|Bid||21.00 x 1000|
|Ask||22.23 x 900|
|Day's Range||21.94 - 22.42|
|52 Week Range||18.05 - 33.53|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 6, 2020|
|Forward Dividend & Yield||0.20 (0.91%)|
|1y Target Est||25.58|
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 December 20, 2019 to each stockholder of record on December 6, 2019.
NEW YORK , Nov. 13, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national class action securities firm headquartered at the Empire State Building ...
National Oilwell Varco, Inc. will hold a conference call to discuss its fourth quarter and full-year 2019 results on Friday, February 7, 2020 at 10 a.m. . NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, February 6, 2020.
NEW YORK , Nov. 12, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty ...
We'd be surprised if National Oilwell Varco, Inc. (NYSE:NOV) shareholders haven't noticed that the VP, Corporate...
National Oilwell Varco, Inc. (NYSE:NOV) shareholders should be happy to see the share price up 14% in the last month...
National Oilwell Varco, Inc. (NOV) (the “Company”) today announced that it issued a notice to redeem a portion of its 2.60% senior notes due December 2022; priced a new underwritten public offering of $500 million of senior unsecured notes due December 2029; and announced the completion of an amendment that includes the extension of the maturity date of its credit agreement. “We are pleased to announce this series of transactions that extends the maturities on $500 million of our debt, allows for a near-term paydown of up to $500 million in debt, demonstrates a commitment to further reduce leverage by $400 million by December 2022, and ultimately accelerates the timeline in which the Company will reach our stated objective of achieving a gross debt to Adjusted EBITDA leverage ratio of two times or less,” commented Clay Williams, Chairman, President and CEO.
Rising cash balances will give management the option to further reduce debt should earnings growth continue to be hard to come by or in the event of a significant downturn. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
National Oilwell Varco, Inc. (NOV) (the “Company”) today announced that it intends to conduct an underwritten public offering of senior unsecured notes due 2029, subject to market and other conductions. The Company intends to use the net proceeds from the sale of the notes, along with cash on hand or revolving credit facility borrowings, to redeem a portion of its 2.600% senior notes due December 2022. Barclays Capital Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.
Now Inc. said late Friday its board of directors has appointed Dick Alario the company's interim chief executive, effectively immediately, replacing Robert Workman. Now Inc., a distributor of oil drilling equipment spun off from National Oilwell Varco Inc. in 2014, did not disclose a reason for Workman's departure. Workman also will no longer serve on the board. Now said it plans to hire a search firm to recruit a new chief executive. Alario has asked the company not to be considered for the full-time CEO position. Now shares were flat in the extended session Friday after ending the regular trading day up 8%.
Wall Street closed sharply higher on Monday buoyed by better-than-expected earnings results, possibility of an interim trade deal and positive development on Brexit.
Keeping pace with the changing market dynamics, National Oilwell Varco (NOV) is looking to continue with its disciplined approach to capital spending and improvement in efficiency.
National Oilwell Varco (NOV) delivered earnings and revenue surprises of -710.00% and -1.93%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
National Oilwell Varco, Inc. today reported third quarter 2019 revenues of $2.13 billion, compared to $2.13 billion for the second quarter of 2019 and $2.15 billion for the third quarter of 2018.
National Oilwell Varco (NYSE: NOV ) releases its next round of earnings this Monday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report. Earnings and Revenue Based ...
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National Oilwell (NOV) is likely to have benefited from higher backlog orders in the Completion & Production Solutions and Rig Technology segments owing to increased offshore drilling rig activities.