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Business Wire (Mon, 9:00AM)
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Business Wire (Apr 29, 2013)
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Business Wire (Apr 26, 2013)
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Oversold Growth StocksCodespeed • Wed, Apr 24 -
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National Oilwell Varco Q2 2010 Earnings Call TranscriptFri, Jul 30, 2010
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National Oilwell Varco, Inc. Q1 2010 Earnings Call TranscriptTue, Apr 27, 2010
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National-Oilwell Varco Q4 2009 Earnings Call TranscriptWed, Feb 3, 2010
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National Oilwell Varco Inc. Q3 Earnings Call TranscriptMon, Oct 26, 2009
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National Oilwell Varco, Inc. Q2 2009 Earnings Call TranscriptTue, Jul 28, 2009
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National Oilwell Varco Inc. Q1 2009 Earnings Call TranscriptThu, Apr 23, 2009
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National Oilwell Varco Q4 2008 Earnings Call TranscriptWed, Feb 4, 2009
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National Oilwell Varco, Inc. Q3 2008 Earnings Call TranscriptFri, Oct 24, 2008
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National Oilwell Varco, Inc. Q2 2008 Earnings Call TranscriptTue, Jul 29, 2008
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Business Wire (Mon, 9:00AM)
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at MarketWatch.com (Fri, 10:59AM)
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at CNBC.com (Wed, 4:24PM)
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Business Wire (Apr 29, 2013)
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at MarketWatch.com (Apr 26, 2013)
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Business Wire (Apr 26, 2013)
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at CNBC.com (Mar 14, 2013)
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at MarketWatch.com (Mar 8, 2013)
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Business Wire (Mar 6, 2013)
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Business Wire (Feb 21, 2013)
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at CNBC.com (Feb 20, 2013)
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Business Wire (Feb 20, 2013)
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Business Wire (Feb 19, 2013)
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at CNBC.com (Feb 14, 2013)
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at MarketWatch.com (Feb 6, 2013)
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at MarketWatch.com (Feb 1, 2013)
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Business Wire (Feb 1, 2013)
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at CNBC.com (Jan 25, 2013)
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at CNBC.com (Jan 25, 2013)
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at MarketWatch.com (Dec 27, 2012)
NOV vs. ETF Alternatives
Company Description
National Oilwell Varco, Inc. (“NOV” or the “Company”), a Delaware corporation incorporated in 1995, is a leading worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Friday, February 1, 8:26 AM More on National Oilwell Varco's (NOV) Q4 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. 1 Comment [Energy, Earnings]
- Friday, February 1, 7:02 AM National Oilwell Varco (NOV): Q4 EPS of $1.49 beats by $0.05. Revenue of $5.69B beats by $0.38B. (PR) Comment! [Earnings, Breaking News]
- Friday, February 1, 12:05 AM Notable earnings before Friday’s open: AON, BEAM, BEN, BPO, CVX, HCLP, IR, LM, LYB, MAT, MRK, NOV, NS, NWL, PRGO, TSN, WETF, XOM Comment! [Earnings]
- Thursday, January 31, 5:30 PM Notable earnings before Friday’s open: AON, BEAM, BEN, BPO, CVX, HCLP, IR, LM, LYB, MAT, MRK, NOV, NS, NWL, PRGO, TSN, WETF, XOM Comment! [Earnings]
- Friday, January 25, 12:14 PM National Oilwell Varco (NOV +0.6%) is downgraded to Buy from Strong Buy with an $83 price target, down from $105, at ISI Oil Services, which cites the maturing newbuild cycle as being behind a slowing down in NOV's forecast performance. The firm bases its lower price on 11.5x its revised 2014 EPS estimate. Comment! [Energy, Quick Ideas]
- Tuesday, January 8, 3:56 PM National Oilwell Varco (NOV -2.8%) is downgraded to Sector Perform with an $80 price target, lowered from $88, by RBC Capital, which says NOV's share price is heavily tied to rig equipment orders. The firm believes a near-to-intermediate term lull in orders may begin in 2013 as the industry digests the influx of equipment ordered in recent quarters. 2 Comments [Energy, Quick Ideas, On the Move]
- Thursday, January 3, 2:48 PM Morningstar recognizes National Oilwell Varco's (NOV) Pete Miller as its 2012 CEO of the Year, praising his "stellar job at capital allocation, identifying major industry trends, investing billions in capital ahead of the shifts, and then executing brilliantly on deals." Miller "pulled off without a hitch" an acquisition-heavy strategy that carries the risk of operational miscues in an industry where reliability is prized. 3 Comments [Energy]
- Monday, December 24, 2012, 8:18 AM Robbins & Myers (RBN) reports FQ1 EPS of $0.76 vs. $0.77 in the same period last year, and $257M in sales, up 9% Y/Y. Also, RBN and National Oilwell Varco (NOV) agree to provide at least 30 days notice to the Justice Department prior to consummating NOV's proposed $60/share takeover. Comment! [Energy, Earnings]
- Wednesday, December 12, 2012, 10:29 AM Among energy companies tracked by 24/7, the sharpest increases in short interest came in top pipeline MLPs Kinder Morgan (KMP) and Enterprise (EPD). With the pipeline partnerships’ business model a proven winner, the increase in short interest looks like a bet against the pipeline companies based on debt levels and shrinking cash flows as demand slackens. 11 Comments [Energy]
- Friday, December 7, 2012, 5:56 PM Antitrust reviews by U.S. and Canadian officials on Robbins & Myers' (RBN) planned $2.5B acquisition by National Oilwell Varco (NOV) have been extended, pushing the deal’s proposed closing date into 2013. The moves are not a big surprise; RBN -0.2%, NOV -0.3% AH. Comment! [Energy, M&A]
- Tuesday, December 4, 2012, 8:13 AM An investigation by shipyard owner SembCorp Marine finds a braking system failure on one of the movable legs was the cause of Monday’s jack-up tilt that injured 89 workers. The rig involved in the incident was identified as the Noble 1 by contractor National Oilwell Varco (NOV), which had workers on board at the time. Comment! [Energy]
- Monday, November 26, 2012, 12:26 PM Raymond James doesn't seem impressed by Cameron's (CAM -1.4%) $275M order from South Korea’s STX Offshore & Shipbuilding. "It is still a bit early to get excited" by CAM's award, the firm says; while National Oilwell Varco (NOV -1.8%) likely will maintain its dominant market position in drilling equipment, the impact of the STX deal on CAM’s balance sheet “could be fairly significant." Comment! [Energy, On the Move]
- Thursday, November 15, 2012, 9:22 AM National Oilwell Varco, Inc. (NOV) declares $0.13/share quarterly dividend, 8.3% increase from prior dividend of $0.12. Forward yield 0.73%. For shareholders of record Dec. 7. Payable Dec. 21. Ex-div Dec. 5. (PR) 1 Comment [Dividends]
- Wednesday, November 14, 2012, 8:16 PM Warren Buffett's Berkshire Hathaway discloses several changes to its portfolio, including a stake in Deere & Co. (DE) and selling off 5.3M shares of CVS Caremark (CVS). Firm also added to its existing investments in: Wells Fargo (WFC), Bank of New York Mellon Corp. (BK), General Motors (GM), DirecTV (DTV), DaVita (DVA), National Oilwell Varco (NOV) and Viacom (VIAB). It reduced stakes in: Johnson & Johnson (JNJ), Kraft Foods (KRFT), Lee Enterprises (LEE), Procter & Gamble (PG) and US Bancorp (USB). (13-F) 3 Comments [Financials]
- Friday, November 2, 2012, 10:58 AM T. Boone Pickens sees natural gas prices rising to $4.50 or $5 in the next year and perhaps $6 by 2015, and suggests two energy favorites: National Oilwell Varco (NOV), due to its huge shale opportunity for development with support remaining for oil domestically and internationally, and Pioneer Natural Resources (PXD), pointing to its 900K acres of assets, particularly in the Permian basin. 10 Comments [Energy, Quick Ideas]
- Thursday, October 25, 2012, 12:27 PM National Oilwell Varco (NOV -4.1%) posted better than expected Q3 profits and enjoyed solid demand for deepwater equipment, but shares are down sharply on worries about the stalled U.S. land drilling market. Demand for NOV's products and services continued to grow in international markets, but softened in North America, which accounts for half its revenue. 4 Comments [Energy, Earnings, On the Move]
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Mercy Jimenez
Blowout preventers (BOPs) leaking drilling fluid now require inspection; $GE has 20 + $NOV has 12 in GOM http://reut.rs/WBREfL - View all 3 replies
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Alex T: Bob, the largest rig builder in NOV. I don't believe that Cameron even match what NOV produces. Also I believe I read NOV has a 2 Bil backor
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Wilson Wang: Right on Chris! I will look into it! Thanks for letting me know!
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Mercy Jimenez: Plus adding 2selling --former Area Mngr alleges $NOV falsified drill pipe inspection reports; drill pipe failures = catastrophic results ...
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Mercy Jimenez: If true - are there billions of feet of faulty pipes on oil rigs around the world?? Enough to worry or not? http://reut.rs/YFOKXE
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paulalmony
I bought $NOV today at $68. Added to my position at 70.25. Considering selling $70 calls. - View all 0 replies
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LATEST REPLIES
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Will Erlandson: Bought back the 165Cs at a loss, overall position still very strong.
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Mercy Jimenez
Pickens goes on selling spree of BP, SLB, HAL, WFT and SU; while Buffett picked up some of the NOV he sold http://bloom.bg/PbeaKi - View all 5 replies
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Stephen J Melnykevich: Wonder why Pickens dropped BP. Looks to be a good long term hold, what are your thoughts?
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FortSumter: NOV has been a dog in my portfoliio for the last 4 years. Finally gaining traction. Hope it plays catchup to rest of market.
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mun2000: today will be short squeeze day.the same guy who short the market wil try to recover going long .1400 soon .also gold 1750 fast
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Hypnos7: At some point QE will stop working. Just keep your stop losses tight and keep playing the hands you're dealt.
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Chines33: Hillbilly I assume so...haven't looked at numbers...that's just what they were saying on call.
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Chines33: Not sure..nibbling here and there,,.did aain near lows today..Want to get a full position on around 62
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campusglass
With last night into todays losses NOV is still my best trading month ever. Thanks for everything ive learned guys - View all 5 replies
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golfitobob: Yep, like I said when S&P @ 1270s..As maket tumbles DIVIDENDS really grow ! ha ha ha ha ha Now if ya can stop Fed destroying $ I am in !
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