McDermott International Inc (N:MDR)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
See Regulatory Filings on SEC
Company Contact
Address: 757 N Eldridge Pkwy
HOUSTON TX 77079-4527
Tel: 1-832-5131068
IR: See website
Key People
David Dickson
President, Chief Executive Officer, Director
Tareq Kawash
Senior Vice President, Europe, Africa, Russia and Caspian
Christopher A. Krummel
Chief Financial Officer, Executive Vice President
Samik Mukherjee
Chief Operating Officer, Executive Vice President
Stephen L. Allen
Chief Human Resource Officer, Senior Vice President
John M. Freeman
Executive Vice President, Chief Legal Officer, Corporate Secretary
Daniel M. McCarthy
Executive Vice President - Lummus Technology
Linh Austin
Senior Vice President, Middle East and North Africa
Mark Coscio
Senior Vice President, North, Central & South America
Neil Gunnion
Senior Vice President, Project Execution and Delivery
Business Overview
McDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. The Company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction.
Financial Overview
For the nine months ended 30 September 2019, McDermott International Inc revenues increased 40% to $6.47B. Net loss applicable to common stockholders totaled $2.1B vs. income of $84M. Revenues reflect EARC segment increase from $151M to $340M, Technology segment increase of 19% to $302M, NCSA segment increase of 1% to $2.64B. Net loss reflects MENA segment income decrease of 63% to $95M, APAC segment income decrease of 88% to $15M.
Employees: 31,900 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,795M as of Sep 30, 2019
Annual revenue (TTM): $8,542M as of Sep 30, 2019
EBITDA (TTM): -$80.00M as of Sep 30, 2019
Net annual income (TTM): -$4,878M as of Sep 30, 2019
Free cash flow (TTM): -$955.00M as of Sep 30, 2019
Net Debt Last Fiscal Year: $3,643M as of Sep 30, 2019
Shares outstanding: 181,824,089 as of Oct 31, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization