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DNOW Inc. Announces Merger with MRC Global

Story Highlights
  • DNOW and MRC Global merge to form a major energy and industrial solutions provider.
  • The merger is expected to generate $70 million in synergies and boost earnings in the first year.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DNOW Inc. Announces Merger with MRC Global

Elevate Your Investing Strategy:

Now ( (DNOW) ) just unveiled an update.

On June 26, 2025, DNOW Inc. announced a merger agreement with MRC Global Inc. in an all-stock transaction valued at approximately $1.5 billion, creating a leading energy and industrial solutions provider. The merger, expected to close in the fourth quarter of 2025, will expand the combined company’s scale and scope, offering complementary products and services across more than 350 locations in over 20 countries. The transaction, which has received unanimous board approval from both companies, is anticipated to generate $70 million in annual cost synergies within three years and be accretive to adjusted earnings per share in the first year. The merger aims to enhance growth opportunities, strengthen customer relationships, and improve cash flow generation, positioning the combined entity for long-term sustainable growth.

The most recent analyst rating on (DNOW) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Now stock, see the DNOW Stock Forecast page.

Spark’s Take on DNOW Stock

According to Spark, TipRanks’ AI Analyst, DNOW is a Outperform.

DNOW’s overall stock score is driven by its strong financial management and cautiously optimistic earnings outlook. The solid balance sheet and cash flow position are major strengths, but declining profitability and bearish technical indicators are key concerns. The valuation is reasonable, though not a standout in the current market environment.

To see Spark’s full report on DNOW stock, click here.

More about Now

DNOW Inc. and MRC Global Inc. are companies operating in the energy and industrial solutions sector, providing a range of products, services, and supply chain solutions. They serve global markets with a focus on energy, gas utility, and industrial customers.

Average Trading Volume: 949,266

Technical Sentiment Signal: Hold

Current Market Cap: $1.54B

For detailed information about DNOW stock, go to TipRanks’ Stock Analysis page.

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