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National Oilwell Varco Inc (NOV.N)

NOV.N on New York Stock Exchange

20.64USD
18 Jun 2019
Change (% chg)

$0.30 (+1.47%)
Prev Close
$20.34
Open
$20.34
Day's High
$20.80
Day's Low
$20.27
Volume
1,177,138
Avg. Vol
1,029,768
52-wk High
$49.08
52-wk Low
$19.57

Latest Key Developments (Source: Significant Developments)

National Oilwell Varco Sets Quarterly Cash Dividend Of $0.05/Share
Wednesday, 29 May 2019 

May 29 (Reuters) - National Oilwell Varco Inc ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE.  Full Article

National Oilwell Varco Says CEO's FY 2018 Total Compensation Was $13.8 Mln Versus $12.7 Mln In FY 2017
Monday, 15 Apr 2019 

April 15 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO INC SAYS CEO CLAY WILLIAMS' FY 2018 TOTAL COMPENSATION WAS $13.8 MILLION VERSUS $12.7 MILLION IN FY 2017 - SEC FILNG.NATIONAL OILWELL VARCO - FOR 2018, RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES WAS 289 TO 1.  Full Article

National Oilwell Varco Q4 Loss Per Share $0.08
Wednesday, 6 Feb 2019 

National Oilwell Varco Inc ::NATIONAL OILWELL VARCO REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 REVENUE $2.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.19 BILLION.Q4 LOSS PER SHARE $0.08.Q4 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA.NATIONAL OILWELL - IN QUARTER, THE "SHARP, Q4 PULL-BACK IN COMMODITY PRICES HEIGHTENED UNCERTAINTY SURROUNDING 2019 CAPITAL BUDGETS".IN QUARTER, THE "SHARP, Q4 PULL-BACK IN COMMODITY PRICES" LED TO AN ABRUPT SLOWDOWN IN ORDERS.ANTICIPATES THAT LOWER ORDERS IN DECEMBER WILL LEAD TO LOWER SEQUENTIAL REVENUE DURING Q1 2019 IN ALL THREE SEGMENTS.Q1 REVENUE VIEW $2.12 BILLION -- REFINITIV IBES DATA.  Full Article

Equinor awards wired drill pipe contracts to NOV, Schlumberger
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Equinor ASA ::NOV AND SCHLUMBERGER HAVE BEEN AWARDED CORPORATE FRAME AGREEMENTS FOR GLOBAL DELIVERIES OF WIRED DRILL PIPES TO EQUINOR.IN ADDITION, NOV WILL SUPPLY WIRED DRILL PIPE FOR MARINER FIELD IN UK, WEST HERKULES EXPLORATION CAMPAIGN ON NORWEGIAN CONTINENTAL SHELF AND TRANSOCEAN ENABLER'S DRILLING CAMPAIGN ON TRESTAKK.ESTIMATED VALUE OF THIS WORK SCOPE IS AROUND NOK 300 MILLION.TOTAL CONTRACT VALUE MAY EXCEED NOK ONE BILLION DURING FIRST THREE YEARS OF CONTRACT PERIOD.WE ARE UPGRADING ALL RIGS AND SOME PLATFORMS IN 2018 AND 2019 TO PREPARE FOR MORE AUTOMATED DRILLING.SAYS THE WIRED DRILL PIPE TECHNOLOGY HELPS TO AVOID EXPENSIVE DRILLING MISTAKES, AND GIVES BETTER UNDERSTANDING OF RESERVOIR.  Full Article

National Oilwell Varco Qtrly Earnings Per Share $0.00
Friday, 26 Oct 2018 

Oct 25 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO REPORTS THIRD QUARTER 2018 EARNINGS.Q3 REVENUE $2.15 BILLION VERSUS I/B/E/S VIEW $2.21 BILLION.QTRLY EARNINGS PER SHARE $0.00.  Full Article

National Oilwell Varco says offshore to find bottom in second half of 2018
Friday, 27 Jul 2018 

July 27 (Reuters) - National Oilwell Varco Inc ::SAYS IT IS SEEING HIGHER DEMAND FOR SPARE RIG PARTS AMID INCREASED ACTIVITY.SAYS SEEING 'TREPIDATION' IN NORTH AMERICAN PRESSURE PUMPING MARKET.SAYS ROBUST DEMAND FOR NORTH AMERICAN CAPITAL EQUIPMENT IS OFFSETTING ONGOING CHALLENGES IN OFFSHORE BUSINESSES.EXPECTS OFFSHORE BUSINESS TO FIND BOTTOM IN SECOND HALF OF 2018.SAYS LAND RIG DAY RATES OF $25,000 CAN SUPPORT NEW BUILD SUPER SPEC RIGS, COMPANY IN DISCUSSIONS WITH SOME SMALLER U.S. DRILLERS.FACING A SOFTER OUTLOOK FOR PERMIAN BASIN OVER NEXT COUPLE OF QUARTERS, DOES NOT EXPECT MATERIAL IMPACT TO BUSINESS.  Full Article

National Oilwell Varco Q2 Earnings Per Share $0.06
Thursday, 26 Jul 2018 

July 26 (Reuters) - National Oilwell Varco Inc ::NATIONAL OILWELL VARCO REPORTS SECOND QUARTER 2018 EARNINGS.Q2 EARNINGS PER SHARE $0.06.Q2 REVENUE $2.11 BILLION VERSUS I/B/E/S VIEW $2 BILLION.Q2 EARNINGS PER SHARE VIEW $0.02 -- THOMSON REUTERS I/B/E/S.  Full Article

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
Friday, 30 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