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

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$7.73 +0.37 (+5.03 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$7.36
Today's Range$7.37 - $7.88
52-Week Range$6.10 - $23.64
Volume8.81 million shs
Average Volume4.62 million shs
Market Capitalization$1.40 billion
P/E Ratio4.03
Dividend YieldN/A
Beta2.73
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$2.98 billion
Cash Flow$3.3463 per share
Book Value$18.90 per share

Profitability

Net Income$178.54 million

Miscellaneous

Employees11,800
Market Cap$1.40 billion
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 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 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) released its quarterly earnings data on Tuesday, October, 30th. The oil and gas company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.29 by $0.09. The oil and gas company had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.50 billion. McDermott International had a return on equity of 8.40% and a net margin of 2.05%. The business's revenue was up 138.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 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 Monday, February 25th 2019. View Earnings Estimates for McDermott International.

How can I listen to McDermott International's earnings call?

McDermott International will be holding an earnings conference call on Monday, February 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 7066342259.

What price target have analysts set for MDR?

4 brokerages have issued 1 year price objectives for McDermott International's shares. Their forecasts range from $13.00 to $38.00. On average, they anticipate McDermott International's stock price to reach $26.38 in the next twelve months. This suggests a possible upside of 241.3% from the stock's current price. View Analyst Price Targets for McDermott International.

What is the consensus analysts' recommendation for McDermott International?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 3 hold ratings and 1 buy rating 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 neutral recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 news articles about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.

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:
  • 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 variety of of institutional and retail investors. Top institutional shareholders 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 institutional 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, Bank of New York Mellon Corp, Sippican Capital Advisors, Chicago Equity Partners LLC and Janney Montgomery Scott LLC. View Insider Buying and Selling for McDermott International.

Which institutional investors are buying McDermott International stock?

MDR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Van ECK Associates Corp, LSV Asset Management, Towle & Co., Boston Partners, Hsbc Holdings PLC, Oregon Public Employees Retirement Fund and Dimensional Fund Advisors 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 $7.73.

How big of a company is McDermott International?

McDermott International has a market capitalization of $1.40 billion and generates $2.98 billion in revenue each year. The oil and gas company earns $178.54 million in net income (profit) each year or $1.92 on an earnings per share basis. McDermott International employs 11,800 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 4424 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX, 77041. 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:  392 (Vote Outperform)
Underperform Votes:  510 (Vote Underperform)
Total Votes:  902
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 2/20/2019 by MarketBeat.com Staff

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