Welcome to our dedicated page for Mrc Global news (Ticker: MRC), a resource for investors and traders seeking the latest updates and insights on Mrc Global stock.
This page provides a historical news archive for MRC Global Inc. (former NYSE: MRC), a Houston, Texas-based distributor of pipe, valves, fittings (PVF) and other infrastructure products and services. The company’s releases describe a focus on diversified end-markets, including gas utilities, downstream, industrial and energy transition (DIET), and production and transmission infrastructure (PTI) sectors.
News items for MRC Global cover several recurring themes. Earnings releases detail quarterly performance from continuing operations, including sales trends by segment (U.S. and International) and by sector (Gas Utilities, DIET and PTI). These reports often explain how factors such as upstream and midstream activity, project timing, capital budgets and ERP system implementations affected revenues, margins, backlog and cash flow.
Another major category of news relates to strategic transactions. On June 26, 2025, DNOW Inc. and MRC Global announced a definitive merger agreement under which DNOW would acquire MRC Global in an all-stock transaction valued at approximately $1.5 billion, inclusive of MRC Global’s net debt. Subsequent releases and SEC-related communications describe shareholder approvals, regulatory milestones and expectations for closing. Later, a Form 8-K dated November 6, 2025, confirms completion of the acquisition and the conversion of MRC Global shares into DNOW shares.
Investors and researchers using this news archive can review how MRC Global communicated about its sector mix, backlog developments, share repurchase program, sale of its Canada business, and the operational impact of its U.S. enterprise resource planning (ERP) system implementation. Because MRC Global has since been acquired and delisted, these articles serve as a record of the company’s final periods as an independent public distributor in the energy and industrial supply chain.
MRC Global Inc. announced its first quarter 2024 results, revealing a net income of $13 million, a decrease from the previous year, with adjusted net income at $17 million. Gross profit was $163 million, with sales of $806 million showing a 5% improvement from the previous quarter. The company's commitment to capital returns and cash generation resulted in positive EBITDA margins and strong cash flow. While SG&A expenses increased, the company maintained a solid balance sheet and low debt levels.
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