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National Oilwell Varco Declares Regular Quarterly Dividend

 May 19, 2016 - 6:45 AM EDT

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National Oilwell Varco Declares Regular Quarterly Dividend

National Oilwell Varco, Inc. (NYSE: NOV) today announced that its Board
of Directors declared the regular quarterly cash dividend of $0.05 per
share of common stock, payable on June 24, 2016 to each stockholder of
record on June 10, 2016.

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.

National Oilwell Varco, Inc.
Loren Singletary, (713)
346-7807

Source: Business Wire
(May 19, 2016 - 6:45 AM EDT)

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