Stock events for MRC Global, Inc. (MRC)
Several events have impacted MRC Global's stock price in the past six months. Loop Capital downgraded MRC Global due to its acquisition by DNOW Inc. Analyst ratings from Susquehanna, Stifel Nicolaus, Zacks Research, and Weiss Ratings have changed. MRC Global reported a strong second quarter in 2025, with revenue increasing by 12%. MRC Global's shares have returned 25.7% over the last six months. Short interest in MRC Global recently increased. MRC Global announced the sale of its Canada business to Emco.
Demand Seasonality affecting MRC Global, Inc.’s stock price
Historically, MRC Global has experienced seasonal weakness in sales to midstream customers during the fourth quarter. The company's broad geographic footprint allows it to respond to regional demand fluctuations.
Overview of MRC Global, Inc.’s business
MRC Global Inc. operates in the Energy sector, supplying components and solutions for energy infrastructure projects, serving upstream, midstream, and downstream oil and gas producers, as well as petrochemical, power generation, and mining operations. The company offers commodity and specialty fittings, various types of valves, strainers, gaskets, flange insulations, hammer unions, and automation products. MRC Global provides value-added services such as kitting, inventory management, logistics support, fabrication, valve modification services, and technical support.
MRC’s Geographic footprint
Headquartered in Houston, Texas, MRC Global operates a global network of distribution centers, branch locations, and fabrication facilities. Its geographic footprint spans North America, Europe, the Middle East, Asia Pacific, and Latin America. The majority of the company's revenue is generated from its operations in the United States.
MRC Corporate Image Assessment
MRC Global has maintained a news sentiment score of 0.87 in the past year, and MarketBeat tracked 10 news articles for the company in a recent week. The strategic sale of its Canada business was framed as a move to focus on core markets and improve financial metrics.
Ownership
MRC Global's ownership structure is primarily institutional, with approximately 94.97% of the company's stock held by institutions and 2.00% held by insiders. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Pzena Investment Management LLC. The largest individual shareholder is Henry Cornell, owning 29.19 million shares, representing 34.34% of the company.
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