MRC GLOBAL INC. (MRC)
MRC Global Inc. is a leading distributor of pipe, valve, and fitting products and services for the energy and industrial markets. The company supplies equipment and solutions primarily to the upstream, midstream, and downstream segments of the oil and natural gas industry, as well as other industrial sectors worldwide. MRC Global focuses on providing technical expertise, inventory management, and supply chain solutions to its customers.
Company News
Law firm Kahn Swick & Foti is investigating the proposed sale of MRC Global Inc. to DNOW Inc., questioning whether the transaction adequately values the company.
MRC Global reported Q2 2025 earnings with $798 million in revenue, beating analyst expectations, but experiencing margin contraction and a year-over-year decline in net income. The company is preparing for a merger with DNOW and focusing on digital transformation and supply chain efficiency.
MRC Global (MRC) benefits from its solid momentum in the DIET sector. However, weakness in Gas Utilities and PTI sectors remains concerning.
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