Seeking Alpha

Morningstar recognizes National Oilwell Varco's (NOV) Pete Miller as its 2012 CEO of the Year,...

Morningstar recognizes National Oilwell Varco's (NOV) Pete Miller as its 2012 CEO of the Year, praising his "stellar job at capital allocation, identifying major industry trends, investing billions in capital ahead of the shifts, and then executing brilliantly on deals." Miller "pulled off without a hitch" an acquisition-heavy strategy that carries the risk of operational miscues in an industry where reliability is prized.
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Comments (3)
  • rjj1960
    , contributor
    Comments (1370) | Send Message
     
    Great company and a core holding.
    3 Jan 2013, 02:58 PM Reply Like
  • moseslarsen
    , contributor
    Comments (479) | Send Message
     
    rjj, been eyeballing this company for a long time and didnt commit until a few days ago. I saw one of their ships docked in Bergen, Norway - wow, is all I can say. Looking forward to enjoying this investment. Cheers, Moses
    3 Jan 2013, 03:19 PM Reply Like
  • Zeus2012
    , contributor
    Comments (707) | Send Message
     
    This is never a good sign. This is usually the sign that the company stock has topped.
    3 Jan 2013, 03:20 PM Reply Like
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