NOV: Quarterly Dividend Set at $0.46 per Share
National Oilwell Varco, Inc. (NYSE:NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on June 26, 2015 to each stockholder of record on June 12, 2015. National Oilwell Varco is a worldwide leader in the design, manufacture …
National Oilwell Varco: Scott Duff Named Interim CFO
National Oilwell Varco, Inc. today announced that Jeremy D. Thigpen has informed the Company of his resignation as Senior Vice President and Chief Financial Officer, in order to become Chief Executive Officer of Transocean, one of NOV’s largest customers. Scott K. Duff, NOV’s Vice President and Chief Accounting Officer has …
National Oilwell Varco Declares Regular Quarterly Dividend
National Oilwell Varco, Inc. announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on March 27, 2015 to each stockholder of record on March 13, 2015. National Oilwell Varco is a worldwide leader in the design, manufacture and sale …
National Oilwell Varco Announces Fourth Quarter and Full Year 2014 Earnings
National Oilwell Varco, Inc. today reported that for its fourth quarter ended December 31, 2014, it earned net income from continuing operations of $595 million, or $1.39 per fully diluted share, compared to net income from continuing operations of $699 million, or$1.62 per fully diluted share in the third quarter …
National Oilwell Varco: Quarterly Dividend of $0.46 per Share
National Oilwell Varco, Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on December 19, 2014 to each stockholder of record on December 5, 2014. National Oilwell Varco is a worldwide leader in the design, manufacture and …
National Oilwell Varco Announces $3 Billion Share Repurchase Plan
National Oilwell Varco, Inc. announced today that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company’s outstanding common stock. Clay C. Williams, National Oilwell Varco’s Chairman, President and CEO, commented: “This authorization comes after several months of careful consideration and …
National Oilwell Varco Announces Second Quarter 2014 Earnings and Warns of Impact of Russian Sanctions
National Oilwell Varco, Inc. today reported that for its second quarter ended June 30, 2014, it earned net income of $619 million, or $1.44 per fully diluted share, compared to first quarter ended March 31, 2014 net income of $589 million, or $1.37 per fully diluted share. Russian Warning National Oilwell Varco warned that economic sanctions against Russia could …
NOV Completes NOW Spin Off
National Oilwell Varco, Inc. today announced that it has completed the spin off to its stockholders of its distribution business as an independent public company,NOW Inc. (“NOW”). “This action demonstrates National Oilwell Varco’s commitment to provide long-term value to our stockholders,” said the Company’s Chairman and CEO Clay C. Williams. “With its …
NOV: Nearly Doubles Quarterly Dividend
National Oilwell Varco, today announced that its Board of Directors has approved an increase in the regular quarterly cash dividend to $0.46 per share of common stock from $0.26 per share of common stock, payable on June 27, 2014 to each stockholder of record on June 13, 2014. The Company …
National Oilwell Varco Board of Directors Approves Spin-Off of NOW Inc.
National Oilwell Varco, Inc. (NYSE: NOV) announced today that its board of directors has given final approval for the spin-off of its distribution business. The resulting company will be known as NOW Inc. (“NOW”) and will be headquartered in Houston. The separation will be completed by way of a pro rata distribution of all …