DNOW is accelerating diversification into midstream, LNG, data centers, and mining, reducing reliance on upstream and unlocking new growth drivers. The pending merger with MRC Global expands DNOW's reach, adds $70 million in cost synergies, and strengthens its position in energy and industrial markets. With reasonable valuation, strong cash flow potential, and enhanced growth prospects, I upgra...
NEW YORK CITY and NEW ORLEANS, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MRC Global Inc. (NYSE: MRC) to DNOW Inc. (NYSE: DNOW). Under the terms of the proposed transaction, shareholders of MRC will receive 0.9489 shares of DNOW for each share of MRC t...
DNOW Inc. (NYSE:DNOW ) Q2 2025 Earnings Call August 6, 2025 9:00 AM ET Company Participants Brad Wise - Vice President of Digital Strategy & Investor Relations David A. Cherechinsky - CEO, President & Director Mark B.
NOW (DNOW -9.19%), a global industrial distributor serving energy and industrial markets, reported earnings on August 6, 2025. The company posted earnings per share (Non-GAAP) of $0.27, beating analyst expectations by $0.06 or 28.2% for non-GAAP EPS, and reported GAAP revenue of $628 million, also above estimates.
Dnow Inc. (NYSE: DNOW), a prominent provider of energy and industrial products, has risen 11% year-to-date, surpassing the S&P 500's 5% increase. Following the company's announcement of a $1.5 billion all-stock acquisition of energy infrastructure counterpart MRC Global Inc. (NYSE: MRC), investor interest has intensified, a move that could potentially transform the energy supply chain sector.
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MRC Global Inc. (NYSE: MRC) to DNOW Inc. (NYSE: DNOW). Under the terms of the proposed transaction, shareholders of MRC will receive 0.9489 shares of DNOW for each share of MRC that they own. KSF i...
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