NOV Inc
NOV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&m | LOCK|x^ | LOCK|zV&KB$ |
NOV: Long-Term Energy Investment Needs Support Investment, but It's Baked Into the Stock
NOV saw total revenue decline 2% year on year, driven by disruptions in the Middle East. Higher costs from these same disruptions caused EBITDA margins to slip 340 basis points. The company also returned $100 million of capital to shareholders through dividends and buybacks.
