MRC Global (MRC) Tops Q3 EPS by 3c, Revenues Beat
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MRC Global Announces Third Quarter 2019 Results
October 31, 2019 4:15 PM EDTHOUSTON, Oct. 31, 2019 /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 third quarter 2019 results.
The company's sales were $942 million for the third quarter of 2019, which was 4% lower than the second quarter of 2019 and 12% lower than the third quarter of 2018. The sequential decline was driven by a decrease in the midstream sector, partially offset by a slight increase in the upstream and downstream sectors. As compared to the third quarter... More
