Stock Price Falling for a Reason - District Manager NOV Employee Review

2.0
8 Feb 2022
Recommend
CEO approval
Business outlook

Pros

Company Vehicle used for personal time and management all started as field service technician within the NOV-MDtotco organization.

Cons

NOV has to constantly adapt to the WTI oil price market. During high oil prices NOV will be busy asking a lot of their management team. This includes constantly asking employees to work overtime but not allowing additional staffing. During down turn of WIT oil price NOV cut 401K matching, increased medical insurance deductible and any additional incentive to stay with NOV. Management is required to maintain a 24/7 operation without any incentive. NOV also made it mandatory for NOV-MDTotco (Subdivision of NOV) field service technicians to be "On-Call" 24/7 but only allowing 40hours a week of paid time.

Explore other reviews about NOV

5.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Good Resources to do job

Cons

Lack of Training for improvement - learn as you go

4.0
17 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Very work/life balance friendly. Very strong benefits package.

Cons

Very Siloed. NOV is the result of over 100 acquisitions and the fractured condition of systems and procedures is evident. Leadership is working on it.

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