How Rewarding Investors Believe These Oil and Gas Stocks are? - NOW Inc., MRC Global, Flotek Industries, and Parker Drilling
PR Newswire - Fri Jul 08, 6:50AM CDT
Despite a slow and steady recovery in oil prices, the Oil and Gas Equipment and Services space continues to face significant headwinds. Firms are now taking advantage of M&A activities and are improving their operating models in order to stay afloat. Here are today's stocks in focus on Stock-Callers.com: NOW Inc. (NYSE: DNOW), MRC Global Inc. (NYSE: MRC), Flotek Industries Inc. (NYSE: FTK), and Parker Drilling Co. (NYSE: PKD). Learn more about these stocks and receive your complimentary notes at:
DNOW: 20.16 (+0.72), MRC: 14.49 (+0.38), PKD: 2.38 (+0.16), FTK: 14.66 (+0.97)
MRC Global Downgraded to Sell on Weak Business Conditions
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 8:48AM CDT
On Jul 5, 2016, Zacks Investment Research downgraded MRC Global Inc. (MRC) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold).
AG: 15.45 (-1.00), ALB: 85.67 (+2.04), MRC: 14.49 (+0.38), SYNL: 7.70 (-0.06)
MRC Global's Growth Prospects Bright Despite Macro Risks
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 9:34AM CDT
On Jun 7, 2016, we issued an updated research report on MRC Global Inc. (MRC).
AG: 15.45 (-1.00), MRC: 14.49 (+0.38), SYNL: 7.70 (-0.06), AGFS: 6.06 (+0.09)
Stock Updates on Oil & Gas Equipment & Services - MRC Global, TETRA Technologies, NOW Inc., and Flotek Industries
PR Newswire - Tue Jun 07, 7:25AM CDT
On Monday, June 06, 2016, the NASDAQ Composite ended the trading session at 4,968.71, up 0.53%; the Dow Jones Industrial Average advanced 0.64% to finish at 17,920.33; and the S&P 500 closed at 2,109.41, up 0.49%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: MRC Global Inc. (NYSE: MRC), TETRA Technologies Inc. (NYSE: TTI), NOW Inc. (NYSE: DNOW), and Flotek Industries Inc. (NYSE: FTK). Learn more about these stocks by accessing their free trade alerts at:
DNOW: 20.16 (+0.72), MRC: 14.49 (+0.38), TTI: 6.46 (+0.27), FTK: 14.66 (+0.97)
MRC Global Announces Second Quarter 2016 Earnings Release and Conference Call Schedule
PR Newswire - Thu Jun 02, 5:00AM CDT
MRC Global Inc. (NYSE: MRC) announced today that it will release its second quarter 2016 results on Tuesday, August 2, 2016 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 Wednesday, August 3, 2016 at 10:00 a.m. Eastern / 9:00 a.m. Central.
MRC: 14.49 (+0.38)
MRC Global Expands Service to Chemours in the U.S. Gulf Coast
PR Newswire - Mon May 16, 5:30AM CDT
MRC Global Inc. (NYSE: MRC) announced that its subsidiary, MRC Global (US) Inc., has been awarded an agreement to be the primary provider of pipe, valve, fitting (PVF) products and services to all U.S. locations of The Chemours Company. The five year agreement added the Gulf Coast region and also includes valve automation and specialty piping products.
MRC: 14.49 (+0.38)
MRC Global Awarded New Contract to Support BASF's North American Operations
PR Newswire - Tue May 10, 3:15PM CDT
MRC Global Inc. (NYSE: MRC) announced that its subsidiary, MRC Global (US) Inc., has been awarded an agreement to be the primary provider of pipe, fitting and flange products and services to BASF Corporation, the North American affiliate of BASF SE.
MRC: 14.49 (+0.38)
MRC Global (MRC) Posts Narrower-than-Expected Loss in Q1
Zacks Equity Research - Zacks Investment Research - Tue May 03, 9:08AM CDT
MRC Global Inc.'s (MRC) reported better-than-expected first-quarter 2016 results.
ABX: 20.83 (-1.21), MRC: 14.49 (+0.38), VMI: 138.83 (+1.52), MWA: 12.03 (+0.18)
The Weak Oil Market Continues to Batter MRC Global Inc.'s Earnings
Matthew DiLallo, The Motley Fool - Motley Fool - Tue May 03, 7:20AM CDT
Image source: MRC Global. The oil market went from bad to worse during the first quarter, after the price of crude dropped below $30 a barrel and stayed there most of the quarter. That had a big impact on oilfield activity levels and the need for...
NOV: 34.07 (+1.88), MRC: 14.49 (+0.38)
MRC reports 1Q loss
Automated Insights - Mon May 02, 3:51PM CDT
HOUSTON (AP) _ MRC Global Inc. (MRC) on Monday reported a first-quarter loss of $8 million, after reporting a profit in the same period a year earlier.
MRC: 14.49 (+0.38)
MRC Global Announces First Quarter 2016 Results
PR Newswire - Mon May 02, 3:15PM CDT
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 2016 results.
MRC: 14.49 (+0.38)
3 Numbers to Watch When NOW Inc. Reports
Matthew DiLallo, The Motley Fool - Motley Fool - Mon May 02, 11:03AM CDT
The first quarter was a tough one for the oil sector after the price of crude oil crashed below $30 a barrel and stayed there for much of the quarter. That caused a huge drop-off of oil-field activities, likely leading to a big first-quarter...
DNOW: 20.16 (+0.72), MRC: 14.49 (+0.38)
MRC Global Expands Service to Chevron into the Gulf of Mexico
PR Newswire - Wed Apr 06, 3:15PM CDT
MRC Global Inc. (NYSE: MRC) announced that its subsidiary, MRC Global (US) Inc., has been awarded a new maintenance, repair and operations (MRO) agreement to be a preferred supplier of pipe, valves and fittings (PVF) products and services to Chevron's operations in the Gulf of Mexico.
MRC: 14.49 (+0.38)
MRC Global (MRC) Continues to Face Headwinds: Sell it Now?
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 12:45PM CDT
On Mar 28, 2016, we issued an updated research report on MRC Global Inc. (MRC).
AUMN: 0.79 (-0.01), MRC: 14.49 (+0.38), AKS: 5.44 (+0.50)
MRC Global Announces First Quarter 2016 Earnings Release and Conference Call Schedule
PR Newswire - Thu Mar 03, 3:15PM CST
MRC Global Inc. (NYSE: MRC) announced today that it will release its first quarter 2016 results on Monday, May 2, 2016 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 Tuesday, May 3, 2016 at 10:00 a.m. Eastern / 9:00 a.m. Central.
MRC: 14.49 (+0.38)
MRC Global Signs Agreement to Sell Oil Country Tubular Goods (OCTG) Business
PR Newswire - Wed Feb 10, 6:10PM CST
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 that it has entered into a definitive agreement to sell its U.S. OCTG business to Sooner Pipe, LLC, a subsidiary of Marubeni-Itochu Tubulars America, Inc., for $48 million, subject to certain adjustments. MRC Global's U.S. OCTG sales were approximately $305 million in 2015. As a result of the expected sale, a pre-tax charge of approximately $5.0 million is expected to be recorded in the fourth quarter of 2015. The transaction is expected to close in the first quarter of 2016, subject to customary closing conditions.
MRC: 14.49 (+0.38)
MRC Global Downgraded to Sell on Dismal Business Situation
Zacks Equity Research - Zacks Investment Research - Wed Jan 20, 1:45PM CST
On Jan 19, 2016, Zacks Investment Research downgraded MRC Global Inc. (MRC) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold).
AEM: 54.36 (-1.18), MRC: 14.49 (+0.38), VMI: 138.83 (+1.52)
MRC Global Slips to Sell on Pricing and Headwind Woes
Zacks Equity Research - Zacks Investment Research - Tue Jan 19, 1:10PM CST
On Jan 18, 2015, Zacks Investment Research downgraded MRC Global Inc. (MRC) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold).
AEM: 54.36 (-1.18), MRC: 14.49 (+0.38), VMI: 138.83 (+1.52), SYNL: 7.70 (-0.06)
MRC Global Announces Fourth Quarter and Full Year 2015 Earnings Release and Conference Call Schedule
PR Newswire - Thu Jan 07, 3:15PM CST
MRC Global Inc. (NYSE: MRC) announced today that it will release its fourth quarter and full year 2015 results on Monday, February 22, 2016 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 Tuesday, February 23, 2016 at 10:00 a.m. Eastern / 9:00 a.m. Central.
MRC: 14.49 (+0.38)