“$DNOW: the boring distributor that could double on 2029 numbers | Firebird Management”
DNOW's post-merger integration completion and exploding free cash flow support a bull thesis where the stock could double by 2029.
we're talking about DNOW. DNOW is a distributor mainly focused on oil and gas. And now they're upstream, they're mid-stream, they're downstream, they're all over the oil and gas.
Steve's got a really interesting view on Dow this was a spin-off 10 years ago and why you know the spin-off hasn't gone I don't want to say poorly but it hasn't gone great and he thinks the environment is setting up like trial multiples trial eval trial everything and they point this out in their proxy trout and they just did a merger the integration's behind them and the free cash flow was set to explode and I think he lays it out and he lays it out why he thinks over the next few years the stock could really really work from here.