What do you think? Can both companies strengthen each other?
6 replies (most recent on top)
Anony 158380 ----- in your last 2 paragraphs, you've just described NOV. Major stock decline. their stock was dumped too. Also they had to buy some of their stock back to keep numbers from dropping any further then dumped again. Closed their doors permanently at many locations. It ain't thriving like it once did and won't.
The big boys have and are making their deals "Halliburton, Schlumberger, Baker, GE". Yes they may have to sell off some product lines to get the government to go along. WFT is left out in the cold. Low oil prices, no cash flow, a lot of debt that is coming due in 2016. Two options available for WFT, stocks will continue to decline and will enter the junk market. Company could then be picked up for pennies on the dollar. Look at some of the really big former stock holders and ask yourself the question, Why did they dump their stock!
To the National Oilwell Varco employee who's lost an' posted a comment right below this one,.... YOU'RE ON THE WRONG SITE!!! Will you go to your own layoff site and post there and stop posting your garbage here!!
WTF Best prat that someone buys them. NOV Makes Sense. Would be a good fit. Doubtful though.
You must be a National Oilwell Varco empoyee with these ridiculpus baiting posts. You posted a comment asking if weatherford will buy NOV over at the NOV layoff public forum. Stop the madness.
Weatherford has no value. Nov sucks.