New activity is brewing for MRC Global ( (MRC) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.
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On June 26, 2025, MRC Global Inc. and DNOW Inc. entered into a merger agreement, which involves MRC Global merging with subsidiaries of DNOW. This merger, anticipated to be completed following stockholder approvals, will result in MRC Global stockholders owning approximately 43.5% of the combined company. The merger is expected to enhance the market positioning of both companies by combining their resources and expanding their market reach. Special meetings for stockholders of both companies are scheduled for September 9, 2025, to vote on the merger proposals, which are crucial for the completion of the merger.
The most recent analyst rating on (MRC) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on MRC Global stock, see the MRC Stock Forecast page.
Spark’s Take on MRC Stock
According to Spark, TipRanks’ AI Analyst, MRC is a Outperform.
MRC Global’s overall stock score is driven by strong corporate events and positive technical analysis, offset by valuation challenges and mixed financial performance. The strategic merger and joint venture boost future prospects, while technical indicators suggest continued bullish momentum. However, financial and valuation concerns warrant cautious optimism.
To see Spark’s full report on MRC stock, click here.
More about MRC Global
MRC Global Inc. is a Delaware corporation primarily engaged in the distribution of pipe, valve, and fitting products and services to the energy and industrial sectors. The company focuses on providing solutions to the oil and gas industry, among other markets.
Average Trading Volume: 1,019,338
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.18B
See more insights into MRC stock on TipRanks’ Stock Analysis page.