National Oilwell Varco's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Agriculture, Construction & Mining Machinery Manufacturing industry.
Note: National Oilwell Varco's revenues are gauged from an analysis of company filings.
Trademark applications show the products and services that National Oilwell Varco is developing and marketing.
National Oilwell Varco's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets.
Trademarks may include brand names, product names, logos and slogans.
ION+ Drilling tools namely drill bits and PDC cutter elements for drill bits
LET'S MAKE IT HERE Downloadable software in the nature of a mobile application that uses artificial intelligence for analyzing and training machines to learn and to improve manufacturing efficiency
MAX TRAC Downloadable mobile application for asset tracking used to log and view current and historical information on registered assets, including attributes and specifications, service history, usage, and location, and to create comprehensive asset histories detailing an asset's life from manufacture to retirement, in the field of oil and gas
Determine whether National Oilwell Varco grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof National Oilwell Varco is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
Market Share of National Oilwell Varco's Largest Competitors
A competitive analysis shows these companies are in the same general field as National Oilwell Varco, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to National Oilwell Varco.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: National Oilwell Varco's Fastest Growing Competitors
These companies are in the same general field as National Oilwell Varco and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.