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26.06.25 - 22:33
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DNOW and MRC Global to Combine in All-Stock Transaction Creating a Premier Energy and Industrial Solutions Provider (Business Wire)
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Combination Greatly Expands the Scale and Scope of Complementary Products, Services and Supply Chain Solutions
Diversified Business Portfolio Serving Attractive Global Markets to Drive Long-Term Sustainable Growth
Expected to Realize $70 Million of Annual Cost Synergies Within Three Years of Closing
Anticipated to be Meaningfully Accretive to Adjusted Earnings Per Share (EPS) in First Year Following Closing
Companies to Host Investor Conference Call Today at 5:15 p.m. ET / 4:15 p.m. CTHOUSTON--(BUSINESS WIRE)--DNOW Inc. (NYSE: DNOW) (“DNOW” or “the Company”) and MRC Global Inc. (NYSE: MRC) (“MRC Global”) today announced that they have entered into a definitive merger agreement pursuant to which DNOW will acquire MRC Global in an all-stock transaction valued at approximately $1.5 billion, inclusive of MRC Global's net debt, creating a premier energy and industrial solutions provider.
The combination brings together two global energy and industrial infrastructure organizations with a complement...
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07.05.25 - 12:48
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DNOW Reports First Quarter 2025 Results (Business Wire)
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Earnings Conference Call
May 7, 2025
8:00 a.m. CT
1 (888) 660-6431 (within North America)
1 (929) 203-2118 (outside North America)
Access Code: 7372055
Webcast: ir.dnow.com
HOUSTON--(BUSINESS WIRE)--DNOW Inc. (NYSE: DNOW) announced results for the first quarter ended March 31, 2025.
Recent Capital Allocation Actions
Repurchased $8 million of common stock in the first quarter of 2025, and $16 million year-to-date, under the $160 million share repurchase program authorized this year
Completed acquisition of Natron International Pte. Ltd in April, headquartered in Singapore, which expands our electrical supply capabilities under the MacLean International brand in the Asia Pacific region, serving traditional and renewable energy, infrastructure and other commercial and industrial end-markets
Financial Highlights
Revenue was $599 million for the first quarter of 2025
Net income attributable to DNOW Inc. was $22 million, or $0.20 per diluted share, for the first quarter of 2025
Non-GAAP net income attributable ...
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24.04.25 - 12:51
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DNOW Announces First Quarter 2025 Earnings Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--DNOW Inc. (NYSE: DNOW) has scheduled a conference call to discuss the results for the first quarter of 2025 on Wednesday, May 7, 2025 at 8:00 am (US Central Time). Financial results for the first quarter ending March 31, 2025 are expected to be released that morning before the market opens.
The call will be broadcast through the Investor Relations link on DNOW's web site at ir.dnow.com on a listen-only basis. Listeners should log in prior to the start of the call to register for the webcast. A replay of the call will be available online for thirty days following the conference. Participants may also join the conference call by dialing 1-888-660-6431 within North America or 1-929-203-2118 outside of North America, Access Code: 7372055, fifteen minutes prior to the scheduled start time and asking for the “DNOW Earnings Conference Call.”
DNOW is a supplier of energy and industrial products and packaged, engineered process and production equipment with a legacy of over 160 years...
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13.02.25 - 12:48
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DNOW Reports Fourth Quarter and Full-Year 2024 Results (Business Wire)
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Earnings Conference Call
February 13, 2025
8:00 a.m. CT
1 (800) 715-9871 (within North America)
1 (646) 307-1963 (outside North America)
Access Code: 7372055
Webcast: ir.dnow.comHOUSTON--(BUSINESS WIRE)--DNOW Inc. (NYSE: DNOW) announced results for the fourth quarter and full-year ended December 31, 2024.
Recent Capital Allocation Actions
Announced a new $160 million share repurchase authorization, double the size of the share repurchase program successfully completed in 2024
Completed acquisition of Trojan Rentals, LLC in the fourth quarter of 2024, for $114 million in cash, enhancing our pump rental offering and industrial automation capabilities in the water transfer and management space
Financial Highlights
Cash provided by operating activities was $122 million for the fourth quarter of 2024 and $298 million for the full-year 2024
Revenue was $571 million for the fourth quarter of 2024 and $2,373 million for the full-year 2024
Net income attributable to DNOW Inc. was $23 million, or $0.21 per diluted ...
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