The BusinessWeek 50 Ranking
27
National Oilwell Varco
PICK APART A drilling rig, and you’ll find dozens of products made by National Oilwell Varco, including specialized motors, pumps, and cranes. The surge in exploration and production spending is leading to gushing profits for this Houston company, which was formed from the merger of the oil field products businesses of steelmakers USX Corp. and Armco Inc. in 1987. Net income more than doubled in 2005, to $287 million. National Oilwell has been quite savvy about exploiting new opportunities for growth, including last year’s $2 billion acquisition of rival Varco International.
Company Info |
|
| 2005 Rank | -- |
| GET MORE COMPANY INFO | NOV |
| Market Value $ Million | 10,615.2 |
| Total Return $ Million | (1-yr.) 34.3
(3-yr.) 170.6 |
| 2005 Sales $ Billion | 4.6 |
| Sales Growth $ Million | (1-yr.) 100
(3-yr.) 41.8 |
| Long-Term Growth Est. % | 25.0 |
| Net income $ Million | 286.9 |
| Net Income Growth $ Million | (1-yr.) 149
(3-yr.) 57.0 |
| Net Margin %* | 6.2 |
| Return on Inv. Capital (%)* | 5.7 |
| Share Price 12-Mo. Hi/Lo | 78/39 |
| P/E Ratio | 34 |
| Industry | Energy |
| CORPORATE WEB SITE | |
