MRC Global

MRC Global

Distributes PVF products and services globally

Overview

Summary: 1) What does MRC Global do? It distributes pipe, valve, and fitting (PVF) products and related infrastructure items to customers in the energy, industrial, and gas utility sectors around the world. 2) How do its products work? It sources, stores, and sells a broad range of PVF and related products to builders, engineers, and maintenance teams, supporting the supply chain for energy and industrial projects. 3) How is it different from competitors? It combines a wide PVF catalog with global distribution and sector focus on energy and industrial markets, and it is expanding through an all-stock merger with DNOW to provide a larger, more comprehensive set of products and services. 4) What is the company’s goal? To become a larger, more capable provider of PVF products and services by growing through the merger and expanding its reach and offerings.

About MRC Global

Simplify's Rating
Why MRC Global is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1921

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Simplify's Take

What believers are saying

  • DNOW completed the MRC Global acquisition on November 6, 2025, expanding scale immediately.
  • DNOW projected $23 million first-year merger savings, 35% above target, by February 2026.
  • MRC Global's March 2026 workforce partnership strengthens recruiting in a tight industrial labor market.

What critics are saying

  • MRC Global's U.S. Oracle ERP failures disrupted orders and required over 200 extra staff.
  • A September 2026 securities class action targets DNOW's merger disclosures over MRC Global ERP failures.
  • Asbestos litigation naming MRC Global persists across 444 lawsuits, threatening cash and management attention.

What makes MRC Global unique

  • MRC Global built unmatched gas-utility PVF distribution relationships across North America.
  • Its San Jacinto College partnership deepens workforce pipelines with hands-on technical training.
  • The DNOW combination creates a broader energy-and-industrial distribution platform with complementary product reach.

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Funding

Total Funding

$1.5B

Above

Industry Average

Funded Over

4 Rounds

Merger funding comparison data is currently unavailable. We're working to provide this information soon!
Merger Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 4%

1 year growth

↑ 4%

2 year growth

↑ 4%
MarketBeat
Sep 25th, 2026
DNOW Inc. (NYSE:DNOW) receives average recommendation of "Moderate Buy" from brokerages.

DNOW Inc. (NYSE:DNOW) receives average recommendation of "Moderate Buy" from brokerages. September 25, 2026 Key points. * Analysts give DNOW a "Moderate Buy" consensus based on seven ratings, with three buys, one strong buy, two holds and one sell. The average 12-month price target is $18.20 versus a recent price of $15.91. * DNOW exceeded quarterly expectations, reporting $0.12 in earnings per share versus the $0.09 consensus and revenue of $1.31 billion, up 108.1% year over year. Analysts forecast full-year EPS of $0.34. * Legal and reputational risks remain an overhang as investors pursue securities class-action claims related to allegedly omitted information about MRC Global's ERP failures. Institutional investors own 97.63% of the stock, with BlackRock and Wellington among significant holders. * MarketBeat previews the top five stocks to own by October 1st. DNOW Inc. (NYSE:DNOW - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $18.20. A number of equities analysts recently commented on the company. Weiss Ratings restated a "sell (d+)" rating on shares of DNOW in a report on Monday, August 24th. Freedom Broker cut shares of DNOW from a "buy" rating to a "hold" rating and set a $18.00 target price for the company. in a research note on Thursday, September 10th. DA Davidson boosted their target price on shares of DNOW from $17.00 to $19.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Wall Street Zen upgraded shares of DNOW from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, Freedom Capital upgraded shares of DNOW to a "strong-buy" rating in a report on Monday, June 22nd. DNOW price performance. DNOW opened at $15.91 on Friday. The stock has a fifty day moving average price of $15.43 and a 200 day moving average price of $13.69. The company has a current ratio of 2.14, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23. DNOW has a 1 year low of $10.94 and a 1 year high of $17.26. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of -14.87 and a beta of 0.87. DNOW (NYSE:DNOW - Get Free Report) last issued its earnings results on Thursday, August 6th. The oil and gas company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. DNOW had a positive return on equity of 3.91% and a negative net margin of 4.58%.The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the firm posted $0.27 EPS. The business's revenue was up 108.1% compared to the same quarter last year. Analysts forecast that DNOW will post 0.34 EPS for the current fiscal year. Key DNOW news. Here are the key news stories impacting DNOW this week: * An investor-focused article argues that DNOW may be trading roughly 17% below estimated fair value and highlights an upcoming investor conference, which could improve visibility into the company's outlook and potential synergies. * Multiple law firms reiterated that investors who owned DNOW common stock on August 5, 2025 - the record date for the September 9, 2025 special meeting - may seek appointment as lead plaintiff in a securities class action. The deadline is October 2, 2026, with firms targeting investors reporting losses of more than $100,000. These notices largely repeat one another and do not represent a new company operating update. * The concentrated stream of investor alerts and class-action announcements creates a legal and reputational overhang for DNOW. The lawsuits allege securities-law violations and investor harm connected to allegedly omitted information regarding MRC Global enterprise-resource-planning (ERP) failures. The allegations have not been proven, but potential litigation costs, settlement exposure, and management distraction can weigh on investor sentiment. Hedge funds weigh in on DNOW. Several hedge funds have recently bought and sold shares of DNOW. BlackRock Inc. acquired a new stake in shares of DNOW in the second quarter worth about $374,942,000. Wellington Management Group LLP increased its holdings in shares of DNOW by 15.6% during the 2nd quarter. Wellington Management Group LLP now owns 19,513,068 shares of the oil and gas company's stock valued at $253,084,000 after acquiring an additional 2,633,894 shares during the last quarter. Engine Capital Management LP bought a new position in shares of DNOW in the 1st quarter valued at approximately $61,525,000. First Trust Advisors LP raised its stake in shares of DNOW by 2,335.0% in the 1st quarter. First Trust Advisors LP now owns 4,065,728 shares of the oil and gas company's stock valued at $48,423,000 after acquiring an additional 3,898,758 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in DNOW in the 2nd quarter worth approximately $42,540,000. 97.63% of the stock is owned by institutional investors and hedge funds. About DNOW. DNOW Inc NYSE: DNOW is a global distributor of products and services used in the energy and industrial sectors. The company supplies equipment and materials for upstream, midstream and downstream oil and gas operations, as well as for industrial and utility applications. Discover more Options Profit Calculator Stock Market News Its offerings include pipes, valves, fittings, flanges, gaskets, tools, production equipment, artificial-lift products, safety supplies and other maintenance, repair and operating materials. DNOW also provides supply-chain management, inventory management, logistics, procurement and other technical and field-support services designed to help customers manage equipment sourcing and distribution. Headquartered in Houston, Texas, DNOW serves customers through a network of distribution and service locations across North America and international markets. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider DNOW, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DNOW wasn't on the list. While DNOW currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership. This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power. Continue following MarketBeat

San Jacinto College
Mar 23rd, 2026
Partnership strengthens workforce training in process technology.

Partnership strengthens workforce training in process technology. * home * About San jac * news * 2026 * partnership strengthens workforce training in process technology. Industry donation enhances hands-on learning at CPET, supporting the next generation of skilled workers Pasadena, Texas - A partnership between MRC Global and San Jacinto College is enhancing hands-on learning opportunities for students in the College's process technology program by bringing industry-grade equipment and expertise directly into the classroom. As part of the collaboration, MRC Global donated pipes, valves, and fittings to support the construction of a pipe run at the College's Center for Petrochemical, Energy, & Technology. San Jacinto College welding students helped fabricate the structure, nondestructive testing students inspected the work, and process technology students now use the system as part of their training. The pipe run is used across multiple disciplines, giving students practical experience with systems and materials they will encounter in the field. The equipment is also incorporated into summer camps and visits from local school districts, introducing younger students to technical careers and industry expectations. The partnership reflects a shared commitment to preparing a skilled, job-ready workforce as industry needs continue to evolve. "Investing in the next generation is a strategic necessity," said Elaine Michael, vice president of marketing at MRC Global. "Our industry is evolving quickly, and the demand for highly skilled, technically capable workers continues to grow." By supporting CPET's hands-on training environment, MRC Global is helping ensure students gain early exposure to real-world tools and learning experiences that align with workforce demands. "By engaging with students, we help build a talent pipeline that understands technologies and standards," Michael said. "It sustains long-term workforce stability, supports innovation, and strengthens our industry." San Jacinto College's focus on workforce alignment and industry collaboration made it a natural partner forMRC Global. "Colleges like San Jacinto College play a critical role in bridging the gap between education and industry," Michael said. "Their programs are aligned with real-world workforce needs and are responsive to emerging technologies and skill requirements." From the College's perspective, partnerships like this one are essential to ensuring students graduate with the skills employers expect. "Industry partnerships allow us to move beyond theory and create learning environments that reflect real jobsite conditions," said Joseph Zwiercan, department chair of industrial technology at San Jacinto College. "When students train on equipment used in the field, they develop stronger technical skills, greater confidence, and a clearer understanding of industry expectations." Zwiercan said industry engagement also helps the College continuously refine its programs to stay current with evolving workforce needs. Michael noted that the partnership represents a long-term investment in both students and the broader industry. "Supporting San Jacinto College is a long-term investment in the future of our industry and an important part of developing skilled professionals who will lead, innovate, and elevate the field for years to come," she said. About San Jacinto College Surrounded by monuments of history, evolving industries, maritime enterprises of today, and the space age of tomorrow, San Jacinto College has served the people of East Harris County, Texas, since 1961. The College is ranked second in the nation among more than 1,100 community colleges, as designated by the Aspen Institute and was named an Achieving the Dream Leader College of Distinction in 2020 and 2026. As a Hispanic-Serving Institution that spans five campuses, plus an online college, San Jacinto College serves approximately 45,000 credit and non-credit students annually. It offers more than 200 degrees and certificates across eight major areas of study that put students on a path to transfer to four-year institutions or enter the workforce. The College is fiscally sound, holding bond ratings of AA+ by Standard & Poor's and Aa2 by Moody's. San Jacinto College is accredited by the Southern Association of Colleges and Schools Commission on Colleges. Categorized As

Yahoo Finance
Feb 20th, 2026
Dnow posts record $199M EBITDA but suspends guidance over ERP issues post-MRC Global merger

Dnow Inc. has suspended financial guidance following its November 2025 merger with MRC Global, citing severe ERP system issues at acquired US operations. The company achieved record 2025 EBITDA of $199 million with an 8.2% margin before the merger. MRC Global's Oracle ERP system has design flaws causing processing delays, inflated safety stock requirements and customer service problems, requiring over 200 additional field staff. Management is migrating 20 upstream locations to Dnow's SAP system to stop revenue leakage experienced in Q3 and Q4. The company has accelerated first-year cost synergy targets to $23 million from $17 million. Q4 included $135 million in inventory step-up charges and $50 million in merger expenses. Dnow expects 2026 cash flow between $100 million and $200 million whilst prioritising debt reduction.

Yahoo Finance
Feb 20th, 2026
DNOW completes MRC Global merger, targets $70M cost synergies despite ERP disruption impacting 40% of business

DNOW reported Q4 revenue of $959 million and full-year 2025 revenue of $2.8 billion following its November merger with MRC Global. The company posted a $147 million Q4 net loss due to transaction costs and integration charges, though adjusted net income was $23 million. A troubled ERP implementation at legacy MRC Global's US operations—representing 40% of DNOW's business—has caused revenue declines and prompted management to delay 2026 guidance. The company is mitigating impacts by routing projects through legacy systems and adding over 200 personnel. DNOW raised its cost synergy target to $23 million by end of year one, up from $17 million originally expected for 2026, aiming for $70 million in total savings within three years. The company ended 2025 with $588 million in liquidity and expects to generate $100-200 million in cash during 2026.

DNOW
Jun 27th, 2025
DNOW and MRC Global to Combine in All-Stock Transaction Creating a Premier Energy and Industrial Solutions Provider | DNOW Inc.

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

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