DNOW Inc. (DNOW)

In the past six months, a significant event impacting DNOW's stock was the announcement of its $1.5 billion all-stock acquisition of MRC Global Inc. in July 2025, expected to create a premier provider in the energy supply chain sector. In October 2025, DNOW Inc. shares crossed above their 200-day moving average of $15.15, trading as high as $15.21 per share. Over the past six months, DNOW's stock performance showed a decrease of 10.1%. The company reported its second-quarter 2025 results in August 2025, exceeding revenue expectations with sales of $628 million and an adjusted EPS of $0.27. DNOW also reported strong full-year 2024 results in February 2025, with $289 million in free cash flow and authorized a $160 million share repurchase program.

While specific detailed information on the seasonality of demand for DNOW's individual products and services is not explicitly provided, the company operates within the energy and industrial sectors, where demand can be influenced by various factors, including global energy prices, industrial activity, and project cycles. DNOW's supply chain solutions are designed to help customers manage their operations efficiently, implying an understanding and capability to address varying demand patterns. The company's extensive product portfolio and global network allow it to respond to regional demand fluctuations.

DNOW Inc. is a global supplier of energy and industrial products, as well as packaged, engineered process, and production equipment, operating primarily under the DistributionNOW and DNOW brands. The company's business includes a broad range of supply chain solutions and the DigitalNOW suite of digital offerings. DNOW's product and service offerings cater to all sectors of the energy industry, including upstream drilling and completion, exploration and production, midstream transmission, gas and crude oil processing infrastructure development, and downstream petroleum refining and petrochemicals, and also serves industrial markets. Major products include consumable maintenance, repair, and operating supplies, pipe, manual and automated valves, and DNOW also provides sourcing, procurement, warehouse, and inventory management solutions.

DNOW Inc. maintains a global network of locations and emphasizes its global reach in serving energy and industrial markets worldwide. Its supply chain solutions and distribution network are designed to support customers globally.

In the past year, DNOW has focused on its corporate sustainability, publishing a Corporate Sustainability Report for 2024. The company was also ranked in the MDM Top Distributors List for 2025. DNOW's community involvement through its "DNOW Lights Volunteers" serving local communities in Q3/Q4 2024 also contributes positively to its brand reputation. Additionally, DNOW was featured in Executive Insight Magazine for its supply chain management empowering Marathon Oil. The announcement of the merger with MRC Global has been described as a "substantial win for the combined entity".

DNOW Inc. has a significant institutional ownership, with institutions holding 86.59% of the stock. Major institutional owners include BlackRock, Inc., The Vanguard Group Inc., and Dimensional Fund Advisors LP. The largest individual shareholder is David A. Cherechinsky, who owns 958,238 shares, representing 0.91% of the company. Insider ownership stands at 3.49% or 3.66 million shares. Over the last ninety days, insiders have sold 246,150 shares of company stock.