Edition:
India

National Oilwell Varco Inc (NOV.N)

NOV.N on New York Stock Exchange

43.10USD
20 Jul 2018
Change (% chg)

$-0.09 (-0.21%)
Prev Close
$43.19
Open
$43.20
Day's High
$43.48
Day's Low
$43.07
Volume
596,924
Avg. Vol
714,573
52-wk High
$45.99
52-wk Low
$29.90

Latest Key Developments (Source: Significant Developments)

National Oilwell Varco Q1 Loss Per Share $0.18
Friday, 27 Apr 2018 

April 26 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO REPORTS FIRST QUARTER 2018 RESULTS.Q1 LOSS PER SHARE $0.18.Q1 REVENUE $1.8 BILLION VERSUS I/B/E/S VIEW $1.87 BILLION.Q1 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S.BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR COMPLETION & PRODUCTION SOLUTIONS AT MARCH 31, 2018 WAS $1.01 BILLION.BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR COMPLETION & PRODUCTION SOLUTIONS AT MARCH 31, 2018 WAS $1.01 BILLION.BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR RIG TECHNOLOGIES AT MARCH 31, 2018 WAS $2.05 BILLION.COMPLETION & PRODUCTION NEW ORDERS IN QUARTER WERE $324 MILLION.NATIONAL OILWELL VARCO- NEW ORDERS FOR RIG TECHNOLOGIES BOOKED DURING QUARTER $201 MILLION COMPARED TO $153 MILLION SHIPPED FROM BACKLOG.  Full Article

National Oilwell Varco Sees Q1 2018 Revenue $1.8 Billion
Monday, 16 Apr 2018 

April 16 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO PROVIDES OPERATIONAL UPDATE FOR THE FIRST QUARTER 2018.SEES Q1 2018 REVENUE $1.8 BILLION.Q1 REVENUE VIEW $1.95 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

National Oilwell Varco Says CEO Clay Williams' FY 2017 Total Compensation Was $12.7 Mln Versus $10.6 Mln In FY 2016
Saturday, 31 Mar 2018 

March 30 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO INC SAYS CEO CLAY WILLIAMS' FY 2017 TOTAL COMPENSATION WAS $12.7 MILLION VERSUS $10.6 MILLION IN FY 2016 - SEC FILING.  Full Article

National Oilwell Varco Q4 Shr Loss $0.04
Tuesday, 6 Feb 2018 

Feb 5 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 REVENUE ROSE 16 PERCENT TO $1.97 BILLION.Q4 LOSS PER SHARE $0.04.SAYS BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR COMPLETION & PRODUCTION SOLUTIONS AT DECEMBER 31, 2017 WAS $1.07 BILLION.SAYS BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR RIG SYSTEMS AT DECEMBER 31, 2017 WAS $1.89 BILLION.Q4 EARNINGS PER SHARE VIEW $-0.04, REVENUE VIEW $1.95 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

National Oilwell Varco Expects Q4 Results To Be In-Line With Guidance, Excluding Charges
Friday, 19 Jan 2018 

Jan 19 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO ANNOUNCES CHANGES IN REPORTING SEGMENTS; EXPECTS FOURTH QUARTER 2017 RESULTS TO BE IN-LINE WITH GUIDANCE, EXCLUDING CHARGES.- ‍COMBINED ITS RIG SYSTEMS AND RIG AFTERMARKET REPORTING SEGMENTS INTO A SINGLE SEGMENT CALLED RIG TECHNOLOGIES DURING Q4.NATIONAL OILWELL VARCO - ANTICIPATES IT WILL RECOGNIZE BETWEEN $120 AND $140 MILLION IN PRE-TAX RESTRUCTURING CHARGES DURING Q4.- ‍ANTICIPATES IT WILL RECOGNIZE BETWEEN $120 AND $140 MILLION IN PRE-TAX RESTRUCTURING CHARGES IN Q4 OF 2017​.NATIONAL OILWELL VARCO - FOR Q4 ANTICIPATES RIG TECHNOLOGIES WILL EXCEED PRIOR GUIDANCE, WELLBORE TECHNOLOGIES WILL BE IN-LINE WITH EXPECTATIONS.NATIONAL OILWELL VARCO - FOR Q4 ANTICIPATES COMPLETION AND PRODUCTION SOLUTIONS WILL FALL SHORT OF GUIDANCE​.NATIONAL OILWELL - SHORTFALL IN COMPLETION & PRODUCTION SOLUTIONS IN Q4 DUE TO ENGINEERING CHALLENGES, DELIVERY DELAYS FOR A NEW PRODUCT.NATIONAL OILWELL - SHORTFALL IN COMPLETION & PRODUCTION SOLUTIONS IN Q4 ALSO DUE TO SOFTER THAN EXPECTED ORDERS IN PROCESS & FLOW TECHNOLOGIES.Q4 EARNINGS PER SHARE VIEW $-0.04, REVENUE VIEW $1.94 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

National Oilwell Varco reports Q3 loss per share $0.07
Friday, 27 Oct 2017 

Oct 26 (Reuters) - National Oilwell Varco Inc :National Oilwell Varco reports third quarter 2017 results.Q3 loss per share $0.07.Q3 revenue $1.84 billion versus I/B/E/S view $1.86 billion.Q3 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S.National Oilwell Varco Inc - ‍backlog for capital equipment orders for rig systems at September 30, 2017 was $2.01 billion​.National Oilwell Varco Inc - ‍backlog for capital equipment orders for completion & production solutions at September 30, 2017 was $974 million​.  Full Article

National Oilwell announces joint venture with Saudi Aramco
Monday, 22 May 2017 

May 22 (Reuters) - National Oilwell Varco Inc : :NOV announces joint venture with Saudi Aramco to manufacture high-specification drilling rigs and advanced drilling equipment.National Oilwell Varco Inc - memorandum of understanding, which includes a detailed commercial term sheet, remains subject to final negotiation.National Oilwell Varco Inc - entering into a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia.National Oilwell Varco Inc - NOV will own a 70pct interest in joint venture, while Saudi Aramco will own 30pct.  Full Article

Saudi Aramco to signs deal to make onshore oil rigs, equipment

DUBAI, June 28 Saudi Aramco signed a deal with National Oilwell Varco Inc. (NOV) to form a joint venture to make onshore rigs and equipment in Saudi Arabia, the state-owned Saudi energy firm said.