MRC Global Inc.
New York Stock ExchangeRecent
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- MRC Global Inc. is a leading global distributor of pipe, valves, fittings (PVF) and related infrastructure products and services to the energy and industrial sectors, including gas utilities, downstream and industrial, production and transmission infrastructure, and energy transition markets such as renewables, carbon capture, hydrogen, biofuels and geothermal; its core offerings encompass valves, automation, measurement and instrumentation representing about 45% of sales, pipe, fittings and flanges accounting for roughly 35%, and general products including oilfield supplies, safety equipment, tools, integrated supply chain services, project management and digital solutions like MRCGO™ comprising the balance. Founded in 1921 through predecessor companies McJunkin Supply Company and Republic Supply Company, the firm, headquartered in Houston, Texas, operates approximately 200 service locations worldwide across the US (primary revenue source), Canada and international markets in Europe, Asia, Australasia and the Middle East, serving customers in over 100 countries with localized inventory, technical expertise, kitting, tagging and project coordination. In November 2025, DNOW Inc. completed its $1.5 billion all-stock acquisition of MRC Global, converting each MRC share into 0.9489 DNOW shares and delisting MRC from the NYSE, thereby integrating MRC's PVF distribution strengths with DNOW's offerings to form a combined entity with about 5,000 employees, 350 locations in over 20 countries, $5.3 billion in pro forma 2024 revenues and anticipated $70 million in annual cost synergies within three years through operational, IT and supply chain efficiencies.
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