Now Inc Stock Price, News & Analysis

DNOW (NYSE:DNOW) reported third-quarter 2025 results and disclosed a definitive merger agreement to acquire MRC Global (NYSE:MRC) in an all-stock transaction valued at approximately $1.5 billion, expected to close in the fourth quarter of 2025, subject to closing conditions.

Key Q3 2025 results: Revenue $634 million; net income attributable to DNOW $25 million, or $0.23 per diluted share; non-GAAP net income $28 million, or $0.26 per diluted share; EBITDA excluding other costs $51 million (8.0% of revenue). Cash from operations was $43 million. Balance sheet: $266 million cash, $0 long-term debt, and total liquidity of approximately $629 million. DNOW forecasts 2025 as its fifth consecutive year of growth and its best full-year EBITDA as a public company.

DNOW (NYSE: DNOW) scheduled its 3Q 2025 earnings conference call for Wednesday, November 5, 2025 at 8:00 AM CT. Financial results for the quarter ended September 30, 2025 are expected to be released that morning before market open.

The call is a listen-only webcast via the investor relations site at ir.dnow.com; listeners should register before the start. Telephone access is available at 1-888-660-6431 (North America) or 1-929-203-2118 (international), Access Code 7372055. A replay will be available online for 30 days. Investor contact: Mark Johnson, Senior VP & CFO, (281) 823-4754.

DNOW (NYSE: DNOW) announced the future leadership team for the combined company upon completion of its pending all‑stock transaction with MRC Global (NYSE: MRC).

Key facts: the deal was agreed June 26, 2025 and is valued at approximately $1.5 billion; the transaction is on track to close in Q4 2025, having received both companies' shareholder approval but remains subject to remaining regulatory clearances and customary closing conditions. David Cherechinsky will serve as President and CEO of the combined company and Mark Johnson will be Senior VP and CFO. The leadership slate names executives responsible for North America, U.S. and international sales and operations, supply chain, legal, HR/IT, digital strategy and accounting.

DNOW Inc. (NYSE: DNOW) reported strong Q2 2025 results and announced a major strategic merger with MRC Global. The company achieved revenue of $628 million, up 5% sequentially, with net income of $25 million ($0.23 per diluted share). EBITDA excluding other costs reached $51 million (8.1% of revenue), marking their best second-quarter EBITDA as a public company.

The highlight was the announcement of a $1.5 billion all-stock merger agreement with MRC Global, expected to close in Q4 2025. The company maintained strong financials with $232 million in cash, zero long-term debt, and total liquidity of $582 million. Management reaffirmed their full-year 2025 guidance, targeting $150 million in free cash flow.

The company continued its shareholder return program, repurchasing $19 million of common stock in Q2 2025 and $27 million year-to-date.

DNOW Inc. (NYSE: DNOW) has scheduled its second quarter 2025 earnings conference call for August 6, 2025 at 8:00 am Central Time. The company will release its Q2 2025 financial results before market opening on the same day.

The earnings call will be accessible through DNOW's investor relations website and via telephone. North American participants can dial 1-888-660-6431, while international callers should use 1-929-203-2118 with access code 7372055.

DNOW operates as a supplier of energy and industrial products with a 160-year legacy, employing approximately 2,575 people. The company offers supply chain solutions and digital services through its DigitalNOW® platform, serving various sectors including exploration and production, midstream, refineries, and renewable energy markets.

DNOW (NYSE:DNOW) and MRC Global (NYSE:MRC) have announced a definitive merger agreement in an all-stock transaction valued at $1.5 billion, creating a premier energy and industrial solutions provider. MRC Global shareholders will receive 0.9489 shares of DNOW common stock for each MRC share, representing an 8.5% premium.

The combined company will have an enterprise value of $3.0 billion, with DNOW shareholders owning 56.5% and MRC Global shareholders owning 43.5%. The merger is expected to generate $70 million in annual cost synergies within three years and achieve double-digit Adjusted EPS accretion in the first year post-closing. The transaction is anticipated to close in Q4 2025.

DNOW (NYSE: DNOW) reported strong Q1 2025 financial results with revenue of $599 million, representing a 5% sequential growth. The company posted net income of $22 million ($0.20 per diluted share), while non-GAAP net income excluding other costs was $24 million ($0.22 per diluted share). EBITDA excluding other costs reached $46 million, or 7.7% of revenue.

The company maintains a robust financial position with $219 million in cash and zero long-term debt, providing total liquidity of approximately $567 million. DNOW has actively pursued capital allocation initiatives, including $8 million in share repurchases during Q1 2025 ($16 million year-to-date) under its new $160 million program. Additionally, DNOW completed the acquisition of Natron International in Singapore, expanding its MacLean International brand's electrical supply capabilities in Asia Pacific.

DNOW Inc. (NYSE: DNOW) has announced its upcoming first quarter 2025 earnings conference call, scheduled for May 7, 2025 at 8:00 am Central Time. The financial results for Q1 2025 ending March 31 will be released before market opening.

The earnings call will be accessible through DNOW's Investor Relations website at ir.dnow.com, with dial-in options available (1-888-660-6431 North America, 1-929-203-2118 international, Access Code: 7372055). A thirty-day replay will be available online.

DNOW operates as a supplier of energy and industrial products, serving various sectors including exploration and production, midstream, refineries, and renewables. The company employs approximately 2,575 people and offers digital commerce solutions through its DigitalNOW® platform.

DNOW (NYSE: DNOW) reported strong financial results for Q4 and full-year 2024. The company announced a new $160 million share repurchase authorization, doubling its previous program, and completed the acquisition of Trojan Rentals for $114 million.

Key financial highlights include: Q4 revenue of $571 million and full-year revenue of $2,373 million; Q4 net income of $23 million ($0.21 per diluted share) and full-year net income of $81 million ($0.74 per diluted share). Operating cash flow reached $122 million in Q4 and $298 million for the full year. The company achieved Q4 EBITDA of $45 million (7.9% of revenue) and full-year EBITDA of $176 million (7.4% of revenue).

DNOW maintains a strong financial position with $256 million in cash, zero long-term debt, and total liquidity of approximately $556 million.