McDermott International, Inc. provides engineering, procurement, construction and installation, and technology solutions to the energy industry worldwide. It operates through five segments: North, Central and South America; Europe, Africa, Russia and Caspian; the Middle East and North Africa; Asia Pacific; and Technology. It designs, engineers, and constructs upstream offshore oil and gas facilities, downstream oil and gas facilities, gas-fired power plants, liquefied natural gas import and export terminals, atmospheric and refrigerated storage vessels and terminals, water storage and treatment facilities, pipe and module fabrication, hydrocarbon processing facilities, pipe fabrication and manufacturing, and refining and petrochemical facilities. The company also provides gas processing, refining, petrochemical and coal gasification technologies, as well as a supplies catalysts, equipment, and related engineering services. It serves national, integrated, and other oil and gas companies, as well as producers of petrochemicals and electric power. McDermott International, Inc. was founded in 1923 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Fabricated plate work (boiler shop)
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Phone281-870-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.71 billion
Profitability
Miscellaneous
Employees31,900
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable
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 the morning of 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) issued its quarterly earnings data on Monday, April, 29th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.07. The oil and gas company earned $2.21 billion during the quarter, compared to analysts' expectations of $2.18 billion. McDermott International had a negative net margin of 33.44% and a negative return on equity of 5.13%. McDermott International's revenue for the quarter was up 263.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 EPS. View McDermott International's Earnings History.
When is McDermott International's next earnings date?
What guidance has McDermott International issued on next quarter's earnings?
McDermott International updated its FY 2019 earnings guidance on Monday, April, 29th. The company provided earnings per share guidance of $1.65-1.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.57. The company issued revenue guidance of $10-10 billion, compared to the consensus revenue estimate of $9.91 billion.
What price target have analysts set for MDR?
2 brokers have issued 12 month price objectives for McDermott International's shares. Their forecasts range from $13.00 to $38.00. On average, they expect McDermott International's stock price to reach $24.6667 in the next year. This suggests a possible upside of 297.8% from the stock's current price. View Analyst Price Targets for McDermott International.
What is the consensus analysts' recommendation for McDermott International?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for McDermott International.
Has McDermott International been receiving favorable news coverage?
News coverage about MDR stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. McDermott International earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of McDermott International's key competitors?
What other stocks do shareholders of McDermott International own?
Who are McDermott International's key executives?
McDermott International's management team includes the folowing people:
- Mr. David Dickson, Pres, CEO & Director (Age 51)
- Mr. Stuart A. Spence, Exec. VP & CFO (Age 50)
- Mr. John Mark Freeman, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 57)
- Mr. Ian Francis Prescott, Sr. VP of Asia Pacific (Age 55)
- Mr. Samik Mukherjee, Group Sr. VP of Projects (Age 49)
Who are McDermott International's major shareholders?
McDermott International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.57%), Dimensional Fund Advisors LP (6.01%), AQR Capital Management LLC (4.10%), LSV Asset Management (3.81%), Kingstown Capital Management L.P. (3.32%) and Hotchkis & Wiley Capital Management LLC (2.02%). Company insiders that own McDermott International stock include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Scott Munro, Stuart Spence and Tareq Kawash. View Institutional Ownership Trends for McDermott International.
Which institutional investors are selling McDermott International stock?
MDR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Hsbc Holdings PLC, Morgan Stanley, Thornburg Investment Management Inc., BlackRock Inc., Voya Investment Management LLC, FMR LLC and Northern Trust Corp. View Insider Buying and Selling for McDermott International.
Which institutional investors are buying McDermott International stock?
MDR stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Dimensional Fund Advisors LP, Neuberger Berman Group LLC, Kingstown Capital Management L.P., Cooper Creek Partners Management LLC, 361 Capital LLC, First Trust Advisors LP and Trexquant Investment LP. Company insiders that have bought McDermott International stock in the last two years include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Stuart Spence and Tareq Kawash. 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 $6.20.
How big of a company is McDermott International?
McDermott International has a market capitalization of $1.13 billion and generates $6.71 billion in revenue each year. The oil and gas company earns $-2,687,000,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. McDermott International employs 31,900 workers across the globe.
What is McDermott International's official website?
How can I contact McDermott International?
McDermott International's mailing address is 757 NORTH ELDRIDGE PARKWAY, HOUSTON TX, 77079. 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.
