Energy services company NOW Inc. (DNOW) reported better-than-expected revenue and earnings in the first quarter of fiscal 2023. Furthermore, the company is well-placed to achieve substantial growth in the upcoming quarters, driven by strong demand for its offerings, strategic partnerships and acquisitions, and rapid expansion to key geographies.
Given its sound fundamentals and bright growth outlook, this top energy stock, trading under $10, is worth owning now. In this piece, I will discuss several reasons why I am extremely bullish on DNOW.
