NYSE:MRC - MRC Global Stock Price, News, & Analysis

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$18.29 +0.11 (+0.61 %)
(As of 04/18/2019 04:00 PM ET)
Previous Close$18.18
Today's Range$18.05 - $18.39
52-Week Range$11.62 - $22.98
Volume539,789 shs
Average Volume969,721 shs
Market Capitalization$1.55 billion
P/E Ratio32.09
Dividend YieldN/A
Beta1.96
MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy industry in the United States, Canada, and internationally. The company supplies products across various markets, such as upstream, midstream, and downstream. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as measurement, steam, and instrumentation products. The company also provides carbon steel fittings and flanges, including carbon weld fittings, flanges, and piping components; stainless, alloy, and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products comprising risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment consisting of high density polyethylene pipes, fittings, and rods; and specialized production equipment comprising tanks and separators. Further, the company provides various services, such as product testing, manufacturer assessments, multiple daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, truck stocking, order consolidation, product tagging, and system interfaces. Its products are used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions, including high pressure, high/low temperature, and high corrosive and abrasive environments. The company was formerly known as McJunkin Red Man Holding Corporation and changed its name to MRC Global Inc. in January 2012. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
CUSIP55345K10
Phone877-294-7574

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.17 billion
Cash Flow$1.5891 per share
Book Value$7.66 per share

Profitability

Net Income$74 million

Miscellaneous

Employees3,600
Market Cap$1.55 billion
Next Earnings Date5/2/2019 (Confirmed)
OptionableOptionable

MRC Global (NYSE:MRC) Frequently Asked Questions

What is MRC Global's stock symbol?

MRC Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRC."

How will MRC Global's stock buyback program work?

MRC Global declared that its Board of Directors has initiated a share buyback plan on Saturday, November 4th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were MRC Global's earnings last quarter?

MRC Global Inc (NYSE:MRC) posted its quarterly earnings data on Thursday, February, 14th. The oil and gas company reported $0.07 EPS for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.03. The oil and gas company earned $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. MRC Global had a net margin of 1.77% and a return on equity of 10.41%. MRC Global's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 EPS. View MRC Global's Earnings History.

When is MRC Global's next earnings date?

MRC Global is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for MRC Global.

How can I listen to MRC Global's earnings call?

MRC Global will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 4129020003.

What price target have analysts set for MRC?

8 analysts have issued 1-year target prices for MRC Global's stock. Their forecasts range from $13.00 to $27.00. On average, they anticipate MRC Global's stock price to reach $21.6250 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Price Targets for MRC Global.

What is the consensus analysts' recommendation for MRC Global?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MRC Global.

Has MRC Global been receiving favorable news coverage?

News headlines about MRC stock have trended positive this week, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. MRC Global earned a daily sentiment score of 2.9 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are some of MRC Global's key competitors?

What other stocks do shareholders of MRC Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MRC Global investors own include NVIDIA (NVDA), MGM Resorts International (MGM), UnitedHealth Group (UNH), Micron Technology (MU), SLM (SLM), Boeing (BA), Alibaba Group (BABA), Nucor (NUE), Intel (INTC) and Netflix (NFLX).

Who are MRC Global's key executives?

MRC Global's management team includes the folowing people:
  • Mr. Andrew R. Lane, Pres, CEO & Director (Age 60)
  • Mr. James E. Braun, CFO & Exec. VP (Age 60)
  • Mr. Grant R. Bates, Sr. VP of Operations, Canada, International & Operational Excellence (Age 47)
  • Mr. Daniel J. Churay J.D., Exec. VP of Corp. Affairs, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. John L. Bowhay, Sr. VP of Supply Chain Management, Valve & Technical Product Sales (Age 53)

Who are MRC Global's major shareholders?

MRC Global's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Triad Investment Management (0.24%). Company insiders that own MRC Global stock include Andrew R Lane, Barbara J Duganier, Elton Ray Bond, Grant R Bates, John L Bowhay and Robert Wayne Stein. View Institutional Ownership Trends for MRC Global.

Which major investors are buying MRC Global stock?

MRC stock was acquired by a variety of institutional investors in the last quarter, including Triad Investment Management. View Insider Buying and Selling for MRC Global.

How do I buy shares of MRC Global?

Shares of MRC 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 MRC Global's stock price today?

One share of MRC stock can currently be purchased for approximately $18.29.

How big of a company is MRC Global?

MRC Global has a market capitalization of $1.55 billion and generates $4.17 billion in revenue each year. The oil and gas company earns $74 million in net income (profit) each year or $0.57 on an earnings per share basis. MRC Global employs 3,600 workers across the globe.

What is MRC Global's official website?

The official website for MRC Global is http://www.mrcglobal.com.

How can I contact MRC Global?

MRC Global's mailing address is 1301 MCKINNEY STREET SUITE 2300, HOUSTON TX, 77010. The oil and gas company can be reached via phone at 877-294-7574 or via email at [email protected]


MarketBeat Community Rating for MRC Global (NYSE MRC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  563
MarketBeat's community ratings are surveys of what our community members think about MRC Global and other stocks. Vote "Outperform" if you believe MRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/18/2019 by MarketBeat.com Staff

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