MRC Stock Recent News

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.

HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2025 results on May 6, 2025, after the market closes. In conjunction with the release, the company will host a conference call and webcast:   What: MRC Global First Quarter 2025 Earnings Conference Call and Webcast         When: Wednesday, May 7, 2025, at 10:00 a.m.

We have screened value stocks SMP, PRAA, MRC, ROCK and EIX based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.

HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced selected preliminary first quarter 2025 results from continuing operations. Preliminary First Quarter 2025 Financial Highlights: Revenue of approximately $710 million, a 7% sequential increase Net income from continuing operations of approximately $7 million Adjusted EBITDA of approximately $35 million, or 4.9% of sales Gross Profit of approximately $142 million, or 20.0% of sales Adjusted Gross Profit of approximately $153 million, or 21.5% of sales Cash flow provided by continuing operations of approximately $20 million Rob Saltiel, MRC Global's President and CEO stated, “I am very pleased with our strong start to the year, with activity levels and margins exceeding expectations.

The average of price targets set by Wall Street analysts indicates a potential upside of 39.9% in MRC (MRC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

MRC (MRC) could produce exceptional returns because of its solid growth attributes.

We have screened value stocks OPFI, NUS, BJRI, MRC and KT based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.

MRC's fourth-quarter revenues decrease 10% year over year due to lower volume in the DIET and PTI sectors.

HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that it has entered into a joint venture with Frisbie Measurement Services, LLC (FMS) forming IMTEC Services, a provider of integrated smart meter technical services to the gas utilities sector. IMTEC Services is applying for its certification as a woman-owned business with the Women's Business Enterprise National Council (WBENC).

HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today reported full year and fourth quarter 2024 results.  Full Year 2024 Financial Highlights:  ● Operating cash flows from continuing operations of $268 million, highest since 2015 ● Sales of $3,011 million ● Net income from continuing operations of $78 million ● Adjusted EBITDA of $202 million, 6.7% of sales ● Gross profit, as a percentage of sales, of 20.6% ● Adjusted Gross Profit, as a percentage of sales, of 21.9% and the third consecutive year above 21% ● Net Debt of $324 million, a 1.6x net debt leverage ratio Fourth Quarter 2024 Financial Highlights:  ● Operating cash flows from continuing operations of $73 million ● Sales of $664 million ● Net loss from continuing operations of ($1) million ● Adjusted EBITDA of $32 million, or 4.8% of sales ● Gross profit, as a percentage of sales, of 20.3% ● Adjusted Gross Profit, as a percentage