MDR - McDermott International, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
6.05
-0.15 (-2.42%)
As of 11:16AM EDT. Market open.
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Previous Close6.20
Open6.35
Bid6.12 x 1100
Ask6.13 x 2900
Day's Range6.03 - 6.50
52 Week Range6.03 - 22.32
Volume2,415,057
Avg. Volume5,142,747
Market Cap1.099B
Beta (3Y Monthly)4.05
PE Ratio (TTM)N/A
EPS (TTM)-16.31
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2000-06-13
1y Target Est10.79
Trade prices are not sourced from all markets
  • PR Newswire20 hours ago

    McDermott Reaffirms Schedule for Freeport LNG Project

    HOUSTON, May 23, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today reaffirmed its previously disclosed schedule for the Freeport LNG project in Freeport, Texas. As disclosed on April 29, 2019, McDermott expects initial LNG production from the third and final train to occur in the first quarter of 2020. McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry.

  • McDermott Awarded Petrochemicals Technology Contract in Hungary
    PR Newswireyesterday

    McDermott Awarded Petrochemicals Technology Contract in Hungary

    HOUSTON, May 23, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today announced that it has been awarded a sizeable* technology contract by MOL Petrochemicals for the basic engineering, technology license, catalyst and Front End Engineering Design (FEED) for an Olefins Conversion Technology (OCT) unit at MOL's petrochemicals complex in Tiszaújvaros, Hungary. Once complete, this unit will have a production capacity of 100,000 MTA of polymer grade propylene from steam cracker and refinery feedstocks, utilizing Lummus' proprietary OCT, and CDHydro® Deisobutenizer.

  • PR Newswire2 days ago

    McDermott Reaffirms Schedule for Cameron LNG Project

    HOUSTON, May 22, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today reaffirmed its previously disclosed schedule for the Cameron LNG project in Hackberry, Louisiana. As disclosed on April 29, 2019, McDermott expects initial LNG production from the third and final train to occur in the second quarter of 2020. McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry.

  • Indian ambassador courts investments from Houston energy cos.
    American City Business Journals2 days ago

    Indian ambassador courts investments from Houston energy cos.

    “The economic engagement with Houston and this part of the country is very critical for us,” the Indian ambassador to the U.S. told the Houston Business Journal.

  • McDermott CEO talks upcoming headquarters move
    American City Business Journals9 days ago

    McDermott CEO talks upcoming headquarters move

    The company would have trouble getting its Houston office count down to one. Its CEO said it would always have a presence in Houston.

  • KBR Emerges as Chosen Bidder for Freeport's LNG Train 4
    Zacks10 days ago

    KBR Emerges as Chosen Bidder for Freeport's LNG Train 4

    Freeport LNG selects KBR as the preferred bidder for the EPC contract for Train 4 at Freeport's export facility near Freeport, TX.

  • McDermott CEO: CB&I merger looks even better today than last year
    American City Business Journals10 days ago

    McDermott CEO: CB&I merger looks even better today than last year

    A year out from the merger with Chicago Bridge & Iron, McDermott International Inc.’s (NYSE: MDR) top executive is still happy with the deal. If anything, the strategic rational behind the $6 billion merger is even stronger today than it was at the time, said David Dickson, president and CEO of McDermott. McDermott has also taken steps toward some new opportunities in liquefied natural gas despite some “negative surprises” in that sector after the merger, Dickson said.

  • PR Newswire10 days ago

    McDermott Announces First Liquid from Cameron LNG Train 1

    HOUSTON, May 14, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today announced that Train 1 of the Cameron LNG project in Hackberry, La., has begun producing liquefied natural gas (LNG). "When a facility starts producing a product, it is always a significant accomplishment, especially for such a large-scale project like Cameron LNG," said Mark Coscio, McDermott's Senior Vice President for North, Central and South America. "We are proud of our project team for this achievement and for their exceptional safety performance during the construction phase.

  • PR Newswire10 days ago

    McDermott Awarded EPCI Contract by Petrobras for Sepia Field Project

    HOUSTON, May 14, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today announced the award of a significant* contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, located 174 miles (280 kilometers) from the Rio de Janeiro coastline in Brazil. The project scope includes detailed engineering, surveys, supply, installation and pre-commissioning of rigid pipelines, jumpers, buoyance modules, strakes and riser monitoring systems for seven-riser wells (3 producers and 4 injector wells) connected to the floating production, storage and offloading (FPSO) Carioca vessel. "McDermott has had a strong presence in Brazil going back more than four decades, and we see tremendous opportunity for growth in the region," said Mark Coscio, McDermott's Senior Vice President for North, Central and South America.

  • McDermott Awarded Polypropylene Technology Contract in India
    PR Newswire11 days ago

    McDermott Awarded Polypropylene Technology Contract in India

    HOUSTON, May 13, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today announced that it has been awarded a sizeable* technology contract by Chennai Petroleum Corporation Limited (CPCL), a group company of IndianOil, for the license, basic engineering design and proprietary catalyst supply for a 475 KTA (Kilo Tons per Annum) polypropylene plant in Nagapattinam, Tamil Nadu, India.

  • PR Newswire15 days ago

    McDermott Awarded Sizeable Offshore Contract by ADNOC

    HOUSTON, May 9, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) announced it has been awarded a sizeable* contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The scope of work also includes the preparation and submission of an EPCI proposal reflecting the design of the offshore facilities developed by McDermott through this FEED work. "This award reflects the market's recognition that McDermott is well qualified to provide execution-focused engineering design services to clients," said Linh Austin, McDermott's Senior Vice President, Middle East and North Africa.

  • CEO: Surprises haven’t scared McDermott away from LNG
    American City Business Journals17 days ago

    CEO: Surprises haven’t scared McDermott away from LNG

    “We’ve still got a bit of work to go,” CEO David Dickson said on the sidelines of the Offshore Technology Conference in Houston. “But generally things are getting very much under control.”

  • PR Newswire17 days ago

    McDermott Comments on Cost Position of Cameron Project

    HOUSTON, May 7, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today reiterated the position it had announced on April 29, 2019, that its Cameron LNG project did not experience any material change in its cost position in the first quarter of 2019. The company's statement comes in response to an announcement yesterday by Chiyoda Corporation, McDermott's joint venture partner in executing the contract, that Chiyoda had recorded an unquantified change in estimate on the Cameron project in the first quarter of 2019, along with charges on other projects, pending arbitration cases and other matters. McDermott is not involved in Chiyoda's new Strategy & Risk Integration Division, which was mentioned in its news release.

  • PR Newswire22 days ago

    McDermott Announces Results of Annual Stockholders' Meeting

    HOUSTON , May 2, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today the results of its Annual Meeting of Stockholders held Thursday, May 2, 2019 in London, England . Based on ...

  • Did Hedge Funds Drop The Ball On McDermott International, Inc. (MDR) ?
    Insider Monkey22 days ago

    Did Hedge Funds Drop The Ball On McDermott International, Inc. (MDR) ?

    There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]

  • Implied Volatility Surging for McDermott (MDR) Stock Options
    Zacks22 days ago

    Implied Volatility Surging for McDermott (MDR) Stock Options

    Investors need to pay close attention to McDermott (MDR) stock based on the movements in the options market lately.

  • Thomson Reuters StreetEvents23 days ago

    Edited Transcript of MDR earnings conference call or presentation 29-Apr-19 12:30pm GMT

    Q1 2019 McDermott International Inc Earnings Call

  • PR Newswire23 days ago

    McDermott Awarded FEED Contract by ADNOC Refining

    HOUSTON, May 1, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) announced it has been awarded a sizeable* contract by ADNOC Refining to provide front-end engineering design (FEED) services for the Refinery Offgases (ROG) project at the Ruwais Refinery in Abu Dhabi. The ROG FEED services will be used as the basis for the preparation of the engineering, procurement and construction management (EPCM) estimate and inquiry phase. Work on the project will begin immediately, and the contract award will be reflected in McDermott's second quarter 2019 backlog.

  • McDermott (MDR) Reports Q1 Earnings Miss, Backlog Hits $15B
    Zacks24 days ago

    McDermott (MDR) Reports Q1 Earnings Miss, Backlog Hits $15B

    McDermott (MDR) expects its operating performance to improve in the second half of 2019 on higher utilization, merger cost synergies and the implementation of recent bookings.

  • PR Newswire24 days ago

    McDermott Awarded EPC Contract by ENI México for Amoca Field Offshore Mexico

    HOUSTON, April 30, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) today announced the award of a contract by ENI México for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field, located approximately 18 miles (30 kilometers) offshore Dos Bocas in southeast Mexico.

  • McDermott International (MDR) Q1 2019 Earnings Call Transcript
    Motley Fool25 days ago

    McDermott International (MDR) Q1 2019 Earnings Call Transcript

    MDR earnings call for the period ending March 31, 2019

  • Associated Press25 days ago

    McDermott: 1Q Earnings Snapshot

    On a per-share basis, the Houston-based company said it had a loss of 39 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 2 cents per share. The maker of offshore drilling ...

  • PR Newswire25 days ago

    McDermott Completes Final Offshore Campaign for Ichthys LNG Project

    HOUSTON, April 29, 2019 /PRNewswire/ -- McDermott International, Inc. (MDR) announced today it has recently successfully completed the final offshore campaign for the INPEX-operated Ichthys LNG Project, located offshore Western Australia. This was the second of two remaining work packages left under McDermott's contract, which was the largest subsea contract ever awarded at the time. Most of the EPCI for the SURF contract awarded in January 2012 was completed by the end of 2017.

  • PR Newswire25 days ago

    McDermott Reports First Quarter 2019 Financial and Operational Results

    New awards of $6.7 billion and book-to-bill ratio of 3.0x 41% sequential-quarter increase in backlog to $15.4 billion No material increase in cost estimates on Cameron LNG and Freeport LNG projects; Cameron ...

  • TheStreet.comlast month

    McDermott Is Ready to Run With the Bulls

    Things are looking up for energy construction and engineering firm McDermott International Inc. MDR. The Houston-based company has formed a potentially important chart pattern. The chart of MDR, below, shows that after having made a series of lower highs from May through September of last year, selling pressure was finally sufficient to break price below the $17.