Nov Inc

Common Name
Nov
Country
United States
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
32,307
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 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 2023
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b. Nov's ESG Report 2019
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Insights into Nov's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nov amounted to 378,751 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Nov increased by 2.74%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Nov's Scope 1 Emissions Over Time

20182021202220230300 k600 k900 k1.2 MtCO2e-82%-16%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Nov's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nov were 135,671 metric tons of CO₂ equivalent (tCO₂e). a

Has Nov reduced its Scope 1 emissions over time?

Since 2018, Nov's Scope 1 emissions have decreased by 86.57%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Nov's Scope 1 emissions decreased by 8.51%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nov's Scope 2 emissions?

In 2023, Nov reported Scope 2 greenhouse gas (GHG) emissions of 243,080 tCO₂e without specifying the calculation method. a

Has Nov reduced its Scope 2 emissions over time?

Since 2018, Nov's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 24.04%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Nov's Scope 2 emissions (Unspecified Calculation Method) rose by 10.32% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Nov use for Scope 2 reporting?

In 2023, Nov reported its Scope 2 emissions using an unspecified methodology. a

Nov's Scope 2 Emissions Over Time

2018202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2023, Nov reported Scope 1 greenhouse gas (GHG) emissions of 135,671 tCO₂e and total revenues of USD 8,583 millions. This translates into an emissions intensity of 15.81 tCO₂e per millions USD. a

Nov's Scope 1 Emissions Intensity Compared to Peers

2,00020,000200,0005,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)TidewaterYear: 2023Scope 1: 1,074,336 tCO2eRevenue: $M 1,010Scope 1 Intensity: 1,063.71 tCO2e/$MChord EnergyYear: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$MArchrockYear: 2023Scope 1: 17,663 tCO2eRevenue: $M 990Scope 1 Intensity: 17.84 tCO2e/$MSM EnergyYear: 2023Scope 1: 484,493 tCO2eRevenue: $M 2,364Scope 1 Intensity: 204.96 tCO2e/$MPeabody EnergyYear: 2023Scope 1: 607,151 tCO2eRevenue: $M 4,947Scope 1 Intensity: 122.74 tCO2e/$MEQT CorpYear: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MBaker HughesYear: 2023Scope 1: 383,096 tCO2eRevenue: $M 25,506Scope 1 Intensity: 15.02 tCO2e/$MWestern Midstream PartnersYear: 2023Scope 1: 4,690,000 tCO2eRevenue: $M 3,106Scope 1 Intensity: 1,509.75 tCO2e/$MHalliburtonYear: 2023Scope 1: 3,443,174 tCO2eRevenue: $M 23,018Scope 1 Intensity: 149.59 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MKodiak Gas ServicesYear: 2023Scope 1: 20,951 tCO2eRevenue: $M 850Scope 1 Intensity: 24.64 tCO2e/$MSchlumbergerYear: 2023Scope 1: 1,469,000 tCO2eRevenue: $M 33,135Scope 1 Intensity: 44.33 tCO2e/$MTarga ResourcesYear: 2022Scope 1: 8,406,000 tCO2eRevenue: $M 20,930Scope 1 Intensity: 401.63 tCO2e/$MOceaneering InternationalYear: 2023Scope 1: 44,690 tCO2eRevenue: $M 2,425Scope 1 Intensity: 18.43 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MMatador ResourcesYear: 2023Scope 1: 1,051,432 tCO2eRevenue: $M 2,818Scope 1 Intensity: 373.16 tCO2e/$MNovYear: 2023Scope 1: 135,671 tCO2eRevenue: $M 8,583Scope 1 Intensity: 15.81 tCO2e/$M

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

In 2023, Nov reported a Scope 1 emissions intensity of 15.81 tCO₂e per millions USD. Compared to the peer group median of 149.59, 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 2023, Nov ranked 2 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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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