5 Best Oil Stocks To Own For 2015

5 Best Oil Stocks To Own For 2015: National-Oilwell Inc.(NOV)

National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products used in oil and gas drilling and production; provides oilfield services and supplies; and distributes products, and provides supply chain integration services to the upstream oil and gas industry worldwide. Its Rig Technology segment offers offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; rig instrumentation systems; coiled tubing equipment and pressure pumping units; well workover rigs; wireline winches; wireline trucks; cranes; and turret mooring systems and other products for floating production, storage and offloading vessels, and other offshore vessels and terminals. The company?s Petroleum Services & Supplies segment provides various consumable goods and services to drill, complete, remediate, and workover oil and gas wells and service pipelines, flowlines, and other oilfield tubular goods. It also manufacture s, rents, and sells products and equipment for drilling operations, including drill pipe, wired drill pipe, transfer pumps, solids control systems, drilling motors, drilling fluids, drill bits, reamers and other downhole tools, and mud pump consumables. In addition, this segment provides oilfield tubular services comprising the provision of inspection and internal coating services; equipment for drill pipe, line pipe, tubing, casing, and pipelines; and coiled tubing pipes and composite pipes. Its Distribution Services segment sells maintenance, repair and operating supplies, and spare parts to drill site and production locations. The company primarily serves drilling contractors, shipyards and other rig fabricators, well servicing companies, pressure pumping companies, oil and gas companies, supply stores, and pipe-running service providers. National Oilwell Varco, Inc. was founde! d in 1862 and is based in Houston, Texas.

Advisors' Opinion:

• [By Ben Levisohn]

  Stocks rose, fell and rose today as gains in Best Buy (BBY), Apple (AAPL) and Pfizer (PFE) outweighed losses in National Oilwell Varco (NOV) and Salesforce.com (CRM).

• [By Wallace Witkowski]

  Energy-services companies reporting this week include National Oilwell Varco Inc. (NOV)  and Ensco PLC (ESV) . Other energy earnings this week include ConocoPhillips (COP) , Valero Energy Corp. (VLO) , Hess Corp. (HES) , Phillips 66 (PSX) , and Marathon Petroleum Corp. (MRO)  

• [By Dan Caplinger]

  Momenta also dropped 17%, as rival Teva Pharmaceutical (NYSE: TEVA  ) got good news from the Supreme Court in its battle to protect its Copaxone drug for multiple sclerosis. Momenta is ready to launch a generic version of Copaxone with partner Novartis (NYSE: NOV  ) , and an initial decision would have allowed Momenta to start those sales by May. After choosing not to add the case to its calendar on two separate occasions, the Supreme Court's decision will have a major impact on Momenta's plans. With a possible Supreme Court decision pending, Teva has at the very least bought some time and could eventually wrest victory from Momenta for a much longer period.

• [By Paul Ausick]

  National Oilwell Varco Inc. (NYSE: NOV) had a jump of 35.8% in short interest to 8.21 million shares, or about 1.9% of the company’s float. It is scheduled to report results on Friday, and analysts are estimating EPS! at $1.39! on revenues of $5.86 billion. The revenue estimate is higher than last year’s fourth-quarter actual of $5.68 billion, but the EPS estimate is below last year’s total of $1.44.

source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-oil-stocks-to-own-for-2015.html