The company reported a loss of $75 million for the quarter.
Latest In National Oilwell Varco
Company reports solid performance in 2018 despite year-end slowdown.
Distributor says it expects higher activity in oil and gas sector in 2019.
Company cites strong activity in North America and most international markets.
Joint venture will bring new drilling technology and services to Saudi Arabia.
Fourth quarter sales increased 16.4 percent year-over-year.
The company will implement the change in the fourth quarter of 2017.
National Oilwell Varco, NOW Inc. also report positive outlook for activity, but remain cautious.
Profit decreased 14.3 percent in the first quarter.
Fourth quarter sales decreased 38 percent year-over-year.
Manufacturer deploying machine learning, predictive analytics to lower customer costs.
The company reported a loss of $1.4 billion for the quarter.
Company reports loss of $217 million for the quarter.
Company reports loss of $119 million for the quarter.
"Tumbling oil prices" lead to sharp sales decline during year.
Profit for the quarter decreased 77.8 percent year-over-year.
Jose Bayardo appointed senior vice president & CFO of company.
Profit for the quarter decreased 53.3 percent year-over-year.