Tuesday, June 16, 2015

5 Best Gas Stocks To Watch Right Now

5 Best Gas Stocks To Watch Right Now: National-Oilwell Inc.(NOV)

National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products used in oil and gas drilling and production; provides oilfield services and supplies; and distributes products, and provides supply chain integration services to the upstream oil and gas industry worldwide. Its Rig Technology segment offers offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; rig instrumentation systems; coiled tubing equipment and pressure pumping units; well workover rigs; wireline winches; wireline trucks; cranes; and turret mooring systems and other products for floating production, storage and offloading vessels, and other offshore vessels and terminals. The company?s Petroleum Services & Supplies segment provides various consumable goods and services to drill, complete, remediate, and workover oil and gas wells and service pipelines, flowlines, and other oilfield tubular goods. It also manufacture s, rents, and sells products and equipment for drilling operations, including drill pipe, wired drill pipe, transfer pumps, solids control systems, drilling motors, drilling fluids, drill bits, reamers and other downhole tools, and mud pump consumables. In addition, this segment provides oilfield tubular services comprising the provision of inspection and internal coating services; equipment for drill pipe, line pipe, tubing, casing, and pipelines; and coiled tubing pipes and composite pipes. Its Distribution Services segment sells maintenance, repair and operating supplies, and spare parts to drill site and production locations. The company primarily serves drilling contractors, shipyards and other rig fabricators, well servicing companies, pressure pumping companies, oil and gas companies, supply stores, and pipe-running service providers. National Oilwell Varco, Inc. was ! founded in 1862 and is based in Houston, Texas.

Advisors' Opinion:
  • [By ovenerio]

    In this article, let's take a look at National Oilwell Varco, Inc. (NOV), a $30.43 billion market cap company that designs and manufactures drill rig equipment, provides downhole tools and services, and also provides supply chain integration services to the upstream oil and gas industry.

  • [By ovenerio]

    The company has a current ROE of 15.65% which is higher than the one exhibit by Superior Energy Services Inc (SPN) and National Oilwell Varco Inc (NOV). In general, analysts consider ROE ratios in the 15-20% range as representing attractive levels for investment. So for investors looking for those levels or more, Oceaneering International (OII) could be the option and Core Laboratories NV (CLB) tremendous ratio seems very attractive. It is very important to understand this metric before investing and it is important to look at the trend in ROE over time.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-gas-stocks-to-watch-right-now-2.html

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