NOV Inc, headquartered in Houston, Texas, was founded in 1862 with a mission to innovate for the oil and gas industry. The company specializes in providing a wide range of products and services including drilling equipment, completion tools, and wellbore construction solutions, making it a key player in the energy sector.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NOV 3.60% 2029-12-01 USDNOV Inc | United States | 2029-12-01 | 3.600 | 4.43 |
| NOV 3.95% 2042-12-01 USDNOV Inc | United States | 2042-12-01 | 3.950 | 5.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NOV Inc has actively engaged in bond issuances to finance its operations and growth initiatives, with its first bonds issued in the late 1990s. Notably, the company issued a $500 million bond in 2020, attracting significant investor interest due to its competitive yields that were favorable compared to industry averages at the time. Current yields on NOV's bonds reflect the company's strong credit rating and stability, despite fluctuations in the energy market, highlighting its resilience and capacity to attract funding even during downturns.