1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7259) 

Tweedy, Browne Comments on National Oilwell Varco

July 25, 2013 | About:

The other new holding is National Oilwell Varco (NYSE:NOV), a leading global manufacturer of drilling rig equipment and consumables to the energy industry. It has a leading market position in the segments of the oil & gas industry that are generating the most growth, deepwater drilling and shale drilling. The company has historically generated high returns on capital, has what we believe to be a conservative balance sheet with minimal debt, and at purchase was trading at a significant discount to our estimate of the company's intrinsic value.

From Tweedy Browne's second quarter 2013 letter.


Rating: 4.3/5 (3 votes)

Comments

Please leave your comment:


GuruFocus has detected 3 Warning Signs with National Oilwell Varco Inc $NOV.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


stewloewyP/FCF
jont017Low Ebitda/EV
jgmarisafricaBuffetology
pbarker46PB & PS
jjcarlin99Utilities - non-regulated
jjcarlin99MidStream Oil & Gas
pbarker46EV/EBITDA & P/Med PS
pbarker46High short
DANGORDONMARGIN OF SAFETY 4-23-17
Taekgyun Kopbr
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK