tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MRC Global Awaits Finalization of DNOW Merger

Story Highlights
MRC Global Awaits Finalization of DNOW Merger

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

MRC Global ( (MRC) ) has issued an update.

On June 26, 2025, MRC Global Inc. entered into a Merger Agreement with DNOW Inc., involving a series of mergers resulting in MRC Global becoming a wholly-owned subsidiary of DNOW. As of November 3, 2025, all necessary regulatory approvals have been received, but the closing of the transactions is still pending the fulfillment of customary closing conditions.

The most recent analyst rating on (MRC) stock is a Hold with a $14.00 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 Neutral.

MRC Global’s overall stock score is primarily impacted by its financial performance challenges, including declining revenue growth and profitability issues. Technical analysis indicates a lack of strong momentum, and valuation metrics highlight potential profitability concerns with a negative P/E ratio. The absence of a dividend yield further limits investor appeal.

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

More about MRC Global

Average Trading Volume: 669,725

Technical Sentiment Signal: Buy

Current Market Cap: $1.19B

Learn more about MRC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1