UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
April 5, 2005
Date of Report (Date of earliest event reported)
NATIONAL OILWELL VARCO, INC.
| Delaware (State or other jurisdiction of incorporation) |
1-12317 (Commission File Number) |
76-0475815 (IRS Employer Identification No.) |
| 10000 Richmond Avenue Houston, Texas (Address of principal executive offices) |
77042 (Zip Code) |
Registrant’s telephone number, including area code: 713-346-7500
N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01. Regulation FD Disclosure.
On Tuesday, April 5, 2005, National Oilwell Varco Inc.’s President and Chief Executive Officer, Merrill A. Miller, Jr., will participate in the 33rd Annual Howard Weil Energy Conference in New Orleans, Louisiana.
A copy of the National Oilwell Varco slides to be presented at this conference is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
| (a) | Financial Statements of Businesses Acquired | |||
| Not applicable. | ||||
| (b) | Pro Forma Financial Information | |||
| Not applicable. | ||||
| (c) | Exhibits. | |||
| 99.1 | National Oilwell Varco Inc. slides to be presented at the 33rd Annual Howard Weil Energy Conference in New Orleans, Louisiana on April 5, 2005. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 5, 2005 | NATIONAL OILWELL VARCO, INC. |
|||
| /s/ M. Gay Mather | ||||
| M. Gay Mather | ||||
| Vice President and Secretary | ||||
INDEX TO EXHIBITS
| Exhibit No | Description | |||
| 99.1 | National Oilwell Varco Inc. slides to be presented at the 33rd Annual Howard Weil Energy
Conference in New Orleans, Louisiana on April 5, 2005. |
|||
| HOWARD WEIL April 5, 2005 |
| Forward-Looking Statements Statements made in the course of this presentation that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time-to- time in the Company's filings with the U.S. Securities and Exchange Commission. Any decision regarding the Company or its securities should be made upon careful consideration of not only the information here presented, but also other available information, including the information filed by the Company with the SEC. Copies of these filings may be obtained by contacting the Company or the SEC. |
| The Combined Company Market Cap - $8 Billion Revenues - $4 Billion 18,000 Employees S&P 500 |
| Revenue Breakdown Rig Technology Group Petroleum Services & Supplies Distribution Services 0.43 0.35 0.22 |
| Utilization U.S. Land Rigs Supply Demand Utilization 1955 2996 2480 0.828 1956 3025 2618 0.865 1957 2793 2287 0.819 1958 2715 1745 0.643 1959 2811 2277 0.81 1960 2837 1982 0.699 1961 2535 1886 0.744 1962 2300 1652 0.718 1963 2514 1810 0.72 1964 2479 1845 0.744 1965 2343 1733 0.74 1966 2259 1534 0.679 1967 2114 1381 0.653 1968 1825 1304 0.714 1969 1827 1462 0.8 1970 1662 1166 0.701 1971 1592 1120 0.704 1972 1551 1211 0.781 1973 1570 1309 0.834 1974 1715 1602 0.934 1975 1839 1702 0.926 1976 1964 1764 0.898 1977 2186 2113 0.967 1978 2524 2466 0.977 1979 2802 2531 0.903 1980 3255 3140 0.965 1981 4316 4226 0.979 1982 5139 2936 0.571 1983 4832 2327 0.482 1984 4102 2768 0.675 1985 3940 2346 0.595 1986 3573 941 0.263 1987 2956 1232 0.417 1988 2429 1289 0.531 1989 2249 1242 0.552 1990 2061 1472 0.714 1991 2006 1306 0.651 1992 1809 1089 0.602 1993 1660 1120 0.675 1994 1613 1049 0.65 1995 1500 1047 0.698 1996 1425 1071 0.752 1997 1428 1235 0.865 1998 1449 1092 0.754 1999 1384 699 0.505 2000 1370 1006 0.734 2001 1452 1350 0.93 2003 1488 1160 0.78 2004 1736 1458 0.84 |
| Strategic Execution IPO |
| Strategic Execution IPO Ross Hill |
| Strategic Execution IPO Ross Hill Dreco |
| Strategic Execution IPO Ross Hill Dreco Harrisburg |
| Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco |
| Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco IRI (Bowen) Hitec |
| Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco IRI (Bowen) Hitec Hydralift |
| Strategic Execution IPO Ross Hill Dreco Harrisburg Continental Emsco IRI (Bowen) Hitec Hydralift Varco |
| New Build Economic Potential Jackup (300' WD) |
| Driller's Cabin - Then |
| Driller's Cabin - Now |
| Driller's Cabin - Now |
| Pipe Handler |
| Vertical Riser Handling |
| Casing Running Tool |
| Hex Mud Pump |
| Continuous Circulation System |
| NXT Blowout Preventer |
| IDEAL(tm) Rig |
| Slips & Iron Roughneck |
| Well Servicing Rigs |
| Coiled Tubing |
| Downhole Drilling Motor |
| Tubular Services Riser Inspection Tool Linalog Combo In-Line Inspection Tool TCS Titanium Hardbanding Drilling Services Electronic Driller VSM Ultra shaker Rigsense Technology Investments |
| Direct Integration |
| HOWARD WEIL April 5, 2005 |