MRC Global

MRC Global, Inc. is a holding company engaged in the distribution of pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets. It operates through the following segments: U.S., Canada, and International. The company was founded on November 20, 2006 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

MRC Global reports robust 2022 performance, eyes sustained growth

MRC Global's strong 2022 performance sets the stage for continued growth in 2023, driven by sector diversification and capital efficiency.
Challenges include managing seasonal revenue fluctuations and optimizing margins, while opportunities lie in expanding businesses and market segments.
The company's strategic focus on debt reduction, customer demand visibility, and product positioning positions it well for future success and shareholder value creation.

MRC Global reports robust Q1 earnings, eyes growth opportunities ahead

MRC Global delivered strong Q1 2023 results with notable revenue and EBITDA growth, driven by key sectors and a positive outlook for the year ahead.
While facing challenges related to term loan refinancing and inventory management, the company's strengths in sales growth and financial targets position it well for future opportunities.
By addressing challenges effectively and capitalizing on growth opportunities, MRC Global aims to maintain its financial resilience and drive sustainable performance in diverse markets.

MRC Global posts strong Q2 results, eyes improved profitability

MRC Global reports solid Q2 performance with revenue growth and strong margins.
Challenges in Gas Utilities sector balanced by opportunities in PTI and DIET sectors.
Company aims for upper single-digit revenue growth and improved profitability for 2023.
Maintaining adjusted gross margins and EBITDA margins key focus areas.

MRC Global reports solid Q3 results, eyes growth opportunities ahead

MRC Global's Q3 performance showcased revenue growth, strong cash flow, and sector-specific dynamics.
While facing challenges in the gas utility sector, the company is leveraging opportunities in DIET and PTI sectors for future growth.
Maintaining a focus on cash flow generation and margin maintenance positions MRC Global for continued financial success.

MRC Global reports record profit margins and positive outlook for 2024

MRC Global delivered strong financial performance in 2023, focusing on efficiency and cost optimization. Challenges in the Canadian market are being addressed, while opportunities in energy transition projects and international growth are being pursued. The company aims to maintain profitability and cash flow generation in 2024.

MRC Global reports robust Q1 performance, eyes international growth opportunities

MRC Global's Q1 2024 earnings call showcased strong financial performance, international revenue growth, and strategic initiatives driving operational efficiency.
While facing challenges with project predictability and declining DIET revenues, the company aims for market share expansion and cost optimization.
Opportunities lie in revenue growth across sectors, particularly in Gas Utilities, DIET, and PTI, with a focus on enhancing customer service and efficiency.

MRC Global posts robust Q2 results, eyes growth amid challenges

MRC Global's Q2 performance reflects solid revenue growth and operational efficiency, supported by a strong balance sheet and strategic partnerships.
While facing challenges such as project delays and sector-specific issues, the company remains optimistic about future growth opportunities.
With a focus on cash flow generation and market diversification, MRC Global is well-positioned to navigate challenges and capitalize on emerging trends.
Overall, MRC Global's financial stability, market position, and growth strategies set a positive trajectory for future success and value creation.

MRC Global strengthens capital structure, eyes sector growth in 2025

MRC Global's Q3 performance reflected revenue decline and margin challenges but highlighted international growth and sector-specific opportunities.
Strengthened capital structure, efficient cash generation, and cost optimization efforts position the company well for future growth.
Challenges include lower sales and margins, particularly in the U.S., but opportunities lie in sector improvements and international expansion.
Overall, MRC Global's strategic actions and positive outlook for key sectors indicate a path towards improved performance and financial health.

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MRC Global, Inc. is a holding company, which engages in the distribution of pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets. It operates through the following geographical segments: U.S., Canada, and International. The company was founded on November 20, 2006 and is headquartered in Houston, TX.

MRC (MRC) delivered earnings and revenue surprises of 100.00% and 3.38%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (MRC) Q2 Earnings and Revenues Top Estimates

Sales of $686 million, a 13% sequential increase Net loss attributable to common stockholders of ($2) million Adjusted net income attributable to common stockholders of $6 million Adjusted EBITDA of $36 million Cash Flow from Operations of $23 million

MRC Global Announces Second Quarter 2021 Results

On Thursday, July 29, MRC Global (NYSE:MRC) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings Preview For MRC Global

HOUSTON, June 8, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) will release its second quarter 2021 results on July 29, 2021 after the market closes.  In conjunction with the release, the Company will host a conference call, which will be webcast, on Friday, July 30, 2021 at 10:00 a.m.

MRC Global Announces Second Quarter 2021 Earnings Release and Conference Call Schedule

HOUSTON, June 2, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced that its management team will present at the Stifel 2021 Virtual Cross Sector Insight Conference to be held on June 8-10, 2021. Rob Saltiel, President and Chief Executive Officer, is scheduled to present on Wednesday, June 9 at 10:40 a.m.

MRC Global to Present at the Stifel 2021 Virtual Cross Sector Insight Conference

MRC Global (MRC) is poised to benefit from its exposure in diverse end markets, lucrative contract wins and shareholder-friendly policies. However, softness across sectors remains a concern.

MRC Global (MRC) Exhibits Solid Prospects, Risks Persist

MRC (MRC) reported earnings 30 days ago. What's next for the stock?

MRC (MRC) Up 18% Since Last Earnings Report: Can It Continue?

MRC (MRC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

MRC (MRC) Soars to 52-Week High, Time to Cash Out?

MRC Global (MRC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in MRC Global (MRC): Can Its 14.1% Jump Turn into More Strength?

MRC Global Inc. (MRC) CEO Rob Saltiel on Q1 2021 Results - Earnings Call Transcript

MRC Global's (MRC) incurs Q1 loss as the pandemic-led woes adversely impact operations. Improvement in the oil & gas sector offers support.

MRC Global (MRC) Reports Q1 Loss, Beats Revenue Estimates

MRC (MRC) delivered earnings and revenue surprises of 22.22% and 8.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (MRC) Reports Q1 Loss, Tops Revenue Estimates

Shares of MRC Global (NYSE:MRC) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 275.00% year over year to ($0.07), which beat the estimate of ($0.08).

MRC Global: Q1 Earnings Insights

HOUSTON, April 27, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related infrastructure products and services to the energy industry, today announced first quarter 2021 results. The company's sales were $609 million for the first quarter of 2021, which was 5% higher than the fourth quarter of 2020 and 23% lower than the first quarter of 2020.

MRC Global Announces First Quarter 2021 Results

MRC (MRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate MRC Global (MRC) to Report a Decline in Earnings: What to Look Out for

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Morguard Corp - A Deep Value Canadian Real Estate Stock

MRC Global (MRC) closed at $9.48 in the latest trading session, marking a -0.94% move from the prior day.

MRC Global (MRC) Stock Sinks As Market Gains: What You Should Know

HOUSTON, March 9, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy industry, today announced the appointment of Rob Saltiel as president and chief executive officer and as a member of the company's board of directors effective as of March 15, 2021, succeeding Andrew Lane, who previously announced his retirement plans. Rhys Best, MRC Global's chairman of the board said, "As a company, we are celebrating our 100th anniversary this year.

MRC Global Appoints Rob Saltiel as CEO

HOUSTON, March 8, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2021 results on April 27, 2021 after the market closes. In conjunction with the release, the Company will host a conference call, which will be webcast, on Wednesday, April 28, 2021 at 10:00...

MRC Global Announces First Quarter 2021 Earnings Release and Conference Call Schedule

MRC Global (MRC) closed at $9.07 in the latest trading session, marking a +1.68% move from the prior day.

MRC Global (MRC) Gains As Market Dips: What You Should Know

HOUSTON, Feb. 15, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), is celebrating their 100th year in business. On February 15, 1921, McJunkin Supply Company was founded in the hills of West Virginia, and over the next 100 years, companies from around the world would be established and...

MRC Global Celebrates 100th Anniversary

MRC Global Inc. (MRC) CEO Andrew Lane on Q4 2020 Results - Earnings Call Transcript

MRC Global's (MRC) Q4 bottom-line plunges into losses as the pandemic-led woes adversely impact operations. Improvement in the oil & gas sector and healthy liquidity are expected to be beneficial.

MRC Global (MRC) Reports Q4 Loss, Sales Hit by Pandemic

MRC (MRC) delivered earnings and revenue surprises of 44.44% and 6.03%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (MRC) Reports Q4 Loss, Tops Revenue Estimates

Shares of MRC Global (NYSE:MRC) increased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 64.29% year over year to ($0.05), which beat the estimate of ($0.10).

News for MRC Global Stock (MRC)