DNOW Inc., ("DNOW" or the "Company"), headquartered in Houston, Texas, was incorporated in Delaware on November 22, 2013. On June 2, 2014, DNOW stock began regular trading on the New York Stock Exchange under the ticker symbol "DNOW". We are a premier provider of energy and industrial solutions, serving as a global leader in the distribution of pipe, valves and fittings ("PVF"), and pumps, as well as in the fabrication, assembly and testing of process and production equipment. We provide a broad mix of quality products customers require to build and maintain essential infrastructure and operating equipment across the upstream, midstream, gas utilities, downstream, energy transition and industrial markets. We deliver a comprehensive range of value-added supply chain solutions and technical product expertise, supported by advanced digital offerings to customers globally.
On June 26, 2025, DNOW entered into an Agreement and Plan of Merger (the "Merger Agreement") with MRC Global Inc. ("MRC Global") in an all-stock transaction, inclusive of MRC Global’s debt. On November 6, 2025 (the "Closing Date"), DNOW completed its acquisition of MRC Global. See Note 20 "Acquisitions" of the Notes to Consolidated Financial Statements (Part IV, Item 15 of this Form 10-K) for additional information.
Following the acquisition, we continue to leverage the existing brand equity, reputation and customer loyalty of MRC Global, including its MRCGO digital commerce platform and established supply chain and distribution leadership, while operating under DNOW corporate stewardship.
We are a premier provider of energy and industrial solutions with a legacy of more than 160 years as a leading distributor of PVF, gas products, pumps, fabricated process and production equipment and a wide range of MRO consumables and related products. We operate across diversified sectors of the energy value chain and industrial end-markets, including:
Quoted from the business section of this company’s 10-K filed February 26, 2026. Read the filing