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$NOV - If you like Benjamin Graham ideas

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Current Report Filing (8-k) Edgar (US Regulatory) - 8/26/2020 8:41:51 AM
National Oilwell Varco Announces Results of Tender Offer for Any and All 2.600% Senior Unsecured Notes Due 2022 Business Wire - 8/26/2020 8:30:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 8/19/2020 9:17:54 AM
National Oilwell Varco Commences Tender Offer for Any and All 2.600% Senior Unsecured Notes Due 2022 Business Wire - 8/19/2020 9:03:00 AM
National Oilwell Varco Announces Third Quarter 2020 Earnings Conference Call Business Wire - 8/11/2020 11:52:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 7/28/2020 6:03:09 AM
National Oilwell Varco Reports Second Quarter 2020 Results Business Wire - 7/27/2020 6:22:00 PM
Annual Report of Employee Stock Plans (11-k) Edgar (US Regulatory) - 6/26/2020 1:09:53 PM
Specialized Disclosure Report (sd) Edgar (US Regulatory) - 6/1/2020 4:32:10 PM
National Oilwell Varco Announces Second Quarter 2020 Earnings Conference Call Business Wire - 5/21/2020 6:04:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 6:01:48 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 6:00:22 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 5:58:11 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 5:57:26 PM
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Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 5:55:31 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 5:53:50 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/21/2020 5:52:05 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/21/2020 4:17:09 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/21/2020 6:05:07 AM
National Oilwell Varco Announced Suspension of Quarterly Dividend Business Wire - 5/20/2020 5:51:00 PM
Securities Registration: Employee Benefit Plan (s-8) Edgar (US Regulatory) - 5/20/2020 4:17:46 PM
Additional Proxy Soliciting Materials (definitive) (defa14a) Edgar (US Regulatory) - 5/13/2020 6:31:13 AM
Quarterly Report (10-q) Edgar (US Regulatory) - 4/28/2020 4:13:47 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 4/28/2020 6:17:28 AM
Timothy Smith   Saturday, 05/18/13 03:20:17 AM
Re: eastunder post# 314
Post # of 354 
$NOV - If you like Benjamin Graham ideas here are a few to consider.

i. National Oilwell Varco operates as an oilfield equipment and services company. National Oilwell Varco provides equipment used for both onshore and offshore drilling. National Oilwell Varco also provides assembly and maintenance services for oilfield equipment.

ii. Graham's conditions for being a conservatively financed company are just that, conservative. When applying how stringent Grahams parameters are, only a small hand full of companies are picked. The point of this is to ensure that the company we add to our portfolio has enough assets to avoid bankruptcy if the economy turns south.

In an attempt to simplify and save time we are going to look at total assets vs. liabilities. We are looking for at least twice as many assets as liabilities or 200%. As of the first quarter 2013 National Oilwell Varco has $33,556,000,000 in assets and $13,007,000,000 in liabilities. The assets are 258% of liabilities.

iii. Graham wanted to see at least 20 years of paying consecutive dividends. National Oilwell Varco has been consecutively paying a dividend since late 2009. Currently they have a payout ratio of 9%.

iv. A P/E of 20 at the current EPS of $5.58 is $111.60 a share.

http://seekingalpha.com/article/1440811-benjamin-graham-s-rules-for-the-common-stock-component-national-oilwell-varco

Oil & Gas | OTCBB | OTCQB | Pink Sheets

Purely my own opinion. This is not investment advise and do your own due diligence.
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