Midstream
National Oilwell Varco, Inc.
26 articles mentioning National Oilwell Varco, Inc. · Page 1 of 2
NOV Fourth Quarter, Full Year 2021 Results
NOV Inc. reported fourth quarter and full year 2021 results. NOV reported fourth quarter revenues of $1.52 billion, an increase of 13 percent compared to the third quarter of 2021 and an increase of 14 percent...
NOV Revenue Continues to Slide; Net Loss
National Oilwell Varco reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019....
Superior Energy, NOV Cut Jobs as Frac Fleets/Spreads Fall
Important note : "If you are a current paid subscriber to Shale Experts and you have been affected by these job loses but want to stay current with events, please contact us for a complimentary subscription....
NOV Signs Agreement with Saudi Aramco
National Oilwell Varco, 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...
NOV Posts $217 Million Net Loss in Q2; Revenues Drop 56% YOY
Revenues for the second quarter of 2016 were $1.72 billion, a decrease of 21 percent compared to the first quarter of 2016 and a decrease of 56 percent from the second quarter of 2015.
National Oilwell Varco Adds to Board of Directors
National Oilwell Varco, Inc. announced that James T. "Jim" Hackett has been appointed to the company’s board of directors effective April 5, 2016.
NOV Reports 'Tough' 4Q; Closes 75 Facilities, Cuts Workforce 21%
Clay C. Williams, Chairman, President and CEO of National Oilwell Varco, stated, “Our team executed well in 2015 in a very tough market."
NOV Reports Lower Backlog
Ending backlog for Q3 2015 was $8.02B for Rig Systems segment and $1.17B for Completion & Production Solutions segment.
National Oilwell Varco Names New CFO
National Oilwell Varco, Inc. reported that Jose A. Bayardo has been named Senior Vice President and Chief Financial Officer of National Oilwell Varco.
NOV Sees Drop in Revenues Across All Segments
Revenues for the first quarter of 2015 were $4.82 billion, a decrease of 15.6 percent from the fourth quarter of 2014 and a decrease of one percent from the first quarter of 2014.
NOV Details Year-End Financials; 2015 Outlook
NOV’s strong backlog of capital equipment orders, our leading service and technology franchises, strong financial resources and positive cash flow position us well to navigate this cyclical decline.
NOV Ramps Up 3Q Revenue to $5.59 Billion
Clay Williams, Chairman, President and CEO, stated, "Thanks to outstanding execution by our employees, the Company posted strong results for its third quarter of 2014."
NOV to Repurchase $3.0 Billion in Shares
The Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock.
NOV General Counsel to Retire; Successor Named
Dwight W. Rettig, plans to retire effective October 1, 2014, and the Company has chosen Craig L. Weinstock as his successor.
NOV Talks 'Historic' Quarter; Highlights New Capital, Spin-Off
Revenues for the second quarter of 2014 were $5.26 billion, an increase of seven percent from the first quarter of 2014 and an increase of 12 percent from the second quarter of 2013.
National Oilwell Varco Finalizes Distribution Spin-Off
NOV has completed the spinoff to its stockholders of its distribution business as an independent public company, NOW Inc.
NOV Settles with Former Employee on Racism Suit
National Oilwell Varco was ordered by a Houston federal jury to pay more than $3 MM to a former employee.
NOV Corporate Controller, CAO to Retire; Successor Named
National Oilwell Varco, Inc. has reported that its Vice President, Corporate Controller & Chief Accounting Officer, Robert Blanchard, plans to retire July 31, 2014.
National Oilwell Varco Adds to Board of Directions; Updates Spin
Marcela E. Donadio has over 37 years of audit and public accounting experience with a specialization in domestic and international operations in all segments of the energy industry.
National Oilwell Varco to Reorganize into Four Segments
The new segments will be Rig Systems, Rig Aftermarket, Completion & Production Solutions, and Wellbore Technologies. This reorganization will be effective April 1, 2014.