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National Oilwell Varco Inc (NOV)

NOV on New York Consolidated

31.94USD
22 Nov 2017
Change (% chg)

$0.14 (+0.44%)
Prev Close
$31.80
Open
$32.01
Day's High
$32.29
Day's Low
$31.77
Volume
2,079,959
Avg. Vol
3,090,727
52-wk High
$43.63
52-wk Low
$29.90

Latest Key Developments (Source: Significant Developments)

National Oilwell Varco reports Q3 loss per share $0.07
Thursday, 26 Oct 2017 06:00pm EDT 

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 Varco sets regular quarterly cash dividend
Thursday, 17 Aug 2017 06:30am EDT 

Aug 17 (Reuters) - National Oilwell Varco Inc :Sets regular quarterly cash dividend of $0.05 per share.  Full Article

National Oilwell Varco reports Q2 loss per share $0.20
Thursday, 27 Jul 2017 06:42pm EDT 

July 27 (Reuters) - National Oilwell Varco Inc :National Oilwell Varco reports second quarter 2017 results.Q2 loss per share $0.14 excluding items.Q2 loss per share $0.20.Q2 revenue $1.76 billion versus I/B/E/S view $1.78 billion.Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Qtrly rig systems generated revenues of $346 million, a decrease of 39 percent from q2 of 2016.Backlog for capital equipment orders for rig systems at June 30, 2017 was $2.22 billion.Says backlog for capital equipment orders for rig systems at June 30, 2017 was $2.22 billion.New orders during q2 for completion & production solutions were $501 million.New orders during Q2 for rig systems were $124 million, representing a book-to-bill of 55 percent.Backlog for capital equipment orders for completion & production solutions at June 30, 2017 was $881 million.  Full Article

National Oilwell enters into credit agreement evidencing 5-yr unsecured revolving credit facility
Wednesday, 28 Jun 2017 06:58am EDT 

June 28 (Reuters) - National Oilwell Varco Inc ::National Oilwell Varco Inc - on June 27, entered into a credit agreement evidencing a five year unsecured revolving credit facility - SEC filing.National Oilwell Varco Inc - pursuant to agreement, company may borrow an aggregate principal amount of up to $3.0 billion.National Oilwell Varco Inc - has right to increase aggregate commitments under 2017 facility to $4.0 billion upon consent of only lenders holding any such increase.National Oilwell Varco Inc - as result of entering into 2017 facility, on June 27, 2017, company terminated its credit agreement dated September 28, 2012.National Oilwell Varco Inc - there were no termination penalties incurred by company in connection with termination of 2012 facility.  Full Article

National Oilwell Varco reports Q1 loss per share $0.32
Wednesday, 26 Apr 2017 06:30pm EDT 

April 26 (Reuters) - National Oilwell Varco Inc :National Oilwell Varco reports first quarter 2017 results.Q1 loss per share $0.17 excluding items.Q1 loss per share $0.32.Q1 revenue fell 20 percent to $1.74 billion.Q1 earnings per share view $-0.21, revenue view $1.67 billion -- Thomson Reuters I/B/E/S.Backlog for capital equipment orders for rig systems at march 31, 2017 was $2.32 billion.Backlog for capital equipment orders for completion & production solutions at march 31, 2017 was $751 million.Rig systems new orders during quarter were $118 million.Rig systems generated qtrly revenues of $393 million, decrease of 58 percent from q1 of 2016.Completion & production solutions new orders during quarter were $323 million.  Full Article

National Oilwell Varco declares regular quarterly dividend
Friday, 24 Feb 2017 06:45am EST 

National Oilwell Varco Inc :National Oilwell Varco declares regular quarterly dividend.  Full Article

NATIONAL OILWELL VARCO REPORTS Q4 LOSS PER SHARE $1.90
Monday, 6 Feb 2017 06:12pm EST 

National Oilwell Varco Inc : NATIONAL OILWELL VARCO REPORTS FOURTH QUARTER AND FULL YEAR 2016 RESULTS . Q4 LOSS PER SHARE $0.15 EXCLUDING ITEMS . Q4 LOSS PER SHARE $1.90 . Q4 REVENUE $1.69 BILLION VERSUS I/B/E/S VIEW $1.62 BILLION . Q4 EARNINGS PER SHARE VIEW $-0.29 -- THOMSON REUTERS I/B/E/S . AS OF DECEMBER 31, 2016, COMPANY HAD TOTAL DEBT OF $3.21 BILLION, A DECREASE OF $2 MILLION FROM SEPTEMBER 30, 2016 . BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR RIG SYSTEMS AT DECEMBER 31, 2016 WAS $2.49 BILLION. . BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR COMPLETION AND PRODUCTION SOLUTIONS AT DEC 31, 2016 $818 MILLION, UP 1 PERCENT FROM Q3 OF 2016 .OTHER ITEMS IN QUARTER TOTALED $706 MILLION, PRETAX, PRIMARILY ASSOCIATED WITH INVENTORY CHARGES, FACILITY CLOSURES, AND SEVERANCE.  Full Article

Maersk Drilling enters 5-yr partnership with National Oilwell Varco
Monday, 21 Nov 2016 09:10am EST 

A.P Moller-Maersk's drilling unit Maersk Drilling : Says has entered into a five-year partnership with National Oilwell Varco to improve maintenance predictability for drilling equipment. . Says agreement covers Maersk Drilling's three deepwater D-class semi-submersibles as well as the four ultra-deepwater V-class drillships. . Says ultimate goal is to eliminate the need for quay side yard stays every five years. Further company coverage: [MAERSKb.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 03;)).  Full Article

National Oilwell Varco sets regular quarterly cash dividend of $0.05per share
Thursday, 17 Nov 2016 06:30am EST 

National Oilwell Varco Inc :Sets regular quarterly cash dividend of $0.05per share.  Full Article

National Oilwell Varco announces settlement with U.S. regulators
Wednesday, 9 Nov 2016 05:27pm EST 

National Oilwell Varco Inc : National Oilwell Varco - settlement agreements to resolve investigations by U.S. DOJ, Department of Commerce, Bureau of Industry And Security . National Oilwell Varco - will pay a total of $25 million to resolve investigations - SEC filing .National Oilwell Varco - settlement agreements to resolve investigations regarding company's compliance with U.S. Export trade laws and regulations.  Full Article