5 Biggest Offshore Oil Rig Companies in the U.S.

4. NOV Inc. (NYSE:NOV)

Latest Market  Capitalization: $7.4 billion

NOV Inc. (NYSE:NOV) is an American company headquartered in Houston, Texas. It provides a wide variety of products for offshore drilling platforms. These include floating production systems, pressure control equipment, pumps, assembly systems, deck machinery, and anchors.

Insider Monkey took a look at 943 hedge fund portfolios for their December quarter of 2022 shareholdings and found out that 29 had invested in NOV Inc. (NYSE:NOV). The firm’s largest hedge fund investor in our database is Jean-Marie Eveillard’s First Eagle Investment Management since it owns a $776 million stake courtesy of 37 million shares.