MRC Global (MRC) Tops Q1 EPS by 6c

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Go back to MRC Global (MRC) Tops Q1 EPS by 6c

MRC Global Announces First Quarter 2017 Results

May 4, 2017 4:17 PM EDT

HOUSTON, May 4, 2017 /PRNewswire/ -- 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 2017 results.

The company's sales were $862 million for the first quarter of 2017, which were 10% higher than the first quarter of 2016 and 20% higher than the fourth quarter of 2016. As compared to last year, increased customer activity primarily in the midstream sector drove the improvement. 

Net income (loss) attributable to common stockholders for the first quarter of 2017 was... More