reports
MRC Global Announces Agreement with Engine Capital and Appointment of ...
MRC Global Announces Agreement with Engine Capital and Appointment of Daniel Silvers to the Board of Directors HOUSTON, April 02, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) (“MRC Global” or the “Company”), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today announced that Daniel Silvers has been appointed to the Company’s Board of Directors, effective immediately. Mr. Silvers will serve on the Board’s Compensation and Environmental, Social, Governance...
MRC Global Announces First Quarter 2024 Earnings Release, Conference C...
MRC Global Announces First Quarter 2024 Earnings Release, Conference Call and Webcast Schedule HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2024 results on May 8, 2024, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What:MRC Global First Quarter 2024 Earnings Conference Call and Webcast When:Thursday, May 9, 2024, at 10:00 a.m. Eastern / 9:00 a.m. Central How:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or Via webcast – Visi...
MRC Global Responds to Engine Capital and Affirms Board and Management...
MRC Global Responds to Engine Capital and Affirms Board and Management’s Focus on Delivering Long-Term Value Creation HOUSTON, March 19, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets (“MRC Global” or the “Company”), today issued the following statement in response to the recent statement and nomination notice the Company has received from Engine Capital LP (“Engine”): For the full-year 2023, MRC Global set several new re...
David Hager Joins MRC Global’s Board of Directors
David Hager Joins MRC Global’s Board of Directors HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that David (Dave) A. Hager, previously Executive Chairman of Devon Energy Corporation, has joined MRC Global’s board of directors, effective March 11, 2024. Robert Wood, MRC Global’s Chairman of the Board, commented, “I am thrilled to welcome Dave Hager as a new independent director. During his tenure as CEO and Executive Chairman of Devon Energy, Dave led the execution of a strategy that drove impressive returns for Devon’s shareholders. His...
MRC Global Reports Full Year and Fourth Quarter 2023 Results
MRC Global Reports Full Year and Fourth Quarter 2023 Results HOUSTON, Feb. 13, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today reported full year and fourth quarter 2023 results. Net income attributable to common stockholders for the fourth quarter of 2023 was $15 million, or $0.17 per diluted share, as compared to a net income of $15 million, or $0.18 per diluted share in the fourth quarter of 2022. Ne...
MRC Global Announces Fourth Quarter and Full Year 2023 Earnings Releas...
MRC Global Announces Fourth Quarter and Full Year 2023 Earnings Release, Conference Call and Webcast Schedule HOUSTON, Dec. 15, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its fourth quarter and full year 2023 results on February 13, 2024, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What:MRC Global Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast When:Wednesday, February 14, 2024, at 10:00 a.m. Eastern / 9:00 a.m. Central How:Via phone – Dial 201-689-8261 and ask for the MRC G...
MRC Global Announces Third Quarter 2023 Results
MRC Global Announces Third Quarter 2023 Results HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced third quarter 2023 results. Net income attributable to common stockholders for the third quarter of 2023 was $29 million, or $0.33 per diluted share, as compared to the third quarter of 2022 net income attributable to common stockholders of $18 million, or $0.21 per diluted share. Adj...
MRC Global A Key Valve Provider for Preem’s Lysekil Refinery Biofuel P...
MRC Global A Key Valve Provider for Preem’s Lysekil Refinery Biofuel Project HOUSTON, Oct. 19, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that it served as a key valve supplier for the Preem Lysekil Refinery biofuel project located in Lysekil, Sweden. This major project will make the Lysekil Refinery the largest producer of renewable fuels in Scandinavia and aid Preem in their goal of creating a more sustainable future. Preem, working with Wood, one of the world’s leading consulting and engineering companies, collaborated to modify the Synsat unit at Preem’s Lysekil R...
MRC Global Extends Enterprise Framework Agreement with Shell
MRC Global Extends Enterprise Framework Agreement with Shell HOUSTON, Sept. 27, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that its subsidiary, MRC Global (US) Inc. has extended its Enterprise Framework Agreement with Shell plc. until 2028. Under this global agreement, MRC Global will remain a key supplier of Shell’s pipe, valves and fittings as well as ad-hoc valve actuation services for its upstream, midstream and downstream assets. This includes both maintenance, repair and operations (MRO) as well as projects. Noteworthy projects that MRC Global currently supports...
MRC Global Announces Third Quarter 2023 Earnings Release, Conference C...
MRC Global Announces Third Quarter 2023 Earnings Release, Conference Call and Webcast Schedule HOUSTON, Sept. 15, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its third quarter 2023 results on November 7, 2023, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What:MRC Global Third Quarter 2023 Earnings Conference Call and Webcast When:Wednesday, November 8, 2023, at 10:00 a.m. Eastern / 9:00 a.m. Central How:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or Via web...
MRC Global Announces Second Quarter 2023 Results
MRC Global Announces Second Quarter 2023 Results HOUSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced second quarter 2023 results. Net income attributable to common stockholders for the second quarter of 2023 was $18 million, or $0.21 per diluted share, as compared to the second quarter of 2022 net income of $8 million, or $0.09 per diluted share. Adjusted net income attributable to common sto...
MRC Global Publishes 2023 Environmental, Social Responsibility & Corpo...
MRC Global Publishes 2023 Environmental, Social Responsibility & Corporate Governance Report HOUSTON, July 12, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, published its 2023 Environmental, Social Responsibility & Corporate Governance Report (“ESG Report”) on . The 2023 ESG Report describes MRC Global’s strategic efforts to: Advance the Energy TransitionMinimize Greenhouse Gases (“GHG”) and Reduce PollutionReduce its C...
MRC Global Announces Second Quarter 2023 Earnings Release, Conference ...
MRC Global Announces Second Quarter 2023 Earnings Release, Conference Call and Webcast Schedule HOUSTON, June 16, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its second quarter 2023 results on August 7, 2023, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What:MRC Global Second Quarter 2023 Earnings Conference Call and WebcastWhen:Tuesday, August 8, 2023, at 10:00 a.m. Eastern / 9:00 a.m. CentralHow:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or Via webcast – V...
MRC Global Announces First Quarter 2023 Results
MRC Global Announces First Quarter 2023 Results HOUSTON, May 08, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced first quarter 2023 results. Net income attributable to common stockholders for the first quarter of 2023 was $28 million, or $0.33 per diluted share, as compared to the first quarter of 2022 net income of $10 million, or $0.12 per diluted share. Adjusted net income attributable to common stockho...
MRC Global Postpones Term Loan Refinancing Following Cornell Capital L...
MRC Global Postpones Term Loan Refinancing Following Cornell Capital Lawsuit MRC Global Has Determined Not to Proceed with the Refinancing at this Time Since Cornell Capital’s Litigation Has Complicated the Execution of the Refinancing on Favorable TermsMRC Global Believes it Has Sufficient Capacity under its Existing Credit Facilities if Required to Pay its Term Loan before it Matures in September 2024 HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that it has postponed its current efforts to refinance its Term Loan B, which matures in September ...
MRC Global Comments on Litigation Filed by Cornell Capital
MRC Global Comments on Litigation Filed by Cornell Capital HOUSTON, April 25, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today commented on a lawsuit filed by Mario Investments LLC, an affiliate of Cornell Capital LLC, the sole holder of MRC Global’s 6.50% Series A Convertible Perpetual Preferred Stock. The lawsuit, brought against the company in the Delaware Court of Chancery, attempts to prevent MRC Global from moving forward with its previously announced refinancing of its senior secured Term Loan B. The company disputes Cornell Capital’s claim in the lawsuit that Cornell Cap...
MRC Global Announces Proposed Refinancing of Senior Secured Term Loan ...
MRC Global Announces Proposed Refinancing of Senior Secured Term Loan B Credit Agreement and Provides Preliminary First Quarter 2023 Financial Results HOUSTON, April 24, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today announced it is launching an effort to amend, extend and refinance in full its $295 million in outstanding principal amount under its existing senior secured Term Loan B, scheduled to matur...
MRC Global Announces First Quarter 2023 Earnings Release, Conference C...
MRC Global Announces First Quarter 2023 Earnings Release, Conference Call and Webcast Schedule HOUSTON, March 20, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2023 results on May 8, 2023, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What: MRC Global First Quarter 2023 Earnings Conference Call and Webcast When: Tuesday, May 9, 2023, at 10:00 a.m. Eastern / 9:00 a.m. Central How: Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or Via webcast –...
MRC Global Reports Full Year and Fourth Quarter 2022 Results and 2023 ...
MRC Global Reports Full Year and Fourth Quarter 2022 Results and 2023 Outlook HOUSTON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today reported full year and fourth quarter 2022 results. Net income attributable to common stockholders for the fourth quarter of 2022 was $15 million, or $0.18 per diluted share, as compared to a net loss of ($10) million, or ($0.12) per diluted share in the fourth ...
MRC Global Launches New Corporate Website mrcglobal.com
MRC Global Launches New Corporate Website mrcglobal.com HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) is proud to announce the launch of its new and completely redesigned corporate website , reflecting the company’s strategy and corporate culture. The new website was re-imagined with widescale improvements to the site’s look and feel, usability, navigation, and full optimization for mobile devices. A new video message from our President & CEO, Rob Saltiel, highlights the company’s strategic direction, brand, and value proposition as trusted supply chain experts. ...
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