McDermott International, Inc. provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. The company delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The company's customers include national, integrated, and other oil and gas companies. McDermott International, Inc. was founded in 1923 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fabricated plate work (boiler shop)
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:MDR
CUSIP58003710
Phone281-870-5000
Debt
Debt-to-Equity Ratio0.96
Current Ratio0.93
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio10.02
Forward P/E Ratio12.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.98 billion
Price / Sales1.16
Cash Flow$3.2475 per share
Price / Cash5.90
Book Value$18.90 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$178.54 million
Net Margins5.04%
Return on Equity10.38%
Return on Assets4.36%
Miscellaneous
Employees11,800
Outstanding Shares180,540,000
Market Cap$3.33 billion
McDermott International (NYSE:MDR) Frequently Asked Questions
What is McDermott International's stock symbol?
McDermott International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDR."
When did McDermott International's stock split? How did McDermott International's stock split work?
Shares of McDermott International reverse split on Thursday, May 10th 2018. The 1-3 reverse split was announced on Wednesday, May 2nd 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 9th 2018. An investor that had 100 shares of McDermott International stock prior to the reverse split would have 33 shares after the split.
How were McDermott International's earnings last quarter?
McDermott International Inc (NYSE:MDR) announced its quarterly earnings data on Tuesday, July, 31st. The oil and gas company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.22 by $0.07. The oil and gas company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.98 billion. McDermott International had a return on equity of 10.38% and a net margin of 5.04%. The business's revenue was up 119.9% on a year-over-year basis. During the same period last year, the company earned $0.13 EPS. View McDermott International's Earnings History.
When is McDermott International's next earnings date?
What price target have analysts set for MDR?
6 brokers have issued 12-month target prices for McDermott International's shares. Their forecasts range from $21.00 to $38.00. On average, they expect McDermott International's share price to reach $27.0571 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View Analyst Price Targets for McDermott International.
What is the consensus analysts' recommendation for McDermott International?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for McDermott International.
Who are some of McDermott International's key competitors?
Who are McDermott International's key executives?
McDermott International's management team includes the folowing people:
- Mr. David Dickson, Pres, CEO & Director (Age 50)
- Mr. Stuart A. Spence, Exec. VP & CFO (Age 49)
- Mr. Scott Munro, Sr. VP & Corp. Devel. Officer (Age 43)
- Mr. Brian McLaughlin, Sr. VP & Chief Commercial Officer (Age 47)
- Mr. Linh Austin, Sr. VP of Middle East & North Africa (Age 48)
Has McDermott International been receiving favorable news coverage?
News articles about MDR stock have been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. McDermott International earned a news impact score of 0.18 on Accern's scale. They also gave media stories about the oil and gas company an impact score of 46.38 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for McDermott International.
Who are McDermott International's major shareholders?
McDermott International's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (21.19%), Fairpointe Capital LLC (5.52%), Dimensional Fund Advisors LP (9.08%), Renaissance Technologies LLC (6.49%), LSV Asset Management (6.23%) and Van ECK Associates Corp (2.52%). View Institutional Ownership Trends for McDermott International.
Which major investors are selling McDermott International stock?
MDR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, LSV Asset Management, Fairpointe Capital LLC, Van ECK Associates Corp, Investment Counselors of Maryland LLC, Russell Investments Group Ltd. and Systematic Financial Management LP. View Insider Buying and Selling for McDermott International.
Which major investors are buying McDermott International stock?
MDR stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Luminus Management LLC, Victory Capital Management Inc., Bank of New York Mellon Corp, Beck Mack & Oliver LLC, Towle & Co., Nokota Management LP and Proxima Capital Management LLC. View Insider Buying and Selling for McDermott International.
How do I buy shares of McDermott International?
Shares of MDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is McDermott International's stock price today?
One share of MDR stock can currently be purchased for approximately $19.21.
How big of a company is McDermott International?
McDermott International has a market capitalization of $3.33 billion and generates $2.98 billion in revenue each year. The oil and gas company earns $178.54 million in net income (profit) each year or $1.92 on an earnings per share basis. McDermott International employs 11,800 workers across the globe.
How can I contact McDermott International?
McDermott International's mailing address is 4424 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 281-870-5000 or via email at [email protected]
MarketBeat Community Rating for McDermott International (NYSE MDR)
MarketBeat's community ratings are surveys of what our community members think about McDermott International and other stocks. Vote "Outperform" if you believe MDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
