McJunkin Corp. and Red Man Pipe and Supply Co. completed their merger on Nov. 1. Now known as McJunkin Red Man Corp., the companies will have co-headquarters in Charleston, WV, and Tulsa, OK. McJunkin CEO and President H.B. Wehrle III and Red Man President and CEO Craig Ketchum will serve as co-chief executive officers for the new company.

McJunkin Red Man remains a privately held firm, with Goldman Sachs reportedly owning some 60%. The Charleston (WV) Daily Mail quoted McJunkin CEO Bernie Werhle as saying in the company’s in-house newsletter that an initial public offering “is likely down the road if the capital markets support such an offering.”