EX-99.1 2 d84647dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Earnings Conference Call August 6, 2025 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports Second Quarter 2025 Results HOUSTON, TX, August 6, 2025 - DNOW Inc. (NYSE: DNOW) announced results for the second quarter ended June 30, 2025. Merger Agreement with MRC Global Inc. (NYSE: MRC) On June 26, 2025, DNOW and MRC Global jointly announced a definitive merger agreement under which DNOW will acquire MRC Global in an all-stock transaction valued at approximately $1.5 billion The transaction was unanimously approved by both the DNOW and MRC Global boards of directors and is currently anticipated to close in the fourth quarter of 2025, subject to shareholder approvals, regulatory approvals and other customary closing conditions ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── Financial Highlights Revenue was $628 million for the second quarter of 2025 Net income attributable to DNOW In…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
DNOW Inc.
DNOWNYSEEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On August 6, 2025, DNOW Inc. issued a press release announcing earnings for the quarter ended June 30, 2025 and conference call in connection therewith. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.…
Company context
DNOW is a premier energy and industrial solutions provider with a legacy of over 160 years as a leading distributor of pipe, valves, fittings (PVF), gas products, pumps and fabricated equipment. Headquartered in Houston, Texas, with approximately 5,100 employees and a global network of distribution and engineering locations; we provide a broad mix of quality products our customers require to build and maintain essential infrastructure across the upstream, gas utilities, downstream and industrial and midstream markets. We deliver a comprehensive range of value-added supply chain solutions and technical product expertise, supported by advanced digital offerings. Our products and resources enable our customers to run their operations more efficiently and effectively, helping them to meet and exceed their business goals.