McDermott International Company Profile (NYSE:MDR)

About McDermott International (NYSE:MDR)

McDermott International logoMcDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. 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. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil Related Services and Equipment - NEC
  • Sub-Industry: Oil & Gas Equipment & Services
  • Symbol: NYSE:MDR
  • CUSIP: 58003710
  • Web:
  • Market Cap: $1.95943 billion
  • Outstanding Shares: 283,862,000
Average Prices:
  • 50 Day Moving Avg: $6.99
  • 200 Day Moving Avg: $6.96
  • 52 Week Range: $4.41 - $8.33
  • Trailing P/E Ratio: 34.65
  • Foreward P/E Ratio: 16.12
  • P/E Growth: 0.95
Sales & Book Value:
  • Annual Revenue: $2.43 billion
  • Price / Sales: 0.81
  • Book Value: $6.49 per share
  • Price / Book: 1.07
  • EBIDTA: $275.65 million
  • Net Margins: 2.95%
  • Return on Equity: 5.55%
  • Return on Assets: 2.78%
  • Debt-to-Equity Ratio: 0.32%
  • Current Ratio: 1.63%
  • Quick Ratio: 2.01%
  • Average Volume: 4.27 million shs.
  • Beta: 1.38
  • Short Ratio: 3.96
Frequently Asked Questions for McDermott International (NYSE:MDR)

What is McDermott International's stock symbol?

McDermott International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDR."

How were McDermott International's earnings last quarter?

McDermott International, Inc. (NYSE:MDR) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The company earned $788.20 million during the quarter, compared to analysts' expectations of $856.54 million. McDermott International had a net margin of 2.95% and a return on equity of 5.55%. McDermott International's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share. View McDermott International's Earnings History.

What guidance has McDermott International issued on next quarter's earnings?

McDermott International updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of ~$0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.41. The company issued revenue guidance of ~$3.2 billion, compared to the consensus revenue estimate of $3.19 billion.

Where is McDermott International's stock going? Where will McDermott International's stock price be in 2017?

8 brokers have issued 12-month price targets for McDermott International's stock. Their forecasts range from $7.00 to $10.00. On average, they anticipate McDermott International's share price to reach $8.26 in the next year. View Analyst Ratings for McDermott International.

Are investors shorting McDermott International?

McDermott International saw a decrease in short interest in July. As of July 14th, there was short interest totalling 22,043,197 shares, a decrease of 10.8% from the June 30th total of 24,719,451 shares. Based on an average trading volume of 3,388,216 shares, the short-interest ratio is currently 6.5 days. Currently, 7.9% of the company's shares are sold short.

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:

  • David Dickson, President, Chief Executive Officer, Director
  • Stuart E. Spence, Chief Financial Officer, Executive Vice President
  • Liane K. Hinrichs, Senior Vice President, General Counsel, Corporate Secretary
  • Jonathan Kennefick, Senior Vice President, Project Execution and Delivery
  • Brian McLaughlin, Senior Vice President, Commercial
  • Christopher A. Krummel, Vice President - Finance, Chief Accounting Officer
  • Ty Lawrence, Vice President, Treasurer and Investor Relations
  • Kathy Murray, Vice President, Treasurer
  • Andrew Leys, Vice President of Human Resources
  • Linh Austin, Vice President, Middle East and Caspian

Who owns McDermott International stock?

McDermott International's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (2.45%), James Investment Research Inc. (1.45%), Russell Investments Group Ltd. (0.29%), Bank of Montreal Can (0.26%), Boston Advisors LLC (0.23%) and Great West Life Assurance Co. Can (0.16%). View Institutional Ownership Trends for McDermott International.

Who sold McDermott International stock? Who is selling McDermott International stock?

McDermott International's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, James Investment Research Inc., Russell Investments Group Ltd., KAMES CAPITAL plc and Aperio Group LLC. View Insider Buying and Selling for McDermott International.

Who bought McDermott International stock? Who is buying McDermott International stock?

McDermott International's stock was bought by a variety of institutional investors in the last quarter, including Creative Planning, Great West Life Assurance Co. Can, Louisiana State Employees Retirement System, Strs Ohio, State of Alaska Department of Revenue, Bowling Portfolio Management LLC, Boston Advisors LLC and CIBC Asset Management Inc. View Insider Buying and Selling for McDermott International.

How do I buy McDermott International stock?

Shares of McDermott International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is McDermott International's stock price today?

One share of McDermott International stock can currently be purchased for approximately $6.93.

MarketBeat Community Rating for McDermott International (NYSE MDR)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  576
MarketBeat's community ratings are surveys of what our community members think about McDermott International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for McDermott International (NYSE:MDR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $8.26 (19.15% upside)

Analysts' Ratings History for McDermott International (NYSE:MDR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017ScotiabankUpgradeSector Perform -> Buy$9.00MediumView Rating Details
5/25/2017Scotia Howard WeillUpgradeSector Perform -> Sector OutperformMediumView Rating Details
4/22/2017Deutsche Bank AGReiterated RatingHold$8.00 -> $7.00LowView Rating Details
1/31/2017Credit Suisse GroupBoost Price TargetNeutral$5.45 -> $8.80N/AView Rating Details
1/23/2017Citigroup Inc.Boost Price TargetNeutral$6.00 -> $8.00N/AView Rating Details
12/20/2016KeyCorpUpgradeSector Weight -> Overweight$10.00N/AView Rating Details
9/22/2016Imperial CapitalReiterated RatingOutperform$7.00N/AView Rating Details
5/24/2016Sterne Agee CRTInitiated CoverageNeutralN/AView Rating Details
4/19/2016Morgan StanleyBoost Price TargetUnderweight$3.00 -> $4.00N/AView Rating Details
3/14/2016DA DavidsonBoost Price TargetNeutral$3.00 -> $4.00N/AView Rating Details
11/10/2015William BlairReiterated RatingHold$5.50N/AView Rating Details
10/8/2015Vertical GroupDowngradeHoldN/AView Rating Details
10/8/2015Vertical ResearchDowngradeBuy -> HoldN/AView Rating Details
8/28/2015Cowen and CompanyReiterated RatingBuy$7.00N/AView Rating Details
(Data available from 7/28/2015 forward)


Earnings History for McDermott International (NYSE:MDR)
Earnings by Quarter for McDermott International (NYSE:MDR)
Earnings History by Quarter for McDermott International (NYSE MDR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017Q2 2017$0.16$0.13$856.54 million$788.20 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.01$0.08$689.30 million$519.40 millionViewN/AView Earnings Details
2/21/2017Q416($0.01)$0.02$614.01 million$641.80 millionViewListenView Earnings Details
10/25/2016Q316($0.06)$0.09$630.05 million$558.54 millionViewListenView Earnings Details
7/26/2016Q216$0.02$0.08$753.43 million$706.60 millionViewListenView Earnings Details
5/5/2016Q116$0.01$0.13$700.70 million$729.00 millionViewListenView Earnings Details
2/22/2016Q4($0.11)$0.06$757.82 million$667.40 millionViewListenView Earnings Details
11/9/2015Q3($0.05)$0.09$753.43 million$805.90 millionViewListenView Earnings Details
8/10/2015Q215($0.05)$0.12$830.30 million$1.05 billionViewListenView Earnings Details
5/11/2015Q115($0.08)($0.02)$759.10 million$550.50 millionViewListenView Earnings Details
3/2/2015Q414($0.06)$0.03$715.83 million$806.40 millionViewListenView Earnings Details
11/5/2014Q314($0.10)($0.14)$686.50 million$415.00 millionViewListenView Earnings Details
8/4/2014Q214($0.17)($0.05)$651.31 million$476.00 millionViewListenView Earnings Details
5/7/2014Q114($0.12)($0.21)$664.56 million$603.80 millionViewListenView Earnings Details
3/3/2014Q413$0.15($1.37)$825.61 million$517.00 millionViewListenView Earnings Details
11/5/2013Q313($0.03)($0.27)$743.13 million$686.86 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.03($0.63)$757.87 million$647.25 millionViewListenView Earnings Details
5/8/2013Q1 2013$0.14$0.09$748.58 million$807.50 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.23$0.17$981.49 million$995.95 millionViewListenView Earnings Details
11/5/2012Q312$0.24$0.21$984.96 million$1.03 billionViewN/AView Earnings Details
8/6/2012$0.22$0.22ViewN/AView Earnings Details
5/10/2012$0.15$0.25ViewN/AView Earnings Details
2/29/2012$0.20$0.04ViewN/AView Earnings Details
11/8/2011$0.04$0.04ViewN/AView Earnings Details
8/3/2011$0.32$0.27ViewN/AView Earnings Details
5/10/2011$0.28$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for McDermott International (NYSE:MDR)
2017 EPS Consensus Estimate: $0.29
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.03)$0.03$0.00
Q2 20172$0.05$0.17$0.11
Q3 20172$0.07$0.24$0.16
Q4 20172$0.00$0.05$0.03
(Data provided by Zacks Investment Research)


Dividend History for McDermott International (NYSE:MDR)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for McDermott International (NYSE:MDR)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 73.98%
Insider Trades by Quarter for McDermott International (NYSE:MDR)
Institutional Ownership by Quarter for McDermott International (NYSE:MDR)
Insider Trades by Quarter for McDermott International (NYSE:MDR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/14/2014David A TriceDirectorBuy20,000$4.16$83,200.00View SEC Filing  
9/5/2014David DicksonCEOSell70,000$7.18$502,600.00View SEC Filing  
6/10/2014John F Bookout IIIDirectorBuy50,000$7.71$385,500.00View SEC Filing  
3/7/2014William SchumannDirectorBuy20,000$7.86$157,200.00View SEC Filing  
8/8/2013Stephen Marcum JohnsonCEOBuy74,180$6.74$499,973.20View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for McDermott International (NYSE:MDR)
Latest Headlines for McDermott International (NYSE:MDR)
DateHeadline logoMcDermott International Is Still A Bargain - Seeking Alpha - July 28 at 3:50 AM logoMcDermott International, Inc. (NYSE:MDR) Expected to Earn Q3 2017 Earnings of $0.24 Per Share - July 27 at 8:44 AM logoMcDermott International, Inc. :MDR-US: Earnings Analysis: Q2, 2017 By the Numbers : July 26, 2017 - July 27 at 4:17 AM logoMcDermott International, Inc. (MDR) Upgraded to "B-" by TheStreet - July 26 at 9:18 PM logo$972.58 Million in Sales Expected for McDermott International, Inc. (NYSE:MDR) This Quarter - July 26 at 3:53 PM logoMcDermott International Inc. Profit Rises 60% In Q2 - July 25 at 11:50 PM logoMcDermott International's (MDR) CEO David Dickson on Q2 2017 Results - Earnings Call Transcript - July 25 at 11:50 PM logoInvestor Network: McDermott International, Inc. to Host Earnings Call - July 25 at 11:50 PM logoMcDermott Reports Second Quarter 2017 Financial and Operational Results - July 25 at 11:50 PM logoCore Laboratories (CLB) Q2 Earnings Top Estimates, Sales Lag - July 25 at 11:50 PM logoMcDermott misses 2Q profit forecasts - July 25 at 11:50 PM logoEdited Transcript of MDR earnings conference call or presentation 25-Jul-17 12:30pm GMT - July 25 at 11:50 PM logoMcDermott International, Inc. (NYSE:MDR) Announces Quarterly Earnings Results - July 25 at 9:59 AM logoMcDermott International, Inc. (MDR) Updates FY17 Earnings Guidance - July 25 at 9:49 AM logoWhat's in Store for National Oilwell (NOV) in Q2 Earnings? - Nasdaq - July 24 at 1:29 PM logoZacks: Analysts Expect McDermott International, Inc. (NYSE:MDR) to Post $0.16 Earnings Per Share - July 24 at 11:04 AM logoMcDermott International, Inc. (MDR) Upgraded to Strong-Buy by Zacks Investment Research - July 20 at 1:48 PM logoContrasting McDermott International (NYSE:MDR) and Frank's International N.V. (FI) - July 18 at 12:26 AM logoShort Interest in Schlumberger on July 14, 2017 - July 17 at 6:24 PM logoMcDermott International, Inc. (NYSE:MDR) Short Interest Up 217.0% in June - July 17 at 7:10 AM logoFeatured Company News – McDermott Announced $810 Million Credit Agreement; Set to Increase Letter of Credit Capacity - July 8 at 12:31 PM logoMcDermott International, Inc. (NYSE:MDR) Upgraded by BidaskClub to Buy - July 6 at 10:52 PM logoMcDermott International, Inc. -- Moody's Says McDermott's Credit Facility Amendment is Credit Positive - July 5 at 9:23 PM logoHead to Head Analysis: Gulf Island Fabrication (GIFI) and McDermott International (NYSE:MDR) - July 4 at 12:15 AM logoMcDermott Announces $810 Million Credit Agreement - July 3 at 8:10 PM logoMcDermott International, Inc. (MDR) Given Consensus Rating of "Hold" by Analysts - July 3 at 12:40 PM logo$852.58 Million in Sales Expected for McDermott International, Inc. (MDR) This Quarter - June 29 at 9:12 AM logoZacks: Brokerages Anticipate McDermott International, Inc. (MDR) to Announce $0.15 Earnings Per Share - June 27 at 10:22 PM logoMcDermott International, Inc. (MDR) Stock Rating Lowered by Zacks Investment Research - June 27 at 1:36 PM logoMedidata Solutions Set to Join S&P MidCap 400; McDermott International to Join S&P SmallCap 600 - PR Newswire (press release) - June 20 at 7:27 PM logoMedidata Solutions (MDSO) to Join S&P MidCap 400; McDermott International (MDR) to Join S&P SmallCap 600 - - June 20 at 7:27 PM logoSchlumberger’s 7-Day Stock Forecast as of June 16 - June 20 at 7:54 AM logoETFs with exposure to McDermott International, Inc. : June 15, 2017 - June 16 at 7:39 AM logoBidaskClub Upgrades McDermott International, Inc. (MDR) to Sell - June 13 at 11:04 PM logoMcDermott International, Inc. – Value Analysis (NYSE:MDR) : June 13, 2017 - June 13 at 6:37 PM logoMcDermott Completes Load-out and Install of First Jacket from Dammam Fabrication Yard - GlobeNewswire (press release) - June 13 at 8:01 AM logoMcDermott Completes Load-out and Install of First Jacket from Dammam Fabrication Yard - June 13 at 8:01 AM logoMcDermott International, Inc. breached its 50 day moving average in a Bullish Manner : MDR-US : June 12, 2017 - June 12 at 9:23 AM logoCabot's Marcellus Presence Impress, Falling Gas Prices a Woe - June 9 at 11:42 PM logoMcDermott CEO steers 'fallen giant' to calmer waters - June 9 at 11:42 PM logoMDR Makes Bullish Cross Above Critical Moving Average - June 9 at 6:40 PM logoCabot's Marcellus Presence Impress, Falling Gas Prices a Woe - June 9 at 6:40 PM logoMcDermott Awarded Angelin EPCIC Contract from BP Trinidad & Tobago - GlobeNewswire (press release) - June 7 at 9:17 AM logoMcDermott International (MDR) Lowered to "Hold" at ValuEngine - June 6 at 8:33 PM logoMcDermott International (MDR) Receives Average Recommendation of "Buy" from Brokerages - June 6 at 12:53 PM logoMcDermott Int'l (MDR) Secures Angelin EPCIC Contract from BP Trinidad & Tobago - - June 6 at 12:10 AM logoMcDermott wins Angelin contract from BP for Trinidad and Tobago work - June 5 at 7:09 PM logoMcDermott Awarded Angelin EPCIC Contract from BP Trinidad & Tobago - June 5 at 8:22 AM logoMcDermott International (MDR) Expected to Post Quarterly Sales of $852.58 Million - June 3 at 7:50 AM logoWilliams Partners (WPZ) Prices Senior Notes Worth $1.45B - June 2 at 7:50 PM



McDermott International (MDR) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff