Press Releases

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]

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]

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]

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]

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]

Fourth Quarter 2017:

Sales of $903 million

Net income attributable to common stockholders of $29 million

Adjusted EBITDA of $43 million

Full Year 2017:

Sales of $3.646 billion

Net income attributable to common stockholders of $26 million

Adjusted EBITDA of $179 million

HOUSTON, February 15, 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 fourth quarter 2017 results. [Read Full Press Release]

HOUSTON, Jan. 17, 2018 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced that its subsidiary, MRC Global (US) Inc., has renewed a five year contract to supply pipe, valve and fitting (PVF) products and services to DCP Midstream, LP (DCP). The five-year contract includes both maintenance, repair and operations (MRO) and project work.

HOUSTON, Jan. 4, 2018 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) will release fourth quarter 2017 results on Thursday, February 15, 2018 after the market closes. In conjunction with the release, the Company will host a conference call, which will be webcast, on Friday, February 16, 2018 at 10:00 a.m. Eastern / 9:00 a.m. Central. [Read Full Press Release]

Sales of $959 million

Net loss attributable to common stockholders of $(3) million

Adjusted EBITDA of $56 million

HOUSTON, November 2, 2017 /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 2017 results. [Read Full Press Release]

HOUSTON, Oct. 31, 2017 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that Deborah G. Adams has joined MRC Global's Board of Directors.

Ms. Adams, has over 30 years of management and operational experience at Phillips 66, an energy manufacturing and logistics company, as well as its predecessor companies. She has held a variety of roles including procurement, corporate strategy, commercial and business development, information systems and engineering. Her global experience covers the energy value chain with a heavy focus on both midstream and downstream. [Read Full Press Release]