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MRC Global ( (MRC) ) has issued an update.
On November 6, 2025, MRC Global (US) Inc. terminated its existing credit agreements with Bank of America and JPMorgan Chase Bank, settling all outstanding obligations and releasing associated liens. This move was part of the company’s merger with DNOW, which was completed on the same date. As a result of the merger, MRC Global’s common stock was converted into DNOW shares, leading to its delisting from the New York Stock Exchange. The merger also resulted in changes to the company’s board and executive bonuses, with two MRC Global board members joining DNOW’s board and special transaction bonuses being awarded to key executives.
The most recent analyst rating on (MRC) stock is a Buy with a $16.00 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 is primarily impacted by its financial performance, which is challenged by declining revenue, profitability, and negative cash flow trends. The technical analysis indicates weak momentum, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a lower stock score, highlighting the need for significant improvements in financial health and market sentiment.
To see Spark’s full report on MRC stock, click here.
More about MRC Global
Average Trading Volume: 679,113
Technical Sentiment Signal: Buy
Current Market Cap: $1.18B
Learn more about MRC stock on TipRanks’ Stock Analysis page.