National Oilwell Varco Employee Reviews about "downturn"

Updated Nov 4, 2020

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3.5
67%
Recommend to a Friend
70%
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National Oilwell Varco President and Chief Executive Officer Clay C. Williams (no image)
Clay C. Williams
730 Ratings
Pros
  • "Good benefits and professional atmosphere(in 144 reviews)

  • "Great benefits and great people(in 122 reviews)

  • Cons
  • "Volatility of the oil and gas market(in 70 reviews)

  • "Oil and gas industries are in downturn(in 51 reviews)

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    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Reviews about "downturn"

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    1. 5.0
      Former Employee, less than 1 year

      Great Team

      Nov 4, 2020 - Mechanical Engineer in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The power section division in Houston, TX was a great team with which to work.

      Cons

      Temporary economy downturn and COVID-19 seemed to present a permanent closing.

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    2. 2.0
      Former Employee, more than 5 years

      Business sense

      Mar 25, 2020 - Operation in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Positive industry experiences and knowledge

      Cons

      Business Market fluctuation and downturn

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    3. 5.0
      Current Employee, more than 5 years

      Harder Workers Thrive Here

      Jul 6, 2017 - Human Resources Manager in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      There is so much opportunity at this organization to advance in your career if you are willing to work hard. I've been very lucky to get to be in multiple different positions during my time here, some of which I was not qualified for when I started, but they love to promote from within and took the time to train me up. I would also say that, for the most part, managers tend to be flexible and work with you in regards to your scheduling.

      Cons

      Due to the downturn in O&G, there have been a lot of layoffs and perks that have been suspended for the time being (hopefully they bring these back after we get out of it). They typically pay at mid-market so if making money is your most important career aspiration, this is probably not the place for you.

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      3 people found this review helpful
    4. 4.0
      Current Employee, more than 10 years

      Great place

      May 1, 2018 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Challenging work, great managers, great people, casual work environment

      Cons

      Pay not competetive during downturn in industry. Starting to resume.

      2 people found this review helpful
    5. 4.0
      Current Employee, more than 1 year

      Mud Engineer

      Jun 23, 2016 - Mud Engineer in Oklahoma City, OK
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great company to work for.

      Cons

      Let employees go quickly during downturn.

      1 person found this review helpful
    6. 4.0
      Former Employee, more than 10 years

      Project Manager

      Jul 7, 2016 - Project Manager in Conroe, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Learning about the drilling industry, basic oil and gas, high profile clients, well rounded portfolio, very positive environment (when oil is up)

      Cons

      weak management system which was not really prepared for the downturn in oil, somewhat surprising since everyone knows how cyclical the industry can be

      1 person found this review helpful
    7. 5.0
      Former Employee, more than 8 years

      Applications Engineer

      Aug 13, 2015 - Applications Engineer in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Wonderful company to work for.

      Cons

      No cons what so ever. I only wish the downturn in workforce didn't happen.

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    8. 5.0
      Former Employee, more than 10 years

      NOV IntelliServ is a good place to work but falling on hard times

      Sep 6, 2016 - Director Engineering Development in Provo, UT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Fun leading-edge technology. Good people to work with.

      Cons

      Big company bureaucracy and mentality. Downturn in the Oil industry.

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    9. 5.0
      Current Employee, more than 5 years

      Excellent Company to work for!

      Mar 3, 2018 - Anonymous Employee in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      NOV is a World class company that cares about its employees. Great benefits and management.

      Cons

      Certain positions are prone to layoffs during the downturn in the industry

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    10. 4.0
      Current Employee, more than 3 years

      Great place to work

      Sep 15, 2015 - Mechanical Engineer in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very competitive pay. Good life and work balance

      Cons

      Oil and Gas industry in a downturn, NOV being affected by it. Job security

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