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2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc.

National Oilwell Varco, Inc. · Sep 8, 2014 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 1
    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…
  2. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 2
    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…
  3. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 3
    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…
  4. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 4
    We are a global family National Oilwell Varco (NOV) Investor Presentation 5
  5. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 5
    We believe in purposeful innovation National Oilwell Varco (NOV) Investor Presentation 6
  6. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 6
    We believe in service above all National Oilwell Varco (NOV) Investor Presentation 7
  7. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 7
    We power the industry that powers the world. National Oilwell Varco (NOV) Investor Presentation 8
  8. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 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…
  9. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 9
    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…
  10. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 10
    Rig Systems MAKING THE WORLDS MOST ADVANCED DRILLING SOLUTIONS Land rigs Offshore drilling equipment packages Discrete rig components
  11. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 11
    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…
  12. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 12
    Rig Aftermarket SUPPORTING THE WORLDS MOST ADVANCED DRILLING SOLUTIONS Spare parts Service Repair Training
  13. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 13
    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…
  14. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 14
    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
  15. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 15
    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…
  16. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 16
    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
  17. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 17
    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:…
  18. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 18
    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…
  19. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 19
    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…
  20. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 20
    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…
  21. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 21
    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…
  22. 2014 Barclays CEO Energy Power Conference Presentation – National Oilwell Varco, Inc. – slide 22
    We power the industry that powers the world. National Oilwell Varco (NOV) Investor Presentation 23

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