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DistributionNOW's Profit Soars More than 14-Fold in 2022 | Industrial Distribution

The company's sales were up more than 30% year-over-year.

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DistributionNOW Sales Up 31%, Profit Up Four-Fold

Earnings and net income increased by even larger amounts.

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Distributors Optimistic About Oil, Gas Markets

Despite numerous economic problems, they anticipate a strong year.

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NOW Inc. Returns to Profit in Q1

Executives touted the company's “transformation” and raised its outlook.

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NOW Sees Continued Substantial Sales Gains, Modest Profit Growth

The company, which drastically downsized in early 2020, says digital avenues now account for 42% of sales.

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NOW Inc.'s Credit Facility Extended Through 2026

The Houston-based oilfield products distributor's $500 million credit can potentially expand to $750 million.

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DNOW Sees First Profit in 2 Years as Sales Growth Continues

It's been a remarkable turnaround for DistributionNOW, which took massive losses at the end of 2019 and early 2020 before undergoing a transformation.

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NOW inc (DNOW) Q3 2021 Earnings Call Transcript

DNOW earnings call for the period ending September 30, 2021.

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NOW Inc. Announces Appointment of Reed to its Board of Directors - Modern Distribution Management

NOW Inc. Announces Appointment of Reed to its Board of Directors - Modern Distribution Management
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NOW Inc. Announces Appointment of Sonya Reed to the Board of Directors

Press release content from Business Wire. The AP news staff was not involved in its creation.

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