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How National Oilwell Varco Performed in 4Q17

Alex Chamberlin
How National Oilwell Varco Performed in 4Q17

From 4Q16 to 4Q17, National Oilwell Varco’s (NOV) Wellbore Technologies revenue rose 34.5%, the highest revenue rise among NOV’s operating segments. Its Completion & Production Solutions segment witnessed 14.6% revenue growth. National Oilwell Varco comprises 0.89% of the Vanguard Energy ETF (VDE), which includes energy exploration and production companies. The oil and gas equipment and service sector accounts for 13.3% of VDE. In the past year, VDE has risen 3%, while NOV has risen 1%. National Oilwell Varco’s segments by operating income