National Oilwell Varco

Schlumberger NV (NYSE: SLB), a global oilfield services company that has seen year-over-year revenue growth in the double digits for the past four quarters, is scheduled to report second-quarter 2012 results Friday, July 20, before the U.S. markets open. Expectations The Street is expecting that...

The European situation was the focus at this past weekend's G20 meeting. Even as a bailout of Greece seems to be all but set, several eurozone members teeter on the brink of recession. On top of that comes the backlash from Iran over sanctions due to its nuclear development efforts. See also:...

Stifel Nicolaus has raised the price target on National Oilwell Varco (NYSE: NOV) from $90 to $95 and maintains its Buy rating.

Societe Generale has initiated coverage on the following companies: Cameron International (NYSE: CAM) Buy, $59 PT National Oilwell Varco (NYSE: NOV) Buy, $84 PT FMC Technologies (NYSE: FTI) Hold, $46 PT Oceaneering International (NYSE: OII) Hold, $81 PT

According to Morgan Keegan, National Oilwell Varco (NYSE: NOV) order expectations are raised and defined. Morgan Keegan reported that it is raising its 2011 Rig Tech order estimate to $6.15 billion from $5.2 billion based on impact of offshore rig new build orders, increasing capital expenditure...

Sterne Agee has published a research report on National Oilwell Varco, Inc. (NYSE: NOV) and has upgraded the company to Buy from Neutral. In the report, Sterne Agee writes "We are taking our 2012 EPS expectation from $4.40 to $5.40, which is now 20% ahead of the consensus. We fully anticipate the...

Sterne Agee has published a research report on National Oilwell Varco, Inc. (NYSE: NOV) and has upgraded the company to Buy from Neutral. In the report, Sterne Agee writes "We are taking our 2012 EPS expectation from $4.40 to $5.40, which is now 20% ahead of the consensus. We fully anticipate the...

Dahlman Rose has published a research report on Oilfield Services and poses the question: is there a soft floor under natural gas prices? In the report, Dahlman Rose writes "Drawing from synergies with our Coal & Utilities and E&P teams, we see a potential debate emerging that favors...

J.P. Morgan is raising its price target on National Oilwell Varco, Inc. (NYSE: NOV), which remains its top pick. “We raised our NOV price target to $65 as the stock is trading a full 56% below fair value on normalized EBITDA,” J.P. Morgan writes. “We expect considerable acquisition talk and action...

National Oilwell Varco (NYSE: NOV) has reported an adjusted 3Q EPS of $0.97 vs. Goldman's $0.92 estimate and also having improved margins in all segments. In the report, Goldman Sachs writes "NOV's recent run (+21% vs. OSX since late July) reflects improved clarity on the outlook for equipment...

National Oilwell Varco (NYSE: NOV) reported better than estimated EPS in its 2Q, showing $0.97 over Dahlman's $0.95. Net new orders were up to $660M while backlog revenue decreased to $1.25B, mostly from offshore projects. National Oilwell Varco has increased inquiries for upgrades and replacement...