Website: N/A
Stock Symbol: NYSE: NOV
Market Value: N/A (in millions)
National Oilwell Varco, Inc. (“NOV” or the “Company”), a Delaware corporation
incorporated in 1995, is a leading worldwide provider of equipment and
components used in oil and gas drilling and production operations, oilfield
services, and supply chain integration services to the upstream oil and gas
industry. The Company conducts operations in approximately 700 locations across
six continents.
On March 11, 2005, we acquired all of the outstanding shares of Varco
International, Inc. (“Varco”) with the issuance of 0.8363 shares of
National-Oilwell, Inc. common stock for each Varco common share (the “Merger”).
The Company then changed its name from National-Oilwell, Inc. to National
Oilwell Varco, Inc. We have included the financial results of Varco in our
consolidated financial statements beginning March 11, 2005, the date Varco
common shares were exchanged for NOV common shares.