NOV Inc - Company Profile
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NOV Inc (NOV) designs and manufactures equipment and components for the oil and gas sector. The business performance of energy equipment segment, presence in diverse industries, and robust operational capabilities are the major strengths of the company, even as ongoing litigations could be cause for concern. Nevertheless, an increase global demand for oil; strategic partnerships and product launches could present adequate growth opportunities for the company. However, fluctuations in oil and gas prices, foreign currency fluctuations, and increasing manpower costs in the US could affect its operations.
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