Oil & Gas Stock Roundup: Chevron OKs $37B Tengiz Expansion, National Oilwell Teams Up with GE
Nilanjan Choudhury - Zacks Investment Research - Tue Jul 12, 10:31AM CDT
Chevron (CVX)-led consortium approved a $37 billion expansion for the Tengiz oilfield, while National Oilwell Varco (NOV) collaborated with GE to offer FPSO solutions.
KMI: 19.81 (+0.59), NOV: 34.02 (+1.83), PBR: 8.08 (+0.31), PXD: 156.50 (+3.50), RIG: 12.84 (+1.06), XOM: 94.95 (+1.06), CVX: 106.78 (+1.39)
National Oilwell and GE to Offer Improved FPSO Solutions
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 8:18AM CDT
Energy equipment maker National Oilwell Varco Inc. (NOV) has teamed up with General Electric Company (GE) to offer solutions for Floating Production Storage and Offloading vessels.
NOV: 34.02 (+1.83), MDR: 5.13 (+0.23), GE: 32.26 (+0.05), NGS: 24.13 (+0.34)
National Oilwell Varco (NOV) Approaches New Upside Target of $32.47
Comtex SmarTrend(R) - Thu Jul 07, 8:43AM CDT
National Oilwell Varco (NYSE:NOV) has opened bullishly above the pivot of $31.32 today and has reached the first level of resistance at $31.96. Analysts will be watching for a cross of the next upside pivot targets of $32.47 and $33.62.
NOV: 34.02 (+1.83)
National Oilwell Varco and GE Oil & Gas Cooperate to Provide Integrated Solutions for Floating Production Storage and Offloading (FPSO) Vessels
BusinessWire - Thu Jul 07, 5:30AM CDT
--New FPSO industrial platform enables repeatability and provides greater value to customers through economies of scale
NOV: 34.02 (+1.83)
National Oilwell Varco Set to Possibly Pullback After Yesterday's Rally of 2.08%
Comtex SmarTrend(R) - Fri Jul 01, 2:07PM CDT
National Oilwell Varco (NYSE:NOV) traded in a range yesterday that spanned from a low of $33.53 to a high of $34.50. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $33.65 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NOV: 34.02 (+1.83)
After Yesterday's Rally of 2.08% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Fri Jul 01, 2:06PM CDT
National Oilwell Varco (NYSE:NOV) traded in a range yesterday that spanned from a low of $33.53 to a high of $34.50. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $33.65 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NOV: 34.02 (+1.83)
National Oilwell (NOV): Better to Hold Given Crude Recovery
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:35AM CDT
We issued an updated research report on energy equipment maker, National Oilwell Varco, Inc. (NOV) on Jun 13, 2016.
NOV: 34.02 (+1.83), MDR: 5.13 (+0.23), PTR: 70.41 (+1.82), TCP: 54.67 (+1.75)
Learn how to target a 20% return on Valeant Pharmaceuticals, or get option-trade ideas on Lululemon, First Solar, UnitedHealth, and National Oilwell Varco or any stock you choose
PR Newswire - Thu Jun 09, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for VRX, LULU, FSLR, UNH and NOV.
NOV: 34.02 (+1.83), VRX: 23.22 (+0.13), FSLR: 46.99 (+0.50), UNH: 139.86 (-0.46), LULU: 76.62 (+0.13)
Williams (WMB) May Cut Dividend In Case ETE Merger Flops
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:54AM CDT
Williams Companies Inc. (WMB) has given a warning to its shareholders that it might opt for reducing third-quarter dividend if its merger with Energy Transfer Equity L.P. (ETE) falls through.
NOV: 34.02 (+1.83), WMB: 21.89 (+1.16), ETE: 16.05 (+0.55), MRO: 15.60 (+0.91), SDRL: 3.25 (+0.21)
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:30AM CDT
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
NOV: 34.02 (+1.83), HERO: 1.22 (+0.01), DVN: 40.01 (+2.34), RIG: 12.84 (+1.06), SLB: 79.65 (+1.63)
Oil & Gas Stock Roundup: Devon Energy Unloads $1B in Assets, Schlumberger Buys Omron Unit
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 07, 1:50PM CDT
Devon Energy (DVN) announced non-core asset sale of $1 billion, while Schlumberger (SLB) acquired an automation technology company.
NOV: 34.02 (+1.83), DVN: 40.01 (+2.34), HERO: 1.22 (+0.01), RIG: 12.84 (+1.06), XOM: 94.95 (+1.06), CVX: 106.78 (+1.39), SLB: 79.65 (+1.63)
SmarTrend Watching for Potential Pullback in Shares of National Oilwell Varco After 7.40% Gain
Comtex SmarTrend(R) - Mon Jun 06, 2:34PM CDT
National Oilwell Varco (NYSE:NOV) traded in a range yesterday that spanned from a low of $32.49 to a high of $34.50. Yesterday, the shares gained 7.4%, which took the trading range above the 3-day high of $32.58 on volume of 2.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NOV: 34.02 (+1.83)
Watch for National Oilwell Varco to Potentially Pullback After Gaining 7.40% Yesterday
Comtex SmarTrend(R) - Mon Jun 06, 2:32PM CDT
National Oilwell Varco (NYSE:NOV) traded in a range yesterday that spanned from a low of $32.49 to a high of $34.50. Yesterday, the shares gained 7.4%, which took the trading range above the 3-day high of $32.58 on volume of 2.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
NOV: 34.02 (+1.83)
National Oilwell to Buy Trican's Completion Tools Business
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 7:12AM CDT
National Oilwell Varco Inc. (NOV) has decided to buy completion tools operations of Trican Well Service.
NOV: 34.02 (+1.83), WPT: 16.16 (+0.25), PTR: 70.41 (+1.82), TCP: 54.67 (+1.75)
NOV Announces Definitive Agreement to Acquire the Completion Tools Business of Trican Well Service Ltd.
BusinessWire - Wed Jun 01, 2:41PM CDT
National Oilwell Varco, Inc. (NYSE:NOV) announced today that it has entered into a definitive agreement to acquire the completion tools business of Trican Well Service Ltd. (TSX:TCW). The business designs and sells a range of innovative and patented downhole tools for multi-stage fracturing and multi-zone completions in North America and select international markets.
NOV: 34.02 (+1.83), TCW.TO: 2.48 (+0.07)
SmarTrend Watching for Potential Rebound in Shares of National Oilwell Varco After 2.70% Loss
Comtex SmarTrend(R) - Wed Jun 01, 1:55PM CDT
National Oilwell Varco (NYSE:NOV) traded in a range yesterday that spanned from a low of $31.52 to a high of $32.58. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $32.18 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NOV: 34.02 (+1.83)
National Oilwell Varco Set to Possibly Rebound After Yesterday's Selloff of 2.70%
Comtex SmarTrend(R) - Wed Jun 01, 1:54PM CDT
National Oilwell Varco (NYSE:NOV) traded in a range yesterday that spanned from a low of $31.52 to a high of $32.58. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $32.18 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NOV: 34.02 (+1.83)
InvestorsObserver releases covered-call reports for Micron, Dollar Tree, Dollar General, Southwestern Energy Company and National Oilwell Varco
PR Newswire - Fri May 27, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for MU, DLTR, DG, SWN and NOV.
NOV: 34.02 (+1.83), MU: 13.23 (+0.59), DLTR: 94.44 (-0.43), DG: 93.04 (-1.20), SWN: 14.20 (+1.30)
NOV Announces a Technology Advancement in the Lifecycle Management of Wellbore Products
BusinessWire - Thu May 26, 5:30AM CDT
National Oilwell Varco, Inc. (NYSE: NOV) announced today that it has introduced an advancement in Radio Frequency Identification (RFID) technology and asset management software for the oil and gas industry. NOV's latest generation RFID tag, TracTag(TM), has been field-proven to withstand extreme drilling conditions when installed on drillstring components. The tag is currently the only RFID technology in the industry that can survive extreme downhole temperatures of -40°C to +200°C (-58°F to +400°F) and up to 1550 Bar (22'500 PSI) of pressure.
NOV: 34.02 (+1.83)
National Oilwell Varco Declares Regular Quarterly Dividend
BusinessWire - Thu May 19, 5:45AM CDT
National Oilwell Varco, Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 24, 2016 to each stockholder of record on June 10, 2016.
NOV: 34.02 (+1.83)