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More on National Oilwell Varco's (NOV) Q4 results: Year-end backlog for capital equipment...

More on National Oilwell Varco's (NOVQ4 results: Year-end backlog for capital equipment orders was a record $11.86B, up 2% Q/Q. New orders during the quarter were $2.42B, reflecting continued demand for oilfield equipment. Largest revenue gain was in the rig technology segment, up 14% Y/Y. Operating margin up 13% Y/Y, up 6% Q/Q. Shares flat premarket.
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Comments (1)
  • ggVlad
    , contributor
    Comment (1) | Send Message
     
    This is great company. it has good fundamentals and CChart is looking good as well. See the chart http://bit.ly/XJmD90 .
    5 Feb 2013, 09:09 AM Reply Like
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