MRC Global Inc. (MRC)

NYSE: MRC · Real-Time Price · USD
14.06
+0.07 (0.50%)
Nov 22, 2024, 4:00 PM EST - Market closed
0.50%
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]

Sector Energy
IPO Date Apr 12, 2012
Employees 2,800
Stock Exchange NYSE
Ticker Symbol MRC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$16.33
(16.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

10 days ago - GlobeNewsWire

MRC Global Inc. (MRC) Q3 2024 Earnings Call Transcript

MRC Global Inc. (MRC) Q3 2024 Earnings Call Transcript

16 days ago - Seeking Alpha

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.

17 days ago - GlobeNewsWire

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 ...

17 days ago - GlobeNewsWire

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...

24 days ago - GlobeNewsWire

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 ...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

Other symbols: FTLFGTXNLOPSENEASENEB
4 months ago - Seeking Alpha

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.

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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%...

8 months ago - Business Wire

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.

9 months ago - GlobeNewsWire

MRC Global Inc. (MRC) Q4 2023 Earnings Call Transcript

MRC Global Inc. (MRC) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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 ...

10 months ago - GlobeNewsWire