The following video is from Tuesday's Digging for Value, in which host Alison Southwick, Motley Fool senior analyst Michael Olsen, and contributor Tyler Crowe dive deep into top stories for today's energy sector investors.

In this segment, Michael explains why investors should pay attention to National Oilwell Varco's (NYSE:NOV) spinoff of its distribution segment. With oil and gas companies running through disposable elements left and right, this segment of the company is much like the hardware store for the entire industry. Michael sees the market not being too excited by this move, and investors who pay attention could get some real value out of this upcoming stock.


Alison Southwick, Michael Olsen, CFA, and Fool contributor Tyler Crowe have no position in any stocks mentioned. The Motley Fool recommends and owns shares of National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.