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.
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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 Date10/29/2019 (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?
McDermott International shares 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 market closes 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) posted its earnings results on Monday, July, 29th. The oil and gas company reported ($0.07) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.15. The oil and gas company earned $2.14 billion during the quarter, compared to the consensus estimate of $2.25 billion. McDermott International had a negative return on equity of 12.08% and a negative net margin of 33.95%. The firm's revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share. 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 issued an update on its FY19 earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of ~($0.32) for the period, compared to the Thomson Reuters consensus EPS estimate of $1.59. The company issued revenue guidance of ~$9.5 billion, compared to the consensus revenue estimate of $10.02 billion.
What price target have analysts set for MDR?
1 brokers have issued 1 year target prices for McDermott International's stock. Their forecasts range from $11.00 to $11.00. On average, they expect McDermott International's share price to reach $11.00 in the next year. This suggests a possible upside of 146.1% from the stock's current price. View Analyst Price Targets for McDermott International.
What is the consensus analysts' recommendation for McDermott International?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 1 hold rating 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 headlines about MDR stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. McDermott International earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for McDermott International.
Are investors shorting McDermott International?
McDermott International saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 40,304,300 shares, a decline of 7.9% from the June 30th total of 43,737,900 shares. Based on an average trading volume of 5,380,000 shares, the days-to-cover ratio is currently 7.5 days. Approximately 22.5% of the shares of the company are sold short. View McDermott International's Current Options Chain.
Who are some of McDermott International's key competitors?
Some companies that are related to McDermott International include Murphy Oil (MUR), Sunoco (SUN), Subsea 7 (SUBCY), NuStar Energy (NS), Black Stone Minerals (BSM), Holly Energy Partners (HEP), AmeriGas Partners (APU), EQT (EQT), Murphy USA (MUSA), Nextera Energy Partners (NEP), Transocean (RIG), Rattler Midstream (RTLR), TC Pipelines (TCP), PBF Energy (PBF) and Magnolia Oil & Gas (MGY).
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 a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.44%), Vanguard Group Inc. (8.96%), Kingstown Capital Management L.P. (4.40%), Luminus Management LLC (3.72%), LSV Asset Management (3.28%) and Van ECK Associates Corp (2.13%). 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 major investors are selling McDermott International stock?
MDR stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Steadfast Capital Management LP, LSV Asset Management, Wells Fargo & Company MN, First Trust Advisors LP, Bank of America Corp DE, Morgan Stanley and Vanguard Group Inc.. View Insider Buying and Selling for McDermott International.
Which major investors are buying McDermott International stock?
MDR stock was acquired by a variety of institutional investors in the last quarter, including Luminus Management LLC, Kingstown Capital Management L.P., Nuveen Asset Management LLC, Van ECK Associates Corp, Russell Investments Group Ltd., Invesco Ltd., Charles Schwab Investment Management Inc. and Phocas Financial Corp.. 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 $4.47.
How big of a company is McDermott International?
McDermott International has a market capitalization of $812.02 million 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.View Additional Information About McDermott International.
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.
