National Oilwell Varco Inc. (NYSE: NOV) will hold a conference call to discuss its third quarter 2017 results on Friday, October 27 at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, October 26. The call will be webcast live on www.nov.com/investors on a listen-only basis. About NOV National Oilwell Varco (NYSE: NOV) is a leading [...]
FORT WORTH, Texas, Sept. 8, 2017 /PRNewswire/ -- Richard Albert Gammill, III, filed suit against National Oilwell Varco Inc. (NYSE: NOV) in the Southern District of Texas, Houston Division, Case Number 4:17-cv-02695 on September 7, 2017. The lawsuit alleges that Gammill's former employer misclassified him and other similarly-situated manual laborers as exempt from overtime pay under the Fair Labor Standards Act (FLSA [...]
National Oilwell Varco Inc. (NYSE:NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on September 29, 2017 to each stockholder of record on September 15, 2017. About NOV National Oilwell Varco (NYSE:NOV) is a leading provider of technology, equipment, and services to the global oil and gas industry that supports customers&rsquo [...]
National Oilwell Varco Inc. (NYSE: NOV) today reported a second quarter 2017 net loss of $75 million, or $0.20 per share. Excluding other items, net loss for the quarter was $54 million, or $0.14 per share. Other items totaled $30 million, pretax, and primarily consisted of charges related to severance and facility closures. Revenues for the second quarter of 2017 were $1.76 billion, an increase of one percent compared to [...]
National Oilwell Varco Inc. (NYSE: NOV) announced today the introduction of several new proprietary technologies to its completion tools portfolio: Bulldog Frac™ - a sliding-sleeve annular fracturing system that provides pinpoint accuracy, zonal isolation, and improved reliability; Bullmastiff™ - a ball-drop openhole sliding-sleeve sand control fracturing system; Rottweiler™ - a product family of [...]
National Oilwell Varco Inc. (NYSE: NOV) today announced entering into a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia. Through its state-of the art manufacturing and fabrication facilities and NOV’s market-leading drilling technologies, the joint venture will manufacture high-specification land rigs, rig and drilling equipment, and offer certain aftermarket services [...]
National Oilwell Varco Inc. (NYSE: NOV) will hold a conference call to discuss its second quarter 2017 results on Friday, July 28 at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, July 27. The call will be webcast live on www.nov.com/investors on a listen-only basis. About National Oilwell Varco National Oilwell Varco (NYSE: NOV) is [...]
National Oilwell Varco Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 30, 2017 to each stockholder of record on June 16, 2017. National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations and the provision of [...]
National Oilwell Varco (NYSE: NOV) today announced it has broken ground on two manufacturing plants that will significantly strengthen the Company’s market-leading positions in providing composite pipe technologies and tubular coatings within Saudi Arabia. Both facilities will be located at MODON 3 near the city of Dammam. NOV has provided comprehensive tubular services to customers in Saudi Arabia for more than 40 [...]
National Oilwell Varco Inc. (NYSE: NOV) today reported a first quarter 2017 net loss of $122 million, or $0.32 per share. Excluding other items, net loss for the quarter was $63 million, or $0.17 per share. Other items totaled $37 million, pretax, and primarily consisted of charges related to severance and facility closures. Revenues for the first quarter of 2017 were $1.74 billion, an increase of three percent compared [...]
National Oilwell Varco Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2017 results on Thursday, April 27, 2017 at 8:00 AM Central Time (9:00 AM Eastern Time). A press release regarding the Company’s results will be issued prior to the call. Interested parties are invited to participate on the call by dialing +1 (844) 464-3148 or, if calling internationally, +1 (574) 990-9849 approximately [...]
National Oilwell Varco Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on March 31, 2017 to each stockholder of record on March 17, 2017. National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations and the provision of [...]