All publications by tag «NATIONAL»
2019, June, 17, 12:15:00RUSSIA'S FUND WILL BE $200 BLN
The NWF currently stands at $59 billion and is expected to quadruple to over $200 billion, or 12% of gross domestic product, in 2021. Under the law, Russia may start to use the fund as soon as it reaches 7% of GDP.
2017, May, 6, 16:35:00INTERNATIONAL RIG COUNT UP 13
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2017 was 956, up 13 from the 943 counted in March 2017, and up 10 from the 946 counted in April 2016. The international offshore rig count for April 2017 was 201, up 4 from the 197 counted in March 2017, and down 19 from the 220 counted in April 2016.
2016, October, 27, 18:35:00NOV VARCO NET LOSS $1.7 BLN
Revenues for the third quarter of 2016 were $1.65 billion, a decrease of five percent compared to the second quarter of 2016 and a decrease of 50 percent from the third quarter of 2015. Operating loss for the third quarter was $1.19 billion, or 72.1 percent of sales. Excluding other items, operating loss was $108 million, or 6.6 percent of sales. Adjusted EBITDA (operating profit excluding other items before depreciation and amortization) for the third quarter was $68 million, or 4.1 percent of sales, an increase of $43 million from the second quarter of 2016.
2016, September, 8, 18:35:00INTERNATIONAL RIG COUNT DOWN 200
The international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015. The international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 42 from the 270 counted in August 2015.
2016, July, 28, 18:35:00NOV VARCO NET LOSS $336 MLN
National Oilwell Varco, Inc. (NYSE:NOV) reported a second quarter 2016 net loss of $217 million, or $0.58 per share. Excluding other items, net loss for the quarter was $114 million, or $0.30 per share. Other items included $143 million in pre-tax charges ($103 million net of tax) primarily associated with severance, facility closure costs, and write-off of certain fixed assets.
2016, April, 28, 19:35:00VARCO NET LOSS $119 MLN
National Oilwell Varco, Inc. (NYSE:NOV) reported a first quarter 2016 net loss of $21 million, or $0.06 per share, excluding other items. Other items included $147 million in pre-tax charges primarily associated with severance and facility closure costs. GAAP net loss for the quarter was $119 million, or $0.32 per share.
2015, August, 3, 17:30:00NOV VARCO DOWN 50%
National Oilwell Varco, Inc. (NYSE: NOV) today reported that for its second quarter ended June 30, 2015, it earned net income of $289 million, or $0.74 per fully diluted share, compared to first quarter ended March 31, 2015 net income of $310 million, or $0.76 per fully diluted share. Excluding other items and non-recurring charges from all periods, second quarter net income was $301 million, or $0.77 per fully diluted share, compared to $1.14 in the first quarter of 2015 and $1.47 in the second quarter of 2014. Second quarter 2015 other items were $17 million in pre-tax severance and facility closure charges.
2015, February, 14, 14:35:00NOV: 2015 WILL BE SEVERE
Looking into 2015 we face a very challenging market.
2014, October, 2, 19:35:00NOV ANNOUNCES $3 BLN
National Oilwell Varco, Inc. (NYSE: NOV) announced today that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock.
2014, August, 5, 18:15:00SANCTIONS: NOV WARNS RUSSIA
National Oilwell Varco warns of Russian sanctions impact