McDermott International: Small Short-Term Spending Increases Should Not Overshadow The Long-Term Value Creation [Seeking Alpha]
MCDERMOTT INTL (MDR)
Last mcdermott intl earnings: 11/4 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
mcdermott-investors.com/phoenix.zhtml?c=96360&p=irol-calendar_pf
Company Research
Source: Seeking Alpha
McDermott International: Small Short-Term Spending Increases Should Not Overshadow The Long-Term Value Creation Summary No new changes in cost estimates for the legacy CBI projects were reported during 1Q19. The updated guidance for 2019 does indicate a slightly higher cash usage than had originally been expected, but this should not overshadow the rest of the good news. By year end 2020, all legacy CBI projects will be operational, integration will be done, and the value created by the recent merger with CBI will be fully realized. NOTE: Any reference to guidance is to the midpoint of the guidance range. On April 29, McDermott International (NYSE: MDR reported 1Q19 earnings The earnings contained some other pieces of good news. With respect to the backlog, it grew to $15.4B, which is 20% higher than the combined backlogs of the two companies prior to the merger. And with respect to the $475M in estimated annual CPI savings, the synergies have been fully actioned, and the full savings
Show less
Read more
Impact Snapshot
Event Time:
MDR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MDR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MDR alerts
High impacting MCDERMOTT INTL news events
Weekly update
A roundup of the hottest topics