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
Current SymbolNYSE:MDR
Previous Symbol
CUSIP58003710
Phone281-870-5000
Debt
Debt-to-Equity Ratio0.96
Current Ratio0.78
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio4.50
Forward P/E Ratio8.39
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.98 billion
Price / Sales0.52
Cash Flow$3.2977 per share
Price / Cash2.62
Book Value$19.92 per share
Price / Book0.43
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$178.54 million
Net Margins2.05%
Return on Equity8.40%
Return on Assets3.03%
Miscellaneous
Employees11,800
Outstanding Shares180,540,000
Market Cap$1.48 billion
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's stock 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) released its quarterly earnings data on Tuesday, October, 30th. The oil and gas company reported $0.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.09. The oil and gas company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.50 billion. McDermott International had a net margin of 2.05% and a return on equity of 8.40%. McDermott International's revenue for the quarter was up 138.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 EPS. View McDermott International's Earnings History.
When is McDermott International's next earnings date?
What price target have analysts set for MDR?
5 Wall Street analysts have issued 1-year price targets for McDermott International's stock. Their forecasts range from $13.00 to $38.00. On average, they expect McDermott International's stock price to reach $26.38 in the next twelve months. This suggests a possible upside of 205.3% from the stock's current price. View Analyst Price Targets for McDermott International.
What is the consensus analysts' recommendation for McDermott International?
5 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 1 buy 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?
Headlines about MDR stock have trended extremely positive on Friday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. McDermott International earned a news impact score of 4.2 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media 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?
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)
Who are McDermott International's major shareholders?
McDermott International's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.68%), Dimensional Fund Advisors LP (4.97%), Fairpointe Capital LLC (4.69%), LSV Asset Management (3.31%), Franklin Resources Inc. (2.41%) and NWQ Investment Management Company LLC (2.11%). Company insiders that own McDermott International stock include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Scott Munro and Stuart Spence. 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 Fairpointe Capital LLC, Rubric Capital Management LP, SG Americas Securities LLC, Panagora Asset Management Inc., Canada Pension Plan Investment Board, Clearline Capital LP, Canal Insurance CO and Beck Mack & Oliver LLC. 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 AQR Capital Management LLC, Luminus Management LLC, BlackRock Inc., NWQ Investment Management Company LLC, Kingstown Capital Management L.P., Nokota Management LP, Nokota Management LP and Diameter Capital Partners LP. Company insiders that have bought McDermott International stock in the last two years include David Dickson, Gary Luquette, Ian Prescott, Linh Austin and Stuart Spence. 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 $8.64.
How big of a company is McDermott International?
McDermott International has a market capitalization of $1.48 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.
What is McDermott International's official website?
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.
