Profit decreased 47.4 percent in the first quarter.
Latest In National Oilwell Varco
Company's sales up 7.7 percent in fourth quarter.
Year to date, sales at National Oilwell Varco up 13.9 percent.
NOW Inc. will trade on the NYSE under the ticker DNOW.
NOV splits financial reporting segments into four groups.
Clay Williams has been president and CEO at NOV since December 2012.