NOW Inc(DNOW)

POST15.570.000.00%19:30 EDT
15.57-0.08-0.51%

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    • BadshaChowdhury
      ·
      2024-08-21

      DNOW Inc.: A Diversified Approach Will Offset The Near-Term Sluggishness

      Summary DNOW has a strong base with cash flow growth in 2024, strong liquidity, and reasonable valuation compared to peers. The company focuses on expanding revenue bases in traditional and non-traditional operations, with opportunities in various sectors and international markets. DNOW aims to strengthen market share through industrial offerings, with key strategies in actuated valves, PVF products, and digital initiatives. bjdlzx/E+ via Getty Images DNOW Has A Strong Base I have discussed DNOW Inc. (NYSE:DNOW) in the past, and you can read the latest article here, published on November 8, 2023. In the near term, muted US dril
      DNOW Inc.: A Diversified Approach Will Offset The Near-Term Sluggishness
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      Smartkarma
      ·
      2024-04-04

      DNOW, Inc. - Customer-Driven Model Drives Market Share Gains

      ⬆ $NOW Inc(DNOW)$ - DNOW’s FY23 financial results benefited from the initiatives management put in place several years ago to position the company as a strategic supply chain partner for its vendors and customers. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/dnow-inc-customer-driven-model-drives-market-share-gains?utm_source=tiger_community By Water Tower Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/water-tower-research?utm_source=tiger_community On NOW Inc (DNOW):- https://www.smartkarma.com/entities/now-inc?utm_source=tiger_community
      DNOW, Inc. - Customer-Driven Model Drives Market Share Gains
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      Smartkarma
      ·
      2023-11-15

      NOW, Inc. - Resilient Model Withstands Industry Headwinds

      ⬆ $NOW Inc(DNOW)$ - DNOW’s business has been resilient in the face of a declining US rig count through the first three quarters of 2023. 3Q23 US revenue was $448 million, 3% higher than 3Q22 Continue reading on Smartkarma:- https://www.smartkarma.com/insights/now-inc-resilient-model-withstands-industry-headwinds?utm_source=tiger_community By Water Tower Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/water-tower-research?utm_source=tiger_community On NOW Inc (DNOW):- https://www.smartkarma.com/entities/now-inc?utm_source=tiger_community
      NOW, Inc. - Resilient Model Withstands Industry Headwinds
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      Capital_Insights
      ·
      2023-11-03

      Blue Chip Daily: Focus on Stocks Over the 20, 50 and 200-sma

      Larry Tentarelli @bluechipdaily$S&P 500(.SPX)$ reclaimed the 40-Week MA today, Still below 10-week. Needs a close over 4400 to reclaim 20-week MA and more importantly put in a higher high.All 11 $S&P 500(.SPX)$ 500 sectors were up, by 1.3% or more. These strong breadth moves are usually at the beginning of a bigger trend move, as we saw in June.Do your have trading target stock for November?For individual stocks, Index direction and trend are key. For stock selection, over the 20, 50 and 200-sma are often the strongest stocks. Other criteria go into stock selection. 206 large caps > 20, 50 & 200. Coming out of an index drawdown, I use a combination of ETFs (for size) & single stocks.
      Blue Chip Daily: Focus on Stocks Over the 20, 50 and 200-sma
      TOPtykimikki: Great ariticle, would you like to share it?
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      Smartkarma
      ·
      2023-09-28

      NOW, Inc. - Leveraging Existing Model to Supply Energy Evolution

      ⬆ $NOW Inc(DNOW)$ - DNOW’s transformed fulfillment model is driving sustainable earnings traction as the company increases its market share. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/now-inc-leveraging-existing-model-to-supply-energy-evolution?utm_source=tiger_community By Water Tower Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/water-tower-research?utm_source=tiger_community On NOW Inc (DNOW):- https://www.smartkarma.com/entities/now-inc?utm_source=tiger_community
      NOW, Inc. - Leveraging Existing Model to Supply Energy Evolution
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      Smartkarma
      ·
      2023-08-17

      NOW, Inc. - Fulfillment Model to Meet Customers' Evolving Needs August 16, 2023 Jeff Robertson

      ⬆ $NOW Inc(DNOW)$ - DistributionNOW gained share during 2Q23 as US drilling activity slowed. US revenue per rig averaged ~$631k, up from ~$561k in 1Q23 and ~$570k in 2Q22. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/now-inc-fulfillment-model-to-meet-customers-evolving-needs-august-16-2023-jeff-robertson?utm_source=tiger_community By Water Tower Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/water-tower-research?utm_source=tiger_community On NOW Inc (DNOW):- https://www.smartkarma.com/entities/now-inc?utm_source=tiger_community
      NOW, Inc. - Fulfillment Model to Meet Customers' Evolving Needs August 16, 2023 Jeff Robertson
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      AI Earnings
      ·
      2023-08-02

      NOW Inc(DNOW) 2023 Earnings Summary

      Bullish Points: 1. Revenue for Q2 2023 is $594 million, compared to $539 million in Q2 2022. 2. Net income for Q2 2023 is $34 million, compared to $26 million in Q2 2022. 3. Operating profit for Q2 2023 is $36 million, compared to $29 million in Q2 2022. 4. Total revenue for six months ended June 30, 2023: $1,178 million, compared to $1,012 million in 2022. 5. Operating profit for six months ended June 30, 2023: $71 million, compared to $52 million in 2022. 6. Net income attributable to NOW Inc. for six months ended June 30, 2023: $65 million, compared to $56 million in 2022. 7. Diluted earnings per share for six months ended June 30, 2023: $0.59, compared to $0.50 in 2022. 8. Two acquisitions completed during the three months ended June 30, 2023, for a net purchase price of approximately
      NOW Inc(DNOW) 2023 Earnings Summary
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    • Company Profile

      Company Name
      NOW Inc
      Market
      NYSE
      Establishment Date
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      Employees
      - -
      Office Location
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      Zip Code
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      Introduction
      NOW Inc. distributes downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing operations in the United States, Canada, and internationally. It offers its products under the DistributionNOW and DNOW brand names. The company provides consumable maintenance, repair, and operating supplies; pipes, valves, fittings, flanges, gaskets, fasteners, electrical products, instrumentations, artificial lift, pumping solutions, valve actuation and modular process, and measurement and control equipment; and mill supplies, tools, safety supplies, and personal protective equipment, as well as applied products and applications, such as artificial lift systems, coatings, and miscellaneous expendable items. It also offers original equipment manufacturer equipment, including pumps, generator sets, air and gas compressors, dryers, blowers, mixers, and valves; modular oil and gas tank battery solutions; and application systems, work processes, parts integration, optimization solutions, and after-sales support services. In addition, the company provides supply chain and materials management solutions that include procurement, inventory planning and management, and warehouse management, as well as solutions for logistics, point-of-issue technology, project management, business process, and performance metrics reporting services. It serves customers through a network of approximately 170 locations in the upstream, midstream, and downstream sectors of the energy industry, including drilling contractors, well-servicing companies, independent and national oil and gas companies, midstream operators, and refineries, as well as petrochemical, chemical, utilities, and other downstream energy processors; and industrial and manufacturing companies. The company was founded in 1862 and is headquartered in Houston, Texas.
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    High
    15.68
    Open
    15.65
    Volume%
    1.06
    Low
    15.47
    Close
    15.65
    T/O Rate
    1.28%
     
     
     
     

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