National Oilwell Varco Inc (NYSE:NOV)

CAPS Rating: 5 out of 5

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.


Player Avatar johnstrobel (63.55) Submitted: 10/28/2012 10:22:30 AM : Outperform Start Price: $45.49 NOV Score: +1.29

Price has recently been beaten down despite increasing earnings, low P/E, and good valuation (GN 1.02). I'm adding to my current position. I believe domestic oil production will continue to rise despite concerns about restrictions on fracking.

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