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MRC Global Inc (MRC.N)

MRC.N on New York Stock Exchange

14.06USD
14 Dec 2018
Change (% chg)

$-0.35 (-2.43%)
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Latest Key Developments (Source: Significant Developments)

Mrc Global Inc Expects Q4 2018 Revenue To Be Down Between 4% And 7% From Q3 Of 2018
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - MRC Global Inc ::MRC GLOBAL INC - SEQUENTIALLY, COMPANY EXPECTS Q4 2018 REVENUE TO BE DOWN BETWEEN 4% AND 7% FROM Q3 OF 2018.MRC GLOBAL INC - EXPECTS LIFO EXPENSE TO BE APPROXIMATELY $64 MILLION FOR FULL YEAR 2018.MRC GLOBAL INC - EXPECTS TO GENERATE POSITIVE CASH FLOW FROM OPERATIONS IN Q4 OF 2018 BUT NEGATIVE CASH FLOW FROM OPERATIONS FOR FULL YEAR OF 2018.MRC GLOBAL INC - EXPECTS 2019 REVENUE GROWTH IN LOW TO MID-SINGLE DIGIT PERCENTAGE RANGE AS COMPARED TO FULL YEAR 2018.MRC GLOBAL INC - EXPECTS REDUCTION IN PROJECT AND LOW MARGIN REVENUE TO HAVE A POSITIVE IMPACT ON 2019 GROSS PROFIT PERCENTAGE AS COMPARED TO FY 2018.MRC GLOBAL INC - EXPECTS TO HAVE AN EFFECTIVE TAX RATE OF 21% FOR FULL YEAR OF 2018 - SEC FILING.  Full Article

MRC Global ‍expects capex in 2018 to be reduced by about $20 mln
Friday, 3 Nov 2017 

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 

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