|Bid||43.60 x 45100|
|Ask||44.10 x 4000|
|Day's Range||43.64 - 43.96|
|52 Week Range||29.93 - 49.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.20 (0.43%)|
|1y Target Est||43.34|
Of the 27 analysts surveyed by Reuters covering National Oilwell Varco (NOV), one analyst rates the stock as a “strong buy,” three analysts rate it as a “buy,” and 21 analysts rate NOV as a “hold.” Two of the surveyed analysts rated National Oilwell Varco as a “sell.”
On August 16, Jefferies raised its rating for TechnipFMC (FTI) from “hold” to “buy.” It also raised its price target for FTI from $30 to $37. On August 2, Barclays raised its price target for TechnipFMC from $32 to $35. On July 30, BMO raised FTI’s price target from $34 to $35.
National Oilwell Varco, Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on September 28, 2018 to each stockholder of record on September 14, 2018.
National Oilwell Varco, Inc. will hold a conference call to discuss its third quarter 2018 results on Friday, October 26, 2018 at 10 a.m. . NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, October 25, 2018.
NEW YORK, Aug. 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cboe ...
Active WTI crude oil futures was trading above their 50-day, 100-day, and 200-day moving averages of $69.20, $67.60, and $63.30 per barrel, respectively, on July 30. These moving average suggests bullishness in oil prices. However, WTI crude oil was trading below its 20-day moving average of $70.90 per barrel on July 30.
Schlumberger (SLB) released its second-quarter financial results on July 20. Between July 20 and July 27, Schlumberger’s implied volatility decreased from ~21.6% to 20.1%. The company’s stock price increased 1.4% during this period. Schlumberger accounts for 3.0% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES), which provides exposure to the energy sector’s oil and gas equipment and service segment. XES increased 1.5% between July 20 and July 27.
Baker Hughes, a GE Company (BHGE), published its US natural gas rigs report on July 27. Baker Hughes reported that US natural gas rigs decreased by one to 186 on July 20–27—the lowest level since March 2. Natural gas targeted rigs have also decreased by six or ~3.1% year-over-year.
Baker Hughes, a GE Company (BHGE), published its US crude oil rig count report on July 27. Baker Hughes reported that US crude oil rigs rose by three to 861 on July 20–27. The rigs hit 858 for the week ending July 20—near the lowest level since May 18. However, the rigs have increased by 95 or ~12.4% year-over-year.
Weatherford International (WFT) released its financial results for Q2 2018 on July 27 before market hours. On that day, WFT’s stock price reacted positively, rising 1.5% to $3.48 from the previous day’s close. This rise outperformed the 1.3% rise in the WTI crude oil (USO) price on July 27 over the previous day’s close. Better-than-expected earnings could have boosted WFT’s stock price on July 27.
National Oilwell Varco (NOV) was a big mover last session, as the company saw its shares rise more than 10% on Friday amid huge volumes.
NEW YORK, NY / ACCESSWIRE / July 30, 2018 / U.S. markets plunged on Friday, after Twitter reported disappointing second quarter earnings and gross domestic product reflected fairly strong economic growth, ...
In this part of the series, we’ll look at Wall Street analysts’ forecasts for National Oilwell Varco (NOV) after its Q2 2018 earnings release.
National Oilwell Varco (NOV) released its financial results for Q2 2018 on July 26 after the market closed. Its stock rose 0.5% that day to $42.52 compared to the closing price on July 25.
From Q2 2017 to Q2 2018, National Oilwell Varco’s (NOV) Wellbore Technologies segment revenue rose 29.2%. It was the highest rise in revenue among NOV’s operating segments in Q2 2018. Its Completion & Production Solutions segment witnessed a 13.2% YoY (year-over-year) rise in revenue in Q2 2018. The Wellbore Technologies segment was NOV’s highest revenue contributor (36%) followed by Completion & Production Solutions (34%) in Q2 2018.
National Oilwell Varco (NOV) released its Q2 2018 financial results on July 26 after the market closed. It reported revenues of $2.11 billion, up 19.7% from $1.76 billion in Q2 2017. Sequentially, its revenues increased 17.3%. Strong North American upstream activity and revenue growth in most of NOV’s international markets led to the overall rise in revenues in the second quarter.
National Oilwell (NOV) comes up with a stellar show in the second quarter of 2018 on robust performance across all its segments.
National Oilwell Varco, Inc. today reported second quarter 2018 net income of $24 million, or $0.06 per diluted share. Revenues for the second quarter were $2.11 billion, an increase of 17 percent compared to the first quarter of 2018 and an increase of 20 percent from the second quarter of 2017.