National Oilwell Varco equipment orders rise, loss narrows
HOUSTON, Feb 6 (Reuters) - National Oilwell Varco
said on Tuesday oilfield equipment orders rose to their highest
in over two years last quarter as rising crude prices spurred
U.S. drilling activity, helping to narrow the company's loss for
BRIEF-National Oilwell Varco Q4 Shr Loss $0.04
National Oilwell Varco Inc(NOV): * NATIONAL OILWELL VARCO REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS. * Q4 REVENUE ROSE 16 PERCENT TO $1.97 BILLION. * Q4 LOSS PER SHARE $0.04. * SAYS BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR COMPLETION & PRODUCTION SOLUTIONS AT DECEMBER 31, 2017 WAS $1.07 BILLION. * SAYS BACKLOG FOR CAPITAL EQUIPMENT ORDERS FOR RIG SYSTEMS AT DECEMBER 31, 2017 WAS $1.89 BILLION.