Analyzing National Oilwell Varco’s 1Q18 Performance
From 1Q17 to 1Q18, National Oilwell Varco’s (NOV) Wellbore Technologies segment’s revenue jumped 28%, the highest revenue rise among NOV’s operating segments in 1Q18. Its Rig Technologies segment, on the other hand, witnessed a 17% year-over-year revenue fall in 1Q18.