MRC Global traded at $13.78 this Wednesday November 5th, decreasing $0.06 or 0.43 percent since the previous trading session. Looking back, over the last four weeks, MRC Global lost 8.32 percent. Over the last 12 months, its price fell by 4.57 percent. Looking ahead, we forecast MRC Global to be priced at 13.36 by the end of this quarter and at 12.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
MRC Global Inc. is a distributor of pipe, valves and fittings (PVF), and other infrastructure products and services to the energy industry. The Company also sells its products and provides its services to industrial applications. It provides supply chain solutions and technical product to the customers globally across each of its diversified end-markets, including gas utilities, downstream and industrial, upstream production, and midstream pipeline. It stores and distributes natural gas. It provides crude oil refining and petrochemical and chemical processing and general industrials services for downstream and industrial sector. Its upstream production includes exploration, production and extraction of underground oil and gas. Its midstream pipeline includes gathering, processing and transmission of oil and gas. Its distribution network extends across the world, including United States and western Canada, as well as Europe, Asia, Australasia, and the Middle East and Caspian region.