MRC Global: Gas Demand From The Housing Market, Multi-Year Agreements, And Cheap [Seeking Alpha]
MRC Global Inc. (MRC)
Last mrc global inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
investor.mrcglobal.com/investor-overview
Company Research
Source: Seeking Alpha
The company has a diversified business model with many products and clients. Net sales growth drivers include multi-year programs with gas utility customers and gas demand from the housing market. MRC Global Inc. ( NYSE: MRC ) recently reported better-than-expected EPS GAAP earnings and EPS growth , and positive FCF is also expected in 2024. With a diversified business model that includes many products and many clients, I believe that the largest net sales growth drivers include multi-year programs with gas utility customers and gas demand from the housing market. In addition, I would be expecting conscious demand from the need for replacement and maintenance of all gas infrastructure both in the U.S. and internationally. There are obvious risks from issues with suppliers, and volatility in the energy industry, however, I believe that MRC does trade quite cheaply right now at close to 5-6x cash flow. MRC Global: Many Products, And Many Clients MRC is the world's leading distr
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MRC
News
- If EPS Growth Is Important To You, MRC Global (NYSE:MRC) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- Reasons Why You Should Avoid Betting on MRC Global (MRC) [Yahoo! Finance]Yahoo! Finance
- A Dive into MRC Global's (MRC) International Revenue Trends and Forecasts [Yahoo! Finance]Yahoo! Finance
- MRC Global Inc. (NYSE: MRC) had its price target raised by analysts at Susquehanna from $13.00 to $15.00. They now have a "positive" rating on the stock.MarketBeat
- MRC Global makes board appointment in deal with Engine Capital [Seeking Alpha]Seeking Alpha
MRC
Earnings
- 2/13/24 - Beat
MRC
Sec Filings
- 4/3/24 - Form 3
- 4/3/24 - Form ARS
- 4/3/24 - Form DEF
- MRC's page on the SEC website