National OilWell Varco Inc - SWOT Analysis
Datamonitor's National OilWell Varco Inc Company Profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
National Oilwell Varco (NOV) is engaged in designing, manufacturing and selling equipment and components used in oil and gas drilling and production operations. The company also provides oilfield services and supply chain integration services to the upstream oil and gas industry. The company operates in the US, Canada, the UK and Norway. It is headquartered in Houston, Texas and employs about 26,860 people. The company recorded revenues of $7,025.8 million during the fiscal year ended December 2006, an increase of 51.3% over 2005. The operating profit of the company was $1,111.1 million during fiscal year 2006, compared to operating profit of $476.8 million in 2005. The net profit was $684 million in fiscal year 2006, compared to net profit of $286.9 million in 2005.
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- Data is supplemented with details on the company’s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.
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