Tuesday, July 10, 2007

National Oilwell Varco, Inc.

National Oilwell Varco, Inc. is among the world’s largest Oil and Gas Equipment and Services sector businesses in the world. National Oilwell Varco, Inc.’s employees generate $839.6M in profits on $7.680B of revenue. Global output in the Oil and Gas Equipment and Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but National Oilwell Varco, Inc. is determined to remain a market leader. Sectoral leadership in the Oil and Gas Equipment and Services segment takes dedication and consistency, but management seeks out-sized growth.

National Oilwell Varco, Inc.’s ticker symbol NOV has recently been trading near $105.81 a share. The National Oilwell Varco, Inc. corporate headquarters in Houston TX predicts Oil and Gas Equipment and Services profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $18.793B ensures sufficient liquidity. With a beta of 0.91, the company is less volatile than the market as a whole. When the average equity moves lower, National Oilwell Varco, Inc. moves less aggressively.

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