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national oilwell varco inc (NOV) Snapshot

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national oilwell varco inc (NOV) Details

National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates in three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; rope access inspection, instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; hole openers; and drill bits. The Completion & Production Solutions segment provides equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. The Rig Technologies segment offers substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; and pipelay and construction systems. It also provides spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. The company was founded in 1862 and is based in Houston, Texas.

34,220 Employees
Last Reported Date: 02/14/19
Founded in 1862

national oilwell varco inc (NOV) Top Compensated Officers

Chairman, President & CEO
Total Annual Compensation: $2.5M
Senior VP & CFO
Total Annual Compensation: $1.5M
President of Rig Systems & Rig Aftermarket
Total Annual Compensation: $1.3M
VP, Corporate Controller & Chief Accounting O...
Total Annual Compensation: $810.8K
Senior VP, General Counsel & Secretary
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2018.
national oilwell varco inc
National Oilwell Varco, Inc. Declares Regular Quarterly Dividend, Payable on June 28, 2019

National Oilwell Varco, Inc. announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 28, 2019 to each stockholder of record on June 14, 2019.

National Oilwell Varco, Inc. Presents at UBS Global Oil & Gas Conference, May-20-2019

National Oilwell Varco, Inc. Presents at UBS Global Oil & Gas Conference, May-20-2019 . Venue: Four Seasons Hotel Austin, 98 San Jacinto Blvd, Austin, Texas, United States. Speakers: Loren B. Singletary, Chief Investor & Industry Relations Officer.

National Oilwell Varco, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019

National Oilwell Varco, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported total revenue of $1,940 million against $1,795 million a year ago. Operating loss was $48 million against $1 million a year ago. Net loss was $75 million against $66 million a year ago. Basic and diluted loss per share was $0.20 against $0.18 a year ago.


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