MRC Global Announces Third Quarter 2016 Results and Increase of Share Repurchase Program to $125 Million

Sales of $793 million

Net loss attributable to common stockholders of $(46) million

Cash flow from operations of $82 million

Adjusted EBITDA of $24 million

Non-cash, pre-tax inventory charges of $45 million

HOUSTON, November 3, 2016 /PRNewswire/ -- – MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy industry, today announced third quarter 2016 results. [Read Full Press Release]