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DNOW Inc. - DNOW STOCK NEWS

Welcome to our dedicated page for DNOW news (Ticker: DNOW), a resource for investors and traders seeking the latest updates and insights on DNOW stock.

DNOW Inc. (symbol: DNOW) is one of the largest global distributors serving the energy and industrial sectors. With a workforce of approximately 4,500 employees and around 300 locations worldwide, DNOW offers an extensive range of products and solutions for the upstream, midstream, and downstream markets, as well as the industrial segment.

DNOW's product portfolio includes over 300,000 stock keeping units (SKUs) such as pipe, valves, valve automation, fittings, instrumentation, mill and industrial supplies, tools, safety supplies, electrical products, drilling and production equipment, artificial lift, pumps, fabricated equipment, and industrial paints and coatings. This extensive inventory is designed to meet the diverse needs of various industries, ensuring that customers find the right products for their operations.

The company's commitment to quality is exemplified by its ISO 9001 certified quality management system. A cornerstone of this system is DNOW’s industry-recognized supplier evaluation program, which emphasizes product quality through daily inspections, quarterly enhanced inspections, and comprehensive supplier quality audits. The company's approved manufacturers list is a significant asset, with some customers even adopting it as their own.

DNOW leverages over 160 years of legacy in the industry to supply energy and industrial products, as well as engineered process and production equipment worldwide. The company provides a comprehensive range of supply chain solutions and digital solutions under the brand DigitalNOW. These solutions facilitate digital commerce, data, and information management, offering customers cutting-edge technology to streamline their operations.

DNOW's operations span a wide array of sectors. Its locations serve exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water authorities, manufacturers, as well as engineering and construction firms. The company is also actively engaged in the decarbonization, energy transition, and renewables markets, reflecting its commitment to sustainability and innovation.

Overall, DNOW Inc.'s robust product offerings, quality management systems, and advanced digital solutions position it as a key player in the energy and industrial sectors, providing unmatched value to its diverse customer base.

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DNOW Inc. (NYSE:DNOW) has scheduled a conference call to discuss the results for the fourth quarter and full-year 2023. Financial results are expected to be released on February 15, 2024. DNOW is a worldwide supplier of energy and industrial products with a legacy of over 160 years, offering supply chain solutions and digital commerce technology.
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NOW Inc. (NYSE: DNOW) plans to change its corporate legal name to 'DNOW Inc.' effective January 19, 2024, while keeping its ticker symbol 'DNOW' unchanged. The decision aims to elevate and distinguish DNOW as a solutions-based products and services provider, unifying the company's identity in the marketplace.
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NOW Inc. (NYSE: DNOW) announced its financial results for the third quarter ended September 30, 2023. The company reported revenue of $588 million, with net income of $35 million. Diluted earnings per share were $0.32. EBITDA for the quarter was $46 million, representing 7.8% of revenue. NOW Inc. also had $194 million in cash and cash equivalents and zero long-term debt as of September 30, 2023.
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NOW Inc. schedules Q3 2023 earnings conference call
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NOW Inc. (NYSE: DNOW) reported first quarter 2023 financial highlights, including revenue of $584 million and net income of $31 million. The company also repurchased $36 million of common stock and completed two acquisitions.
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NOW Inc. (NYSE:DNOW) has announced a conference call scheduled for Thursday, May 4, 2023, at 8:00 am (US Central Time) to discuss its first quarter 2023 financial results. The results will be released before the market opens on the same day. Interested listeners can access the call via the Investor Relations link on the company’s website at ir.dnow.com. Participants can also join by calling 1-888-660-6431 in North America or 1-929-203-2118 internationally with the Access Code: 7372055. NOW Inc. is a global supplier of energy and industrial products, employing approximately 2,425 individuals and providing solutions across various sectors.

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NOW Inc. (NYSE:DNOW) announced the appointment of Karen David-Green to its Board of Directors, effective March 24, 2023. Her term will end at the 2023 annual stockholders’ meeting. Ms. David-Green has a background in communications and sustainability, currently serving as Chief Communications Officer at Expro Group, and previously held executive roles at Weatherford International. The addition of David-Green aligns with NOW Inc.'s commitment to enhancing gender diversity within its board, which now has three women members. Overall, this move aims to strengthen the board’s capabilities and support the company's strategic goals.

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FAQ

What is the current stock price of DNOW (DNOW)?

The current stock price of DNOW (DNOW) is $12.89 as of December 20, 2024.

What is the market cap of DNOW (DNOW)?

The market cap of DNOW (DNOW) is approximately 1.4B.

What does DNOW Inc. do?

DNOW Inc. is a global distributor providing products and solutions to the energy and industrial sectors, including the upstream, midstream, downstream, and industrial markets.

How many employees does DNOW Inc. have?

DNOW Inc. employs approximately 4,500 people across its global operations.

What types of products does DNOW Inc. offer?

DNOW Inc. offers over 300,000 SKUs, including pipe, valves, valve automation, fittings, instrumentation, mill and industrial supplies, tools, safety supplies, electrical products, and more.

What is DigitalNOW?

DigitalNOW is a suite of digital solutions by DNOW Inc. designed for digital commerce, data and information management, providing customers with advanced technology to enhance their operations.

Which sectors does DNOW Inc. serve?

DNOW Inc. serves various sectors including exploration and production, midstream transmission and storage, refineries, chemical companies, utilities, mining, municipal water, manufacturing, engineering, construction, decarbonization, energy transition, and renewables.

What is DNOW Inc.'s commitment to quality?

DNOW Inc. maintains an ISO 9001 certified quality management system and conducts regular inspections and supplier quality audits to ensure high product quality.

Where is DNOW Inc. located?

DNOW Inc. operates approximately 300 locations worldwide, serving customers across various industries.

How long has DNOW Inc. been in operation?

DNOW Inc. has a legacy of over 160 years in supplying energy and industrial products and engineered process and production equipment.

What is the significance of DNOW Inc.'s approved manufacturers list?

The approved manufacturers list is a powerful asset for DNOW Inc.'s customers, who rely on it for quality assurance, with some even adopting it as their own.

How does DNOW Inc. contribute to sustainability?

DNOW Inc. is involved in the decarbonization, energy transition, and renewables markets, reflecting its commitment to sustainability and innovation.

DNOW Inc.

NYSE:DNOW

DNOW Rankings

DNOW Stock Data

1.40B
103.75M
1.98%
102.32%
3.15%
Industrial Distribution
Oil & Gas Field Machinery & Equipment
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United States of America
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