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BRIEF-National Oilwell Varco Q4 2020 Revenues Of $1.33 Billion

· 02/04/2021 18:18
BRIEF-National Oilwell Varco Q4 2020 Revenues Of $1.33 Billion

- Nov Inc NOV.N:

  • Q4 2020 REVENUES OF $1.33 BILLION, A DECREASE OF FOUR PERCENT COMPARED TO Q3 OF 2020

  • COMPLETION & PRODUCTION SOLUTIONS GENERATED REVENUES OF $546 MILLION IN Q4 OF 2020

  • QTRLY NEW ORDERS BOOKED IMPROVED 27 PERCENT SEQUENTIALLY TO $215 MILLION

  • BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR COMPLETION & PRODUCTION SOLUTIONS AT DECEMBER 31, 2020 WAS $696 MILLION

  • QTRLY LOSS PER SHARE $0.90

  • AT DECEMBER 31, 2020, BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR RIG TECHNOLOGIES WAS $2.7 BILLION

  • NEW RIG TECHNOLOGIES ORDERS BOOKED DURING QUARTER TOTALED $190 MILLION

  • AS OF DECEMBER 31, 2020, COMPANY HAD TOTAL DEBT OF $1.83 BILLION

  • FY2021 EARNINGS PER SHARE VIEW $-0.30 -- REFINITIV IBES DATA

  • Q4 EARNINGS PER SHARE VIEW $-0.19 -- REFINITIV IBES DATA

  • Q4 REVENUE VIEW $1.34 BILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nBw6r0XKYa

Further company coverage: NOV.N


((Reuters.Briefs@thomsonreuters.com;))