We are maintaining our long-term Neutral recommendation on National Oilwell Varco (NYSE:NOV), reflecting its strong drilling equipment base, healthy balance sheet and an impressive business model. These positives are partially clouded by the gas/oil price instability, costs inflation and geo-political risks.
Houston, Texas based National Oilwell Varco is a world leader in the design, manufacture, and sale of comprehensive systems, components, products and equipment used in oil and gas drilling and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards