{"id":404134,"date":"2020-12-21T18:03:13","date_gmt":"2020-12-21T23:03:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404134"},"modified":"2020-12-21T18:03:13","modified_gmt":"2020-12-21T23:03:13","slug":"national-oilwell-varco-announces-plan-to-adopt-new-corporate-name-nov-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/national-oilwell-varco-announces-plan-to-adopt-new-corporate-name-nov-inc\/","title":{"rendered":"National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNational Oilwell Varco, Inc. (the \u201cCompany\u201d) (NYSE: NOV) announced today plans to change its corporate name to \u201cNOV Inc.\u201d, effective January 1, 2021. The Company\u2019s ticker symbol, \u201cNOV\u201d, will remain unchanged.\n<\/p>\n<p>\n\u201cOur Company has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield. We are committed to continuously improving the drilling and production operations of our customers,\u201d stated Clay Williams, Chairman, President and CEO. \u201cAs the world looks to expand its energy portfolio to lower-carbon sources, we find our core engineering, manufacturing and project management expertise is providing new and exciting opportunities within this transition. The corporate name change reflects the Company\u2019s broadening mission within energy to continue to drive economic efficiency and safety, as we have done for decades within traditional oil and gas.\u201d\n<\/p>\n<p><b>About NOV<\/b><\/p>\n<p>\nNOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV\u2019s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.\n<\/p>\n<p>\nVisit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nov.com&amp;esheet=52352165&amp;newsitemid=20201221005646&amp;lan=en-US&amp;anchor=www.nov.com&amp;index=1&amp;md5=7ba03e653a2a3f11d5633e8f0d0cd5d1\">www.nov.com<\/a> for more information.\n<\/p>\n<p><b>Cautionary Statement for the Purpose of the \u201cSafe Harbor\u201d Provisions of the Private Securities Litigation Reform Act of 1995<\/b><\/p>\n<p>\nStatements made in this press release that are forward-looking in nature are intended to be \u201cforward-looking statements\u201d 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.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201221005646r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201221005646\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201221005646\/en\/<\/a><\/span><\/p>\n<p>\nBlake McCarthy<br \/>\n<br \/>Vice President, Corporate Development and Investor Relations<br \/>\n<br \/>(713) 815-3535<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Blake.McCarthy@nov.com\">Blake.McCarthy@nov.com <\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201221005646\/en\/439717\/3\/NOV_Logo_RGB_F.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019 HOUSTON&#8211;(BUSINESS WIRE)&#8211; National Oilwell Varco, Inc. (the \u201cCompany\u201d) (NYSE: NOV) announced today plans to change its corporate name to \u201cNOV Inc.\u201d, effective January 1, 2021. The Company\u2019s ticker symbol, \u201cNOV\u201d, will remain unchanged. \u201cOur Company has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield. We are committed to continuously improving the drilling and production operations of our customers,\u201d stated Clay Williams, Chairman, President and CEO. \u201cAs the world looks to expand its energy portfolio to lower-carbon sources, we find our core engineering, manufacturing and project management expertise is providing new and exciting opportunities within this transition. The corporate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/national-oilwell-varco-announces-plan-to-adopt-new-corporate-name-nov-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404134","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/national-oilwell-varco-announces-plan-to-adopt-new-corporate-name-nov-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"National Oilwell Varco Announces Plan to Adopt New Corporate Name \u2018NOV Inc.\u2019 HOUSTON&#8211;(BUSINESS WIRE)&#8211; National Oilwell Varco, Inc. (the \u201cCompany\u201d) (NYSE: NOV) announced today plans to change its corporate name to \u201cNOV Inc.\u201d, effective January 1, 2021. The Company\u2019s ticker symbol, \u201cNOV\u201d, will remain unchanged. \u201cOur Company has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield. We are committed to continuously improving the drilling and production operations of our customers,\u201d stated Clay Williams, Chairman, President and CEO. \u201cAs the world looks to expand its energy portfolio to lower-carbon sources, we find our core engineering, manufacturing and project management expertise is providing new and exciting opportunities within this transition. 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(the \u201cCompany\u201d) (NYSE: NOV) announced today plans to change its corporate name to \u201cNOV Inc.\u201d, effective January 1, 2021. The Company\u2019s ticker symbol, \u201cNOV\u201d, will remain unchanged. \u201cOur Company has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield. We are committed to continuously improving the drilling and production operations of our customers,\u201d stated Clay Williams, Chairman, President and CEO. \u201cAs the world looks to expand its energy portfolio to lower-carbon sources, we find our core engineering, manufacturing and project management expertise is providing new and exciting opportunities within this transition. 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