Back in 2013 or so, when NOV purchased our facility (and closed it 2 years later), an "executive" came to visit our facility - he was about 12 years old or so :). At that time, oil was selling for about $140 a barrel & things were good for NOV. I asked the 12 year old executive if NOV was investing in any renewable energy, since oil will not last forever. He gave me a look like I insulted him & had no answer (they weren't). This, in a nutshell, is why NOV is failing. Management without a long term plan. Or any plan really... terrible company. I landed square on my feet & couldn't be happier - if you are layed off, consider it an opportunity to find what you deserve. Best of luck to you all!
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