DNOW News and Press, NOW Inc. From 02/16/22

NOW (NYSE:DNOW) is scheduled to announce Q4 earnings results on Thursday, February 17th, before market open. The consensus EPS Estimate is $0.03 (+112.0% Y/Y) and the consensus Revenue Estimate is $426.1M (+33.6% Y/Y). Over the last 2 years, DNOW has beaten EPS estimates 50% of the time and h...

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. We were opportunistic in the face of recent market volati...

Oil prices have recently surpassed the $90 per barrel mark, its highest level in eight years. Moreover, prices are expected to remain elevated due to increased demand amid supply uncertainties. Given the soaring prices, we think fundamentally sound low-priced energy stocks Archrock (AROC), NO...

NOW Inc. (NYSE:DNOW) has scheduled a conference call to discuss fourth quarter and full-year 2021 earnings on Thursday, February 17, 2022 at 8:00 am (US Central Time). Financial results for the fourth quarter and the year ending December 31, 2021 are expected to be released that mor...

The shares of the world’s largest oilfield services company, Schlumberger (SLB), have registered significant gains in the face of a broader S&P 500’s downtrend over the past five days. However, COVID-19 omicron cases are surging to new records, which could create a bearish e...

The oil and gas companies have gained significantly this year due to rebounding demand and OPEC’s supply cuts. Goldman Sachs Group anticipates high oil demand in the upcoming years. This should bode well for oil and gas infrastructure stocks NOW Inc. (DNOW) and Geospace (GEOS). These s...

NOW Inc. (NYSE:DNOW) announced today that it has entered into an amendment (the “First Amendment”) to the existing senior secured credit facility with a syndicate of lenders, with Wells Fargo Bank, National Association serving as the administrative agent (as amended, the &...

Famed investors public positions down from 22 securities to just six. Also, closed bearish bets on bonds, but public commentary suggests that position may have been moved to a non-reporting derivative. That could explain the lower size of the reported portfolio - only positions in...

President Joe Biden conceded Saturday that OPEC+ would not be able to raise oil production enough to meet U.S. demands while also lowering prices, and said he was weighing various options including whether to tap the Strategic Petroleum Reserve. This week, OPEC+ rejected Biden's request for a...

Now Inc. (DNOW +7.5%) has gained 20% in two days after reporting better than expected Q3 earnings, swinging from a year-ago loss, and a 35% Y/Y increase in revenues to $439M. Stephens analyst Tommy Moll upgrades shares to Overweight from Equal Weight with a $12 price target, citing "enha...