NATIONAL OILWELL VARCO Market LEADERSHIP in all we do DEPENDABLE PARTNER in high-risk high-cost world SUSTAINABLE competitive advantage RESILIENT earnings and cash flow Attractive REINVESTMENT opportunities in business National…
Global reach with small company feel 15 focused business 200+ units acquisitions 19B+ annual 62 countries revenue 35B market 880+ facilities capitalization 61K+ employees National Oilwell Varco (NOV) Investor Presentation…
Results reflect our leadership Best-in-class EBITDA Growth NOV Relative to Peer Group 600% NOV 400% EBITDA Growth (%) Peers 200% 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: Bloomberg Peer group…
We are a global family National Oilwell Varco (NOV) Investor Presentation 5
We believe in purposeful innovation National Oilwell Varco (NOV) Investor Presentation 6
We believe in service above all National Oilwell Varco (NOV) Investor Presentation 7
We power the industry that powers the world. National Oilwell Varco (NOV) Investor Presentation 8
Four trends drive growth WELLBORE TECHNOLOGIES, COMPLETION AND PRODUCTION SOLUTIONS COMPETION AND PRODUCTION SOLUTIONS RIG SYSTEMS, RIG AFTERMARKET RIG SYSTEMS, RIG AFTERMARKET PROGRESSION OF REPLACEMENT OF BUILDOUT OF…
Segment performance Revenue and Operating Margin Rig Systems By Segment Rig Aftermarket Wellbore Technologies Completion & Production Solutions 24 21.2% 21.4% 21.2% 20.5% 17.0% 17.4% OP % 16 Revenue (B) Y 8 T D 0…
Rig Systems MAKING THE WORLDS MOST ADVANCED DRILLING SOLUTIONS Land rigs Offshore drilling equipment packages Discrete rig components
Rig Systems Revenue and Operating Margin Rig Systems 9 29.4% 27.9% 27.6% 23.8% 6 20.6% Revenue (B) 19.1% OP % Y 3 T D 0 2009 2010 2011 2012 2013 2014 Q2 Results: 2.37B at 21.1% OP National Oilwell Varco…
Rig Aftermarket SUPPORTING THE WORLDS MOST ADVANCED DRILLING SOLUTIONS Spare parts Service Repair Training
Rig Aftermarket Revenue and Operating Margin Rig Aftermarket 3 28.1% 28.1% 27.2% 27.8% 27.1% 26.6% OP % 2 Revenue (B) Y T 1 D 0 2009 2010 2011 2012 2013 2014 Q2 Results: 785M at 27.6% OP National Oilwell…
Wellbore Technologies IMPROVING DRILLING EFFICIENCY AND PRODUCTIVITY Drilling fluids Drill pipe Tubular coating and inspection Downhole tools, motors, and bits Solids control and waste management Drilling automation and optimization
Wellbore Technologies Revenue and Operating Margin Wellbore Technologies 6 19.0% 18.1% 16.7% OP % 16.5% 4 11.1% Revenue (B) 9.8% Y 2 T D 0 2009 2010 2011 2012 2013 2014 Q2 Results: 1.45B at 18.6% OP…
Completion & Production Solutions INTEGRATING SOLUTIONS FOR INCREASED PRODUCTIVITY Frac and stimulation equipment FPSO turret mooring systems Subsea flexible pipe Composite pipe Process and flow technologies
Completion and Production Solutions Revenue and Operating Margin Completion and Production Solutions 5 19.3% 19.3% 19.4% 16.7% 16.1% 14.1% 3 OP % Revenue (B) Y 2 T D 0 2009 2010 2011 2012 2013 2014 Q2 results:…
Segment performance Revenue and Operating Margin Rig Systems By Segment Rig Aftermarket Wellbore Technologies Completion & Production Solutions 24 21.2% 21.4% 21.2% 20.5% 17.0% 17.4% OP % 16 Revenue (B) Y 8 T D 0…
Four trends drive growth WELLBORE TECHNOLOGIES, COMPLETION AND PRODUCTION SOLUTIONS COMPETION AND PRODUCTION SOLUTIONS RIG SYSTEMS, RIG AFTERMARKET RIG SYSTEMS, RIG AFTERMARKET PROGRESSION OF REPLACEMENT OF BUILDOUT OF…
Disciplined capital allocation Sources of Cash 2009 through 2013 ( Billions) Cash Flow from Operations 9.5 Borrowings, Net 2.2 Total Sources of Cash 11.7 Uses of Cash 2009 through 2013 ( Billions) CapEx 2.1 M&A 6.3 Dividends…
NATIONAL OILWELL VARCO Market LEADERSHIP in all we do DEPENDABLE PARTNER in high-risk high-cost world SUSTAINABLE competitive advantage RESILIENT earnings and cash flow Attractive REINVESTMENT opportunities in business National…
We power the industry that powers the world. National Oilwell Varco (NOV) Investor Presentation 23