Comparing Net Debt for BHGE and NOV Post-1Q18
In this series, we’ll compare Baker Hughes, a GE company (BHGE), and National Oilwell Varco (NOV), two of the top market cap OFS (oilfield equipment and services) companies based on their balance sheet strength, market indicators, and relative valuation multiples. We’ll start our discussion by comparing these companies’ net debts in 1Q18. Comparing debt profiles