Seadrill Ltd (SDRL), Oiltanking Partners LP (OILT): Three Stocks for the Offshore Boom

Page 2 of 2

3. National-Oilwell Varco, Inc. (NYSE:NOV)

This company has really left its mark on the offshore world, quite literally, with equipment on 90% of the industry’s rigs. It doubled its quarterly dividend earlier this year, to $0.26 per share and an annualized payout of $1.04 per share. After a rough 2012, earnings are up again in 2013 as the entire industry has begun to rebound. Like Seadrill Ltd (NYSE:SDRL), the company has a lucrative relationship with Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) that should bode well in the near future.

The article 3 Stocks for the Offshore Boom originally appeared on Fool.com is written by Aimee Duffy.

Fool contributor Aimee Duffy has no position in any stocks mentioned. If you have the energy, follow her on Twitter: @TMFDuffy.The Motley Fool recommends National Oilwell Varco, Petroleo Brasileiro (NYSE:PBR) S.A. (ADR), and Seadrill. The Motley Fool owns shares of National Oilwell Varco, Seadrill, and Transocean.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2