Tuesday, February 5, 2013

Investopedia: Can Offshore Continue To Offset Weaker Onshore Trends At National Oilwell Varco?

With multiple reports in hand, it looks like a few themes have emerged in the energy equipment space. Order growth is fine, but margins have become more problematic. Given that orders tend to drive these stocks, that works out well for investors today. Still, investors considering National Oilwell Varco (NYSE:NOV) need to consider the opportunities in offshore in the context of challenging conditions in the onshore industry.

Please continue here:
http://www.investopedia.com/stock-analysis/2013/Can-Offshore-Continue-To-Offset-Weaker-Onshore-Trends-At-National-Oilwell-Varco-NOV-GE-CAM-RIG0205.aspx

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