National Oilwell Varco Inc. (NYSE: NOV) announced today that Melody B. Meyer has been appointed to the Company’s Board of Directors effective September 15, 2017. Clay C. Williams, Chairman, President, and Chief Executive Officer, said “I am very pleased to welcome Melody to our Board. She brings a wealth of operational and strategic planning experience with a global perspective from her long career in the oil [...]
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 [...]
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