Financial Review: NOV (NYSE:NOV) & SEACOR Marine (NYSE:SMHI)

SEACOR Marine (NYSE:SMHI) and NOV (NYSE:NOV) are both energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, risk, dividends, institutional ownership and profitability.

Profitability

This table compares SEACOR Marine and NOV’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SEACOR Marine	-17.55%	-14.35%	-5.68%
NOV	1.65%	4.23%	2.37%

Risk & Volatility

SEACOR Marine has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, NOV has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500.

Institutional and Insider Ownership

59.1% of SEACOR Marine shares are owned by institutional investors. Comparatively, 93.3% of NOV shares are owned by institutional investors. 16.8% of SEACOR Marine shares are owned by insiders. Comparatively, 1.1% of NOV shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings & Valuation

This table compares SEACOR Marine and NOV”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SEACOR Marine	$227.83 million	1.12	-$27.84 million	($1.42)	-6.65
NOV	$8.74 billion	0.76	$145.00 million	$0.40	46.56

NOV has higher revenue and earnings than SEACOR Marine. SEACOR Marine is trading at a lower price-to-earnings ratio than NOV, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent ratings for SEACOR Marine and NOV, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SEACOR Marine	1	1	1	0	2.00
NOV	2	9	4	0	2.13

SEACOR Marine presently has a consensus price target of $10.00, suggesting a potential upside of 5.95%. NOV has a consensus price target of $21.67, suggesting a potential upside of 16.33%. Given NOV’s stronger consensus rating and higher possible upside, analysts plainly believe NOV is more favorable than SEACOR Marine.

Summary

NOV beats SEACOR Marine on 10 of the 13 factors compared between the two stocks.

About SEACOR Marine

SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services. As of December 31, 2023, the company operated a fleet of 58 support vessels, of which 55 were owned or leased-in, and three were managed on behalf of unaffiliated third parties. It serves integrated national and international oil companies, independent oil and natural gas exploration and production companies, and oil field service and construction companies, as well as offshore wind farm operators and offshore wind farm installation and maintenance companies. SEACOR Marine Holdings Inc. was founded in 1989 and is headquartered in Houston, Texas.

About NOV

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits. It also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, the company provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.