOV Inc, Sells SK Telecom Co, Ternium SA, Infosys

By GuruFocus Research GuruFocus Editor 02-08-2022

NOV Declares Regular Quarterly Dividend

By Business Wire 08-17-2023

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By GuruFocus Research GuruFocus Editor 11-10-2022

NOV Announces First Quarter 2022 Earnings Conference Call

By Business Wire Business Wire 03-18-2022

NOV Announces Second Quarter 2022 Earnings Conference Call

By Business Wire Business Wire 06-09-2022

NOV Declares Regular Quarterly Dividend

By Business Wire Business Wire 05-18-2023