NOV made 9 aquisitions this year....none involved stock... so no dilution to existing shareholders.
All were/willl be accretive to earnings immediately....they had the smarts to issue senior notes for robbin&meyers. NOV rarely sells bonds but the money was incredibly cheap....a company like this, with great management, cant lose unless the industry falls apart.....ie people don't use oil and gas and pipelines....I'll hold it and won't consider selling till it gets well over $100
NOV did too many acquistions, and the cash and margin is going down and. It seems nothing is special for the management. Even the oil price went down, the risk is there. I think investor is waiting for good number before buy this stock.