MRC Global Inc. (MRC)
Market Cap | 1.20B |
Revenue (ttm) | 3.20B |
Net Income (ttm) | 75.00M |
Shares Out | 85.24M |
EPS (ttm) | 0.67 |
PE Ratio | 20.88 |
Forward PE | 15.31 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 254,406 |
Open | 14.04 |
Previous Close | 13.99 |
Day's Range | 14.02 - 14.17 |
52-Week Range | 9.77 - 14.91 |
Beta | 1.98 |
Analysts | Strong Buy |
Price Target | 16.33 (+16.15%) |
Earnings Date | Nov 5, 2024 |
About MRC
MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components; and valve modification services, including valve control extensions, welding, hydrotesting, painting, coating, x-raying, and actuation assembly. The company also pr... [Read more]
Financial Performance
In 2023, MRC Global's revenue was $3.41 billion, an increase of 1.46% compared to the previous year's $3.36 billion. Earnings were $90.00 million, an increase of 76.47%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MRC stock is "Strong Buy." The 12-month stock price forecast is $16.33, which is an increase of 16.15% from the latest price.
News
MRC Global Announces Closing of $750 Million Asset-Based Loan Facility
HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), announced today that it has amended its asset-based revolving loan facility (“ABL”), extending its maturity to November 2029. Th...
MRC Global Inc. (MRC) Q3 2024 Earnings Call Transcript
MRC Global Inc. (MRC) Q3 2024 Earnings Call Transcript
MRC Global Announces New Board Chair
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.
MRC Global Announces Third Quarter 2024 Results
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 ...
MRC Global Simplifies Capital Structure by Securing New $350 Million Term Loan B and Repurchasing Convertible Preferred Stock
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), announced today that it has secured a new $350 million Senior Secured Term Loan “B” (“Term Loan”) maturing in 2031. The proceeds...
MRC Global Announces Moody's Upgrade in Credit Rating To ‘B1' from ‘B2', Outlook Stable
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 ...
MRC Global Announces Actions to Strengthen Its Capital Structure
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 HO...
MRC Global Announces Third Quarter 2024 Earnings Release, Conference Call and Webcast Schedule
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 Global, Inc. (MRC) Q2 2024 Earnings Call Transcript
MRC Global, Inc. (NYSE:MRC) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Monica Broughton - VP, IR & Treasury Rob Saltiel - President & CEO Kelly Youngblood - EVP ...
MRC Global Announces Second Quarter 2024 Results
HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industr...
Alluvial Fund Q2 2024 Portfolio Update
Our portfolio is largely unchanged from last quarter, with Net Lease Office Properties still at the top. McBride shares have performed well for us, up about 30% from the level of our initial purchases...
MRC Global Announces Second Quarter 2024 Earnings Release, Conference Call and Webcast Schedule
HOUSTON, June 18, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its second quarter 2024 results on August 6, 2024, after the market closes.
MRC Global Selected as Primary Provider of Pipe, Valves, and Fittings for ExxonMobil in North America
HOUSTON, June 13, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that its subsidiary, MRC Global (US) Inc., has signed an agreement to be the primary provider of pipe, valves and...
MRC Global Publishes 2024 Sustainability Report
HOUSTON, May 21, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industri...
MRC Global Announces S&P Upgrade in Credit Rating To “B” from “B–”, Outlook Stable
HOUSTON, May 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), (the “Company”), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified...
MRC Global Inc. (MRC) Q1 2024 Earnings Call Transcript
MRC Global Inc. (NYSE:MRC) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Monica Broughton - Vice President, Investor Relations and Treasury Rob Saltiel - President and ...
MRC Global Announces First Quarter 2024 Results
HOUSTON, May 08, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industri...
MRC Global Announces Agreement with Engine Capital and Appointment of Daniel Silvers to the Board of Directors
HOUSTON, April 02, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) (“MRC Global” or the “Company”), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure prod...
MRC Global Announces First Quarter 2024 Earnings Release, Conference Call and Webcast Schedule
HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2024 results on May 8, 2024, after the market closes. In conjunction with the release, the compan...
MRC Global: Gas Demand From The Housing Market, Multi-Year Agreements, And Cheap
MRC Global reports better-than-expected earnings and expects growth in 2024. The company has a diversified business model with many products and clients. Net sales growth drivers include multi-year pr...
MRC Global Responds to Engine Capital and Affirms Board and Management's Focus on Delivering Long-Term Value Creation
HOUSTON, March 19, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, indust...
Engine Nominates Two Highly Qualified Candidates for Election to MRC Global's Board of Directors at the 2024 Annual Meeting
NEW YORK--(BUSINESS WIRE)--Engine Capital, L.P. (together with its affiliates, "Engine"), a significant shareholder of MRC Global Inc. (NYSE: MRC) ("MRC" or the "Company") and the owner of nearly 4.3%...
David Hager Joins MRC Global's Board of Directors
David (Dave) A. Hager, previously Executive Chairman of Devon Energy Corporation, has joined MRC Global's board of directors, effective March 11, 2024.
MRC Global Inc. (MRC) Q4 2023 Earnings Call Transcript
MRC Global Inc. (MRC) Q4 2023 Earnings Call Transcript
MRC Global Reports Full Year and Fourth Quarter 2023 Results
HOUSTON, Feb. 13, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified ...