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

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$17.87 +1.59 (+9.77 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$17.87
Today's Range$16.4750 - $18.10
52-Week Range$11.62 - $22.98
Volume2.70 million shs
Average Volume935,237 shs
Market Capitalization$1.61 billion
P/E Ratio595.67
Dividend YieldN/A
Beta1.86
MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related 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$3.65 billion
Cash Flow$1.1211 per share
Book Value$8.03 per share

Profitability

Net Income$50 million

Miscellaneous

Employees3,450
Market Cap$1.61 billion
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 announced that its board has authorized a share repurchase plan on Saturday, November 4th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

How were MRC Global's earnings last quarter?

MRC Global Inc (NYSE:MRC) posted its quarterly earnings results on Thursday, February, 14th. The oil and gas company reported $0.07 earnings per share (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 return on equity of 9.12% and a net margin of 2.43%. MRC Global's revenue was up 11.7% on a year-over-year basis. During the same quarter last year, the business posted $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 Wednesday, May 1st 2019. View Earnings Estimates for MRC Global.

What price target have analysts set for MRC?

10 Wall Street analysts have issued 12 month price targets for MRC Global's shares. Their forecasts range from $13.00 to $27.00. On average, they expect MRC Global's stock price to reach $21.2222 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for MRC Global.

What is the consensus analysts' recommendation for MRC Global?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last year. There are currently 2 hold ratings and 8 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?

Headlines about MRC stock have been trending neutral on Saturday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring 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 nearest to five being the most favorable. MRC Global earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of MRC Global's key competitors?

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. Daniel J. Churay J.D., Exec. VP of Corp. Affairs, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. Grant R. Bates, Sr. VP of Canada, International & Operational Excellence (Age 47)
  • 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 BlackRock Inc. (6.55%), Tweedy Browne Co LLC (5.11%), Dimensional Fund Advisors LP (4.66%), D. E. Shaw & Co. Inc. (3.13%), Thrivent Financial for Lutherans (3.10%) and Frontier Capital Management Co. LLC (2.91%). Company insiders that own MRC Global stock include Andrew R Lane, Barbara J Duganier, Daniel J Churay, Elton Ray Bond and Robert Wayne Stein. View Institutional Ownership Trends for MRC Global.

Which major investors are selling MRC Global stock?

MRC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Impax Asset Management Group plc, BlackRock Inc., New York State Common Retirement Fund, Brown Advisory Inc., ZWJ Investment Counsel Inc., GSA Capital Partners LLP and Tweedy Browne Co LLC. Company insiders that have sold MRC Global company stock in the last year include Andrew R Lane, Barbara J Duganier and Elton Ray Bond. View Insider Buying and Selling 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 Ardevora Asset Management LLP, Mackenzie Financial Corp, Thrivent Financial for Lutherans, Dimensional Fund Advisors LP, Geode Capital Management LLC, Triad Investment Management, Massachusetts Financial Services Co. MA and Mcclain Value Management LLC. 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 $17.87.

How big of a company is MRC Global?

MRC Global has a market capitalization of $1.61 billion and generates $3.65 billion in revenue each year. The oil and gas company earns $50 million in net income (profit) each year or $0.03 on an earnings per share basis. MRC Global employs 3,450 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:  301 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  552
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 2/16/2019 by MarketBeat.com Staff

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