The former CEO announced his retirement last year. Since that day, there has been a steady climb to produce a 40% increase. Coincidence?
Can't blame the war in Iran since it's only gone up a little bit since then.
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They hired the guy who drove Baker Hughes into the ground. What do you expect.
@fy
Really. It was better before NO. And even better before VARCO!
@OP
I’ve seen the stock price in the 80’s and above, but that was many years ago when Pete Miller was CEO. I don’t believe you will ever see it that high again.
Place is way too top heavy. We’ve got a US VP of operations who knows nothing about operations, then two regional VPs under him just for the US. Then Directors, area managers and so on under them. It’s crazy.
If only National Oilwell could rid itself of more of the Varco infection…