Pete is portrayed by Jake Lacy.
Miller will step down as NOV’s CEO when the company completes the spin off of its $3.9 billion distribution business, DistributionNow, which is expected in April. (TMFrunAMuck) Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Would National Oilwell Varco want to expand into the subsea business? Please help improve it by revising it to be neutral and encyclopedic. We've got SWAT teams that go in and get that done real quickly.The biggest issue is, does it fit strategically? Retirement We combine extensive knowledge, hands-on industry experience and a global presence to It's a pretty expensive business right now. doesn't skip a beat. See you at the top! The … CEO Pete Miller Explains NOV’s Acquisitions Strategy With as many as 300 acquisitions under its belt, how does NOV decide what to take on next?
In conjunction with Mr. Miller’s upcoming retirement, Mr. Miller has
Let's go get it.As you continue to grow and people get the chance and actually see the opportunity, then they become charged up and say, "OK, I've got to help on this next acquisition." Do we need the product?
A lot of these companies that we've bought, we've had discussions for three or four years, and then all of a sudden the moon and stars align appropriately and you just move. Sure, I think it makes some sense, but it's pretty frothy. We don't like to buy things on the expensive side. All rights reserved.
Miller acquired over 200 companies, each with a strategic tie to the oil producing industry.
Personal Finance Certainly, Miller says, but only under the right circumstances. NOV CEO Pete Miller stepping down OE Press November 21, 2013 National Oilwell Varco Inc. announced that Chairman and Chief Executive Officer Merrill A.
slow down. The article CEO Pete Miller Explains NOV's Acquisitions Strategy originally appeared on Fool.com. Our bring you unrivaled sourcing and procurement solutions so that your operation never has to Pete Miller to retire from NOV spinoff By Olivia Pulsinelli – Assistant managing editor, Houston Business Journal Aug 24, 2017, 7:42am CDT Houston-based …
Pete Miller has been Executive Chairman and Chairman of the Board of Directors of NOW Inc. since May 2014, when the Company was spun off from National Oilwell Varco, Inc. Mr. Miller previously served as President. You go ahead and buy them at that point.I think my first conversation with Varco was in 1998, and we announced the deal in August of '04, and closed in March of '05, so we're patient people.We've got an integration manual like this. Does it give us something that we don't currently have? We wait until they get a little cheaper.But we feel like we've got a wonderful position in FPSOs and flexibles, and that's going to enhance what they do, so as they get more and more production manifolds in, we're going to be able to hook them up and it's going to be great business, I think, for all the companies mentioned.But you've got to be patient, too. It used to be like this, but every mistake we made, we kept adding to it, so it's a pretty thick manual right now.
stepped down as Chairman of the Board and the NOW Board of Directors has Cumulative Growth of a $10,000 Investment in Stock AdvisorCEO Pete Miller Explains NOV’s Acquisitions Strategy @themotleyfool #stocks $NOV $GE $SLB $FTI $CHKA.Q $CAM But the one thing we don't spend a whole lot of time on is how are we going to integrate it? Taylor Muckerman has no position in any stocks mentioned. expertise spans the upstream, midstream and downstream segments so that your operation If it does, good. (February 2013)Merrill A. Miller Jr., more commonly known as Pete Miller, was the chairman and chief executive officer of National Oilwell Varco, Inc. (NYSE:NOV) a supplier of oilfield services, equipment and components to the worldwide oil and natural gas industry. This biographical article is written like a résumé. © Copyright 2020 DistributionNOW. Stock Market company expects. Let's conquer your financial goals together...faster. The full version of the interview can be found I was just wondering if you see that potentially becoming a threat, or if they're just going to stay in that subsea technology market that you guys have kind of let them have at the moment?Would we want to get in that business?
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