Deleted
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Post by Deleted on May 2, 2022 16:02:01 GMT -5
Analyst on CNBC was positive on NOV , said NOV has a Monopoly?
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Post by Blitz on May 3, 2022 9:19:36 GMT -5
Industry insiders say N O V really means No Other Vendor.  |
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Post by bjspokanimal on Jun 21, 2022 12:03:17 GMT -5
As much as any company, NOV will need to prove itself at the
bottom line in order to advance sufficiently. It's stock price
is still at value levels even though NOV's book-to-bill is
increasingly healthy-positive. I think that's because investors
with an eye on green energy transition are focused on the fact
that NOV makes equipment for what many see as a dying industry.
Their error, is that peak oil is still 7 to 10 years away and
consumption will decline only slowly beyond that. The world
will still be consuming at least 93 to 95 million barrels per
day by 2035, IMHO.
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