Market Performance
- Nov Inc. (NOV) traded up 1.64 % during a 24‑hour period ending at 11:47 PM Central Europe on Thursday, 22 November 2026.
- The share price was USD 18.76 on major exchanges.
- Current market capitalization: USD 6.8 bn.
- Outstanding shares: 356.5 million.
- Volume in last 24 hours: USD 48.1 mn.
- Price trend: Down 4.51 % since the previous month’s close.
- 200‑day simple moving average: USD 19.58.
- 52‑week high: USD 21.93 (09/09/2026).
- 52‑week low: USD 13.84 (10/24/2025).
Company Overview
Nov Inc. is a U.S.‑based provider of equipment, components, and services for oil and gas drilling and production. Its headquarters are in Houston, and it serves a global customer base within the upstream oil and gas sector.
Recent Financial Highlights
Eternal Limited, a related company, reported the following for the quarter ended September 2026:
- Consolidated net order value rose substantially, driven by growth in its quick‑commerce arm Blinkit and continued momentum in food delivery.
- Overall revenue and order volume expanded, but adjusted EBITDA fell short of expectations due to higher inventory, dark‑store expansion, and marketing spend.
- Margins in food delivery and quick‑commerce are improving; the quick‑commerce segment achieved a positive adjusted EBITDA for the first time in two years.
- Cash balances declined modestly, largely because of seasonal working‑capital needs and tax payments.
- Management remains confident in funding ongoing store roll‑outs and infrastructure scale.
- The company emphasizes maintaining execution advantage while navigating competitive pressures and potential impacts from emerging agentic commerce.
Related Stock Movements (Last 24 Hours)
| Ticker | Current Price | % Change | Market Cap | Notes |
|---|---|---|---|---|
| CLF (Cleveland‑Cliffs) | USD 13.05 | +2.78 % | USD 8 bn | 10‑Q filed for quarter ended 30 Sep 2026; continues core mining operations. |
| NEU (Newmarket) | USD 876.33 | +0.60 % | USD 8.1 bn | P/E ratio 18.98. |
| ETSY (Etsy) | USD 90.82 | –0.21 % | USD 8 bn | Sold Depop to eBay for ~USD 1.4 bn; part of portfolio realignment. |
| WLK (Westlake) | USD 64.14 | –2.95 % | USD 8 bn | Third‑quarter 2026 earnings to be released 4 Nov 2026; 40th‑year anniversary. |
| APPF (AppFolio) | USD 217.33 | –2.91 % | USD 8 bn | P/E ratio 50.98; preparing Q4 2026 results on 22 Oct 2026. |
Summary
Nov Inc. continues to trade modestly above its 200‑day moving average, with a current price of USD 18.76 and a market capitalization of USD 6.8 bn. Recent activity in related companies shows a mix of upward and downward movements, with notable filings and strategic transactions affecting valuations. The company’s focus remains on delivering equipment and services to the upstream oil and gas industry while maintaining financial discipline and growth momentum.
