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McDermott International, Inc. (MDR)

(Delayed Data from NYSE)

$7.96 USD

7.96
4,288,416

-0.13 (-1.61%)

Updated May 3, 2019 04:01 PM ET

After-Market: $7.97 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

McDermott International Files for Bankruptcy: What to Expect

Backed by the restructuring process and a secure exit financing of more than $2.4 billion, McDermott (MDR) looks forward to come out of bankruptcy with roughly $500 million in debt.

Options Traders Expect Huge Moves in McDermott (MDR) Stock

Investors need to pay close attention to McDermott (MDR) stock based on the movements in the options market lately.

Here's Why McDermott (MDR) is Down 44% Since Q3 Earnings

McDermott (MDR) boasts a 'Revenue Opportunity Pipeline' of $89.1 billion in Q3, comprising Backlog, Bids & Change Orders Outstanding, and Target Projects.

McDermott (MDR) Reports Q3 Loss, Lags Revenue Estimates

McDermott (MDR) delivered earnings and revenue surprises of -757.14% and -10.40%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

McDermott (MDR) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, McDermott (MDR) closed at $1.66, marking a +1.84% move from the previous day.

Are Options Traders Betting on a Big Move in McDermott (MDR) Stock?

Investors need to pay close attention to McDermott (MDR) stock based on the movements in the options market lately.

McDermott Signs Financing Deal, Withdraws 2019 Forecast

McDermott's (MDR) withdrawal of 2019 guidance and its high-debt costs crash its share price and bonds.

Will Chevron (CVX) Sell Its Stake in the ACG Oilfield to MOL?

Chevron (CVX) is set to relinquish its interest in the giant Azerbaijan oilfield to MOL for a consideration of more than $2 billion.

McDermott (MDR) Flat As Market Sinks: What You Should Know

McDermott (MDR) closed the most recent trading day at $1.80, making no change from the previous trading session.

McDermott (MDR) Wins Phase 3 of the FEED Contract From POSCO

The phase three contract services, slated for the third quarter of 2019, will be carried out at McDermott's (MDR) Center of Engineering Excellence in Kuala Lumpur.

Implied Volatility Surging for McDermott (MDR) Stock Options

Investors need to pay close attention to McDermott (MDR) stock based on the movements in the options market lately.

Can McDermott (MDR) Stock Rebound After Sharp Price Plunge?

Shares of McDermott (MDR) dive 70% to a 16-year low in the past week after rumours of a possible insolvency spread in the media.

    Company News for Sep 23, 2019

    Companies In The News Are: MDR, MRK, NFLX, XLNX

    McDermott's JV in China Lands Arctic LNG Project Contract

    McDermott's (MDR) joint venture with China Shipbuidling Industry Corporation will execute fabrication along with partial procurement, construction and pre-commissioning scope.

    Do Options Traders Know Something About McDermott (MDR) Stock We Don't?

    Investors need to pay close attention to McDermott (MDR) stock based on the movements in the options market lately.

    McDermott (MDR) Down 28.4% Since Last Earnings Report: Can It Rebound?

    McDermott (MDR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

    Is the Options Market Predicting a Spike in McDermott (MDR) Stock?

    Investors need to pay close attention to McDermott (MDR) stock based on the movements in the options market lately.

    McDermott (MDR) Slips to Q2 Loss, Lags on Sales, Cuts View

    McDermott International's (MDR) backlog hits $20.5 billion at the end of Q2, including $7.3 billion in new orders.

    McDermott (MDR) Reports Q2 Loss, Lags Revenue Estimates

    McDermott (MDR) delivered earnings and revenue surprises of -187.50% and -5.89%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

    Oil Stocks Q2 Earnings Roster for Jul 29: RIG, NOV & MDR

    The energy sector's second-quarter 2019 earnings and revenues are expected to decline 17.6% and 2.6%, respectively, from the year-ago period.

    McDermott (MDR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

    McDermott (MDR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    The Zacks Analyst Blog Highlights: Callon Petroleum, Carrizo Oil & Gas, McDermott International and Occidental Petroleum

    The Zacks Analyst Blog Highlights: Callon Petroleum, Carrizo Oil & Gas, McDermott International and Occidental Petroleum

    Nilanjan Choudhury headshot

    Oil & Gas Stock Roundup: Callon Petroleum's Acquisition, McDermott's Contract Wins & More

    Shale producer Callon Petroleum (CPE) agreed to buy smaller E&P player Carrizo Oil & Gas (CRZO) for $3.2 billion, while McDermott International (MDR) clinched twin contracts from Saudi Aramco.

    McDermott (MDR) Scoops Up FEED Contract for Oman LNG Project

    The value of McDermott's (MDR) latest FEED contract, which is expected within $1-$50 million, is going to be reflected in second-quarter 2019 backlog.

    McDermott Wins FEED Award for North Field Expansion Project

    The value of McDermott's (MDR) latest FEED contract, which is expected within $1-$50 million, will be reflected in second-quarter 2019 backlog.