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Nov Inc

Common Name
Nov
Country
United States
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
34,010
Ticker
NOV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Nov Inc. is a leading provider of technology and services to the energy industry. Specializing in the design and manufacture of equipment used in oil and gas extraction and production, Nov Inc. plays ...

Nov's GHG Emissions Data Preview

In 2024, Nov completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Nov has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=NOV&reporting_period=2024"

Verified Sources Behind Nov’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Nov’s data sources below and access millions more through our Disclosure Search.

a. Nov's Sustainability Report 2024
a. Nov's Sustainability Report 2024
b. Nov's Sustainability Report 2023
b. Nov's Sustainability Report 2023

Insights into Nov's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNov amounted to411,023metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Novincreased by 8.52%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Nov's Scope 1 Emissions Over Time

2021202220232024045 k90 k135 k180 ktCO2e-16%-9%0%
  • Total Scope 1
  • Year-over-Year Change

What are Nov's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nov were 135,554 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Nov reduced its Scope 1 emissions over time?

Since 2021, Nov's Scope 1 emissions have decreased by 23.56%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Nov's Scope 1 emissions remained relatively stable, indicating that Nov's emissions have plateaued with no significant change in its operational footprint.a

What are Nov's Scope 2 emissions?

In 2024, Nov reported Scope 2 greenhouse gas (GHG) emissions of 275,469 tCOâ‚‚e without specifying the calculation method.a

Has Nov reduced its Scope 2 emissions over time?

Since 2021, Nov's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 33.28%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Nov's Scope 2 emissions(Unspecified Calculation Method) rose by 13.32% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Nov use for Scope 2 reporting?

In 2024, Nov reported its Scope 2 emissions using an unspecified methodology.a

Nov's Scope 2 Emissions Over Time

2021202220232024070 k140 k210 k280 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nov’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nov reported Scope 1 greenhouse gas (GHG) emissions of 135,554 tCOâ‚‚e and total revenues of USD 8,870 millions. This translates into an emissions intensity of 15.28 tCOâ‚‚e per millions USD.a

Nov's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)CSCTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MCrescent EnergyYear: 2023Scope 1: 1,685,913 tCO2eRevenue: $M 2,383Scope 1 Intensity: 707.59 tCO2e/$MChord EnergyYear: 2024Scope 1: 1,944,660 tCO2eRevenue: $M 5,251Scope 1 Intensity: 370.34 tCO2e/$MCCCore LaboratoriesYear: 2024Scope 1: 11,675 tCO2eRevenue: $M 524Scope 1 Intensity: 22.29 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MSSSolaris Energy InfrastructureYear: 2020Scope 1: 2,094 tCO2eRevenue: $M 103Scope 1 Intensity: 20.33 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MPeabody EnergyYear: 2024Scope 1: 5,106,580 tCO2eRevenue: $M 4,237Scope 1 Intensity: 1,205.32 tCO2e/$MCCCVR EnergyYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 9,247Scope 1 Intensity: 363.36 tCO2e/$MEQT CorpYear: 2024Scope 1: 661,557 tCO2eRevenue: $M 5,222Scope 1 Intensity: 126.68 tCO2e/$MLiberty EnergyYear: 2024Scope 1: 2,442,979 tCO2eRevenue: $M 4,315Scope 1 Intensity: 566.14 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MCore Natural ResourcesYear: 2023Scope 1: 6,612,000 tCO2eRevenue: $M 2,507Scope 1 Intensity: 2,637.80 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MExtreme NetworksYear: 2024Scope 1: 2,511 tCO2eRevenue: $M 1,117Scope 1 Intensity: 2.25 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MSlbYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$M

How does Nov's GHG emissions intensity compare to its peers?

In 2024, Nov reported a Scope 1 emissions intensity of 15.28 tCOâ‚‚e per millions USD. Compared to the peer group median of 129.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Nov rank on GHG emissions intensity within its industry?

In 2024, Nov ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Nov among the top performers, with one of the lowest emissions intensities relative to peers.a

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