Down Year - Anonymous employee NOV Employee Review

4.0
20 Jan 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Company is positioned to come out of this downturn way ahead of it's competitors because of it's low overall debt and excellent cash reserves. There may even be a chance of additional acquisitions as our competitors go bankrupt.

Cons

The management of the downturn at the local level needs to be better communicated and balanced as not all divisions are doing poorly and under performing.

Explore other reviews about NOV

5.0
25 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Great place to work. Good benefits.

Cons

Oil and gas is a cyclical industry

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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