Company Research Report: DNOW Inc.

Company Overview

• Name: DNOW Inc. ("DNOW")

• Mission: Aspiring to set the gold standard in Supply Chain Management by recognizing as the market leader through superior customer service and leveraging an exceptional workforce, sophisticated processes, trusted suppliers, and cutting-edge technology.

• Founded: Originally established in 1862, with the current entity starting regular trading on June 2, 2014, after spinning off as DistributionNOW from National Oilwell Varco.

• Key People: No specific individuals mentioned. Ahsan Mukhtar is listed as VP Corporate Development & Treasury.

• Headquarters: 7402 N Eldridge Pkwy, Houston, TX 77041 USA

• Number of Employees: No information available.

• Revenue: No specific revenue figures available for the report timeframe.

• Known For: DNOW is known for being a global leader in supplying energy and industrial products, providing advanced supply chain solutions, and pioneering in the energy and industrial sectors with a significant digital presence.

Products

• Product Offerings:

• Pipe, Valves, Fittings & Flanges: Critical components for a range of industrial applications.

• Pumps, Production & Drilling: Solutions for oil and gas extraction and production.

• Mill, Tools, MRO & Consumables: Essential tools and consumables for industry maintenance.

• Electrical Cable & Products: Electrical solutions for industrial needs.

• Featured Product:

• FET Global Tubing Coiled Line Pipe (CLP): Proudly manufactured in Dayton, Texas, CLP provides an excellent alternative to conventional line pipe by removing critical path items, reducing installation time, and cutting crew costs for upstream pipe applications.

• Key Features: Products are designed to improve installation efficiency, reduce costs, and support sustainability initiatives through innovative solutions.

Recent Developments

• New Products/Features:

• Completion of the acquisition of Trojan Rentals, LLC.

• Odessa Pumps becomes authorized representative for Wilden air-operated double-diaphragm (AODD) pumps in New Mexico and Oklahoma, enhancing product offerings in the region.

• New Partnerships:

• Strategic partnerships formed by Odessa Pumps with Wilden, focusing on expanding service capabilities for AODD pumps in key markets.

• Corporate Initiatives:

• The introduction and continuation of programs like DigitalNOW®, providing cutting-edge digital commerce and supply chain solutions.

• Publication of the 2023 Corporate Sustainability Report highlighting commitments to environmental, social, and governance (ESG) objectives.

• The DNOW Lights Program supports community service and philanthropic efforts.

• Strategic Expansion:

• Emphasis on expanding product lines and international presence, particularly in Europe, Asia Pacific, and the Middle East.

This report is based on publicly available information as of the specified date. Further updates or details may be sought directly from DNOW Inc. resources or communications.