National Oilwell Varco

  • The Markets Most Undervalued Oil Service Stocks

    By Rupert Hargreaves - August 14, 2013 | Tickers: CAM, ESV, NOV

    Goldman Sachs recently issued a note to clients, identifying what it believed are the 40 most undervalued stocks on the market at present.

    Three of the most appealing stocks on this list are in the generally undervalued oil & gas drilling and exploration sector.

    Oil & gas drilling and exploration is a sector that will always be in constant demand. Indeed, the sector is extremely strong currently, as of October 2012, there more »

  • 3 Picks from the Oil Field Service Industry

    By Hussain Asghar - August 9, 2013 | Tickers: HAL, NOV, SLB

    The oil and gas equipment and service industry comprises suppliers of equipment for oil and natural gas extraction. These days it’s not easy to obtain oil; according to Barclays global E&P spending update, oil and gas companies will be spending $678 billion in 2013. Recently companies have started boosting oil and gas production through the use of technologically efficient drilling methods, which would lead to an increase in more »

  • Oil and Gas Stocks Are Cheap: Really?!

    By AnnaLisa Kraft - August 8, 2013 | Tickers: HAL, MPC, NOV

    A bass voice solemnly intones, "In a world where defensive stocks are at all time highs, P/Es are stretched to the breaking point, and the best performers are overbought one investment banker has the courage to list 40 cheap stocks."

    Goldman Sachs came out on August 7 with its list of the top 40 cheapest stocks and the ones with the most upside were overwhelmingly oil and gas stocks more »

  • Activism Is Taking Hold in Oil

    By Marshall Hargrave - August 8, 2013 | Tickers: DRQ, NOV, OIS

    After making a big investment in Oil States International (NYSE: OIS) back in May, is activist hedge fund Jana Partners any closer to a breakthrough?  Jana has over a 9% stake in Oil States and believes the company is undervalued. 

    Jana's real thesis? The company needs to separate its accommodations segment from its other divisions and form a Real Estate Investment Trust (REIT) for accommodations.

    Billionaire David Einhorn of more »
  • Want to Invest Like Warren Buffett? It's Easier Than You Think.

    By Adem Tahiri - August 6, 2013 | Tickers: BRK-B, BRK-A, MOAT, NOV

    I recently took a trip to my neighborhood book store and perused the business section. As I went through the stacks of books, I was amazed at the sheer volume of text available on "investing like Warren Buffett."

    Buffett, who has grown his Berkshire Hathaway (NYSE: BRK-B) into an investment empire, is someone all investors should emulate. But is it really that hard to invest like Buffett?

    Buffett seems to more »

  • Temporary Issues For This Energy Stock

    By Timothy Green - August 5, 2013 | Tickers: HAL, NOV, SLB

    For two quarters in a row National Oilwell Varco (NYSE: NOV) has reported a decline in earnings coupled with an increase in revenue. In the second quarter the company posted 18% year-over-year revenue growth and a record backlog of orders, but adjusted EPS declined to $1.33 from $1.46 one year ago. Is this a short-term problem, or should long-term investors be worried?

    A flurry of acquisitions

    National Oilwell more »

  • The Best Investments for the Expanding Oil-Rig Market

    By Rupert Hargreaves - August 5, 2013 | Tickers: CAM, NOV, ORIG, RDC

    Over the next five years, it is expected that there will be a strong demand for deepwater and ultra-deepwater (UDW) rigs, as major oil and gas producers increasingly look towards offshore production in water exceeding depths of 5,000 feet. Despite this being a relatively high-risk area of operation, producers hope that the increased danger will be offset by larger and more lucrative hydrocarbon reserves.

    Indeed, as of October 2012 more »

  • Drilling Remains Strong in the USA

    By Hussain Asghar - August 1, 2013 | Tickers: BHI, HAL, NOV

    The oil and gas equipment and service industry has historically experienced significant volatility due to lower oil and gas prices.

    Demand for oil and gas services and products depends primarily upon the level of activity in the oil and gas industry worldwide. High levels of drilling and well remediation activity generally drive demand for the products and services used to drill and remediate oil and gas wells. 

    High levels of more »

  • Three Cheap Stocks You Can Buy Now

    By Rupert Hargreaves - July 31, 2013 | Tickers: NOV, SAI, WFC

    In this market, it is becoming hard to find companies that are undervalued. In particular, with the market reaching all-times highs, valuations are becoming somewhat distorted and value is becoming more and more hidden.

    However, there is one valuation method that gives a good indication of how the stock is valued compared to the whole market and risk-free bonds, allowing for a more comprehensive evaluation.

    A company's earnings yield more »

  • Invest Like Ken Fisher With These 3 Stocks

    By Adem Tahiri - July 31, 2013 | Tickers: CTB, F, MTW, NOV, GT

    Ken Fisher is a famed investor, and the son of investing icon Philip Fisher. Through his best selling book Super Stocks and his track record at his firm, Fisher Investments, Fisher has established himself as a growth stock authority.

    In his aforementioned book Super Stocks, Mr. Fisher introduced the investing world to a new valuation metric, the price-to-sales ratio. Since the days of Ben Graham investors had happily measured price more »

  • The Top Oilfield-Services Stocks for Your Money

    By Damon Churchwell - July 23, 2013 | Tickers: ESV, HP, NOV, SPN

    This is an overview of five oilfield-services stocks, as chosen by way of the CAPS Community screener as part of the broader energy sector. The parameters chosen were as follows:

    1. Long-term debt-to-equity < 100%

    2. EPS growth rate last three years >0

    3. P/E ratio between 10.0 and 15.0

    The resulting firms were those with healthy balance sheets and a recent history of earnings growth. They are more »

  • Is Halliburton a Good Stock to Buy?

    By Meena Krishnamsetty - July 14, 2013 | Tickers: HAL, NOV, SLB

    Despite a boom in oil and gas activity in the onshore U.S., Halliburton (NYSE: HAL) did not report particularly strong results in the first quarter of 2013. Despite the fact that overall revenue increased somewhat versus a year earlier, costs rose considerably and as a result, after adding back the company’s loss contingencies, we get that pre-tax income decreased by over 30%.

    Cash flow from operations did even more »

  • Billionaire Israel Englander’s Cheap Stock Picks

    By Meena Krishnamsetty - June 28, 2013 | Tickers: LYB, MPC, MDR, NOV, PSX

    While we don’t recommend blindly following hedge fund activity from 13F filings, we do consider these filings potentially useful for many investors. The most popular small cap stocks among hedge funds, as determined by our analysis, generate an average excess return of 18 percentage points per year (learn more about imitating hedge funds' small cap picks).

    We also like to apply traditional stock screens, including the traditional value criteria more »

  • New Stock Plays from First Eagle Investment Management

    By Meena Krishnamsetty - June 27, 2013 | Tickers: BUD, NOV, NSC, QCOM, TGT

    Now that first quarter earnings season has died down, analysts get the opportunity to get a closer look at many hedge funds’ 13F filings, which disclose institutional managers’ positions quarter by quarter. First Eagle Investment Management recently released its 13F outlining its holdings from Q1 2013. We use this information as the basis of our small-cap portfolio strategy, a system that has returned over 38% since we made it public more »

  • National Oilwell Varco: Strong Sell or Top 10 Stock?

    By Brian Shaw - June 26, 2013 | Tickers: BHI, HAL, NOV, SLB

    Five months ago, I laid out the argument for why National Oilwell Varco (NYSE: NOV) is a “Top 10 Stock" for 2013 and beyond. Thus far, this thesis is off to a slow start as shown by National Oilwell Varco’s underperformance to both its peers in the oilfield services industry and the S&P 500:

    NOV Total Return Price data by YCharts

    Just last week, Zacks Equity Research downgraded more »

  • Finding Undervalued Stocks in the S&P 500

    By Rupert Hargreaves - June 26, 2013 | Tickers: BHI, EMN, NOV, DOW

    In the first piece that I wrote on the subject of finding undervalued stocks in the S&P 500 based on low valuations, I initially believed that opportunities would be few-and-far between. However, it appears that there is actually a large number of companies that are trading at astonishingly low valuations in relation to the rest of their sectors, which spurred me to write another post on the subject.

    Where more »

  • Buy the Dips, the Rally Isn't Over Yet

    By Rupert Hargreaves - June 20, 2013 | Tickers: GNW, NOV, WLP

    It may seem absurd for me to make this prediction but I believe that despite current volatility, the market actually has further left to run.

    There are currently many different analysts all stating why they believe the market is overvalued and due for a pullback, however, a quick evaluation of the market by one of the simplest methods around quickly shows that the market could actually be undervalued.

    According to more »

  • Which Oil Play Is the Best Bet for Profits?

    By Marina Avilkina - June 18, 2013 | Tickers: HAL, NOV, SLB

    The International Energy Agency expects oil demand to increase by a mere 0.9% this year. European demand and growth have been meager at best, while the mantle of global consumption is largely being carried forward by China. China's total oil demand is expected to grow by 3.8% - a value less than initially calculated. Invariably, this will provide expected rising prices for the remaining year due to the more »

  • How To Cash In On The Unfolding Shale Gas Boom

    By Fani Kelesidou - June 14, 2013 | Tickers: GTLS, NOV, TTEK

    Energy experts have been bending our ears about the unfolding natural gas revolution in the U.S., for quite some time now. Not without a reason. Technological advancements in the way natural gas is being extracted from the earth have triggered an unprecedented surge in domestic production.

    Over the past ten years, the combination of horizontal drilling and hydraulic fracturing – a process also known as fracking, – has allowed access to more »

  • Buy National Oilwell Varco, Because there is No Other Vendor

    By Charlie Argon - June 9, 2013 | Tickers: BHI, HAL, NOV, SLB

    Portfolio manager Salman Ebrahim recently outlined eight price constraints on National Oilwell Varco here. As these dissipate this year, NOV’s solid long-term prospects will take center stage.

    The first constraint was low 2012 operating cash flow. This was due to increased inventory to meet anticipated demand for repairs of rigs built at the beginning of the current cycle which come due for their five-year repairs this year. If anything more »

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