National Oilwell Varco Inc http://www.alacrastore.com/company-snapshot/National_Oilwell_Varco_Inc-1011814 08 Nov 2009 06:42:27 EST 1011814 National Oilwell Varco Inc en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/B2433029B2433029ccbn/B2433029norm26 Oct 2009 01:06:00 EST2433029Edited Brief of NOV earnings conference call or presentation, 26-Oct-09 9:00am CTNational Oilwell Varco106.0000EditedNational Oilwell Varco Q3 2009 Earnings Conference Call SummaryNOV9:00am CT...Marshall Atkins Raymond James - Analyst Jeff Herbert Weedon - Analyst Robin Shoemaker Citigroup - Analyst Bill Herbert Simmons & Company - Analyst... BriefCredit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2433029T2433029ccbn/T2433029norm26 Oct 2009 12:06:00 EST2433029Final Transcript of NOV earnings conference call or presentation, 26-Oct-09 9:00am CTNational Oilwell Varco106.0000FinalNational Oilwell Varco Q3 2009 Earnings Conference Call TranscriptNOV9:00am CTTranscript...Marshall Atkins Raymond James - Analyst Jeff Herbert Weedon - Analyst Robin Shoemaker Citigroup - Analyst Bill Herbert Simmons & Company - Analyst... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/bir/560328560328bir/560328norm17National Oilwell Varco Inc.Maritime Hydraulics Ltd.Integrated Power System Corp.National OilwellCardwell International Ltd.Cooper Manufactering Corp.Cooper Div.National Oilwell Inc.Wheatley Gaso OperationsRoss Hill ControlsDrexel Oil Field Services, Inc.Chimo Equipment Ltd.Tuboscope Vetco International Inc.Tuboscope Inc.Albin's Enterprises Inc.Varco International Inc.Grant Prideco Inc.Tube-Alloy Corp.Tube-Alloy Capital Corp.Continental Emsco Company Inc.United States22 Oct 2009 06:20:00 ESTFounded in 1862, National Oilwell Varco incorporated in Delaware and went public on the New York Stock Exchange in 1995. National Oilwell makes, distributes and services oil and gas drilling equipment for land and offshore drilling rigs. Its mechanical coNYSE333132M3533INOVFounded in 1862, National Oilwell Varco incorporated in Delaware and went public on the New York Stock Exchange in 1995. National Oilwell makes, distributes and services oil and gas drilling equipment for land and offshore drilling rigs. Its mechanical coCompany Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/newstex/BW-0001-38337190BW-0001-38337190newstex/BW-0001-38337190xmlNewstex Inc.2005National Oilwell Varco and SchlumbergerNewstex Inc.newstex.comnewstexBW-0001-38337190Business Wire0001Business WireBW1Newstex Inc.Business Wire0400000004016000040160130400500004005012040110000401100606000000060010000600100228 Sep 2009 09:40:07 EST18000000180150001802200018016000190020079/28/2009 Sep. ##, #### (Business Wire) -- National Oilwell Varco (NYSE:NOV) and Schlumberger Limited (NYSE:SLB) announced today the creation of a joint venture to provide high-speed drill string telemetry systems to improve the efficiency and...ACTUATE CORPNATIONAL OILWELL VARCO INCSCHLUMBERGER LTDANDREW GOULDACTUNOVSLBNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/BW-0001-37833413BW-0001-37833413newstex/BW-0001-37833413xmlNewstex Inc.2005National Oilwell Varco, Inc.Newstex Inc.newstex.comnewstexBW-0001-37833413Business Wire0001Business WireBW1Newstex Inc.Business Wire0400000004016000040160180401600104016048040110000401100609 Sep 2009 10:24:02 EST1800000018004000180080009/9/2009 Sep. #, #### (Business Wire) -- National Oilwell Varco, Inc. (NYSE: NOV) has scheduled a conference call to discuss the third quarter results of #### on Monday, October ##, #### at #:## a.m. Central Time. Financial results for the...NATIONAL OILWELL VARCO INCNOVNewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/B2280690B2280690ccbn/B2280690norm28 Jul 2009 02:07:00 EST2280690Edited Brief of NOV earnings conference call or presentation, 28-Jul-09 9:00am CTNational Oilwell Varco54.0000EditedNational Oilwell Varco Q2 2009 Earnings Conference Call SummaryNOV9:00am CTBrief...Loren Singletary National Oilwell Varco - VP, Global Accounts, IR Pete Miller National Oilwell Varco - Chairman, President, CEO Clay Williams National Oilwell Varco - SVP, CFO CONFERENCE CALL PARTICIPANTS... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2280690T2280690ccbn/T2280690norm28 Jul 2009 12:07:00 EST2280690Final Transcript of NOV earnings conference call or presentation, 28-Jul-09 9:00am CTNational Oilwell Varco54.0000FinalNational Oilwell Varco Q2 2009 Earnings Conference Call TranscriptNOV9:00am CTTranscript...Loren Singletary National Oilwell Varco - VP, Global Accounts, IR Pete Miller National Oilwell Varco - Chairman, President, CEO Clay Williams National Oilwell Varco - SVP, CFO C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/299901299901spcred/299901normglobalstructured28 Apr 2009 03:24:44 EST100NewsThe latest News from S&PUnited StatesMetals & MiningEnergyStructured FinanceCollateralized Debt ObligationsCorporationsUtilitiesGlobal IssuersGasCapital GoodsNewsUSA637071National Oilwell Inc.324177USANOINEWSUSA40621640621P40621R10101020 101010 1010 10Halliburton Co.101048HALGLOBISSSTRUCCORPUTILCDOCapitalEnergyGasMetalsUSALATAMERICAEUROMIDAFREMERGINGASIA40621SUnited StatesCredit & Investment ResearchS&P Credit ResearchNETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSON Ltd.10 Apr 2009 07:48:33 EST63707104431Y63707104431YNational Oilwell Varco IncASEP Holding BVNational Oilwell Varco IncASEP Holding BVhttp://www.alacrastore.com/storecontent/Thomson_M%26A/National_Oilwell_Varco_Inc_acquires_ASEP_Holding_BV-2064578040sdc/20645780402064578040Copyright © 2009, Thomson Financial, All Rights ReservedNew YorkMachineryUnited StatesOil and gas field machinery and equipment3533TXTexasPublicNOV1389:Oil and gas field services, nec3533:Oil and gas field machinery and equipment5084:Industrial machinery and equipment1389:Oil and gas field services, nec3533:Oil and gas field machinery and equipment5084:Industrial machinery and equipmentMachineryNetherlandsHoists,cranes,monorail systems3536FFForeignPrivate190237003Mnfr,whl gas drilling equipMnfr well service equipUnspecifiedAssets1077809001Apr 10 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.0000039.0000040.0000041.00000National Oilwell Varco Inc,located in Houston, Texas,manufactures, designs andwholesales oil and gasdrilling and productionequipment. It operates inthree segments: RigTechnology, Petroleum Services& Supplies, and DistributionServices. The Rig Technologysegment produces and sellssystems for the drilling,completion, and servicing ofoil and gas wells. It providesequipment that automates wellconstruction and managementoperations, such as offshoreand onshore drilling rigs;derricks; pipe lifting,racking, rotating, andassembly systems; coiledtubing equipment and pressurepumping units; well workoverrigs; wireline winches; andcranes. The Petroleum Services& Supplies segment offersvarious consumable goods andservices used to drill,complete, remediate, andworkover oil and gas wells andservice pipelines, flowlines,and other oilfield tubulargoods. The DistributionServices segment offersmaintenance, support, repair,and operating supplies; andspare parts to drill site andproduction locations. Thecompany was founded in 1862and is publicly traded in theNew York Stock Exchange.National Oilwell Varco Inc, located in Houston, Texas,manufactures, designs and wholesales oil and gas drillingand production equipment. It operates in three segments: RigTechnology, Petroleum Services & Supplies, and DistributionServices. The Rig Technology segment produces and sellssystems for the drilling, completion, and servicing of oiland gas wells. It provides equipment that automates wellconstruction and management operations, such as offshore andonshore drilling rigs; derricks; pipe lifting, racking,rotating, and assembly systems; coiled tubing equipment andpressure pumping units; well workover rigs; wirelinewinches; and cranes. The Petroleum Services & Suppliessegment offers various consumable goods and services used todrill, complete, remediate, and workover oil and gas wellsand service pipelines, flowlines, and other oilfield tubulargoods. The Distribution Services segment offers maintenance,support, repair, and operating supplies; and spare parts todrill site and production locations. The company was foundedin 1862 and is publicly traded in the New York StockExchange.National Oilwell Varco Inc, located in Houston, Texas, manufactures, designs and wholesales oil and gas drilling and production equipment. It operates in three segments: Rig Technology, Petroleum Services & Supplies, and Distribution Services. The Rig Technology segment produces and sells systems for the drilling, completion, and servicing of oil and gas wells. It provides equipment that automates well construction and management operations, such as offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; coiled tubing equipment and pressure pumping units; well workover rigs; wireline winches; and cranes. The Petroleum Services & Supplies segment offers various consumable goods and services used to drill, complete, remediate, and workover oil and gas wells and service pipelines, flowlines, and other oilfield tubular goods. The Distribution Services segment offers maintenance, support, repair, and operating supplies; and spare parts to drill site and production locations. The company was founded in 1862 and is publicly traded in the New York Stock Exchange.1.000002.000003.000004.000005.000006.000007.000008.000009.00000ASEP Holding BV, located inGroot-Ammers, Netherlands,manufactures well serviceequipment such as wirelineunits, cranes, coiled tubingequipment, pressure controlproducts and automationproducts. The company wasfounded in 1981.ASEP Holding BV, located in Groot-Ammers, Netherlands,manufactures well service equipment such as wireline units,cranes, coiled tubing equipment, pressure control productsand automation products. The company was founded in 1981.ASEP Holding BV, located in Groot-Ammers, Netherlands, manufactures well service equipment such as wireline units, cranes, coiled tubing equipment, pressure control products and automation products. The company was founded in 1981.0.000000.000000.000000.00000Y08 Apr 09Wed, 08 Apr 2009 00:00:00 ESTDate Announced: 04/08/200908 Apr 09Date Effective: 04/08/200908 Apr 09Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.0000011753.280000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000NETHERLANDS - NationalOilwell Varco Inc (NO) of theUS acquired ASEP Holding BV,a Groot-Ammers-basedmanufacturer of well serviceequipment. Concurrently, NOacquired ANSON Ltd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSON Ltd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, aGroot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSONLtd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSON Ltd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well serviceequipment. Concurrently, NO acquired ANSON Ltd.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003492:Fluid power valves and hose fittings3536:Hoists,cranes,monorail systems190237003New YorkUnited States3533TexasPublicNOV3492:Fluid power valves and hose fittings3536:Hoists,cranes,monorail systems1077809001Netherlands3536ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsNETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSON Ltd.10 Apr 2009 07:48:33 EST63707103652J63707103652JNational Oilwell Varco IncANSON LtdNational Oilwell Varco IncANSON Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/National_Oilwell_Varco_Inc_acquires_ANSON_Ltd-2064581040sdc/20645810402064581040Copyright © 2009, Thomson Financial, All Rights ReservedNew YorkMachineryUnited StatesOil and gas field machinery and equipment3533TXTexasPublicNOV1389:Oil and gas field services, nec3533:Oil and gas field machinery and equipment5084:Industrial machinery and equipment1389:Oil and gas field services, nec3533:Oil and gas field machinery and equipment5084:Industrial machinery and equipmentMetal and Metal ProductsUnited KingdomIndustrial valves3491FFForeignPrivate190237003Mnfr,whl gas drilling equipMnfr flowline equipUnspecifiedAssets1077806001Apr 10 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.0000039.0000040.0000041.00000National Oilwell Varco Inc,located in Houston, Texas,manufactures, designs andwholesales oil and gasdrilling and productionequipment. It operates inthree segments: RigTechnology, Petroleum Services& Supplies, and DistributionServices. The Rig Technologysegment produces and sellssystems for the drilling,completion, and servicing ofoil and gas wells. It providesequipment that automates wellconstruction and managementoperations, such as offshoreand onshore drilling rigs;derricks; pipe lifting,racking, rotating, andassembly systems; coiledtubing equipment and pressurepumping units; well workoverrigs; wireline winches; andcranes. The Petroleum Services& Supplies segment offersvarious consumable goods andservices used to drill,complete, remediate, andworkover oil and gas wells andservice pipelines, flowlines,and other oilfield tubulargoods. The DistributionServices segment offersmaintenance, support, repair,and operating supplies; andspare parts to drill site andproduction locations. Thecompany was founded in 1862and is publicly traded in theNew York Stock Exchange.National Oilwell Varco Inc, located in Houston, Texas,manufactures, designs and wholesales oil and gas drillingand production equipment. It operates in three segments: RigTechnology, Petroleum Services & Supplies, and DistributionServices. The Rig Technology segment produces and sellssystems for the drilling, completion, and servicing of oiland gas wells. It provides equipment that automates wellconstruction and management operations, such as offshore andonshore drilling rigs; derricks; pipe lifting, racking,rotating, and assembly systems; coiled tubing equipment andpressure pumping units; well workover rigs; wirelinewinches; and cranes. The Petroleum Services & Suppliessegment offers various consumable goods and services used todrill, complete, remediate, and workover oil and gas wellsand service pipelines, flowlines, and other oilfield tubulargoods. The Distribution Services segment offers maintenance,support, repair, and operating supplies; and spare parts todrill site and production locations. The company was foundedin 1862 and is publicly traded in the New York StockExchange.National Oilwell Varco Inc, located in Houston, Texas, manufactures, designs and wholesales oil and gas drilling and production equipment. It operates in three segments: Rig Technology, Petroleum Services & Supplies, and Distribution Services. The Rig Technology segment produces and sells systems for the drilling, completion, and servicing of oil and gas wells. It provides equipment that automates well construction and management operations, such as offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; coiled tubing equipment and pressure pumping units; well workover rigs; wireline winches; and cranes. The Petroleum Services & Supplies segment offers various consumable goods and services used to drill, complete, remediate, and workover oil and gas wells and service pipelines, flowlines, and other oilfield tubular goods. The Distribution Services segment offers maintenance, support, repair, and operating supplies; and spare parts to drill site and production locations. The company was founded in 1862 and is publicly traded in the New York Stock Exchange.1.000002.000003.000004.000005.000006.000007.00000ANSON Ltd, located in Tyne &Wear, UK, manufacturesflowline equipment includingvalves, manifolds, swiveljoints, hammer lug unions andwellheads for use in theexploration of oil and gas.ANSON Ltd, located in Tyne & Wear, UK, manufactures flowlineequipment including valves, manifolds, swivel joints, hammerlug unions and wellheads for use in the exploration of oiland gas.ANSON Ltd, located in Tyne & Wear, UK, manufactures flowline equipment including valves, manifolds, swivel joints, hammer lug unions and wellheads for use in the exploration of oil and gas.0.000000.000000.000000.00000Y08 Apr 09Wed, 08 Apr 2009 00:00:00 ESTDate Announced: 04/08/200908 Apr 09Date Effective: 04/08/200908 Apr 09Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000NETHERLANDS - NationalOilwell Varco Inc (NO) of theUS acquired ASEP Holding BV,a Groot-Ammers-basedmanufacturer of well serviceequipment. Concurrently, NOacquired ANSON Ltd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSON Ltd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, aGroot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSONLtd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well service equipment. Concurrently, NO acquired ANSON Ltd.NETHERLANDS - National Oilwell Varco Inc (NO) of the US acquired ASEP Holding BV, a Groot-Ammers-based manufacturer of well serviceequipment. Concurrently, NO acquired ANSON Ltd.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003491:Industrial valves3498:Fabricated pipe and pipe fittings3568:Mechanical power transmission equipment, nec190237003New YorkUnited States3533TexasPublicNOV3491:Industrial valves3498:Fabricated pipe and pipe fittings3568:Mechanical power transmission equipment, nec1077806001United Kingdom3491ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/moodys/COP_600043281moodys/COP_600043281htmlCOP_600043281Global Credit Research Credit Opinion ## MAR #### Credit Opinion: National Oilwell Varco, Inc. National Oilwell Varco, Inc. Houston, Texas, United States Ratings Category Moody's Rating Outlook Stable Senior Unsecured A# Varco International...12 Mar 2009 04:37:16 ESThtmlNational Oilwell Varco, Inc.National Oilwell Varco, Inc.600043281150.0000NewsCredit OpinionCredit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/430659spcred/430659normThe latest Summary from S&Pglobal30 Jan 2009 02:46:58 EST175SummaryUnited StatesUnited StatesGlobal IssuersCorporationsUtilitiesCapital GoodsEnergySummaryThe ratings on Houston, Texas-based National Oilwell Inc. reflect its solid business position in the oilfield services sector (specifically drilling rigs) and moderate debt leverage. These factors offset risks associated with an acquisitive growth strategy and exposure to the intensely competitive and cyclical oilfield services industry. The company has about $570 million of debt. National Oilwell is a leading international oilfield services company that manufactures, assembles, and installs major mechanical components in offshore and deep-land drilling rigs and operates a large network of service centers. Demand for the company's products and services is driven by upstream capital spending, which largely reflects petroleum price expectations. National Oilwell competes with a number of larger oilfield service companies offering a wider range ofUSA637071National Oilwell Inc.324177USANOISUMMARYUSA63707192212210101020 101010 1010 10National Oilwell Varco Inc.126326USANOVGLOBISSCORPUTILCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/415965spcred/415965normThe latest Full Report from S&Pglobal30 Jan 2009 02:46:57 EST400Full ReportUnited StatesUnited StatesGlobal IssuersCorporationsUtilitiesCapital GoodsEnergyFull ReportBroad product diversification, Distribution services business not as cyclical as the products business, and Moderate financial profile. Primary business segments subject to cyclical overcapacity, volatile upstream demand, and margin pressure, Product cash flows are exposed to new rig construction and rig equipment upgrading (particularly offshore rigs and deep land rigs) activities, which can materially lag commodity price recovery, and Integration challenges associated with the pending merger with Varco International Inc. The ratings on Houston, Texas-based National Oilwell Co. reflect its solid business position in the oilfield services sector (specifically drilling rigs) and moderate debt leverage. These factors offset risks associated with an acquisitive growth strategy and exposure to the intensely competitive and cyclical oilfield services industry. The company has aboutUSA637071National Oilwell Inc.324177USANOIFULLUSA63707192212210101020 101010 1010 10National Oilwell Varco Inc.126326USANOVGLOBISSCORPUTILCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/390195spcred/390195normThe latest Research Update from S&Pglobal30 Jan 2009 02:46:53 EST175Research UpdateUnited StatesUnited StatesGlobal IssuersCorporationsUtilitiesCapital GoodsEnergyResearch UpdateOn Aug. 13, 2004, Standard&Poor's Ratings Services affirmed its 'BBB+' corporate credit rating on National Oilwell Inc. The outlook is negative. The rating affirmation follows the announcement that the company signed a definitive agreement to buy Varco International Inc. for $25.80 per share in common stock and change its name to National Oilwell Varco Inc. Since National Oilwell and Varco are industry leaders in various segments of the oilfield services sector, the transaction faces regulatory review prior to being approved. Management expects the transaction to be completed in four to six months. Standard&Poor's will meet with management and assess the business and financial profile of the new company, National Oilwell Varco, prior to assigning new ratings.USA637071National Oilwell Inc.324177USANOIRESUPDUSA63707192212210101020 101010 1010 10National Oilwell Varco Inc.126326USANOVGLOBISSCORPUTILCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/390194spcred/390194normThe latest News from S&Pglobal30 Jan 2009 02:46:53 EST100NewsUnited StatesUnited StatesGlobal IssuersCorporationsUtilitiesCapital GoodsEnergyNewsNEW YORK (Standard&Poor's) Aug. 13, 2004--Standard&Poor's Ratings Services said today that it affirmed its 'BBB+' corporate credit ratings on National Oilwell Inc. and Varco International Inc. following the announcement that National Oilwell signed a definitive agreement to buy Varco International for $25.80 per share in common stock and change its name to National Oilwell Varco Inc. The outlook on National Oilwell remains negative, and the outlook on Varco International remains stable. Since National Oilwell and Varco are industry leaders in various segments of the oilfield services sector, the transaction faces regulatory review prior to being approved. Management expects the transaction to be completed in four to six months. Standard&Poor's will meet with management andUSA637071National Oilwell Inc.324177USANOINEWSUSA63707192212210101020 101010 1010 10National Oilwell Varco Inc.126326USANOVGLOBISSCORPUTILCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/srp/2444424444srp/24444norm00010218602444463707110106 Oct 2006 12:16:00 ESTNational_Oilwell_Varco_Inc_NOV_Defense_Analytics_Profile.pdfNOV...(#) Percentages are based upon the number of eligible and active companies in the SharkRepellent.net database. For the Poison Pill In Force calculation by index, non-US companies are included. (#) Supermajority vote requirement (e.g., ##.##%, ##%, ##%) for shareholders to amend/repeal at least one charter or bylaw provision. (#) SIC Group is defined as the first two digits of this company's primary SIC code (##: Industrial And Commercial Machinery And Computer Equipment). There are ### eligible and active companies in the SharkRepellent.net database in this SIC group. (#) The FactSet Bullet Proof Rating is a weighted average index comprised of significant components that impact takeover defenses. The rating scale is from # to ## with a ## representing the most formidable defenses. The rating system is a relative measurement and is not intended to measure the probability of a successful defense.... Credit & Investment ResearchSharkRepellent.net