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MRC Global Inc (MRC.N)

MRC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

MRC Global Sees 2018 Annual Revenue Of $3,850 Mln-$4,250 mln
Friday, 16 Feb 2018 06:43am EST 

Feb 16 (Reuters) - MRC Global Inc ::MRC GLOBAL - SEES 2018 ANNUAL REVENUE IN RANGE OF $3,850 MILLION - $4,250 MILLION - SEC FILING.  Full Article

MRC Global Q4 Earnings Per Share $0.30
Thursday, 15 Feb 2018 04:15pm EST 

Feb 15 (Reuters) - Mrc Global Inc ::MRC GLOBAL ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.30.Q4 SALES $903 MILLION.‍RESULTS FOR Q4 OF 2017 INCLUDE A PROVISIONAL TAX BENEFIT OF $50 MILLION, OR $0.53 PER DILUTED SHARE AS A RESULT OF RECENT TAX REFORM ​.FY2017 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $3.65 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

MRC Global ‍expects capex in 2018 to be reduced by about $20 mln
Friday, 3 Nov 2017 05:15pm EDT 

Nov 3 (Reuters) - MRC Global Inc :MRC Global says ‍expects capex in 2018 to be reduced by about $20 million for enterprise resource planning​ implementation costs - SEC filing.  Full Article

MRC global announces third quarter 2017 results
Thursday, 2 Nov 2017 04:15pm EDT 

Nov 2 (Reuters) - MRC Global Inc :MRC global announces third quarter 2017 results and $100 million share repurchase program.Q3 sales $959 million versus I/B/E/S view $967.2 million.Q3 loss per share $0.03.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.MRC Global Inc - ‍in October 2017, Board of Directors authorized a share repurchase program for common stock of up to $100 million​.MRC Global Inc - share repurchase ‍program of up to $100 million is scheduled to expire on December 31, 2018​.  Full Article

MRC global announces preliminary commitments on senior secured term loan
Friday, 15 Sep 2017 05:24pm EDT 

Sept 15 (Reuters) - Mrc Global Inc :MRC clobal announces preliminary commitments on senior secured term loan.MRC global - ‍its loan arrangers got preliminary commitments from interested lenders in respect of a new $400 million seven-year senior secured term loan B​.MRC Global Inc - ‍Company expects to use proceeds of term loan B to refinance company's existing term loan obligations​.MRC Global - To record charge on completion of financing of term loan B; about $4 million related to write-off of original issue discount, debt issuance costs​.  Full Article

MRC Global Inc plans to refinance senior secured term loans
Tuesday, 5 Sep 2017 05:32pm EDT 

Sept 5 (Reuters) - Mrc Global Inc :Mrc global inc. Announces intention to refinance the company's senior secured term loans.Mrc global - to refinance in full company's $414 million in outstanding principal amount of senior secured term loans under its existing term loan b​.Mrc global inc - ‍intends to amend its existing asset based lending facility to extend maturity to 2022 and size new abl facility at $800 million​.Mrc global inc - ‍company will seek to enter into a new, seven-year senior secured $400 million term loan b credit facility​.Mrc global - ‍expects to use proceeds of new term loan facility to repay in full all indebtedness outstanding under existing term loan facility​.  Full Article

ExxonMobil selects MRC Global as primary valve provider
Tuesday, 22 Aug 2017 04:15pm EDT 

Aug 22 (Reuters) - Mrc Global Inc :MRC Global Inc says its unit ‍has signed an agreement to be primary global provider of valve and valve products and services to ExxonMobil​.‍Agreement includes all of ExxonMobil's global projects and maintenance, repair and operations​.MRC Global - ‍agreement's initial implementation focused on downstream U.S. business unit, followed by EU and, most recently added, Asia Pacific region​.  Full Article

MRC Global sees 2017 annual revenue up 18-24 pct in 2016
Friday, 4 Aug 2017 05:02am EDT 

Aug 4 (Reuters) - Mrc Global Inc :Sees 2017 annual revenue up 18 percent to 24 percent over 2016 - SEC filing.Sees 2017 capital expenditures of $45 million.FY 2017 revenue view $3.67 billion -- Thomson Reuters I/B/E/S.  Full Article

MRC Global Q2 sales $922 million
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - MRC Global Inc :MRC Global announces second quarter 2017 results.Q2 earnings per share $0.00.Q2 sales $922 million versus i/b/e/s view $916.9 million.Q2 earnings per share view $0.03 -- Thomson Reuters I/B/E/S.  Full Article

Israel Englander reports 5.1 pct passive stake in MRC Global
Monday, 31 Jul 2017 05:34pm EDT 

July 31 (Reuters) - Mrc Global Inc -:Israel Englander reports 5.1 percent passive stake in MRC Global Inc as of July 27 - sec filing.  Full Article

BRIEF-MRC Global Q1 Earnings Per Share $0.13

* Q1 EARNINGS PER SHARE VIEW $0.09 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: