2024-04-15 17:11:08 ET
Summary
- NOV Inc. is showing signs of life with growing sales and margins, potentially opening up long-term investment opportunities.
- The company provides technology-driven solutions for the energy sector, serving traditional oil and gas, renewables, and industrial customers.
- Despite a history of uneven performance, NOV saw an increase in revenues and operating profits in 2023, with expectations of further growth in 2024.
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NOV: Energy Supplier Sees Some Energy Itself