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Held by 441 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $20.53 today, the market must believe free cash flow compounds -4.5%/yr for a decade (off $915M normalized FCF).
The market's -4.5% is more conservative than its 9-yr track record.
2-stage DCF · 0.36B shares · net debt $166M
mean -82.1% · volatility σ 208% · implied rate exceeded in 2/7 yrs
Central path = implied -4.5%/yr growth; shaded band = ±1σ (208%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | $682.3B | 24.4× | — | 2.0× | -5.0% | — | 8.7% | 11.1% | 10.7% | — | 4,568 |
| SHEL | $545.2B | — | — | — | — | — | — | — | — | — | 1,521 |
| CVX | $391.2B | 31.9× | — | 2.1× | -6.8% | 42.8% | 6.5% | 6.6% | 6.6% | — | 4,121 |
| TTE | $202.1B | — | — | — | — | — | — | — | — | — | 951 |
| COP | $166.8B | 21.0× | — | 2.8× | 7.7% | 62.1% | 13.6% | 12.4% | 12.2% | — | 2,450 |
| PBR | $155.8B | — | — | — | — | — | — | — | — | — | 524 |
| MPC | $128.7B | 31.9× | 11.0× | 1.0× | -4.4% | 10.0% | 3.0% | 23.4% | 20.6% | 0.2× | 1,802 |
| VLO | $127.5B | 54.5× | 24.1× | 1.0× | -5.5% | 4.4% | 1.9% | 9.9% | 7.1% | 1.7× | 1,781 |
| BP | $117.0B | — | — | — | — | — | — | — | — | — | 1,220 |
| PSX | $111.3B | 25.4× | — | 0.8× | -7.5% | 12.3% | 3.3% | 15.1% | 14.6% | — | 2,041 |
| EQNR | $110.8B | — | — | — | — | — | — | — | — | — | 398 |
| WMB | $87.7B | 33.6× | 17.8× | 7.3× | 13.8% | — | 21.9% | 20.4% | 6.3% | 4.4× | 1,736 |
| EPD | $84.1B | — | 12.6× | 1.6× | -6.4% | 26.7% | 11.0% | — | — | 3.7× | 1,573 |
| EOG | $79.0B | 15.9× | 7.7× | 3.5× | -4.5% | — | 22.0% | 16.7% | 13.2% | 0.7× | 1,525 |
| SLB | $77.9B | 22.2× | — | 2.2× | -1.6% | — | 9.4% | 12.9% | 9.4% | — | 1,624 |
| ET | $72.5B | — | 9.8× | 0.8× | 3.5% | 25.8% | 5.2% | 9.0% | 3.8% | 4.8× | 1,244 |
| KMI | $69.7B | 22.9× | 14.2× | 4.1× | 12.2% | — | 18.0% | 9.8% | 4.8% | 4.5× | 1,745 |
| TRGP | $61.2B | 33.6× | 16.2× | 3.6× | 3.9% | 38.3% | 11.3% | 62.7% | 9.4% | 3.6× | 979 |
| TS | $60.6B | — | — | — | — | — | — | — | — | — | 248 |
| MPLX | $59.4B | — | — | 4.6× | 8.9% | — | 38.1% | — | — | — | 622 |
| LNG | $59.3B | 11.2× | 7.8× | 3.0× | 27.2% | — | 26.7% | 67.3% | 17.3% | 2.2× | 1,303 |
| OKE | $58.7B | 17.2× | 12.4× | 1.8× | 55.0% | 30.5% | 10.1% | 15.1% | 6.3% | 4.4× | 1,622 |
| OXY | $58.5B | 36.8× | — | 2.7× | -1.9% | — | 11.0% | 6.6% | 4.2% | — | 1,250 |
| BKR | $56.2B | — | — | 2.0× | -0.3% | — | 9.3% | 13.7% | 13.3% | — | 1,095 |
| FANG | $56.0B | 34.4× | 11.2× | 3.7× | 35.8% | — | 11.1% | 4.5% | 3.2% | 2.3× | 1,141 |
| NOV | $7.4B | 52.6× | 9.5× | 0.8× | -1.4% | 20.2% | 1.7% | 2.3% | 1.8% | 2.2× | 441 |
Peers = companies sharing NOV's sector (Energy) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage rising year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 22% of free cash flow, leaving room to grow it and fund buybacks. Last year: $190M dividends + $315M buybacks = $505M returned on $876M FCF.
5 consecutive years of dividend increases · -2%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 2%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $1.6B covers the $31M due within a year 50.1× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~5.1% on $1.7B of debt.
Cash of $1.6B fully covers short-term debt of $30M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 14-yr range · 68th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 30.7× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 82.9 | 90.0 | 92.9 | 86.0 | 81.6 | 78.6 | 77.3 | 79.8 |
| Gross Profit | 17.1 | 10.0 | 7.1 | 14.0 | 18.4 | 21.4 | 22.7 | 20.2 |
| SG&A | 14.6 | 15.4 | 15.9 | 16.4 | 14.8 | 13.8 | 12.8 | 13.8 |
| Operating Income | 2.5 | -74.1 | -39.8 | -2.4 | 3.6 | 7.6 | 9.9 | 5.6 |
| Income Tax | 0.7 | -4.4 | -4.0 | 0.3 | 1.1 | -4.3 | 2.2 | 2.6 |
| Net Income | -0.4 | -71.9 | -41.7 | -4.5 | 2.1 | 11.6 | 7.2 | 1.7 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on NOV: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.74B 100.0% | $8.87B 100.0% | $8.58B 100.0% | $7.24B 100.0% | $5.52B 100.0% | $6.09B 100.0% | $8.48B 100.0% | $8.45B 100.0% | $7.30B 100.0% | $7.25B 100.0% |
| Cost of Revenue | $6.98B 79.8% | $6.86B 77.3% | $6.75B 78.6% | $5.90B 81.6% | $4.75B 86.0% | $5.66B 92.9% | $7.63B 90.0% | $7.01B 82.9% | $6.41B 87.8% | $7.35B 101.4% |
| Cost of Products | — | — | — | — | — | — | — | — | $4.50B 61.6% | $5.67B 78.2% |
| Cost of Services | — | — | — | — | — | — | — | — | $1.91B 26.2% | $1.68B 23.2% |
| Gross Profit | $1.77B 20.2% | $2.01B 22.7% | $1.83B 21.4% | $1.33B 18.4% | $774.0M 14.0% | $434.0M 7.1% | $845.0M 10.0% | $1.44B 17.1% | $892.0M 12.2% | -$101.0M -1.4% |
| Selling, General & Admin | $1.20B 13.8% | $1.13B 12.8% | $1.18B 13.8% | $1.07B 14.8% | $908.0M 16.4% | $968.0M 15.9% | $1.30B 15.4% | $1.23B 14.6% | $1.17B 16.0% | $1.34B 18.5% |
| Operating Income | $494.0M 5.6% | $876.0M 9.9% | $651.0M 7.6% | $264.0M 3.6% | -$134.0M -2.4% | -$2.42B -39.8% | -$6.28B -74.1% | $211.0M 2.5% | -$277.0M -3.8% | -$2.41B -33.3% |
| Interest Expense | $88.0M 1.0% | $91.0M 1.0% | $88.0M 1.0% | $78.0M 1.1% | $77.0M 1.4% | $84.0M 1.4% | $100.0M 1.2% | $93.0M 1.1% | $102.0M 1.4% | $105.0M 1.4% |
| Interest & Investment Income | $51.0M 0.6% | $38.0M 0.4% | $28.0M 0.3% | $19.0M 0.3% | $9.0M 0.2% | $7.0M 0.1% | $20.0M 0.2% | $25.0M 0.3% | $25.0M 0.3% | $15.0M 0.2% |
| Other Income (Expense), net | -$66.0M -0.8% | -$28.0M -0.3% | -$98.0M -1.1% | -$35.0M -0.5% | -$23.0M -0.4% | -$17.0M -0.3% | -$90.0M -1.1% | -$99.0M -1.2% | -$33.0M -0.5% | -$101.0M -1.4% |
| Pretax Income | $375.0M 4.3% | $831.0M 9.4% | $612.0M 7.1% | $238.0M 3.3% | -$230.0M -4.2% | -$2.78B -45.6% | -$6.46B -76.2% | $41.0M 0.5% | -$392.0M -5.4% | -$2.62B -36.2% |
| Income Tax Expense | $224.0M 2.6% | $196.0M 2.2% | -$373.0M -4.3% | $83.0M 1.1% | $15.0M 0.3% | -$242.0M -4.0% | -$369.0M -4.4% | $63.0M 0.7% | -$156.0M -2.1% | -$207.0M -2.9% |
| Net Income | $145.0M 1.7% | $635.0M 7.2% | $993.0M 11.6% | $155.0M 2.1% | -$250.0M -4.5% | -$2.54B -41.7% | -$6.09B -71.9% | -$31.0M -0.4% | -$237.0M -3.2% | -$2.41B -33.3% |
| Per Share | ||||||||||
| EPS (Basic) | $0.39 | $1.62 | $2.53 | $0.40 | $-0.65 | $-6.62 | $-15.96 | $-0.08 | $-0.63 | $-6.41 |
| EPS (Diluted) | $0.39 | $1.60 | $2.50 | $0.39 | $-0.65 | $-6.62 | $-15.96 | $-0.08 | $-0.63 | $-6.41 |
| Weighted Avg Shares (Basic) | 372.0M | 392.0M | 393.0M | 390.0M | 386.0M | 384.0M | 382.0M | 378.0M | 377.0M | 376.0M |
| Weighted Avg Shares (Diluted) | 375.0M | 396.0M | 397.0M | 394.0M | 386.0M | 384.0M | 382.0M | 378.0M | 377.0M | 376.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.