With oil prices bouncing around $30 / bbl., we’ve gotten interested in investments in the Energy sector. As part of this, we’ve been doing a bit of work on National Oilwell Varco (NOV), an oil drilling equipment supplier known in the industry by its ticker-inspired nickname: “No Other Vendor.”
We haven’t yet come to an understanding of its value, but we have learned a lot about its position within the present demand environment. We’ve posted a research piece covering this topic in the research library, so login and take a look!
To learn more about IOI’s Valuation Framework, contact us!