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.
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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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