NYSE:MDR - McDermott International Stock Price, News, & Analysis

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$7.03 -0.42 (-5.64 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$7.45
Today's Range$7.02 - $7.43
52-Week Range$6.10 - $23.36
Volume7.33 million shs
Average Volume5.03 million shs
Market Capitalization$1.27 billion
P/E Ratio-7.10
Dividend YieldN/A
Beta2.76
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.

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Industry, Sector and Symbol

Industry Fabricated plate work (boiler shop)
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP58003710
Phone281-870-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.71 billion
Cash Flow$12.1207 per share
Book Value$4.56 per share

Profitability

Net Income$-2,687,000,000.00

Miscellaneous

Employees31,900
Market Cap$1.27 billion
Next Earnings Date4/23/2019 (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 before market open on 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 data on Monday, February, 25th. The oil and gas company reported ($1.55) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $1.76. The oil and gas company earned $2.07 billion during the quarter, compared to analyst estimates of $2.64 billion. McDermott International had a negative net margin of 40.07% and a negative return on equity of 3.20%. The company's quarterly revenue was up 188.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. View McDermott International's Earnings History.

When is McDermott International's next earnings date?

McDermott International is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for McDermott International.

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

McDermott International updated its FY19 earnings guidance on Monday, February, 25th. The company provided EPS guidance of $1.65-1.75 for the period, compared to the Thomson Reuters consensus estimate of $1.47. The company issued revenue guidance of $9.5-10.5 billion, compared to the consensus revenue estimate of $9.76 billion.McDermott International also updated its FY 2019 guidance to $1.65-1.75 EPS.

What price target have analysts set for MDR?

2 brokerages 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 $24.6667 in the next year. This suggests a possible upside of 250.9% 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?

Headlines about MDR stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. McDermott International earned a coverage optimism score of 2.2 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of McDermott International's key competitors?

What other stocks do shareholders of McDermott International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McDermott International investors own include General Electric (GE), Micron Technology (MU), Bank of America (BAC), Chesapeake Energy (CHK), Advanced Micro Devices (AMD), Ford Motor (F), AT&T (T), Chicago Bridge & Iron (CBI), Exxon Mobil (XOM) and Intel (INTC).

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. Scott Munro, Sr. VP & Corp. Devel. Officer (Age 44)
  • Mr. Brian McLaughlin, Sr. VP & Chief Commercial Officer (Age 48)
  • Mr. Linh Austin, Sr. VP of Middle East & North Africa (Age 49)

Who are McDermott International's major shareholders?

McDermott International's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.74%), Dimensional Fund Advisors LP (5.11%), LSV Asset Management (3.85%), Van ECK Associates Corp (2.35%), Millennium Management LLC (1.72%) and Northern Trust Corp (1.60%). 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 Northern Trust Corp, James Investment Research Inc., Barnett & Company Inc., Geode Capital Management LLC, Geode Capital Management LLC, Bank of New York Mellon Corp, Sippican Capital Advisors and Chicago Equity Partners LLC. View Insider Buying and Selling for McDermott International.

Which major investors are buying McDermott International stock?

MDR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Van ECK Associates Corp, LSV Asset Management, Towle & Co., Boston Partners, Hsbc Holdings PLC and Oregon Public Employees Retirement Fund. 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 $7.03.

How big of a company is McDermott International?

McDermott International has a market capitalization of $1.27 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?

The official website for McDermott International is http://www.mcdermott.com.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  519 (Vote Underperform)
Total Votes:  915
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.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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