National Oilwell Varco Inc. (NYSE: NOV) announced today that Robert E. Beauchamp has resigned from the company’s board of directors effective November 2, 2015. Clay C. Williams, Chairman, President and CEO of National Oilwell Varco, Inc. remarked, "It has been a pleasure working with Bob over the past ten years. On behalf of the entire board, I would like to sincerely thank Bob for his dedication and contributions [...]
National Oilwell Varco Inc. (NYSE: NOV) will hold a conference call on Wednesday, February 3, 2016 at 8:00 am (Central Time) to discuss fourth quarter and full-year 2015 earnings. A press release with financial results for the fourth quarter and full-year ending on December 31, 2015 will be issued that morning prior to the call. Participants may join the conference call by dialing 1-866-312-4825 within North America or [...]
National Oilwell Varco Inc. (NYSE: NOV) today reported that for its third quarter ended September 30, 2015, it earned net income of $155 million, or $0.41 per fully diluted share, compared to second quarter ended June 30, 2015 net income of $289 million, or $0.74 per fully diluted share. Excluding other items and non-recurring charges from all periods, third quarter net income was $232 million, or $0.61 per fully diluted [...]
Houston boutique law firm AZA prevails in case filed by national discrimination lawyer HOUSTON, Oct. 7, 2015 /PRNewswire/ -- A Houston federal jury this week returned a verdict in favor of National Oilwell Varco, L.P., (NYSE: NOV), finding no wrongdoing in an employment discrimination lawsuit filed by eight African Americans who sought $120 million in damages. Houston-based NOV, an oilfield equipment supplier, argued [...]
National Oilwell Varco Inc. (NYSE: NOV) announced today that Jose A. Bayardo has been named Senior Vice President and Chief Financial Officer of National Oilwell Varco, effective August 28, 2015. Mr. Bayardo succeeds Scott K. Duff, Interim Chief Financial Officer. Prior to joining National Oilwell Varco, Mr. Bayardo, age 43, served as Senior Vice President, Resource and Business Development at Continental Resources, Inc [...]
National Oilwell Varco Inc. (NYSE: NOV) will hold a conference call on Wednesday, October 28, 2015 at 8:00 a.m. (Central Time) to discuss results for the third quarter of 2015. A press release with financial results for the quarter will be issued that morning prior to the call. Participants may join the conference call by dialing 1 (866) 312-4825 within North America or outside of North America +1 (720) 634-2948 five to [...]
National Oilwell Varco Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on September 25, 2015 to each stockholder of record on September 11, 2015. 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 [...]
National Oilwell Varco Inc. (NYSE: NOV) today reported that for its second quarter ended June 30, 2015, it earned net income of $289 million, or $0.74 per fully diluted share, compared to first quarter ended March 31, 2015 net income of $310 million, or $0.76 per fully diluted share. Excluding other items and non-recurring charges from all periods, second quarter net income was $301 million, or $0.77 per fully diluted [...]
Houston-based National Oilwell Varco LP (NYSE:NOV), the worldwide designer and manufacturer of oil and gas drilling and production equipment, has won nearly $400,000 from Mud King Products Inc. after a bankruptcy judge found that Mud King paid an NOV employee to steal hundreds of NOV's secret mud pump blueprints that Mud King was using to start manufacturing Chinese knockoffs when the scheme was uncovered. The court [...]
National Oilwell Varco Inc. (NYSE:NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on June 26, 2015 to each stockholder of record on June 12, 2015. 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 Inc. (NYSE: NOV) will hold a conference call on Tuesday, July 28, 2015 at 8:00 am (Central Time) to discuss results for the second quarter of 2015. A press release with financial results for the quarter will be issued that morning prior to the call. Participants may join the conference call by dialing 1 (866) 312-4825 within North America or outside of North America +1 720 634 2948 five to ten [...]
National Oilwell Varco Inc. (NYSE:NOV) today reported that for its first quarter ended March 31, 2015, it earned net income of $310 million, or $0.76 per fully diluted share, compared to fourth quarter ended December 31, 2014 net income of $595 million, or $1.39 per fully diluted share. Excluding other items of $122 million in pre-tax charges related to an early retirement program, $9 million of Venezuela asset [...]