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McDermott International, Inc.

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McDermott International, Inc. engages in the provision of technology, engineering, and construction solutions to the energy industry. It operates through the following segments: North, Central and South America ("NCSA"); Europe, Africa, Russia and Caspian ("EARC"); the Middle East and North Africa ("MENA"); Asia Pacific ("APAC"); and Technology. The NCSA segment designs, engineers and constructs upstream offshore oil & gas facilities, downstream oil & gas facilities, gas-fired power plants, LNG import and export terminals, atmospheric and refrigerated storage vessels and terminals, water storage and treatment facilities and pipe and module fabrication. The EARC segment designs, engineers and constructs upstream offshore oil & gas facilities, downstream oil & gas facilities, LNG import and export terminals, and atmospheric and refrigerated storage vessels and terminals. The MENA segment designs, engineers and constructs upstream offshore oil & gas facilities and pipelines, downstream oil & gas facilities, hydrocarbon processing facilities, atmospheric and refrigerated storage vessels and terminals, and performs pipe fabrication and manufacturing. The APAC segment designs, engineers and constructs upstream offshore oil & gas facilities and pipelines, refining and petrochemical facilities, hydrocarbon processing facilities, LNG import and export terminals and atmospheric and refrigerated storage vessels and terminals. The Technology segment is a technology licensor of proprietary gas processing, refining, petrochemical and coal gasification technologies as well as a supplier of proprietary catalysts, equipment and related engineering services. The company was founded in 1923 and is headquartered in Houston, TX.

Market Cap: 128 Million

Primary Exchange: New York Stock Exchange

Website: http://www.mcdermott.com

Shares Outstanding: 182 Million

Float: 158 Million

Dividend: (%)

Beta: 1.5011855445029008

Sector: Industrial Services

Industry: Oilfield Services/Equipment

Ethical Flags

Longest drawdown: 1261 trading days

From: 2013-02-08 To: 2018-02-12

Lowest Point:

McDermott wins paraxylene technology contract in China

via: SeekingAlpha at 2019-06-13 10:51:39:000

McDermott ( MDR +2.6% ) moves higher after saying it was awarded a sizeable technology contract from Ningbo Union King Polyester Material for the technology license, process design engineering and operator training for a large paraxylene plant in Ningbo, China. More news on: McDermott … read more...

Freeport LNG trains delayed by construction setbacks

via: SeekingAlpha at 2019-06-13 08:14:23:000

Construction delays at Freeport LNG are pushing back the startup of Train 2 and Train 3 liquefaction facilities by 4-5 months, according to a field inspection report released by the Federal Energy Regulatory Commission. More news on: McDermott International, Inc., The United States Natur… read more...

McDermott Awarded Paraxylene (pX) Technology Contract in China

via: PR Newswire at 2019-06-13 03:00:00:000

HOUSTON , June 13, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Ningbo Union King Polyester Material Limited for the technology license, process design engineering, and operator training ser… read more...

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