An active investing approach is when you look for breakout stocks within a specific price range. Sell if the price drops below the lower band and hold for gains if it surpasses the upper band.To that end, EMX Royalty Corporation (EMX) , DNOW Inc. (DNOW) and EZCORP, Inc. (EZPW) have been selected as today’s breakout stocks. Zeroing in on Breakout StocksTo pick a breakout stock, calculate support and resistance levels. A support level is the lower bound for stock movements, while a resistance level refers to ...

Have you looked into how DNOW (DNOW) performed internationally during the quarter ending December 2024? Considering the widespread global presence of this energy and industrial distribution company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Inves ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 19:Oportun Financial Corporation (OPRT) : This financial services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 9.2% over the last 60 days.Oportun Financial has a price-to-earnings ratio (P/E) of 7.11 compared with 22.11 for the S&P. The company possesses a Value Scoreof A.Priority Technology Holdings, Inc. (PRTH) : This ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-36325 DNOW INC. (Exact name of registrant as specified in its charter) Delaware 46-4191184 (State of Incorporation) (IRS Identification No.) 7402 North Eldridge Parkway, Hous ...

Key Takeaways Fourth Quarter and Full-Year 2024 © 2025 DNOW. All Rights Reserved Disclosure Statement Statements made in the course of this presentation that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to ...

Financial Data and Key Metrics Changes - Fourth quarter revenue was $571 million, down 6% sequentially, but beat previous guidance [28][40] - Full year 2024 revenue was $2.373 billion, up 2% year-over-year, marking the highest revenue year since 2019 [29][40] - Fourth quarter gross margin improved to 23.3%, up 100 basis points sequentially [28][44] - Full year 2024 gross margin was 22.5%, lower than 2023 due to pricing deflation in steel products [30][44] - Fourth quarter EBITDA was $45 million, or 7.9% of revenue, exceeding expectations [30][68] - Full year 2024 generated $289 million in free cash flow, a 165% conversion rate [31][58] Business Line Data and Key Metrics Changes - US revenue for Q4 2024 totaled $451 million, a decrease of 6% from Q3 2024 [41] - US energy centers contributed approximately 73% of total US revenue in Q4 [41] - Canadian revenue for Q4 was $66 million, up 2% sequentially, but down 10% year-over-year [42] - International revenue for Q4 was $54 million, down 8% sequentially, with a full year total of $240 million, down 17% year-over-year [43] Market Data and Key Metrics Changes - The company noted that US completions and rigs declined by 9% and 13% respectively, impacting revenue [21] - The demand for horizontal trailer-mounted pumping solutions remained strong, particularly in water disposal applications [33] - Revenue in the energy evolution space grew over 60% year-over-year, indicating a shift towards decarbonization and non-oil and gas energy sources [34] Company Strategy and Development Direction - The company aims for growth in 2025 despite expected declines in market activity, focusing on midstream and industrial adjacent markets [9][61] - The strategy includes a strong emphasis on mergers and acquisitions (M&A), with 23 acquisitions since going public in 2014 [16][17] - The recent acquisition of Trojan is expected to enhance the company's water management solutions and expand its market reach [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in overcoming upstream sector headwinds and achieving growth in 2025 [10][61] - The outlook for 2025 includes expectations of flat to high single-digit revenue growth, with a focus on capturing market share [67] - Management acknowledged potential challenges from upstream spending reductions but highlighted opportunities in midstream infrastructure [61][64] Other Important Information - The company completed an $80 million share repurchase program and announced a new $160 million program [59][60] - The company ended the year with zero debt and a cash position of $256 million [51][52] - The effective tax rate for 2024 was 28.1%, with expectations for 2025 to be around 27% to 29% [48] Q&A Session Summary Question: Discussion on tariffs and their impact on guidance - Management indicated that tariffs are expected to be constructive to gross margins and revenues, with a mix of products to mitigate costs [73][74] Question: Insights on upstream production intentions - Management noted mixed sentiments from customers regarding upstream investments, with some planning to increase budgets while others remain cautious [82][84] Question: Trojan acquisition and its impact on water transfer business - Management highlighted that the Trojan acquisition fills a gap in the water solutions market and is expected to create revenue synergies [90][96] Question: Outlook for Canada and international markets - Management expects flat activity in Canada and internationally, with a focus on improving profitability in international segments [110][112]

Revenue Performance - DNOW reported fourth quarter revenue of $571 million, a 2.9% increase from $555 million in the same quarter of 2023[7]. - Full-year revenue for 2024 was $2,373 million, up 2.2% from $2,321 million in 2023[7]. Cash Flow and Liquidity - Free cash flow for 2024 was $289 million, nearly double the projections from the previous year[4]. - Cash provided by operating activities was $122 million for the fourth quarter and $298 million for the full year[7]. - As of December 31, 2024, DNOW had cash and cash equivalents of $256 million and zero long-term debt, with total liquidity of approximately $556 million[7]. - Net cash provided by operating activities for Q4 2024 was $122 million, up from $81 million in Q4 2023, resulting in a free cash flow of $119 million[24]. - For the year ended December 31, 2024, total free cash flow reached $289 million, compared to $171 million in 2023, indicating a significant increase[24]. - Free cash flow for Q3 2024 was $72 million, an increase from $18 million in Q2 2024[24]. - The company’s net cash used in operating activities for Q3 2024 was $74 million, compared to $105 million in Q3 2023[24]. Profitability Metrics - Fourth quarter EBITDA was $45 million, representing 7.9% of revenue, exceeding expectations due to improved gross margins and cost control[4]. - Net income for the fourth quarter was $23 million, or $0.21 per diluted share, compared to $147 million, or $1.35 per diluted share in the same quarter of 2023[7]. Acquisitions and Investments - The company completed the acquisition of Trojan Rentals, LLC for $114 million in cash, enhancing its pump rental and industrial automation capabilities[7]. - DNOW announced a new $160 million share repurchase authorization, double the size of the previous program, reflecting confidence in its cash generation capabilities[5]. Expenses and Tax Benefits - Other expenses for Q4 2024 included transaction-related charges of approximately $2 million and international restructuring charges of about $1 million[25]. - For the year ended December 31, 2024, Other expenses totaled $9 million, with $6 million attributed to foreign currency translation losses[28]. - The company incurred approximately $12 million in transaction-related charges for the year ended December 31, 2024, with $5 million included in cost of products[28]. - The company reported a tax benefit of $126 million for Q4 2023 from the release of valuation allowances against deferred tax assets[30]. - For the year ended December 31, 2023, the tax benefit from the release of valuation allowances was $149 million[33]. - Other expenses for Q3 2024 included international restructuring charges of $8 million, with $5 million related to foreign currency translation losses[27]. Future Outlook - The company aims for continued growth in 2025, potentially marking the fifth consecutive year of growth[6].

Did you analyze how DNOW (DNOW) fared in its international operations for the quarter ending September 2024? Given the widespread global presence of this energy and industrial distribution company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36325 DNOW INC. (Exact name of registrant as specified in its charter) Delaware 46-4191184 (State or other jurisdiction of (I.R.S. Employer incorporation or o ...

Financial Data and Key Metrics Changes - In Q3 2024, the company reported total revenue of $606 million, a year-over-year increase of 3% or $18 million [29] - EBITDA for the quarter was $42 million, representing 6.9% of revenue, with year-to-date EBITDA at $131 million or 7.3% of revenue [29] - Free cash flow for the quarter was $72 million, totaling $273 million over the trailing four quarters [8][39] - The company raised its full-year 2024 free cash flow forecast to approximately $215 million [8] Business Line Data and Key Metrics Changes - U.S. revenue for Q3 2024 was $482 million, an increase of $34 million or 8% year-over-year [30] - U.S. Process Solutions had its best financial performance ever, contributing significantly to overall results [14] - Canadian revenue for Q3 2024 was $65 million, down $3 million or 4% year-over-year but up 16% sequentially [30][21] - International revenue decreased to $59 million, down $6 million or 9% sequentially, impacted by location closures and lower project activity [22][30] Market Data and Key Metrics Changes - The number of active rigs and completions in the U.S. declined more than 12% year-over-year, affecting revenue opportunities [10] - The company noted a 60% increase in CCUS projects, with 628 facilities now in development [23] - The company experienced project delays due to customer consolidations, impacting revenue timing [15][56] Company Strategy and Development Direction - The company is focusing on expanding its midstream business, which currently accounts for approximately 20% of revenues [44][64] - There is a strategic emphasis on energy evolution and adjacent industrial markets, including mining and chemical processing [44][24] - The company plans to continue pursuing acquisitions as a key growth strategy, leveraging its strong cash position and lack of debt [27][37] Management's Comments on Operating Environment and Future Outlook - Management expects lower sequential oil and gas activity in Q4 2024 due to customer budget exhaustion and normal seasonality [42] - The company anticipates modest full-year revenue growth for 2024 compared to 2023 [42] - Management highlighted the resilience of revenue despite project delays, attributing this to strong operational execution and market positioning [45] Other Important Information - The company reported a cash position of $261 million and total liquidity of $622 million at the end of Q3 2024 [37] - The company continues to execute its share repurchase program, with cumulative repurchases totaling $74 million under an $80 million authorization [40] Q&A Session Summary Question: Impact of the election on M&A environment - Management believes a more business-friendly climate from a Republican administration could facilitate acquisitions and benefit the company [48][49] Question: Pipeline maturity and actionable deals - Management indicated ongoing negotiations for several potential acquisitions, focusing on growing process solutions [50][51] Question: Project deferrals and their timing - Approximately $10 million in projects were deferred in Q3, primarily due to product availability, with expectations for these to ship in Q4 [52][53] Question: Customer consolidation effects - Management noted that customer consolidations can disrupt operations but may ultimately benefit the company in the long term due to its unique capabilities [58][60] Question: Working capital and inventory turns - Management stated that while current inventory turns are strong at 5.2, further improvement may be limited without risking product availability [61][62] Question: Midstream revenue expectations - Management expects midstream revenue to potentially increase in 2025, benefiting from favorable market conditions and acquisitions [64] Question: Share repurchase versus dividends - Management favors share repurchases over dividends, prioritizing organic growth and M&A as primary uses of cash [71][72]