Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
12 April 2012Website:
http://www.mrcglobal.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 23:16:23 GMTDividend
Analysts recommendations
Institutional Ownership
MRC Latest News
MRC's third-quarter 2024 revenues decrease 10.3% year over year due to the lower volume of sales in the Gas Utilities, DIET and PTI sectors.
MRC Global (MRC) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.32 per share a year ago.
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that its board of directors has elected Deborah G. (Debbie) Adams as its new Board Chair, effective immediately.
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced third quarter 2024 results. Net income attributable to common stockholders for the third quarter of 2024 was $23 million, or $0.27 per diluted share, and was $29 million, or $0.33 per diluted share for the third quarter of 2023.
HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), today announced that Moody's Ratings (“Moody's”) upgraded the company's corporate family rating to ‘B1' from ‘B2' with a stable outlook. Also, in conjunction with the company's issuance of a new Term Loan B, Moody's upgraded the rating of the anticipated Term Loan B to a ‘B2', a level higher than the company's previous term loan.
Agrees to Repurchase Preferred Stock Launches Term Loan B Financing to Fund Repurchase Pursues Amendment to ABL Facility to Extend Maturity Provides Preliminary Third Quarter 2024 Financial Results HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that it has agreed to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock as part of an agreement with Mario Investments, LLC, the holder of the preferred stock, which is contingent upon, among other things, the completion of a successful term loan financing. Upon satisfaction of the required conditions in the repurchase agreement, the company will repurchase the preferred stock for a total payment of approximately $361 million, representing 99.5% of the liquidation preference of the preferred stock.
HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its third quarter 2024 results on November 5, 2024, after the market closes.
MRC (MRC) reported earnings 30 days ago. What's next for the stock?
Softness in the Gas Utilities and PTI sectors weigh on MRC Global (MRC). Unfavorable foreign currency movement is an added concern.
Review MRC's (MRC) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
What type of business is MRC Global?
MRC Global Inc. is one of the largest distributors of pipes, valves, fittings, as well as other products and services for the oil and gas industry. The company was founded in 1921 in Houston, Texas, USA. MRC Global Inc provides customers worldwide with innovative supply chain solutions and technical expertise in the following sectors: - Gas utilities (storage and distribution of natural gas); - Crude oil processing, petrochemical and chemical processing; - Exploration and production (exploration, extraction of underground oil and gas deposits); - Midstream pipeline (collection, processing, and transportation of oil and gas).
What sector is MRC Global in?
MRC Global is in the Energy sector
What industry is MRC Global in?
MRC Global is in the Oil & Gas Equipment & Services industry
What country is MRC Global from?
MRC Global is headquartered in United States
When did MRC Global go public?
MRC Global initial public offering (IPO) was on 12 April 2012
What is MRC Global website?
https://www.mrcglobal.com
Is MRC Global in the S&P 500?
No, MRC Global is not included in the S&P 500 index
Is MRC Global in the NASDAQ 100?
No, MRC Global is not included in the NASDAQ 100 index
Is MRC Global in the Dow Jones?
No, MRC Global is not included in the Dow Jones index
When was MRC Global the previous earnings report?
No data
When does MRC Global earnings report?
The next expected earnings date for MRC Global is 14 February 2025