UPDATE 2-National Oilwell 2nd-qtr profit soars, tops view

(Reuters) - HOUSTON, July 25 - National Oilwell Varco Inc.
said on Wednesday its second-quarter profit more than
doubled, well surpassing Wall Street estimates, as high energy
prices sparked strong demand for its oil and natural gas
drilling equipment.




Shares of the Houston-based company were up 5 percent, or
$5.66, to $117.99 in early trade on the New York Stock
Exchange.


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