MRC Stock Recent News

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of MRC Global Inc. (“MRC” or the “Company”) (NYSE: MRC) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON MRC GLOBAL INC. (MRC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 5, 2025, after market hours, MRC announced that it had postponed the.

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

MRC made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 12, 2025.

HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year 2024, which had previously been scheduled for February 11, 2025, and February 12, 2025, respectively. The company will reschedule both events at a later date.

Investors need to pay close attention to MRC Global (MRC) stock based on the movements in the options market lately.

MRC gains from its solid momentum in the DIET sector. However, softness in the Gas Utilities and PTI sectors remains concerning.

MRC rewards shareholders with a share buyback program worth $125 million.

HOUSTON, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that its Board of Directors authorized a new $125 million share repurchase program, which expires on January 2, 2028. Under the repurchase program, the Company may purchase its outstanding common shares through various means, including open market transactions, block purchases, privately negotiated transactions or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), today announced that Moody's Ratings (“Moody's”) upgraded the company's corporate family rating to ‘B1' from ‘B2' with a stable outlook. Also, in conjunction with the company's issuance of a new Term Loan B, Moody's upgraded the rating of the anticipated Term Loan B to a ‘B2', a level higher than the company's previous term loan.

Agrees to Repurchase Preferred Stock Launches Term Loan B Financing to Fund Repurchase Pursues Amendment to ABL Facility to Extend Maturity Provides Preliminary Third Quarter 2024 Financial Results HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that it has agreed to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock as part of an agreement with Mario Investments, LLC, the holder of the preferred stock, which is contingent upon, among other things, the completion of a successful term loan financing. Upon satisfaction of the required conditions in the repurchase agreement, the company will repurchase the preferred stock for a total payment of approximately $361 million, representing 99.5% of the liquidation preference of the preferred stock.