I thought that NOV has created via its acquisitions a complete suite of equipment choices such that that many companies are standardizing on NOV equipment on their rigs. One source, means simplicity and streamlined processes.
NOV makes everything used on rigs, incl the rigs, yes? "The Walmart of the oil patch", i think it has been called.
Makes sense --So true that we have to wait for major players. Maybe there will be a pop if Fed eases but I don't see them doing it, especially post Greek elections that didn't implode the markets. But then again that is why the markets have been heaving higher the last two weeks including today