The Technical Signals Behind (MRC) That Institutions Follow
This article provides a technical analysis of Mrc Global Inc. (NYSE: MRC), detailing institutional trading strategies generated by AI models. It outlines position, momentum breakout, and risk hedging strategies, along with multi-timeframe signal analysis indicating support and resistance levels. The content promotes access to real-time signals, risk management tools, and personalized stock tracking via a free account.
The Truth About MRC Global Inc: Is This ‘Boring’ Stock Quietly Leveling Up Your Portfolio?
This article examines MRC Global Inc. (MRC), a global distributor of pipes, valves, and fittings for the energy and industrial sectors, as a potentially overlooked investment. It highlights the company's business model, price performance tied to cyclical energy markets, and efforts to maintain financial health, suggesting it could be a "quiet game-changer" for long-term, fundamentals-first investors seeking real-economy exposure. The analysis distinguishes MRC as a "grindshot" rather than a "moonshot" investment, suitable for those preferring stability and cash flow over viral hype.
Understanding Momentum Shifts in (MRC)
This article from Stock Traders Daily analyzes potential momentum shifts for Mrc Global Inc. (NYSE: MRC) using AI models. It outlines three distinct trading strategies catering to various risk profiles, focusing on entry zones, targets, and stop losses. The analysis also highlights AI-generated signals indicating support and resistance levels for MRC.
MRC Global Shares Cease Trading Following Acquisition Completion
MRC Global Inc. has been delisted from the NYSE following its acquisition by DNOW Inc. in an all-stock transaction valued at approximately $1.5 billion. The completion of this merger means MRC Global shareholders received 0.9489 shares of DNOW for each MRC Global share, and the combined entity now operates across over 350 global locations, with DNOW management projecting $70 million in annual cost synergies within three years. Prior to the merger, MRC Global reported a 12.1% revenue decline and adjusted earnings per share of $0.13 for Q3 2025, falling short of analyst estimates.
DNOW completes acquisition of MRC Global, MRC shares delisted from NYSE
DNOW Inc. has completed its acquisition of MRC Global Inc., resulting in MRC Global's delisting from the NYSE and cessation of public trading. The transaction valued MRC Global at an opportune valuation for DNOW, converting MRC Global shares into DNOW common stock. This merger also led to leadership changes, the payoff of MRC Global's credit agreements, and special bonuses for some executives.
DNOW Completes Combination with MRC Global
DNOW Inc. announced it has completed the acquisition of MRC Global Inc., creating a premier solutions provider for energy and industrial markets. This all-stock transaction converts each MRC Global share into 0.9489 DNOW shares, with MRC Global ceasing NYSE listing and reporting obligations. The combined entity is expected to deliver significant strategic, operational, and financial benefits, including $70 million in annual cost synergies within three years.
MRC Global Announces Third Quarter 2025 Results
MRC Global Inc. announced its financial results for the third quarter of 2025, reporting a 15% decrease in sales to $678 million and a net loss of $9 million, primarily due to challenges from a new ERP system implementation in its U.S. segment. Despite these setbacks, the company anticipates normalization as ERP issues are resolved and projects improved performance and cash flow for 2026, alongside a pending merger with DNOW Inc.
MRC Global Announces Third Quarter 2025 Results
MRC Global Inc. announced its third quarter 2025 results, reporting sales of $678 million, a 15% decrease sequentially, and a net loss from continuing operations of $9 million. The company attributed these challenges primarily to the implementation of a new ERP system in its U.S. segment. Despite these setbacks, MRC Global anticipates sequential revenue growth in Q4 2025 as operational levels normalize and looks forward to closing its merger with DNOW Inc.
MRC Global (NYSE:MRC) Misses Q3 Sales Expectations
MRC Global (NYSE:MRC) reported its Q3 CY2025 financial results, missing Wall Street's revenue and earnings expectations. The company's sales fell 12.1% year-on-year to $678 million, and its non-GAAP profit per share was significantly below consensus estimates due to challenges with a new ERP system implementation. Despite these setbacks and a softened quarter, analysts anticipate a revenue growth of 15.1% over the next 12 months, suggesting potential improvement fueled by newer products and services.
MRC GLOBAL INC. SEC 10-Q Report
MRC Global Inc. has released its Q3 2025 Form 10-Q report, detailing a decline in sales and a net loss compared to the previous year, attributed to lower demand and increased expenses. Despite the financial downturn, the company highlighted its diverse revenue segments, U.S. market strength, and the anticipated merger with DNOW Inc. in Q4 2025, which is expected to enhance its market position. The report also mentioned the ongoing implementation of a new ERP system to improve operational efficiency.
DNOW Reveals Leadership Team for Post-Merger Company - Industrial Distribution
DNOW has announced the leadership team for the combined company following its pending merger with MRC Global, leveraging talent from both firms. David Cherechinsky will serve as President and CEO, and Mark Johnson as SVP and CFO. The team aims to create a premier solutions provider for energy and industrial markets, focusing on growth, customer service, and maximizing shareholder value.
3 Value Stocks with Warning Signs
This article identifies three value stocks, MRC Global (MRC), Winnebago (WGO), and Silgan Holdings (SLGN), that appear cheap but face underlying fundamental issues. StockStory provides reasons to be wary of these companies, citing challenges like flat sales, declining EPS, waning returns on capital, and poor cash flow margins. The article also suggests alternative "Market-Beating Stocks" for investors.
DNow unveils future leadership team for combined company after $1.5 billion MRC Global acquisition
DNow has announced its future leadership team for the combined entity following its $1.5 billion acquisition of MRC Global. The new team will comprise executives from both DNow and MRC Global, with DNow Inc. CEO David Cherechinsky continuing in his role. The merger is anticipated to finalize in the fourth quarter.
DNOW Inc. and MRC Global Inc. Announces Executive Appointments for Combined Company - MarketScreener
DNOW Inc. and MRC Global Inc. announced the future leadership team for their combined company, effective upon transaction completion. The team will consist of leaders from both companies, bringing expertise in customer service, operations, and supply chain management. David Cherechinsky will serve as President and CEO, and Mark Johnson as Senior Vice President and CFO.
Dnow announces future leadership upon merger with MRC Global - TipRanks
Dnow (DNOW) announced the future leadership team for the combined company upon its merger with MRC Global (MRC). David Cherechinsky will serve as President and CEO, and Mark Johnson will be Senior Vice President and CFO. The merger, which has received DNOW and MRC Global shareholder approval, is expected to close in the fourth quarter of 2025, pending regulatory clearances.
DNOW announces leadership team for upcoming MRC Global merger By Investing.com - Investing.com Australia
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MRC Global Inc. $MRC Shares Sold by Pzena Investment Management LLC - Defense World
Pzena Investment Management LLC reduced its stake in MRC Global Inc. Meanwhile, other institutional investors increased their holdings, indicating mixed sentiment. Analysts have provided varied ratings for MRC shares, with some upgrading to "hold" and others downgrading to "neutral."
DNOW Announces Future Leadership Team for Combined Company
DNOW Inc. announced its future leadership team, effective upon the completion of its pending transaction with MRC Global Inc. The team, composed of leaders from both companies, will be led by DNOW President and CEO David Cherechinsky and CFO Mark Johnson. This leadership is set to guide the integration, drive synergy, and achieve sustainable long-term growth for the combined entity.
MRC Global Inc. Announces Q2 2025 Results Release Date and Conference Call Update
MRC Global Inc. will release its second quarter 2025 financial results on August 6, 2025, before market opening. The company will not hold a conference call or webcast due to its pending combination with DNOW Inc. MRC Global, a leading global distributor of pipe, valves, and fittings, will provide key financial information through this release.
DNOW acquires MRC Global in $1.5B all-stock deal, expands global reach
DNOW Inc. has agreed to acquire MRC Global in a $1.5 billion all-stock transaction, creating a major energy and industrial solutions provider. The combined company, which will be named DNOW and headquartered in Houston, will have an expanded footprint of over 350 service and distribution centers across more than 20 countries. This merger aims to diversify product offerings, fortify long-term profitability, and enhance service for energy, gas utility, and industrial customers.
DNOW and MRC Global to Combine in All-Stock Transaction Creating a Premier Energy and Industrial Solutions Provider
DNOW Inc. and MRC Global Inc. announced an all-stock merger valued at approximately $1.5 billion, including MRC Global’s net debt, to form a premier energy and industrial solutions provider. The combination will create a global entity with over 350 service locations across more than 20 countries, leveraging both companies' expertise to serve energy, gas utility, and industrial customers. The transaction, unanimously approved by both boards, is expected to generate $70 million in annual cost synergies within three years and be accretive to Adjusted EPS in the first year.
DNOW to Acquire MRC Global
DNOW announced its intention to acquire MRC Global in an all-stock transaction valued at approximately $1.5 billion, merging two leading Houston-based distributors of pipe, valves, and fittings for industrial and energy sectors. The combined entity will have over 350 service and distribution centers, a global workforce of 5,000 across 20 countries, and expects to achieve $70 million in cost synergies within three years. DNOW President and CEO David Cherechinsky will lead the merged company, which aims to enhance growth and expand its market footprint.
Major Energy Merger: DNOW's $1.5B MRC Global Acquisition Creates $3B Industry Powerhouse
DNOW Inc. announced its acquisition of MRC Global in an all-stock transaction valued at approximately $1.5 billion, including MRC Global’s net debt. This merger will create a premier energy and industrial solutions provider with an enterprise value of about $3.0 billion, aiming to expand scale, diversify offerings, and generate $70 million in annual cost synergies. The combined company, which will operate under the DNOW brand, expects to achieve significant financial and operational benefits, including robust cash flow generation and a strong balance sheet.
MRC Global Selling Canada Unit to Emco
MRC Global announced it is selling its Canada-based operations to Emco Corporation to refocus its strategy on core geographies and products with high growth potential. The sale is expected to close in the first half of 2025, with proceeds intended for debt reduction. MRC Global anticipates the divestiture will improve its adjusted gross margins and adjusted EBITDA margins.
MRC Global Announces Sale of Canada Business
MRC Global Inc. announced the sale of its Canadian operations to Emco Corporation, a move expected to reposition its strategic focus and improve adjusted gross and EBITDA margins. The sale is anticipated to result in a pre-tax, non-cash loss of approximately US $25 million in Q4 2024 and is expected to close in the first half of 2025, with proceeds used for debt reduction. MRC Global expressed appreciation for its Canada team members and believes Emco will provide a good future for employees and customers.
MRC Global 3Q Sales Slide, Margin Narrows
MRC Global reported a decline in 3Q sales and narrowing margins for 2024, with sales down 4% year-over-year to $797 million. Despite the downturn, the company announced a new board chair and revised its full-year operating cash flow guidance upward to $220 million or more, following strategic financial moves. These actions, including a $350 million term loan B, are expected to be accretive to earnings and cash flow in 2025 and beyond.
MRC Global Elects Deborah Adams as Board Chair
MRC Global Inc. (NYSE: MRC) announced the election of Deborah G. (Debbie) Adams as its new Board Chair, effective immediately, succeeding Robert L. Wood. Ms. Adams, who joined the board in 2017 and chaired the Compensation & Human Capital Committee since 2022, brings extensive experience in the energy industry to her new role. The company leadership expressed confidence that her deep knowledge will benefit MRC Global's strategy and market positioning.
MRC Global Announces Actions to Strengthen Its Capital Structure
MRC Global announced plans to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock from Mario Investments, LLC for approximately $361 million. This repurchase will be financed through a new $350 million Term Loan B and existing cash or ABL facility borrowings, alongside an amendment to extend the ABL facility's term. The company also provided preliminary third-quarter 2024 financial results, including $797 million in revenue and $48 million in Adjusted EBITDA.
Engine Capital Nominates Brad Favreau and Daniel Silvers for Election to MRC Global’s Board of Directors
Engine Capital, a significant shareholder of MRC Global Inc., has nominated Brad Favreau and Daniel Silvers for election to MRC Global’s Board of Directors. Engine Capital expressed disappointment with MRC Global's resistance to their input, citing concerns about the company's underperformance, ongoing dispute with its Preferred Stockholder, and a risky M&A strategy. The hedge fund hopes to work constructively with the Board to resolve issues and prioritize investor interests.
Pipe and fittings distributor MRC Global explores potential sale
MRC Global, a Houston-based pipe and fittings distributor, is reportedly exploring a potential sale after facing pressure from activist investor Engine Capital. The company, which provides products to various end-markets including utilities and energy, is working with financial advisers and has attracted interest from private equity firms. This exploration comes amidst a 17% stock drop this year and calls from Engine Capital for a sale, despite no final decision being made.
MRC Forecast — Price Target — Prediction for 2026
This article provides the forecast and price target for MRC Global Inc. (MRC) for 2026, based on analyst ratings. It details EPS and revenue forecasts for upcoming quarters, along with a 1-year price target of 15.67 USD. Key financial performance figures and expected future estimates are presented to inform investors.
Report: MRC Global Highlights Environmental Efforts
MRC Global published its 2022 Environmental, Social Responsibility & Corporate Governance Report, outlining its mission to participate in the energy transition, minimize greenhouse gases, and develop a diverse workforce. The company enhanced its internal ESG Committee with executive-level leaders and appointed its first vice president of ESG to drive these initiatives. Key accomplishments include aligning ESG goals with UN Sustainable Development Goals, increasing renewable electricity use to 44%, and reducing global fleet carbon emissions by 10%.
MRC Global Reports Full Year and Fourth Quarter 2021 Results and 2022 Outlook
MRC Global announced its full year and fourth quarter 2021 results, reporting a net loss but significant improvements in adjusted metrics and sales growth across most segments. The company also provided a positive outlook for 2022, targeting over $3 billion in revenue and $190 million in adjusted EBITDA, driven by expected double-digit revenue growth in its U.S. end-market sectors. Financial highlights include increased sales, improved adjusted EBITDA, and reduced debt, demonstrating a strong recovery and strategic focus.
MRC Global Appoints Rob Saltiel as CEO
MRC Global Inc. has appointed Rob Saltiel as its new president and CEO, effective March 15, succeeding Andrew Lane. Saltiel, who will also join the company's board, brings extensive experience from the energy sector, having previously served as CEO of two public companies. He expressed his honor and commitment to building on MRC Global's strong foundation for the benefit of all stakeholders.
How a Century of Moments Built MRC Global
This article chronicles the 100-year history of MRC Global, a leading PVF distributor, tracing its evolution from Jerry McJunkin's initial company in 1921 to its current global presence. It highlights key moments like mergers, strategic acquisitions, and investments in technology like the Houston Operations Complex and the MRCGO e-commerce platform. The article emphasizes how the company has adapted to industry changes, customer needs, and economic cycles, positioning itself for future success under new leadership.
MRC Global marks its centennial more with relief than revelry
MRC Global, a leading distributor of pipe, valves, and fittings to the energy industry, is celebrating its centennial with a new CEO and a sense of optimism after a challenging year. The company recorded a significant loss in 2020 due to plunging oil prices and the pandemic but is now seeing improvements. They are also preparing for the industry's shift towards alternative energy sources.
MRC Global announces new President and CEO
MRC Global has announced the appointment of Rob Saltiel as its new President and CEO, effective March 15, 2021, succeeding Andrew Lane, who is retiring. Saltiel brings extensive experience in the energy sector and will lead the company's growth as it celebrates its 100th anniversary. The board thanked Andrew Lane for his over 12 years of service, during which he transformed the company into a global distribution leader and guided it through significant challenges.
MRC Global Names New CEO
MRC Global announced Rob Saltiel as its new President and Chief Executive Officer, succeeding Andrew Lane, effective March 15. Lane, who has been CEO since 2008, is retiring after leading the company through significant growth and challenges. Saltiel brings extensive experience in the energy sector and plans to build on the company's strong foundation.
MRC Global Announces Second Quarter 2020 Results
MRC Global Inc. announced its second quarter 2020 results, reporting sales of $602 million, a significant decline from both the previous quarter and the prior year, largely due to the COVID-19 pandemic and lower commodity prices. The company experienced a net loss of $287 million, which included substantial pre-tax charges, but highlighted efforts to reduce operating costs, generate cash from operations, and decrease net debt. MRC Global also discussed the impact of the pandemic across its segments and sectors, the challenges in the oil and gas industry, and ongoing measures to ensure employee safety and operational continuity.
MRC Global Announces Q2 2020 Earnings Release and Conference Call Schedule
MRC Global Inc. announced its Q2 2020 earnings will be released on July 28 after market close. The company will host a webcast conference call on July 29 at 10 a.m. ET to discuss the results, with replay information available until August 12.
CEO of Houston-based energy infrastructure co. to retire
Andrew Lane, President and CEO of MRC Global, announced his retirement effective December 31, 2021. He will also resign from the company's board of directors. His retirement will coincide with the company's 100-year anniversary and his 13th year as CEO.
Process Equipment Distributor Relevant Industrial Announces New CEO
Relevant Industrial has appointed John Carte as its new Chief Executive Officer. Carte, who previously held executive roles at MRC Global, Eads Distribution, and FCX Performance, brings over 30 years of industrial distribution experience to the company. Former CEO Ben Andrews will transition to an executive board member role, working directly with Carte to ensure a smooth leadership transition.
M&A in a Cyclical Oil Market: MRC Global CFO James Braun
James Braun, CFO of MRC Global, discusses the company's M&A strategies, particularly in the cyclical oil market, and his role in integrating international acquisitions. He also shares insights into the challenges and leadership skills required to take a private company public, emphasizing the importance of strong finance department involvement and effective communication with the investment community. Braun highlights how market downturns can create growth opportunities through deepened customer relationships and flexible operational adjustments.
MRC Global Elects Deborah Adams to the Board of Directors
MRC Global Inc. announced the election of Deborah G. Adams to its Board of Directors. Ms. Adams brings over 30 years of management and operational experience from Phillips 66 and its predecessor companies, with a strong focus on midstream and downstream energy sectors. She will also serve on the Audit and Compensation Committees of the Board.
MRC Global Elects Barbara Duganier to the Board of Directors
MRC Global Inc. announced the election of Barbara J. Duganier to its Board of Directors. Duganier brings extensive experience from Accenture and Arthur Andersen, where she held various leadership roles, including global chief strategy officer and global CFO for Andersen Worldwide. She will also serve on MRC Global's Audit Committee, qualifying as a financial expert and independent director.
These Charts Show How Many Oil Jobs Have Been Lost in 2015
This article details the significant job losses in the oil industry in 2015 due to falling oil prices, totaling 150,000 jobs by August 2. It breaks down the layoffs by sector, highlighting the oil field services, exploration and production (E&P), and manufacturing sectors, and provides specific company layoff numbers and financial impacts. The article concludes that layoffs will likely continue as companies struggle to recover from the downturn.
