DNOW - PVF Sales And Renewable Energy Projects Offset NOW's Cash Flow Problem
- NOW's pipe valves and fittings sales increased, mainly in the wellhead hookups and tank battery facilities.
- With various value-added services and lower lifting costs, I think its revenues will increase, and its margin will expand in Q1.
- The company’s eSpec digital product configurator and dryer equipment packages will also increase sales.
- It has no debt and sufficient liquidity, but negative free cash flow is a concern.
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PVF Sales And Renewable Energy Projects Offset NOW's Cash Flow Problem