MRC Stock Recent News
MRC LATEST HEADLINES
HOUSTON, May 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), (the “Company”), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced the Company's issuer credit rating has been upgraded to “B” from “B–” by S&P Global Ratings (“S&P”). S&P based its ratings upgrade in part due to the Company's ability to address its upcoming Term Loan B maturity with cash on hand, expected strong operating cash flow generation and reduced debt leverage, while maintaining ample availability on the Company's asset-based lending facility.
Review MRC's (MRC) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
MRC Global Inc. (NYSE:MRC ) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Monica Broughton - Vice President, Investor Relations and Treasury Rob Saltiel - President and CEO Kelly Youngblood - Executive Vice President and CFO Conference Call Participants Tommy Moll - Stephens Nathan Jones - Stifel Chris Dankert - Loop Capital Markets Ken Newman - KeyBanc Capital Markets Operator Greetings, and welcome to MRC Global's First Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
MRC Global's (MRC) first-quarter revenues decrease 8.9% year over year due to lower volume of sales in the Gas Utilities and PTI sectors.
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.
Weakness in the PTI sectors is weighing on MRC Global (MRC). Rising costs are an added concern for the company.
Review MRC's (MRC) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2024 results on May 8, 2024, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What: MRC Global First Quarter 2024 Earnings Conference Call and Webcast When: Thursday, May 9, 2024, at 10:00 a.m.
MRC Global reports better-than-expected earnings and expects growth in 2024. The company has a diversified business model with many products and clients. Net sales growth drivers include multi-year programs with gas utility customers and gas demand from the housing market.
MRC (MRC) reported earnings 30 days ago. What's next for the stock?