MRC Global in the News

Read All News

Press Releases

  • MRC Global Announces Second Quarter 2014 Results

    Sales of $1,497 million
    Net income of $39 million
    Diluted EPS of $0.38 per share
    Adjusted diluted EPS of $0.42 per share
    Adjusted EBITDA of $106 million


    HOUSTON, July 31, 2014 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products and services to the energy industry, today announced second quarter 2014 results.


    The company's sales were $1,497 million for the second quarter of 2014, which were 18% higher than the second quarter of 2013 and 15% higher than the first quarter of 2014. Net income for the second quarter of 2014 was $39.3 million, or $0.38 per diluted share, compared to second quarter 2013 net income of $43.9 million, or $0.43 per diluted share.
    read full press release

  • MRC Global Inc. Announces Second Quarter 2014 Earnings Release And Conference Call Schedule

    HOUSTON, June 17, 2014 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that it will release its second quarter 2014 results on Thursday, July 31, 2014 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Friday, August 1, 2014 at 10:00 a.m. Eastern / 9:00 a.m. Central.

  • MRC Global Closes Hypteck Acquisition

    HOUSTON, June 10, 2014 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that its MRC Teamtrade subsidiary has closed the previously announced acquisition of Hypteck AS. Headquartered in Skotselv, Norway, Hypteck is a Norwegian provider of instrumentation and process control products to the offshore, marine and onshore industries with a focus on the Norwegian Continental Shelf (NCS).

  • MRC Global Acquires Valve Distributor in Singapore
    MRC Global Inc. (NYSE: MRC) announced today that MRC Global's Singapore subsidiary, MRC Transmark Pte. Ltd., has acquired MSD Engineering (Pte) Limited. Located in Singapore, MSD Engineering is a major distributor and regional service provider of valve and valve automation solutions to customers in Singapore, Brunei, China, Malaysia, Indonesia, Thailand, Vietnam and Taiwan. MSD Engineering had 2013 sales of $26 million, and will now operate as MRC MSD Engineering.
  • MRC Global to Acquire Hypteck in Norway
    MRC Global Inc. (NYSE: MRC) announced today that it has entered into a definitive agreement to acquire privately held Metron Holding AS, the parent holding company of Hypteck AS. Headquartered in Skotselv, Norway, Hypteck is a Norwegian provider of instrumentation and process control products to the offshore, marine and onshore industries with a focus on the Norwegian Continental Shelf (NCS). The company also provides instrumentation and process control system solutions to capital offshore projects around the world.

Read All News