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DNOW Inc. (NYSE: DNOW) serves as a critical hub for energy and industrial supply chain solutions, combining 160+ years of distribution expertise with cutting-edge DigitalNOW technologies. This news center provides stakeholders with essential updates spanning financial disclosures, operational developments, and strategic partnerships.
Investors and industry professionals will find comprehensive coverage of earnings announcements, product innovations, and market expansion initiatives. Our curated news stream includes verified updates on DNOW's quality management advancements, digital solution deployments, and supply chain optimization efforts across upstream, midstream, and downstream energy sectors.
The repository features timely information on strategic acquisitions, technology partnerships, and sustainability initiatives, reflecting DNOW's role in shaping industrial distribution standards. All content undergoes rigorous verification to ensure accuracy and relevance for decision-makers.
Bookmark this page for direct access to DNOW's official communications and third-party analyses. Regular updates provide insights into how the company's ISO 9001-certified operations and digital commerce platforms continue redefining industrial supply chain efficiency.
DNOW Inc. (NYSE:DNOW) has announced its third quarter 2024 earnings conference call, scheduled for Thursday, November 7, 2024, at 8:00 am (US Central Time). The company plans to release its financial results for the quarter ending September 30, 2024, before the market opens on the same day. The call will be accessible through DNOW's Investor Relations website and via phone.
DNOW is a global supplier of energy and industrial products, as well as packaged, engineered process and production equipment. With a 160-year legacy and approximately 2,550 employees worldwide, the company offers supply chain solutions and digital services through its DigitalNOW® platform. DNOW serves various industries, including exploration and production, midstream, refineries, chemical companies, utilities, mining, and companies in the decarbonization, energy transition, and renewables sectors.
DNOW Inc. (NYSE: DNOW) reported its second quarter 2024 results, highlighting revenue of $633 million and net income of $24 million ($0.21 per diluted share). Non-GAAP net income excluding other costs was $28 million ($0.25 per diluted share). The company achieved EBITDA excluding other costs of $50 million, representing 7.9% of revenue. DNOW generated $21 million in cash from operating activities for the quarter and $211 million for the trailing four quarters. The company repurchased $10 million of common stock and maintained a strong financial position with $197 million in cash, zero long-term debt, and total liquidity of approximately $579 million. CEO David Cherechinsky expressed satisfaction with the company's growth and execution of its strategy in a challenging market.
DNOW (NYSE:DNOW) has announced a conference call scheduled for August 7, 2024, at 8:00 am (US Central Time), to discuss its second quarter 2024 results. The financial results will be released on the morning of the same day before market opening. The call will be accessible via DNOW's Investor Relations webpage and a replay will be available for thirty days post-conference. Participants can join the call by dialing the provided numbers and using the access code 7372055. DNOW, a global supplier of energy and industrial products, offers a range of supply chain solutions and digital offerings through DigitalNOW®. The company has a presence in multiple sectors including oil, gas, utilities, and renewables.
DNOW Inc. (NYSE: DNOW) reported their first quarter 2024 results, showcasing impressive financial performance. The company generated $81 million in cash from operating activities and $563 million in revenue. Net income attributable to DNOW Inc. was $21 million, or $0.19 per diluted share. EBITDA reached $39 million, and the company completed the acquisition of Whitco Supply for $185 million in cash, bolstering their capabilities in the U.S. midstream market. With a debt-free balance sheet, $188 million in cash, and total liquidity of approximately $564 million, DNOW's CEO is optimistic about the company's future growth prospects, upgrading their 2024 full-year revenue outlook to a mid-to-high single-digit percentage range.
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