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.

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

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).

MRC Global: Q4 Earnings Insights

HOUSTON, Feb. 11, 2021 /PRNewswire/ -- Full Year 2020: Fourth Quarter 2020: Sales of $2,560 million Sales of $579 million Net loss attributable to common stockholders of ($298) million Net loss attributable to common stockholders of ($11) million Adjusted Gross Profit of 19.7% Adjusted...

MRC Global Announces Full Year and Fourth Quarter 2020 Results

HOUSTON, Jan. 4, 2021 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) will release its 2020 fourth quarter and full year results on February 11, 2021 after the market closes. In conjunction with the release, the Company will host a conference call, which will be webcast, on Friday, February...

MRC Global Announces 2020 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

MRC Global (MRC) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: MRC Global (MRC)

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

MRC (MRC) Up 55.6% Since Last Earnings Report: Can It Continue?

MRC Global Inc. (MRC) CEO Andrew Lane on Q3 2020 Results - Earnings Call Transcript

Persistent lower demand due to restricted customer spending owing to the COVID-19 uncertainties mars MRC Global's (MRC) third-quarter 2020 financial performance.

MRC Global (MRC) Q3 Earnings Beat, Revenues Decline Y/Y

MRC (MRC) delivered earnings and revenue surprises of 44.44% and 4.49%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (MRC) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON, Oct. 28, 2020 /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 third quarter 2020 results. The company's sales were...

MRC Global Announces Third Quarter 2020 Results

MRC Global (MRC) benefits from lucrative contract wins and projects along with exposure in diverse markets. However, softness in its end markets is a concern.

MRC Global (MRC) Displays Solid Prospects, Headwinds Persist

HOUSTON, Sept. 3, 2020 /PRNewswire/ -- MRC Global Inc.

MRC Global Announces Third Quarter 2020 Earnings Release and Conference Call Schedule

Why Is MRC (MRC) Down 9.5% Since Last Earnings Report?

MRC Global Inc. (MRC) CEO Andrew Lane on Q2 2020 Results - Earnings Call Transcript

MRC Global's (MRC) second-quarter 2020 earnings and revenues suffer from persistent lower demand on account of restricted customer spending.

MRC Global (MRC) Q2 Earnings Surpass Estimates, Fall Y/Y

Shares of MRC Global (NYSE:MRC) increased 9.98% in after-market trading after the company reported Q2 results.

MRC Global: Q2 Earnings Insights

MRC (MRC) delivered earnings and revenue surprises of 54.55% and 2.88%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (MRC) Reports Q2 Loss, Tops Revenue Estimates

HOUSTON, July 28, 2020 /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 second quarter 2020 results.

MRC Global Announces Second Quarter 2020 Results

MRC Global (MRC) benefits from contract wins and projects as well as its focus on cash flow generation and cost reduction. High debt level and weak oil & gas industry remain concerning.

MRC Global (MRC) Benefits From Contract Wins, Risks Persist

HOUSTON, June 10, 2020 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced that its management team will present at the 2020 J.P. Morgan Energy, Power, & Renewables Virtual Conference to be held on June 16-17, 2020. Kelly Youngblood, Executive Vice President and Chief Financial Officer,...

MRC Global to Present at the 2020 J.P. Morgan Energy, Power & Renewables Virtual Conference

Why Is MRC (MRC) Up 6.2% Since Last Earnings Report?

HOUSTON, May 27, 2020 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and other infrastructure products and services to the energy industry, today announced the retirement plan for MRC Global's president and chief...

News for MRC Global Stock (MRC)