MRC Global Inc. (MRC)
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]
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 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.
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...
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 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 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 ...
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...
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.
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.
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.
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.
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...
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...
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.
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...
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...
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'...
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...
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.
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 ...
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'...
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.
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...
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...
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.