What’s Wall Street’s Forecast for NOW Stock?
Of the analysts tracking NOW (DNOW) on May 23, ~36% recommended “buy” or some equivalent, 64% recommended “hold,” and none recommended “sell.”
How NOW’s Short Interest Compares
On May 23, short interest in NOW (DNOW) as a percentage of its float had risen 145% YoY (year-over-year) to 16.3% from 6.7%.
How NOW Stock Has Reacted to Crude Oil Prices
Between January 1 and May 23, NOW’s (DNOW) correlation with crude oil was 0.38.
Forecasting NOW’s Stock Price over the Next 7 Days
Between May 2, when NOW (DNOW) released its first-quarter results, and May 23, its implied volatility fell from 43.7% to 39.1% and its stock price rose ~5.4%.
Is NOW’s Stellar Performance in 2018 Warranted?
NOW’s (DNOW) year-to-date returns as of May 11 were 33.5%.
The Top 5 Oilfield Companies by Market Returns
In 2018, many OFS companies have had positive returns. In this series, we’ll analyze the top five companies by their stock market returns.
Why cash flow from investing activities is important
CFI mainly includes capital expenditures (or capex) that a company makes towards growing its business. It also includes a company’s asset acquisitions.
Introducing National Oilwell Varco, a “Warren Buffett stock”
This series studies National Oilwell Varco’s financial performance over the last seven years to help you understand why the company has earned the privilege of becoming a Buffett stock.
Must-know: Chilton initiates a new position in Now Inc.
Now’s U.S. revenues fell due to the company’s central U.S. pipe yard relocation, reduced project revenues, and the implementation of a new quoting system.
Why Berkshire Hathaway reduces stake in ConocoPhillips
Berkshire Hathaway has reduced its position in ConocoPhillips (COP). The position now accounts for 0.11% of the fund’s 2Q14 portfolio—down from 0.74% in 1Q14. ConocoPhillips is an independent exploration and production company.
Why Berkshire Hathaway lowers stake in Graham Holdings
Berkshire Hathaway significantly lowered its position in Graham Holdings (GHC). The position now accounts for 0.07% of the fund’s 2Q14 portfolio—down from 1.15% in 1Q14. Graham Holdings is a diversified education and media company.