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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 Wins EPCI Contracts Worth $4.5B From Saudi Aramco

The value of the latest two contracts will be reflected in McDermott's (MDR) second-quarter 2019 backlog.

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.

ExxonMobil, SABIC Eyes Texas Petrochemical Unit Construction

ExxonMobil (XOM) expects the construction of new petrochemical complex in Texas to commence in third-quarter 2019.

McDermott Scoops Up EPC Contract for Mozambique LNG Project

The Mozambique LNG contract will be reflected in McDermott International's (MDR) backlog after Anadarko makes a final investment decision on the project, which is expected in June 2019.

McDermott (MDR) Stock Plummets 72% Over a Year: Here's Why

While McDermott (MDR) has a lot on its plate that may boost the firm's earnings and revenue prospects, execution issues, weak financials and bleak cash flow outlook may play spoilsports.

Why Is McDermott (MDR) Down 21.5% Since Last Earnings Report?

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

KBR Emerges as Chosen Bidder for Freeport's LNG Train 4

Freeport LNG selects KBR as the preferred bidder for the EPC contract for Train 4 at Freeport's export facility near Freeport, TX.

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.

Nilanjan Choudhury headshot

McDermott (MDR) Reports Q1 Earnings Miss, Backlog Hits $15B

McDermott (MDR) expects its operating performance to improve in the second half of 2019 on higher utilization, merger cost synergies and the implementation of recent bookings.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Schlumberger & Halliburton's Q1, ConocoPhillips' Asset Sale

While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.

Stock Market News For Apr 17, 2019

Markets closed higher on Tuesday as investors welcomed a spate of healthy first quarter earnings results.

McDermott Up 12.6% as Cameron LNG Project Nears Completion

McDermott's (MDR) Cameron LNG project reaches the final stage, taking some pressure off the company.

Analysts Estimate McDermott (MDR) to Report a Decline in Earnings: What to Look Out for

McDermott (MDR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ExxonMobil's JV to Market Golden Pass LNG Export Volumes

ExxonMobil (XOM) and Qatar Petroleum expect the Golden Pass LNG export project to come online in 2024.

McDermott (MDR) Down 17.5% 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.

McDermott Scoops Up Middle East Contract Worth $500-750M

With ongoing contract wins, McDermott's (MDR) backlog and revenue pipeline are likely to witness further momentum.

Baker Hughes (BHGE) & McDermott Secure Two Contracts From BP

Baker Hughes (BHGE) & McDermott receive subsea umbilicals, risers and flowlines (SURF), and subsea production system (SPS) equipment contracts from BP for Greater Tortue Ahmeyim natural gas project.

McDermott's (MDR) Q4 Earnings, Revenues Lag Estimates

McDermott's (MDR) fourth-quarter results are significantly affected by cost overruns from three projects.

McDermott (MDR) Jumps: Stock Rises 7.6%

McDermott (MDR) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Occidental's Q4, Shell's Acquisition & More

Occidental Petroleum (OXY) reported fourth-quarter earnings that came above the Zacks Consensus Estimate, while Royal Dutch Shell plc (RDS.A) agreed to acquire German battery maker sonnen.

McDermott Plunges 26.7% on Cameron LNG Project Cost Surge

McDermott's (MDR) fourth-quarter 2018 results are likely to reflect a $168-million charge for cost overruns on the Cameron LNG project.

McDermott (MDR) Boosts Saudi Exposure With New Tank Contract

McDermott (MDR) states that the contract from Daelim Saudi Arabia will be incorporated in its fourth-quarter 2018 backlog.

McDermott (MDR) Receives Tank Contract From Puma Energy

McDermott (MDR) states that the contract from Puma Energy will be incorporated in its fourth-quarter 2018 backlog.

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

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

McDermott Gets Australian Equus Development Project Contract

McDermott's (MDR) portion of the Australian Equus Development Project contract is expected to be valued in the range of $1-$50 million.