Added some more at $11.25. I suspect the selloff is based on some short term nonsense. I look at 12 - 24 month time range and the fact that NOV generated $380 billion in operating cash flow in the worst quarter ever for the oil industry. You will easily see double from these levels if you just have patience and look at the longer term.
b
I am looking forward to when the pendulum swings back to normalcy here in America, when the police are told to "do whatever you need to do", and BLM and Antifa are relegated to the dustbin of history. #Nov 3rd #Trump2020
S
chapter 11 on the horizon
S
Even during the most horrendous quarter for the oil industry, NOV generated $380 in operating cash flow! That bodes very well for the future when the industry recovers. NOV is on my list of stocks that will double within 1 -2 years. I recommended it when it was trading at $12. Additional potential doubles: HP, BP, PBF (the latter I recommended a smaller than average position because of its leverage and higher risk).
J
In the call, outlook for 3rd and 4th Q to decline. Hence the drop!
J
Let's hope no news is good news, something must of been said on the call, I wasn't listening. Anybody that was please reply!
S
Cowen raises price target to $16.
Y
National Oilwell Varco is down 10.47% to 11.63
Y
National Oilwell Varco is down 8.41% to 10.75
6
Tick tock tick tock....BK is inevitable
w
Starting to peruse nov. If,when, and doubtful, however, and After first tranche, will post. prematurity will slap you here. belief that usual comments here may bear fruit, is nonsense.
J
I made a ton of money buying NOV over the years, so when the price dropped I told my younger brother to buy it. That was at 42, he does bring that loss up a lot at family gatherings. Sorry bro.
b
Management change needed urgently! I have spent years analyzing companies and can tell you with certainty that NOV's cost structure is way out of whack. the stock is at a multi-year low yet management shows no urgency to implement the hard changes that need to be taken. The board of directors needs to do its job and fire top management and replace them with guys who are filled with bs! Urgency needs to be shown yesterday, yet we keep getting a bunch of nothing! If the board of directors cannot act quickly on this, then we need to replace the board of directors. It's that simple. this used to be a viable company, but not anymore. With facility consolidation and a 20% headcount reduction, we can bring the cost structure back in line and return this company to meaningful profitability. I understand that the market is a bit soft for their products right now but that notwithstanding, this company should be consistently profitable. Management is getting fat and happy on our dime. Time to throw them out!
b
the stock is at a decade low and yet Clay Williams got paid $13.8 million last year. anyone have a problem with that? punch up a long term chart and see if you can come to grips with the shareholder destruction that has occurred while this management team has been at the helm.
w
this guy "sandor" is fetching you thin heads to earn replies. he has more than one account, and follows the same tactic. reply to him for stuff and giggles only. he will not evidence his holds or even an account. probably buys fractionalized shares of tesla.
C
Please sell the company, make an aquisition, or raise the dividend. I'm officially sick of being a bag holder.
A
I am not sure how much value this management team is willing to lose without the board of director doing something about it. They are sure not working for investors. Too bad....
C
Another 52 week low. Fire management, it sell the company. No shareholder value
D
Sometimes I think that I will never get out of this one. Been stuck with it tons higher. If I ever break even I will be thrilled.
A
The management needs to cut cost or this stock will stay at this price for years to come! If they cut cost the stock would be much higher at this point in the cycle.
#Nov 3rd
#Trump2020