What podcasts say about DNow
Every statement, with the speaker, the exact quote and the moment it was said.
What experts have said about DNow
9 statements · 8 positive · 1 neutral
DNow’s acquisition-led distribution model can produce efficient growth and strong returns on capital.
“And as a result of that, you get a fairly good, efficient growth and returns on capital.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 5:30
DNow’s oil-and-gas market may be stabilizing or beginning to grow.
“But I think there is something that's happening here.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 9:01
DNow’s recent growth may be only the beginning.
“But I think it's just the beginning of what we could be seeing from this company.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 13:09
DNow increased margins and profitability despite declining oil-and-gas investment.
“But even without it, I think this is a company that has shown, and if you look at their results kind of like within the last five years or so, in the environment in which the oil and gas investment has been declining, they still managed to do pretty well. And they still managed to increase their profit margins. They still managed to increase their profitability as well.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 16:54
DNow historically traded around a 5–6% free-cash-flow yield.
“historically, this number was quite volatile, but it averages out that on average for DNow, the market was willing to pay about 5% to 6% free cash flow.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 29:26
DNow’s 2027 free-cash-flow yield is approximately 10% at today’s price.
“So that means on 2027, today you're getting about a 10% free cash flow yield.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 31:07
DNow’s 3–5% annual growth deserves a higher valuation multiple.
“And once you have that, that does deserve a higher wealth.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 35:03
DNow’s macro backdrop and experienced management create multiple ways to win.
“But I think given the macro background switching from a headwind to a tailwind, and the people who are involved here with David Cherishinsky being there, he's been at Dino for I think over 25 years and has a pretty good history of prior acquisitions that they've made in the past. You're getting into a situation in which there's a few ways to win from here.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 39:32
DNow could benefit from investment in utilities, refineries, and data centers.
“could be in all the right places if we're going to see the type of investment that is being talked about in utilities and refineries and data centers, et cetera.”
Open the episode · $DNOW: the boring distributor that could double on 2029 numbers | Firebird ManagementListen at 44:34
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.