National Oilwell Varco, Inc. operates in the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Oilwell Varco with three other
construction and mining equipment manufacturers in North America:
sales of $2.85 billion
of which 76%
Joy Global, Inc.
of which 55%
was Underground Mining Machinery), and
Baker Hughes Incorporated
of which 58%
was Completion and Production).
National Oilwell Varco reported sales of $7.25 billion
December of 2016.
decrease of 50.9%
versus 2015, when the company's sales were $14.76 billion.
Contributing to the drop in overall sales was the 65.7% decline
in Rig Systems, from $6.96 billion to $2.39 billion.
There were also decreases in sales in
Completion and Production Solutions (down 33.4% to $2.24 billion)
Wellbore Technologies (down 40.9% to $2.20 billion)
Rig Aftermarket (down 43.7% to $1.42 billion)