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National-Oilwell Varco is planning to spin off its distribution business from the rest of the company, creating two standalone, publicly traded corporations. According to National Oilwell Varco's ...
With the recently announced spinoff of its low-margin, world class oil and gas equipment distribution business, National Oilwell Varco (NYSE: NOV) is setting itself up for a serious margin boost ...
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a 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 gas industry.
In August 2012, Robbins & Myers, Inc. and National Oilwell Varco, Inc. agreed that National Oilwell Varco would acquire Robbins & Myers with about $2.5 billion in cash.In February 2013, the acquisition was completed after antitrust clearance.
Margins matter. The more National Oilwell Varco (NYS: NOV) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
National Oilwell Varco (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
From 1997 to 2000 and 2001 to 2002, Williams was VP of Corporate Development at Varco International. From 1999 to 2001, he was VP of Pipeline Services for both Varco and Tuboscope before the merger and then from 1996 to 1997, Director of Corporate Development. Between 2003 and 2005, he was the CFO and VP, prior to the company's merger.
National Oilwell Varco will release its quarterly report on Tuesday, and the revolution in the U.S. energy industry continues to promise the potential for huge sales growth for the companies that ...