About McDermott International (NYSE:MDR)
McDermott 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
Industry Oil Related Services and Equipment
Sub-IndustryOil & Gas Equipment & Services
Trailing P/E Ratio8.21739130434783
Forward P/E Ratio16.09
Sales & Book Value
Annual Sales$2.98 billion
Price / Sales0.72
Cash Flow$1.06 per share
Price / Cash7.12
Book Value$6.30 per share
Price / Book1.20
Net Income$34.11 million
Return on Equity10.68%
Return on Assets5.51%
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."
How were McDermott International's earnings last quarter?
McDermott International Inc (NYSE:MDR) released its quarterly earnings results on Wednesday, February, 21st. The oil and gas company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.06. The oil and gas company earned $718.10 million during the quarter, compared to analysts' expectations of $744.57 million. McDermott International had a return on equity of 10.68% and a net margin of 5.98%. The firm's revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.02 EPS. View McDermott International's Earnings History.
When will McDermott International make its next earnings announcement?
What guidance has McDermott International issued on next quarter's earnings?
McDermott International updated its FY18 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $0.42-0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.46. The company issued revenue guidance of $3.1-3.3 billion, compared to the consensus revenue estimate of $3.07 billion.
Where is McDermott International's stock going? Where will McDermott International's stock price be in 2018?
9 brokerages have issued twelve-month target prices for McDermott International's stock. Their forecasts range from $8.30 to $11.00. On average, they anticipate McDermott International's share price to reach $9.42 in the next year. View Analyst Ratings for McDermott International.
Are investors shorting McDermott International?
McDermott International saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 52,334,669 shares, an increase of 16.2% from the January 12th total of 45,057,172 shares. Based on an average daily trading volume, of 10,087,858 shares, the days-to-cover ratio is currently 5.2 days. Approximately 18.6% of the company's stock are short sold.
Who are some of McDermott International's key competitors?
Some companies that are related to McDermott International include RPC (RES), Antero Midstream GP (AMGP), Targa Pipeline Partners (APL), Oceaneering International (OII), Petrofac (PFC), Superior Energy Services (SPN), Franks International (FI), Forum Energy Technologies (FET), Usa Compression Partners (USAC), Fairmount Santrol (FMSA), Exterran (EXTN), Helix Energy Solutions Group (HLX), Archrock Partners (APLP), Solaris Oilfield Infrastructure (SOI), Newpark Resources (NR), Archrock (AROC), NCS Multistage (NCSM) and Tidewater (TDW).
Who are McDermott International's key executives?
McDermott International's management team includes the folowing people:
- David Dickson, President, Chief Executive Officer, Director (Age 49)
- Stuart E. Spence, Chief Financial Officer, Executive Vice President (Age 48)
- Jonathan Kennefick, Senior Vice President, Project Execution and Delivery (Age 48)
- Brian McLaughlin, Senior Vice President, Commercial (Age 46)
- Christopher A. Krummel, Vice President - Finance, Chief Accounting Officer (Age 49)
- Ty Lawrence, Vice President, Treasurer and Investor Relations
- Kathy Murray, Vice President, Treasurer
- Andrew Leys, Vice President of Human Resources (Age 38)
- Linh Austin, Vice President, Middle East and Caspian
- Scott Munro, Vice President, Americas, Europe and Africa (Age 42)
Who owns McDermott International stock?
McDermott International's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.94%), Fairpointe Capital LLC (5.88%), LSV Asset Management (5.08%), Bank of New York Mellon Corp (1.26%), Geode Capital Management LLC (1.16%) and Schwab Charles Investment Management Inc. (1.03%). 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, Gotham Asset Management LLC, Bank of Montreal Can, LSV Asset Management, Allianz Asset Management GmbH, Paloma Partners Management Co, Brandywine Global Investment Management LLC and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for McDermott International.
Who bought McDermott International stock? Who is buying McDermott International stock?
McDermott International's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Clearline Capital LP, Evanston Investments Inc. dba Evanston Advisors, Hudson Bay Capital Management LP, Fairpointe Capital LLC, Proxima Capital Management LLC, Boston Partners and Archer Capital Management L.P.. 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 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 McDermott International stock can currently be purchased for approximately $7.56.
How big of a company is McDermott International?
McDermott International has a market capitalization of $2.15 billion and generates $2.98 billion in revenue each year. The oil and gas company earns $34.11 million in net income (profit) each year or $0.92 on an earnings per share basis. McDermott International employs 12,400 workers across the globe.
How can I contact McDermott International?
McDermott International's mailing address is 777 N Eldridge Pkwy, HOUSTON, TX 77079-4425, United States. The oil and gas company can be reached via phone at +1-281-8705000 or via email at [email protected]
MarketBeat Community Rating for McDermott International (MDR)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.
McDermott International (NYSE:MDR) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Buy|
|Consensus Rating Score: ||2.44||2.38||2.43||2.50|
|Ratings Breakdown: ||1 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$9.42||$7.89||$7.93||$8.26|
|Price Target Upside: ||27.82% upside||12.17% downside||3.73% upside||43.10% upside|
McDermott International (NYSE:MDR) Consensus Price Target History
McDermott International (NYSE:MDR) Analyst Ratings History
(Data available from 2/25/2016 forward)
McDermott International (NYSE:MDR) Earnings History and Estimates Chart
McDermott International (NYSE MDR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/21/2018||Q4 2017||$0.04||$0.10||$744.57 million||$718.10 million||View||Listen|
|11/1/2017||Q3 2017||$0.19||$0.33||$977.28 million||$958.50 million||View||N/A|
|7/25/2017||Q2 2017||$0.16||$0.13||$856.54 million||$788.20 million||View||N/A|
|4/25/2017||Q1 2017||$0.01||$0.08||$689.30 million||$519.40 million||View||N/A|
|2/21/2017||Q416||($0.01)||$0.02||$614.01 million||$641.80 million||View||Listen|
|10/25/2016||Q316||($0.06)||$0.09||$630.05 million||$558.54 million||View||Listen|
|7/26/2016||Q216||$0.02||$0.08||$753.43 million||$706.60 million||View||Listen|
|5/5/2016||Q116||$0.01||$0.13||$700.70 million||$729.00 million||View||Listen|
|2/22/2016||Q4||($0.11)||$0.06||$757.82 million||$667.40 million||View||Listen|
|11/9/2015||Q3||($0.05)||$0.09||$753.43 million||$805.90 million||View||Listen|
|8/10/2015||Q215||($0.05)||$0.12||$830.30 million||$1.05 billion||View||Listen|
|5/11/2015||Q115||($0.08)||($0.02)||$759.10 million||$550.50 million||View||Listen|
|3/2/2015||Q414||($0.06)||$0.03||$715.83 million||$806.40 million||View||Listen|
|11/5/2014||Q314||($0.10)||($0.14)||$686.50 million||$415.00 million||View||Listen|
|8/4/2014||Q214||($0.17)||($0.05)||$651.31 million||$476.00 million||View||Listen|
|5/7/2014||Q114||($0.12)||($0.21)||$664.56 million||$603.80 million||View||Listen|
|3/3/2014||Q413||$0.15||($1.37)||$825.61 million||$517.00 million||View||Listen|
|11/5/2013||Q313||($0.03)||($0.27)||$743.13 million||$686.86 million||View||Listen|
|8/5/2013||Q2 2013||$0.03||($0.63)||$757.87 million||$647.25 million||View||Listen|
|5/8/2013||Q1 2013||$0.14||$0.09||$748.58 million||$807.50 million||View||Listen|
|2/28/2013||Q4 2012||$0.23||$0.17||$981.49 million||$995.95 million||View||Listen|
|11/5/2012||Q312||$0.24||$0.21||$984.96 million||$1.03 billion||View||N/A|
McDermott International (NYSE:MDR) Earnings Estimates
2018 EPS Consensus Estimate: $0.47
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for McDermott International (NYSE:MDR)
No dividend announcements for this company have been tracked by MarketBeat.com
McDermott International (NYSE MDR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 89.39%
McDermott International (NYSE MDR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/14/2014||David A Trice||Director||Buy||20,000||$4.16||$83,200.00|| |
|9/5/2014||David Dickson||CEO||Sell||70,000||$7.18||$502,600.00|| |
|6/10/2014||John F Bookout III||Director||Buy||50,000||$7.71||$385,500.00|| |
|3/7/2014||William Schumann||Director||Buy||20,000||$7.86||$157,200.00||38,980|| |
|8/8/2013||Stephen Marcum Johnson||CEO||Buy||74,180||$6.74||$499,973.20||542,210|| |
McDermott International (NYSE MDR) News Headlines
McDermott International (NYSE:MDR) SEC Filings
This page is loading this company's SEC Filings. Please wait...
McDermott International (NYSE:MDR) Income Statement, Balance Sheet and Cash Flow Statement
McDermott International (NYSE MDR) Stock Chart for Sunday, February, 25, 2018