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

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$7.25 -0.04 (-0.55 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$7.29
Today's Range$7.17 - $7.34
52-Week Range$6.10 - $23.02
Volume3.52 million shs
Average Volume4.92 million shs
Market Capitalization$1.32 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.73
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. The company also provides gas processing, refining, petrochemical and coal gasification technologies, as well as a supplies catalysts, equipment, and related engineering services. It serves national, integrated, and other oil and gas companies, as well as producers of petrochemicals and electric power. 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$12.9464 per share
Book Value$3.73 per share

Profitability

Net Income$-2,687,000,000.00

Miscellaneous

Employees31,900
Market Cap$1.32 billion
Next Earnings Date7/30/2019 (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?

Shares of McDermott International 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 closing bell 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) announced its quarterly earnings results on Monday, April, 29th. The oil and gas company reported $0.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.07. The oil and gas company earned $2.21 billion during the quarter, compared to the consensus estimate of $2.18 billion. McDermott International had a negative return on equity of 5.13% and a negative net margin of 33.44%. McDermott International's quarterly revenue was up 263.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.51 EPS. 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, July 30th 2019. View Earnings Estimates for McDermott International.

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

McDermott International updated its FY 2019 earnings guidance on Monday, April, 29th. The company provided earnings per share (EPS) guidance of $1.65-1.65 for the period, compared to the Thomson Reuters consensus estimate of $1.57. The company issued revenue guidance of $10-10 billion, compared to the consensus revenue estimate of $9.91 billion.

What price target have analysts set for MDR?

2 equities research analysts have issued 1-year price objectives for McDermott International's stock. Their forecasts range from $13.00 to $38.00. On average, they anticipate McDermott International's share price to reach $24.6667 in the next twelve months. This suggests a possible upside of 240.2% 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?

Press coverage about MDR stock has been trending somewhat positive this week, according to InfoTrie. The research firm rates 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 nearest to five being the most favorable. McDermott International earned a coverage optimism score of 1.3 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely 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), Bank of America (BAC), Chicago Bridge & Iron (CBI), AT&T (T), Micron Technology (MU), Chesapeake Energy (CHK), Ford Motor (F), Advanced Micro Devices (AMD), Intel (INTC) and NVIDIA (NVDA).

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. (11.57%), Dimensional Fund Advisors LP (6.01%), AQR Capital Management LLC (4.10%), LSV Asset Management (3.81%), Kingstown Capital Management L.P. (3.32%) and Hotchkis & Wiley Capital Management LLC (2.02%). 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 institutional investors are selling McDermott International stock?

MDR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Hsbc Holdings PLC, Morgan Stanley, Thornburg Investment Management Inc., BlackRock Inc., Voya Investment Management LLC, FMR LLC and Northern Trust Corp. View Insider Buying and Selling for McDermott International.

Which institutional investors are buying McDermott International stock?

MDR stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Dimensional Fund Advisors LP, Neuberger Berman Group LLC, Kingstown Capital Management L.P., Cooper Creek Partners Management LLC, 361 Capital LLC, First Trust Advisors LP and Trexquant Investment LP. 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 $7.25.

How big of a company is McDermott International?

McDermott International has a market capitalization of $1.32 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:  401 (Vote Outperform)
Underperform Votes:  528 (Vote Underperform)
Total Votes:  929
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 5/21/2019 by MarketBeat.com Staff

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