National Oilwell Varco Reports Third Quarter 2017 Results

27.10.2017 -

National Oilwell Varco reported a third quarter 2017 net loss of $26 million, or $0.07 per share. Revenues for the third quarter of 2017 were $1.84 billion, an increase of four % compared to the second quarter of 2017 and an increase of eleven % from the third quarter of 2016. Operating loss for the third quarter was $7 million, or 0.4 % of sales.

National Oilwell Varco Reports First Quarter 2017 Results

28.04.2017 -

National Oilwell Varco, Inc. 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.

National Oilwell Varco Reports Third Quarter 2016 Results

14.11.2016 -

National Oilwell Varco reported a third quarter 2016 net loss of $1.36 billion, or $3.62 per share. Excluding other items, net loss for the quarter was $128 million, or $0.34 per share. Other items totaled $1.09 billion, pretax, consisting of a $972 million goodwill impairment and $116 million of other charges primarily associated with severance, facility closures and write-offs of certain assets.