National Oilwell Varco (NYSE:NOV) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.04) by 150 percent. This is a 65.52 percent increase over losses of $(0.29) per share from the same period last year. The company reported quarterly sales of $1.52 billion which beat the analyst consensus estimate of $1.46 billion by 3.90 percent. This is a 14.32 percent increase over sales of $1.33 billion the same period last year.