National Oilwell Varco Reports First Quarter 2016 Results

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National-Oilwell Varco (NOV) Cutting EPS But Raising the PT - KLR Group

April 29, 2016 7:13 AM EDT

KLR Group analyst, Darren Gacicia, raised his PT on National-Oilwell Varco (NYSE: NOV) to $52 and believes investors place too high of an emphasis on the downturn in the offshore rig construction cycle. The consumables businesses drive NOV's earnings recovery with an increase in upstream activity while NOVs strong balance sheet, FCF, and opportunities for accretive acquisitions, offer a good risk/reward.... More

National Oilwell Varco (NOV) Tops Q1 EPS by 4c

April 28, 2016 8:23 AM EDT

National Oilwell Varco (NYSE: NOV) reported Q1 EPS of ($0.06), $0.04 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.24 billion.

For earnings history and earnings-related data on National Oilwell Varco (NOV) click here.

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