MRC Global Inc. (MRC)

NYSE: MRC · IEX Real-Time Price · USD
12.05
+0.23 (1.95%)
Apr 23, 2024, 4:00 PM EDT - Market closed
1.95%
Market Cap 1.03B
Revenue (ttm) 3.41B
Net Income (ttm) 90.00M
Shares Out 85.21M
EPS (ttm) 1.05
PE Ratio 11.48
Forward PE 11.36
Dividend n/a
Ex-Dividend Date n/a
Volume 365,692
Open 11.77
Previous Close 11.82
Day's Range 11.75 - 12.09
52-Week Range 8.15 - 13.00
Beta 2.01
Analysts Strong Buy
Price Target 15.75 (+30.71%)
Earnings Date May 8, 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 4 analysts, the average rating for MRC stock is "Strong Buy." The 12-month stock price forecast is $15.75, which is an increase of 30.71% from the latest price.

Price Target
$15.75
(30.71% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

21 days 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...

4 weeks ago - GlobeNewsWire

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...

5 weeks 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%...

5 weeks 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.

6 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

MRC Global Announces Fourth Quarter and Full Year 2023 Earnings Release, Conference Call and Webcast Schedule

HOUSTON, Dec. 15, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its fourth quarter and full year 2023 results on February 13, 2024, after the market closes. In conjunction with the...

4 months ago - GlobeNewsWire

MRC Global Announces Third Quarter 2023 Results

MRC Global, the leading PVF distributor reported third quarter 2023 earnings with 2% sequential topline growth and operating cash flow of $102 million.

6 months ago - GlobeNewsWire

MRC Global A Key Valve Provider for Preem's Lysekil Refinery Biofuel Project

MRC Global Inc. (NYSE: MRC) served as a key valve supplier for the Preem Lysekil Refinery biofuel project in Lysekil, Sweden providing over 2,200 valves.

6 months ago - GlobeNewsWire

MRC Global Extends Enterprise Framework Agreement with Shell

HOUSTON, Sept. 27, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that its subsidiary, MRC Global (US) Inc. has extended its Enterprise Framework Agreement with Shell plc.

7 months ago - GlobeNewsWire

MRC Global Announces Third Quarter 2023 Earnings Release, Conference Call and Webcast Schedule

HOUSTON, Sept. 15, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its third quarter 2023 results on November 7, 2023, after the market closes.

7 months ago - GlobeNewsWire

MRC Global Announces Second Quarter 2023 Results

HOUSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industr...

9 months ago - GlobeNewsWire

MRC Global Publishes 2023 Environmental, Social Responsibility & Corporate Governance Report

HOUSTON, July 12, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industr...

10 months ago - GlobeNewsWire

MRC Global Announces Second Quarter 2023 Earnings Release, Conference Call and Webcast Schedule

HOUSTON, June 16, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its second quarter 2023 results on August 7, 2023, after the market closes.

11 months ago - GlobeNewsWire

MRC Global Announces First Quarter 2023 Results

HOUSTON, May 08, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industri...

1 year ago - GlobeNewsWire

MRC Global Postpones Term Loan Refinancing Following Cornell Capital Lawsuit

HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that it has postponed its current efforts to refinance its Term Loan B, which matures in September 2024. An affi...

1 year ago - GlobeNewsWire

MRC Global Comments on Litigation Filed by Cornell Capital

HOUSTON, April 25, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today commented on a lawsuit filed by Mario Investments LLC, an affiliate of Cornell Capital LLC, the sole holder of MRC Global'...

1 year ago - GlobeNewsWire

MRC Global Announces Proposed Refinancing of Senior Secured Term Loan B Credit Agreement and Provides Preliminary First Quarter 2023 Financial Results

HOUSTON, April 24, 2023 (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...

1 year ago - GlobeNewsWire

MRC Global Announces First Quarter 2023 Earnings Release, Conference Call and Webcast Schedule

HOUSTON, March 20, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2023 results on May 8, 2023, after the market closes.

1 year ago - GlobeNewsWire

MRC Global Reports Full Year and Fourth Quarter 2022 Results and 2023 Outlook

HOUSTON, Feb. 13, 2023 (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 ...

1 year ago - GlobeNewsWire

MRC Global Launches New Corporate Website mrcglobal.com

HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) is proud to announce the launch of its new and completely redesigned corporate website www.mrcglobal.com, reflecting the company'...

1 year ago - GlobeNewsWire

MRC Global Announces Fourth Quarter and Full Year 2022 Earnings Release, Conference Call and Webcast Schedule

HOUSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its fourth quarter and full year 2022 results on February 13, 2023, after the market closes.

1 year ago - GlobeNewsWire

MRC Global to Present at the Stephens Annual Investment Conference

HOUSTON, Nov. 10, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industr...

1 year ago - GlobeNewsWire

MRC Global Announces Third Quarter 2022 Results

HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industr...

1 year ago - GlobeNewsWire

Anne McEntee Joins MRC Global's Board of Directors

HOUSTON, Sept. 28, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that Anne McEntee has joined MRC Global's board of directors.

1 year ago - GlobeNewsWire