National Oilwell Varco Inc. (NOV, $36.85) to Report Its Q3 Results – What to Expect?
Houston, TX-based National Oilwell Varco Inc. is one of the global leaders in designing, manufacturing and selling of comprehensive systems, components, products and equipment used in oil and gas drilling and production worldwide.
After struggling through a difficult oil market downturn, the company in Q2 2018 not only posted positive numbers but also surpassed a majority of the analyst’s estimates quite comprehensively, thanks to the sustained progress in the oil market.
So as the company is about to publish its Q3 results, the investor community expects its performance to improve further, given the positive outlook given by the CFO in the previous quarterly call.
Here are three things to look for:
1) Look for rig technologies to lose some luster, largely owing to conversion of inventory into cash that has been slow to move during this prolonged downturn period (and also because of the industry hovering near its cyclical lows).
2) Look for wellbore technologies to maintain momentum largely owing to the new orders coming in thanks to improvement in the international oil markets. Improving oil prices has helped bring back the infrastructure investments in the industry.
3) Look for the completion and production solutions segment to improve further thanks to sustained improvement in the capital equipment market.
NOV in upward trend: price may ascend as a result of having broken its lower Bollinger Band on November 20, 2025
NOV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 36 cases where NOV's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 69 cases where NOV's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The 10-day moving average for NOV crossed bullishly above the 50-day moving average on October 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The 50-day moving average for NOV moved above the 200-day moving average on October 30, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOV advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 216 cases where NOV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for NOV moved out of overbought territory on November 12, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on November 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NOV as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NOV turned negative on November 17, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NOV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.853) is normal, around the industry mean (13.558). P/E Ratio (15.242) is within average values for comparable stocks, (23.506). Projected Growth (PEG Ratio) (0.268) is also within normal values, averaging (5.291). Dividend Yield (0.029) settles around the average of (0.041) among similar stocks. P/S Ratio (0.655) is also within normal values, averaging (1.342).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NOV’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a company which engages in manufacturing of oil & gas drilling field machinery and equipment
Industry OilfieldServicesEquipment
Advertisement