Thread regarding National Oilwell Varco Inc. layoffs

What happened to NOV

How did the company devalue itself so much? In 2024 the share price was over $80. Its been as low as $10.84 in the past year. DNOW share price's are now higher than NOV's when at the time of spin off they were a fraction of the NOV value

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| 3642 views | | 10 replies (last November 25) | Reply
Post ID: @OP+1jsha4rg9

10 replies (most recent on top)

Maybe the stock price can go up now.

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Post ID: @ymf+1jsha4rg9

The Chief Elfecitive Officer is leaving about 8 yrs too late. But bon boyage chuckie.

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Post ID: @y5n+1jsha4rg9

@1vt Mr Williams announced his departure from the company today

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Post ID: @xxv+1jsha4rg9

Real engineers in charge left or retired. Now we are left with salesman at the top (natural born liars) zero skill. That’s your answer.

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Post ID: @jaq+1jsha4rg9

@gyt yes please more Engine Room....nothing like watching an interviewer asks questions only to answer himself and get off on himself.

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Post ID: @j1k+1jsha4rg9

@b3 but at least you have the Engine Room and Red M summits to look forward to.

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Post ID: @gyt+1jsha4rg9

NOV Mcr a basket case LOL LOL LOL
How true.

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Post ID: @28x+1jsha4rg9

Not sure how the CEO has survived this.

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Post ID: @1vt+1jsha4rg9

Dog of a share

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Post ID: @et+1jsha4rg9

That was more like 2014 which was when the reigns were handed over to the current Chief Elfecutive. Has gone down ever since. He will blame everything & everyone but never himself nor the minion leadership team he assembled. Sad!

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Post ID: @b3+1jsha4rg9

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