MRC GlobalMRC
Market Cap: $1.04B
About: MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control the direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.
Employees: 2,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
264% more call options, than puts
Call options by funds: $200K | Put options by funds: $55K
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
42% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 55
10% more funds holding
Funds holding: 176 [Q1] → 194 (+18) [Q2]
3% more capital invested
Capital invested by funds: $1B [Q1] → $1.03B (+$34.5M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.4% less ownership
Funds ownership: 94.62% [Q1] → 94.21% (-0.4%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Susquehanna Charles Minervino 31% 1-year accuracy 17 / 55 met price target | 31%upside $16 | Positive Maintained | 26 Jun 2024 |
Financial journalist opinion
Based on 3 articles about MRC published over the past 30 days