National Oilwell Varco Provides Operational Update for the First Quarter 2019
National Oilwell Varco, Inc. (NYSE: NOV) today announced that it expects to report first quarter 2019 revenues of $1.94 billion, which is below prior expectations.
- National Oilwell Varco, Inc. (NYSE: NOV) today announced that it expects to report first quarter 2019 revenues of $1.94 billion, which is below prior expectations.
- These dynamics translated into order intake that accelerated through the quarter and resulted in a sequential increase in bookings.
- Notwithstanding our expectations for market conditions and our financial results to improve as we progress through 2019, the outlook remains opaque.
- NOV will hold its first quarter 2019 conference call on Friday, April 26 at 10 a.m. (Central Time).