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MRC Global Awaits Final Approvals for DNOW Merger

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MRC Global Awaits Final Approvals for DNOW Merger

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An announcement from MRC Global ( (MRC) ) is now available.

On June 26, 2025, MRC Global Inc. entered into a Merger Agreement with DNOW Inc., involving a two-step merger process. The statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired on October 6, 2025, but the Transactions still require other regulatory approvals and customary closing conditions to be fulfilled.

The most recent analyst rating on (MRC) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on MRC Global stock, see the MRC Stock Forecast page.

Spark’s Take on MRC Stock

According to Spark, TipRanks’ AI Analyst, MRC is a Neutral.

MRC Global’s overall stock score reflects a mix of challenges and opportunities. The financial performance is the most significant concern, with declining profitability and cash flow issues. However, technical analysis shows a positive trend, and the merger with DNOW Inc. presents a strategic opportunity for growth and synergies. Valuation remains a concern due to the negative P/E ratio and lack of dividend yield.

To see Spark’s full report on MRC stock, click here.

More about MRC Global

MRC Global Inc. is a Delaware-based company operating in the industrial sector, primarily focusing on the distribution of pipe, valve, and fitting products and services to the energy and industrial markets.

Average Trading Volume: 883,854

Technical Sentiment Signal: Buy

Current Market Cap: $1.28B

Learn more about MRC stock on TipRanks’ Stock Analysis page.

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