News: National Oilwell Varco Inc (NOV.N)

NOV.N on New York Stock Exchange

65.27USD
18 Dec 2014
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$1.25 (+1.95%)
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Fri, Nov 14 2014

Oil price drop, merger talks feed energy sector deal speculation

NEW YORK, Nov 14 - Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said.

UPDATE 2-National Oilwell posts 60 pct fall in oilfield equipment orders

* Shares fall as much as 4 pct (Adds details, share movement)

National Oilwell profit boosted by rig technology business

Oct 30 - National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit, helped by strong performance in its rig technology business that readies oil and gas wells for production.

What to Watch in the Day Ahead - Thursday, Oct. 30

(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) The U.S. Commerce Department releases gross domestic product figures. The economy likely advanced at a solid 3.0 percent annual rate in the third quarter. The figure would mark a slowdown from the second quarter's outsized 4.6 percent gain, but a rea

What to Watch in the Week Ahead and on Monday, Oct. 27

(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) WEEK AHEAD The recent fear-based volatility in markets has diminished, though concerns about global demand remain high. That's helped the dollar reassert its recent strength after a few weeks of weakness, but much again will depend on just how dovish

National Oilwell unit pays $1 mln, pleads guilty to export violations

WASHINGTON, Oct 2 - A unit of National Oilwell Varco Inc agreed to pay a $1 million fine and pleaded guilty Thursday to violating export laws when it shipped components used in oil extraction equipment to a customer in Syria in 2006, the U.S. Justice Department said.

UPDATE 2-National Oilwell sees falling demand for deepwater rigs

* Shares down 2 pct (Adds analyst, executive comments, updates shares)

National Oilwell profit beats estimates as rig margins rise

- National Oilwell Varco Inc , the largest U.S. oilfield equipment provider, reported a better-than-expected rise in profit for the fourth quarter in a row due to higher margins in its rig systems business.

National Oilwell profit rises on strong demand for rig systems

July 29 - National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 17 percent rise in quarterly profit, helped by higher demand for its rig systems.

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