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Greg L. Armstrong net worth and biography

Greg Armstrong Biography and Net Worth

Director of NOV

Mr. Armstrong has been a Director of the Company since March 2005 and previously served as a Director of Varco from May 20, 2004, until its merger with the Company on March 11, 2005. Mr. Armstrong is a co-founder and former Chairman and CEO of Plains All American Pipeline, L.P., a publicly-traded master limited partnership engaged in the business of marketing, gathering, transporting, terminalling, and storing crude oil. Mr. Armstrong retired as CEO of Plains in October 2018 and as Chairman in December 2019 and continues to serve as a member of its board of directors. Mr. Armstrong currently serves as a director of Memorial Hermann Healthcare System and serves on the advisory boards of the Baker Institute at Rice University and Veriten. He is a member of the adjunct faculty for the University of Oklahoma’s Executive MBA in Energy program; the Advisory Board of the Cox School’s Maguire Energy Institute at Southern Methodist University; and the National Petroleum Council, where he served as Chairman from 2017 to 2019. He previously served as a director in the Federal Reserve System for eleven years, serving the last three years as Chair of The Dallas Fed, completing his term in 2021. Mr. Armstrong is a member of the Texas Business Hall of Fame and a Distinguished Alumnus of Southeastern Oklahoma State University.

What is Greg L. Armstrong's net worth?: The estimated net worth of Greg L. Armstrong is at least $1.55 million as of August 29th, 2022. Mr. Armstrong owns 82,724 shares of NOV stock worth more than $1,551,075 as of April 20th. This net worth estimate does not reflect any other assets that Mr. Armstrong may own. Learn More about Greg L. Armstrong's net worth.
How do I contact Greg L. Armstrong?: The corporate mailing address for Mr. Armstrong and other NOV executives is 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX, 77036. NOV can also be reached via phone at (346) 223-3000 and via email at [email protected]. Learn More on Greg L. Armstrong's contact information.
Has Greg L. Armstrong been buying or selling shares of NOV?: Greg L. Armstrong has not been actively trading shares of NOV during the past quarter. Most recently, Greg L. Armstrong sold 10,381 shares of the business's stock in a transaction on Monday, August 29th. The shares were sold at an average price of $18.99, for a transaction totalling $197,135.19. Following the completion of the sale, the director now directly owns 82,724 shares of the company's stock, valued at $1,570,928.76. Learn More on Greg L. Armstrong's trading history.
Who are NOV's active insiders?: NOV's insider roster includes Greg Armstrong (Director), Scott Duff (VP), Isaac Joseph (Insider), Eric Mattson (Director), and Christy Novak (CAO). Learn More on NOV's active insiders.
Are insiders buying or selling shares of NOV?: In the last twelve months, insiders at the oil and gas exploration company sold shares 1 times. They sold a total of 3,500 shares worth more than $61,005.00. The most recent insider tranaction occured on February, 22nd when CAO Christy Lynn Novak sold 3,500 shares worth more than $61,005.00. Insiders at NOV own 1.9% of the company. Learn More about insider trades at NOV.
Information on this page was last updated on 2/22/2024.

Greg L. Armstrong Insider Trading History at NOV

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/29/2022	Sell	10,381	$18.99	$197,135.19	82,724
4/30/2015	Sell	5,736	$54.50	$312,612.00

Greg L. Armstrong Buying and Selling Activity at NOV

NOV Company Overview

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.

Today's Range

Now: $18.75

$18.29

$18.77

50 Day Range

MA: $18.45

$16.87

$20.51

2 Week Range

Now: $18.75

$14.05

$21.91

Volume

3,187,096 shs

Average Volume

3,134,280 shs

Market Capitalization

$7.42 billion

P/E Ratio

7.47

Dividend Yield

1.06%

Beta

1.74

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