National Oilwell Varco, Inc. Announces Recast of New Reporting Segments

  National Oilwell Varco, Inc. Announces Recast of New Reporting Segments

Business Wire

HOUSTON -- June 10, 2014

National Oilwell Varco, Inc. (NYSE: NOV) today announced that it has filed a
Form 8-K with the Securities and Exchange Commission to present certain
historical financial information related to its four new reporting segments.

National Oilwell Varco is a worldwide leader in the design, manufacture and
sale of equipment and components used in oil and gas drilling and production
operations, and the provision of oilfield services to the upstream oil and gas
industry.

Statements made in this press release that are forward-looking in nature are
intended to be “forward-looking statements” within the meaning of Section 21E
of the Securities Exchange Act of 1934 and may involve risks and
uncertainties. These statements may differ materially from the actual future
events or results. Readers are referred to documents filed by National Oilwell
Varco with the Securities and Exchange Commission, including the Annual Report
on Form 10-K, which identify significant risk factors which could cause actual
results to differ from those contained in the forward-looking statements.

Contact:

National Oilwell Varco, Inc.
Jeremy Thigpen, 713-346-7301
 
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