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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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Avatar EmmyKaye (78.46) Submitted: 2/21/07 6:10 PM : Outperform Start Price: $33.80 NOV Score: 0.06

With the average age of drilling rigs approaching 25 years, they are ready for the scrap heap and NOV stands to benefit from the replacement cycle no matter what happens to the price of oil in the near term.

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