MRC Global in the News

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Press Releases

  • MRC Global Announces Second Quarter 2018 Results

    Sales of $1.08 billion

    Net income attributable to common stockholders of $16 million

    Diluted earnings per common share of $0.17

    Adjusted EBITDA of $78 million


    HOUSTON, August 1, 2018 /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 second quarter 2018 results. [Read Full Press Release]

  • MRC Global Elects Henry Cornell to the Board of Directors

    HOUSTON, June 11, 2018 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that Henry Cornell has joined its board of directors.

    Mr. Cornell is the founder and senior partner of Cornell Capital LLC, a private investment firm based in New York and Asia that currently manages over $2.2 billion of assets. In June 2015, an affiliate of Cornell Capital invested $363 million in MRC Global through a preferred stock financing. Pursuant to the terms of that preferred stock transaction, the holder of the preferred stock has designated Mr. Cornell as a director to the company's board of directors. Mr. Cornell was then elected by the company's board of directors. [Read Full Press Release]

  • MRC Global Announces Second Quarter 2018 Earnings Release and Conference Call Schedule

    HOUSTON, June 6, 2018 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) will release second quarter 2018 results on Wednesday, August 1, 2018 after the market closes. In conjunction with the release, the Company will host a conference call, which will be webcast, on Thursday, August 2, 2018 at 10:00 a.m. Eastern / 9:00 a.m. Central. [Read Full Press Release]

  • MRC Global Reprices Term Loan B

    HOUSTON, May 22, 2018 /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 a repricing of its $399 million Term Loan B. [Read Full Press Release]

  • MRC Global Announces First Quarter 2018 Results

    Sales of $1.010 billion

    Net income attributable to common stockholders of $12 million

    Diluted earnings per common share of $0.13

    Adjusted EBITDA of $59 million


    HOUSTON, May 2, 2018 /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 first quarter 2018 results. [Read Full Press Release]

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