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Energy - Oil & Gas Equipment & Services - NYSE - US
$ 13.37
-1.11 %
$ 1.14 B
Market Cap
15.37
P/E
1. INTRINSIC VALUE

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets in the United States, Canada, and internationally. 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, and top work components, as well as valve modification services; and measurement, steam, and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel, alloy and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes.[ Read More ]

The intrinsic value of one MRC stock under the base case scenario is HIDDEN Compared to the current market price of 13.4 USD, MRC Global Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MRC

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FINANCIALS
3.41 B REVENUE
1.46%
187 M OPERATING INCOME
33.57%
114 M NET INCOME
52.00%
181 M OPERATING CASH FLOW
1005.00%
-14 M INVESTING CASH FLOW
-27.27%
-67 M FINANCING CASH FLOW
-394.12%
797 M REVENUE
-4.21%
37 M OPERATING INCOME
-21.28%
29 M NET INCOME
-3.33%
96 M OPERATING CASH FLOW
52.38%
-9 M INVESTING CASH FLOW
-12.50%
-73 M FINANCING CASH FLOW
51.97%
Balance Sheet Decomposition MRC Global Inc.
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Current Assets 1.16 B
Cash & Short-Term Investments 131 M
Receivables 430 M
Other Current Assets 594 M
Non-Current Assets 731 M
Long-Term Investments 0
PP&E 283 M
Other Non-Current Assets 448 M
Current Liabilities 783 M
Accounts Payable 355 M
Short-Term Debt 360 M
Other Current Liabilities 68 M
Non-Current Liabilities 260 M
Long-Term Debt 195 M
Other Non-Current Liabilities 65 M
EFFICIENCY
Earnings Waterfall MRC Global Inc.
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Revenue 3.41 B
Cost Of Revenue 2.72 B
Gross Profit 690 M
Operating Expenses 503 M
Operating Income 187 M
Other Expenses 73 M
Net Income 114 M
RATIOS
20.22% GROSS MARGIN
20.22%
5.48% OPERATING MARGIN
5.48%
3.34% NET MARGIN
3.34%
13.52% ROE
13.52%
6.04% ROA
6.04%
11.83% ROIC
11.83%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MRC Global Inc.
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Net Income 114 M
Depreciation & Amortization 40 M
Capital Expenditures -15 M
Stock-Based Compensation 14 M
Change in Working Capital 11 M
Others -10 M
Free Cash Flow 166 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MRC Global Inc.
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Wall Street analysts predict an average 1-year price target for MRC of $15.3 , with forecasts ranging from a low of $14 to a high of $16 .
MRC Lowest Price Target Wall Street Target
14 USD 4.71%
MRC Average Price Target Wall Street Target
15.3 USD 14.68%
MRC Highest Price Target Wall Street Target
16 USD 19.67%
4. DIVIDEND ANALYSIS
0.55% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership MRC Global Inc.
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Sold
0-3 MONTHS
219 K USD 1
3-6 MONTHS
712 K USD 2
6-9 MONTHS
3.13 M USD 4
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
241 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 23, 2024
Sell 219 K USD
CHURAY DANIEL J
See Remarks
- 16975
12.93 USD
3 months ago
Aug 09, 2024
Bought 120 K USD
Saltiel Robert J.
President and CEO
+ 10000
12.04 USD
3 months ago
Aug 09, 2024
Bought 120 K USD
Saltiel Robert J.
President and CEO
+ 10000
12.02 USD
6 months ago
May 17, 2024
Sell 64.6 K USD
Bates Grant R
See Remarks
- 4698
13.76 USD
5 months ago
May 20, 2024
Sell 475 K USD
Bates Grant R
See Remarks
- 35000
13.57 USD
6 months ago
May 16, 2024
Sell 172 K USD
Adams Deborah G
Director
- 12500
13.8 USD
6 months ago
May 14, 2024
Sell 551 K USD
ANTHONY LEONARD M
Director
- 40000
13.78 USD
6 months ago
May 14, 2024
Sell 152 K USD
McCarthy John P
See Remarks
- 11000
13.78 USD
6 months ago
May 13, 2024
Sell 74.5 K USD
Youngblood Kelly
See Remarks
- 5468
13.62 USD
6 months ago
May 13, 2024
Sell 2.07 M USD
Youngblood Kelly
See Remarks
- 152016
13.6 USD
6 months ago
May 14, 2024
Sell 281 K USD
Long Rance C
SVP - Sales & Marketing
- 20561
13.69 USD
1 year ago
Mar 02, 2023
Sell 59.9 K USD
Anderson Gillian
See Remarks
- 5213
11.5 USD
2 years ago
Aug 22, 2022
Sell 30 K USD
O'Neal Malcolm
SVP - Human Resources
- 3125
9.61 USD
4 years ago
Mar 20, 2020
Bought 39.6 K USD
BEST RHYS J
Director
+ 10000
3.96 USD
4 years ago
Mar 19, 2020
Bought 36.9 K USD
Adams Deborah G
Director
+ 10000
3.69 USD
4 years ago
Mar 18, 2020
Bought 27.3 K USD
Linse Cornelis Adrianus
Director
+ 7240
3.77 USD
4 years ago
Mar 19, 2020
Bought 11.5 K USD
Witt Karl
SVP US Operations
+ 3050
3.77 USD
4 years ago
Mar 18, 2020
Bought 955 K USD
Wehrle H B III
Director
+ 250000
3.82 USD
4 years ago
Mar 18, 2020
Bought 18.8 K USD
Wehrle H B III
Director
+ 5000
3.76 USD
4 years ago
Mar 18, 2020
Bought 200 K USD
Perkins John Anthony
Director
+ 50000
4 USD
4 years ago
Mar 18, 2020
Bought 49 K USD
Bond Elton Ray
SVP & CAO
+ 13000
3.77 USD
4 years ago
Feb 26, 2020
Bought 444 K USD
Wehrle H B III
Director
+ 50000
8.88 USD
4 years ago
Feb 20, 2020
Bought 515 K USD
Wehrle H B III
Director
+ 50000
10.3 USD
5 years ago
Nov 08, 2019
Sell 1.24 M USD
Ketchum Lewis Craig
Director
- 81672
15.13 USD
5 years ago
Nov 11, 2019
Sell 276 K USD
Ketchum Lewis Craig
Director
- 18328
15.08 USD
5 years ago
Nov 11, 2019
Sell 1.65 M USD
Lane Andrew R
President & CEO
- 109686
15.02 USD
5 years ago
May 07, 2019
Sell 433 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 25286
17.11 USD
5 years ago
May 08, 2019
Sell 88.3 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 5193
17.01 USD
5 years ago
May 09, 2019
Sell 396 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 24000
16.5 USD
5 years ago
Mar 05, 2019
Sell 257 K USD
Bowhay John L.
SVP -SCM Valve/Technical Sales
- 15000
17.13 USD
5 years ago
Feb 20, 2019
Sell 573 K USD
Bates Grant R
See Remarks
- 30500
18.78 USD
6 years ago
May 16, 2018
Sell 2.31 M USD
Lane Andrew R
President & CEO
- 113432
20.37 USD
6 years ago
May 17, 2018
Sell 2.34 M USD
Lane Andrew R
President & CEO
- 113432
20.6 USD
6 years ago
May 08, 2018
Sell 516 K USD
Lane Andrew R
President & CEO
- 25801
19.99 USD
6 years ago
May 09, 2018
Sell 2.05 M USD
Lane Andrew R
President & CEO
- 101722
20.13 USD
6 years ago
May 10, 2018
Sell 999 K USD
Lane Andrew R
President & CEO
- 49977
19.99 USD
6 years ago
May 09, 2018
Sell 135 K USD
Bond Elton Ray
SVP & CAO
- 6708
20.16 USD
6 years ago
May 03, 2018
Sell 5.72 M USD
Lane Andrew R
President & CEO
- 293155
19.5 USD
6 years ago
Apr 20, 2018
Sell 3.91 M USD
Lane Andrew R
President & CEO
- 205823
19 USD
6 years ago
Mar 06, 2018
Sell 50.7 K USD
DUGANIER BARBARA J
Director
- 2900
17.49 USD
6 years ago
Mar 06, 2018
Sell 1.75 K USD
DUGANIER BARBARA J
Director
- 100
17.4934 USD
6 years ago
Jan 16, 2018
Sell 2.14 M USD
Lane Andrew R
President & CEO
- 112533
19 USD
7 years ago
Nov 15, 2017
Bought 14.4 K USD
Stein Robert Wayne
SVP -Business Development
+ 1000
14.37 USD
7 years ago
Feb 21, 2017
Sell 9.79 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 460
21.29 USD
7 years ago
Feb 21, 2017
Sell 2.13 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 100
21.295 USD
7 years ago
Feb 21, 2017
Sell 28.1 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 1320
21.3 USD
7 years ago
Feb 21, 2017
Sell 23.4 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 1100
21.31 USD
7 years ago
Feb 21, 2017
Sell 2.13 K USD
CHURAY DANIEL J
EVP-Corp Affrs, GC & Corp Sec.
- 100
21.315 USD
7. News
MRC Global Announces Closing of $750 Million Asset-Based Loan Facility HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), announced today that it has amended its asset-based revolving loan facility (“ABL”), extending its maturity to November 2029. The amended ABL has a committed borrowing capacity of $750 million. globenewswire.com - 4 days ago
Investing in MRC (MRC)? Don't Miss Assessing Its International Revenue Trends Examine the evolution of MRC's (MRC) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects. zacks.com - 5 days ago
MRC Global Inc. (MRC) Q3 2024 Earnings Call Transcript MRC Global Inc. (MRC) Q3 2024 Earnings Call Transcript seekingalpha.com - 1 week ago
MRC Global's Q3 Earnings Surpass Estimates, Revenues Down Y/Y MRC's third-quarter 2024 revenues decrease 10.3% year over year due to the lower volume of sales in the Gas Utilities, DIET and PTI sectors. zacks.com - 1 week ago
MRC Global (MRC) Q3 Earnings and Revenues Surpass Estimates MRC Global (MRC) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.32 per share a year ago. zacks.com - 1 week ago
MRC Global Announces New Board Chair HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that its board of directors has elected Deborah G. (Debbie) Adams as its new Board Chair, effective immediately. globenewswire.com - 1 week ago
MRC Global Announces Third Quarter 2024 Results HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced third quarter 2024 results. Net income attributable to common stockholders for the third quarter of 2024 was $23 million, or $0.27 per diluted share, and was $29 million, or $0.33 per diluted share for the third quarter of 2023. globenewswire.com - 1 week ago
MRC Global Simplifies Capital Structure by Securing New $350 Million Term Loan B and Repurchasing Convertible Preferred Stock HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), announced today that it has secured a new $350 million Senior Secured Term Loan “B” (“Term Loan”) maturing in 2031. The proceeds from this loan, and borrowings from the asset-based lending facility were used to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock for $361 million plus accrued dividends as part of an agreement with Mario Investments LLC, the holder of the preferred stock. globenewswire.com - 2 weeks ago
Earnings Preview: MRC Global (MRC) Q3 Earnings Expected to Decline 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. zacks.com - 2 weeks ago
MRC Global Announces Moody's Upgrade in Credit Rating To ‘B1' from ‘B2', Outlook Stable HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), today announced that Moody's Ratings (“Moody's”) upgraded the company's corporate family rating to ‘B1' from ‘B2' with a stable outlook. Also, in conjunction with the company's issuance of a new Term Loan B, Moody's upgraded the rating of the anticipated Term Loan B to a ‘B2', a level higher than the company's previous term loan. globenewswire.com - 1 month ago
MRC Global Announces Actions to Strengthen Its Capital Structure Agrees to Repurchase Preferred Stock Launches Term Loan B Financing to Fund Repurchase Pursues Amendment to ABL Facility to Extend Maturity Provides Preliminary Third Quarter 2024 Financial Results HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that it has agreed to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock as part of an agreement with Mario Investments, LLC, the holder of the preferred stock, which is contingent upon, among other things, the completion of a successful term loan financing. Upon satisfaction of the required conditions in the repurchase agreement, the company will repurchase the preferred stock for a total payment of approximately $361 million, representing 99.5% of the liquidation preference of the preferred stock. globenewswire.com - 1 month ago
MRC Global Announces Third Quarter 2024 Earnings Release, Conference Call and Webcast Schedule HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its third quarter 2024 results on November 5, 2024, after the market closes. globenewswire.com - 1 month ago
8. Profile Summary

MRC Global Inc. MRC

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COUNTRY US
INDUSTRY Oil & Gas Equipment & Services
MARKET CAP $ 1.14 B
Dividend Yield 0.55%
Description MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets in the United States, Canada, and internationally. 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, and top work components, as well as valve modification services; and measurement, steam, and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel, alloy and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment, such as 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, and valve inspection and repair services; and various other services under the ValidTorque and FastTrack names. 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.
Contact 1301 McKinney Street, Houston, TX, 77010 https://www.mrcglobal.com
IPO Date April 12, 2012
Employees 2800
Officers Mr. Daniel J. Churay J.D. Executive Vice President of Corporate Affairs, General Counsel & Corporate Secretary Ms. Emily K. Shields Senior Vice President of Sustainability & Assistant General Counsel Mr. Rance Long Senior Vice President of Marketing Strategy Mr. Robert James Saltiel Jr. President, Chief Executive Officer & Director Ms. Shweta Kurvey-Mishra Senior Vice President & Chief Human Resources Officer Mr. Grant R. Bates Senior Vice President of North America Operations & E-Commerce Ms. Gillian Anderson Vice President & Chief Accounting Officer Ms. Monica Schafer Broughton Vice President of Investor Relations Mr. Jack McCarthy Senior Vice President of Supply Chain, Quality & Technical Sales Mr. Steve Smith Senior Vice President of International Operations