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  • July 28- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a higher-than-expected quarterly profit as cost cuts helped offset the impact of a fall in global drilling activity. Expenses fell more than 18 percent to $417 million in the second quarter ended June 30 from a year earlier, the company said. Net income attributable to the...

  • National Oilwell Varco beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 7:15 AM ET

    HOUSTON _ National Oilwell Varco on Tuesday reported second-quarter net income of $289 million. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. National Oilwell Varco shares have declined 36 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • National Oilwell profit drops 53 pct on weak demand Tuesday, 28 Jul 2015 | 7:08 AM ET

    July 28- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 53 percent fall in quarterly profit as a steep decline in commodity prices weighed on demand and prices for its products. Net income attributable to the company fell to $289 million, or 74 cents per share, in the second quarter ended June 30, from $619 million, or $1.44 per...

  • CEOs love buying stock with your money, not own Monday, 18 May 2015 | 11:35 AM ET
    Senior exec stocks

    As CEOs buy a record amount of stock with shareholder money, they're keeping their wallets in their pockets when it comes to buying shares on their own.

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...

  • UPDATE 1-National Oilwell forecasts declining revenue Tuesday, 28 Apr 2015 | 8:32 AM ET

    April 28- National Oilwell Varco Inc, the largest U.S. oilfield equipment maker, reported lower-than-expected quarterly revenue and forecast declining revenue for the next few quarters as weak oil prices reduce drilling activity. The company, which in February warned of a "severe downturn" in its business, said total backlog fell to $11.86 billion in the first...

  • National Oilwell profit drops 47 pct, hurt by charges Tuesday, 28 Apr 2015 | 7:12 AM ET

    April 28- National Oilwell Varco Inc, the largest U.S. oilfield equipment maker, posted a 47.4 percent drop in quarterly profit, mainly hurt by $200 million in charges. Net income attributable to the company fell to $310 million, or 76 cents per share, in the first quarter ended March 31, from $589 million, or $1.37 per share, a year earlier. Revenue fell marginally to...

  • *Statoil cutting less in capex than any other major. OSLO, April 23- Norway's Statoil is cutting investments less than any other oil major this year, positioning for a crude price recovery but taking a risk should the slump be protracted. We are either euphoric or depressed, " Statoil Chief Economist Eirik Waerness said.

  • The ‘bottoms-up’ stock picker is dead Wednesday, 18 Mar 2015 | 10:51 AM ET
    Stock picking selecting

    Hug your economist. You're going to need him.

  • Power Play: Time to get back into energy stocks Monday, 9 Mar 2015 | 1:18 PM ET
    oil crude gas

    Bullish case for energy stocks

  • A start-up that solved fracking's dirty problem Tuesday, 17 Feb 2015 | 9:38 AM ET
    A rig hand removes drill pipe from a natural gas well at a hydraulic fracturing site in Washington Township, Pennsylvania.

    Using a revolutionary osmosis process, Oasys has found a way to clean polluted fracking water, thus solving the industry's biggest quandary.

  • Tuesday's midday movers: Target, Lear, NYT & more Tuesday, 3 Feb 2015 | 1:01 PM ET
    NYSE New York Stock Exchange traders markets

    Take a look at some of Tuesday's midday movers:

  • National Oilwell warns of 'severe downturn' in 2015 Tuesday, 3 Feb 2015 | 12:40 PM ET
    Workers, bottom left, walk near National Oilwell Varco Inc. (NOV) oil duct reels at the Acu Port in Sao Joao da Barra, Brazil.

    National Oilwell Varco warned of a severe downturn in its business after orders for its drilling parts plunged nearly 90 percent.

  • Cramer's game plan: Oil bottom is imminent Friday, 30 Jan 2015 | 6:12 PM ET
    An oil processing plant in Kawasaki, Japan, December 18, 2014.

    Jim Cramer is gearing up for earnings next week, especially the oil companies.

  • Trying to pick a bottom in energy stocks Wednesday, 17 Dec 2014 | 4:07 PM ET
    Traders on the floor of the New York Stock Exchange.

    Trying to pick a bottom in energy stocks: is this the time to go long?

  • These stocks set to pop the most on oil comeback Tuesday, 2 Dec 2014 | 7:01 AM ET
    Halliburton oil fracking

    Recent history shows that when oil has rallied more than 10 percent over a 30-trading-day period, oilfield service companies have benefited.

  • Other possible winners from the Halliburton deal Tuesday, 18 Nov 2014 | 3:13 PM ET
    A worker on a oil and gas drilling rig.

    A sale of parts of Halliburton's business to appease regulators could be a game-changer for smaller oilfield services companies, analysts say.

  • More stimulus coming after Japan GDP shocker? Monday, 17 Nov 2014 | 10:08 AM ET
    Shipping containers are loaded onto an international freighter at the international cargo terminal in Tokyo.

    Japan's economy unexpected fall into recession increases the likelihood of demands for further stimulus.

  • Stock market up, but there's underlying weakness Thursday, 30 Oct 2014 | 1:22 PM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks are up despite weak market internals. Much of the Dow's gain is due to Visa and utilities are leading the S&P 500.

  • The devil is in the details on Q3 GDP upgrade Thursday, 30 Oct 2014 | 10:15 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Federal Reserve upgraded its outlook for the U.S. economy, but business and real estate investment and personal consumption dropped.