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 Date2/24/2020 (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 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 quarterly earnings results on Monday, November, 4th. The oil and gas company reported ($1.80) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.73) by $1.07. The oil and gas company earned $2.12 billion during the quarter, compared to the consensus estimate of $2.45 billion. McDermott International had a negative return on equity of 349.92% and a negative net margin of 56.57%. McDermott International's revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 EPS. View McDermott International's Earnings History.
When is McDermott International's next earnings date?
What price target have analysts set for MDR?
3 equities research analysts have issued 12 month price objectives for McDermott International's shares. Their forecasts range from $7.00 to $7.00. On average, they expect McDermott International's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 895.4% from the stock's current price. View Analyst Price Targets for McDermott International.
What is the consensus analysts' recommendation for McDermott International?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for McDermott International.
Has McDermott International been receiving favorable news coverage?
News headlines about MDR stock have trended neutral recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. McDermott International earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near term. View News Stories for McDermott International.
Are investors shorting McDermott International?
McDermott International saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 91,810,000 shares, a decline of 7.6% from the January 15th total of 99,340,000 shares. Based on an average trading volume of 18,700,000 shares, the days-to-cover ratio is presently 4.9 days. Approximately 58.2% of the shares of the stock 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 Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Oceaneering International (OII), Helix Energy Solutions Group (HLX), RPC (RES), Seacor (CKH), Oil States International (OIS), Tidewater (TDW), Newpark Resources (NR), Matrix Service (MTRX), Era Group (ERA) and Geospace Technologies (GEOS).
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 retail and institutional investors. Top institutional investors include AQR Capital Management LLC (5.03%), State Street Corp (3.15%), Charles Schwab Investment Management Inc. (2.68%), Van ECK Associates Corp (2.26%), LSV Asset Management (1.83%) and Bank of New York Mellon Corp (1.33%). Company insiders that own McDermott International stock include David Dickson, Gary Luquette, Hook Sandra, 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 LSV Asset Management, State Street Corp, Principal Financial Group Inc., Aristeia Capital LLC, Barnett & Company Inc., Arizona State Retirement System, First Trust Advisors LP and Public Sector Pension Investment Board. 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, Charles Schwab Investment Management Inc., Van ECK Associates Corp, Baupost Group LLC MA, Glendon Capital Management LP, Bank of New York Mellon Corp, Capital World Investors and Victory Capital Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is McDermott International's stock price today?
One share of MDR stock can currently be purchased for approximately $0.70.
How big of a company is McDermott International?
McDermott International has a market capitalization of $127.86 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.
