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$19.76 -2.77 (-12.29%)
12/4/2008 4:00 PM

National Oilwell Varco, Inc. (NOV)

CAPS Rating:
*****

The Company is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.

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Recs

6

Avatar assassin1979 (< 20) Submitted: 12/06/06 2:45 PM : Outperform Start Price: $33.51 NOV Score: -1.20

Near monopoly in oil field service equipment, largest backlog in history over $5B, stable to increasing oil prices, expect to beat on the consensus numbers and see 40% upside to share price trading at only 14X next years earnings well below the average of 19-20 over the last 5 years.

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Avatar TDRH (99.99) Submitted: 12/21/06 2:01 PM

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Thought I was reading my own buzz? We may go down in flames together, but I don't think so. Oil companies are paying day rates on rigs while they are in the shipyard. They are making money and need to spend it on upgrading their equipment.

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