Last $12.87 USD
Change Today -0.06 / -0.46%
Volume 1.7M
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

mrc global inc (MRC) Snapshot

Open
$13.18
Previous Close
$12.93
Day High
$13.24
Day Low
$12.75
52 Week High
05/1/14 - $29.67
52 Week Low
01/30/15 - $10.20
Market Cap
1.3B
Average Volume 10 Days
4.3M
EPS TTM
$1.55
Shares Outstanding
102.1M
EX-Date
--
P/E TM
8.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for MRC GLOBAL INC (MRC)

mrc global inc (MRC) Related Businessweek News

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mrc global inc (MRC) Details

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related products and services to the energy and industrial sectors in the Unites States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, 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 steam and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel and alloy pipes, and fittings; carbon line pipes; and oil country tubular goods, such as casings and tubing 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; and specialized production equipment comprising meter runs, 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, 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.

4,947 Employees
Last Reported Date: 02/20/15
Founded in 2006

mrc global inc (MRC) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $850.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $450.0K
Senior Vice President of Valves, Fittings, Fl...
Total Annual Compensation: $397.5K
Executive Vice President of Corporate Affairs...
Total Annual Compensation: $375.0K
Senior Vice President of Business Development...
Total Annual Compensation: $397.5K
Compensation as of Fiscal Year 2013.

mrc global inc (MRC) Key Developments

MRC Global Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year of 2015

MRC Global Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the fourth quarter, the company’s sales were $1,512,092,000 compared to $1,344,203,000 a year ago. Operating income was $74,069,000 compared to $58,610,000 a year ago. Income before income taxes was $52,931,000 compared to $42,626,000 a year ago. Net income was $31,156,000 or $0.30 per diluted share, compared to $23,303,000 or $0.23 per basic and diluted share, a year ago. Adjusted EBITDA was $101.5 million compared to $87.2 million a year ago. Adjusted net income was $33,837,000 or $0.33 per share, compared to $33,044,000 or $0.32 per diluted share, a year ago. For the full year, the company’s sales were $5,933,212,000 compared to $5,230,792,000 a year ago. Operating income was $302,148,000 compared to $311,765,000 a year ago. Income before income taxes was $225,946,000 compared to $236,911,000 a year ago. Net income was $144,110,000 or $1.40 per diluted share, compared to $152,095,000 or $1.48 per diluted share, a year ago. Net cash used in operations was $106,378,000 compared to net cash provided by operations of $323,588,000 a year ago. The change reflects increases in business activity leading to higher revenue, which resulted in growth in working capital. Purchases of property, plant and equipment were $20,078,000 compared to $22,068,000 a year ago. Adjusted EBITDA was $424.0 million compared to $386.4 million a year ago. Adjusted net income was $161,093,000 or $1.57 per share, compared to $164,422,000 or $1.60 per diluted share, a year ago. The company provided earnings guidance for the full year of 2015. With lower revenue expected in 2015, the company will focus on reducing costs and optimizing working capital, which the company expectations will increase operating cash flow and reduce outstanding debt between $200 and $300 million. Given the macro global energy outlook, the company expects 2015 to be a challenging year for the company.

MRC Global Inc. Presents at JP Morgan Energy Infrastructure, Feb-25-2015

MRC Global Inc. Presents at JP Morgan Energy Infrastructure, Feb-25-2015 . Venue: Houston, Texas, United States.

MRC Global Inc., Q4 2014 Earnings Call, Feb 20, 2015

MRC Global Inc., Q4 2014 Earnings Call, Feb 20, 2015

 

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Industry Analysis

MRC

Industry Average

Valuation MRC Industry Range
Price/Earnings 9.2x
Price/Sales 0.2x
Price/Book 0.9x
Price/Cash Flow 9.1x
TEV/Sales NM Not Meaningful
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