Oil and Natural Gas are typically welded at the investment hip. They often occur simultaneously in developed fields and are lumped together in much the same way as physical gold and silver - ratios of one to the other are viewed historically and investibility in either looks attractive when those ratios are either high or low.
I'm going to offer an alternative view. Consider oil and natural gas as different bridges, of limited life-spans, to the future. Oil's bridge was built generations ago. It lifted early industrial, fuel powered societies thru an assisted muscle powered age to a...
If history is any indication, National-Oilwell Varco's (NOV) recent acquisition could end up benefiting Grant Prideco's (GRP) shareholders more than its customers. Acquisitions of companies with higher customer satisfaction ratings (i.e., Grant Prideco) by companies with lower customer satisfaction ratings (i.e., NOV) tend to pull the ratings of purchased companies down rather than lift the ratings of the acquirer. In addition, bigger is not always better in terms of execution and in satisfying customers.
National OilwellVarco (NOV)is buying Grand Prideco (GRP) in a cash/stock deal that should be accredative to earnings.
I've never held Grant Prideco in the fund but have looked at in the
past and found it to be a solid company; so I like this deal which puts
a 22% premium on Friday's closing price for GRP. National Oilwell Varco,
as discussed last week, broke out technically and this news has put
pressure on the stock, with it down 7% in early trading, conveniently
taking it right down to the 50...
Oil drilling and services companies National Oilwell Varco (NOV) and Grant Prideco (GRP)jointly announced early Monday a merger through which National Oilwell Varco will acquire all of Grant Prideco for $23.20 in cash and 0.4498 of its own shares per GRP share. The deal values GRP at $58 per share, a 22% premium to Friday?s closing price of $47.46. The deal...
Stocks discussed in the lightning round session of Jim Cramer?s Mad Money TV program,Friday December 14. Click on a stock ticker for more analysis: Bullish calls:
Blue Nile (NILE): Masimo (MASI): 'This was a super breakout. ... I remain committed to this company. ... This is one that has potential to be a much bigger medical device stock than most in a slowing environment.'
Agrium (AGU): 'They just did this terrific acquisition. ... The stock...
Stocks discussed in the in-depth session of Jim Cramer?s Mad Money TV program, Monday September 14. Click on a stock ticker for more analysis:
Hedging Against the Fed: Grant Prideco (GRP), National Oilwell Varco (NOV)
Cramer thinks oil companies will be fine regardless of whether or not the Fed cuts, and while oils have been rising, GRP is the ?ultimate laggard that is ready to roll.? In spite of its ?phenomenal? drill pipe business, GRP has not yet seen gains and its CEO has...
Miriam Metzinger submits: Recap of Jim Cramer?s comments on Stop Trading! Friday May 18. Click on a stock ticker for more analysis:
Microsoft (MSFT), aQuantive (AQNT), Yahoo (YHOO): Cramer calls MSFT's bid to buy AQNT at $6 billion a "game changer," and he doesn't see any reason why it wouldn't also buy YHOO for $50 billion. The bid may usher in the beginning of a "land grab against Google." While Cramer wouldn't buy a down company solely because...
Stock News 
The deal...
