NOV vs. BP
Compare and contrast key facts about National Oilwell Varco, Inc. (NOV) and BP p.l.c. (BP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOV or BP.
Correlation
The correlation between NOV and BP is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NOV vs. BP - Performance Comparison
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Key characteristics
NOV:
-0.78
BP:
-0.59
NOV:
-1.00
BP:
-0.61
NOV:
0.87
BP:
0.92
NOV:
-0.38
BP:
-0.54
NOV:
-1.31
BP:
-1.17
NOV:
24.73%
BP:
14.05%
NOV:
42.28%
BP:
28.74%
NOV:
-89.77%
BP:
-69.44%
NOV:
-83.21%
BP:
-21.18%
Fundamentals
NOV:
$4.72B
BP:
$76.50B
NOV:
$1.49
BP:
-$0.41
NOV:
0.27
BP:
13.74
NOV:
0.54
BP:
0.41
NOV:
0.75
BP:
1.33
NOV:
$8.82B
BP:
$187.21B
NOV:
$2.13B
BP:
$28.89B
NOV:
$1.22B
BP:
$26.41B
Returns By Period
In the year-to-date period, NOV achieves a -13.65% return, which is significantly lower than BP's 1.79% return. Over the past 10 years, NOV has underperformed BP with an annualized return of -11.95%, while BP has yielded a comparatively higher 2.15% annualized return.
NOV
-13.65%
0.08%
-20.77%
-32.66%
-10.19%
1.64%
-11.95%
BP
1.79%
4.78%
3.44%
-16.75%
2.80%
10.02%
2.15%
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Risk-Adjusted Performance
NOV vs. BP — Risk-Adjusted Performance Rank
NOV
BP
NOV vs. BP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Oilwell Varco, Inc. (NOV) and BP p.l.c. (BP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NOV vs. BP - Dividend Comparison
NOV's dividend yield for the trailing twelve months is around 2.39%, less than BP's 6.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOV National Oilwell Varco, Inc. | 2.39% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% | 2.46% |
BP BP p.l.c. | 6.58% | 6.18% | 4.71% | 3.94% | 4.83% | 9.21% | 6.48% | 6.36% | 5.66% | 6.37% | 7.63% | 6.14% |
Drawdowns
NOV vs. BP - Drawdown Comparison
The maximum NOV drawdown since its inception was -89.77%, which is greater than BP's maximum drawdown of -69.44%. Use the drawdown chart below to compare losses from any high point for NOV and BP. For additional features, visit the drawdowns tool.
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Volatility
NOV vs. BP - Volatility Comparison
National Oilwell Varco, Inc. (NOV) has a higher volatility of 9.97% compared to BP p.l.c. (BP) at 9.09%. This indicates that NOV's price experiences larger fluctuations and is considered to be riskier than BP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NOV vs. BP - Financials Comparison
This section allows you to compare key financial metrics between National Oilwell Varco, Inc. and BP p.l.c.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NOV vs. BP - Profitability Comparison
NOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, National Oilwell Varco, Inc. reported a gross profit of 447.00M and revenue of 2.10B. Therefore, the gross margin over that period was 21.3%.
BP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, BP p.l.c. reported a gross profit of 8.44B and revenue of 46.91B. Therefore, the gross margin over that period was 18.0%.
NOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, National Oilwell Varco, Inc. reported an operating income of 152.00M and revenue of 2.10B, resulting in an operating margin of 7.2%.
BP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, BP p.l.c. reported an operating income of 3.93B and revenue of 46.91B, resulting in an operating margin of 8.4%.
NOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, National Oilwell Varco, Inc. reported a net income of 73.00M and revenue of 2.10B, resulting in a net margin of 3.5%.
BP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, BP p.l.c. reported a net income of 687.00M and revenue of 46.91B, resulting in a net margin of 1.5%.