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MDRIQ News and Press, McDermott International Inc.

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Company Name: McDermott International Inc.
Stock Symbol: MDRIQ
Market: OTC

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MDRIQ - Enbridge to take 30% stake in Canada's Woodfibre LNG export project

Enbridge ( NYSE: ENB ) said Friday it will partner will Pacific Energy Corp. to spend C$5.1B (US$3.98B) in the joint construction and operation of the Woodfibre LNG project in British Columbia. Enbridge ( ENB ) will invest in a 30% ownership stake in the liquefied na...

MDRIQ - Why did Tellurian stock soar today?

Tellurian (TELL) shares posted strong Q1 gains, as an emerging energy crisis in Europe put the company in poll position to sign LNG offtake agreements and commence construction of its flagship Driftwood LNG project. However, in March, Chairman Souki said he expected to reach final investment ...

MDRIQ - Crude Oil WTI Spikes: The Storm Today After The Calm Yesterday

The benchmark US crude oil grade WTI spiked by 11% in early afternoon futures trading to $106.75 a barrel, the highest since June 2014, before beginning to ease off just a tad. WTI is now up 20% from a month ago and 75% from a year ago. Now the industry is in no hurry to increase ...

MDRIQ - FPA Crescent Fund Q2 2021 Commentary

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class gained 3.26% in 2021’s secon...

MDRIQ - McDermott-Sinopec team wins $1.9B award from Total for huge Uganda project

TebNad/iStock via Getty Images A consortium of U.S.-based McDermott (MDRIQ) and China's Sinopec (SNP) says it won a conditional award to build the upstream facilities for TotalEnergies' (TOT) huge Tilenga project in Uganda. McDermott says the contract - which is subject to the approval of Til...

MDRIQ - Argan, Inc.: Value Proposition Requires Monetizing Backlog

Argan builds natural gas power plants and, currently, has a $3B project backlog. Prior operating history is concerning after the company burned through their backlog two years ago and revenues decreased over 50%. Given relatively cheap valuation, competitor exits, and current back...

MDRIQ - AES signs deal with PetroVietnam Gas for $2.8B LNG import terminal

"Vietnam has given the green light to AES Corp. (AES) to go forward" with a project to develop a local $2.8B LNG import terminal and power plant, U.S. Secretary of State Mike Pompeo said at a virtual Indo-Pacific Business Forum.Much of the LNG will be imported from the U.S., which wants to na...

MDRIQ - Baupost Q2 2020 Investor Letter

Source: Reddit Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...

MDRIQ - McDermott Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In McDermott International, Inc. To Contact The Firm

New York, New York--(Newsfile Corp. - July 21, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in McDermott International, Inc. ("McDermott" or the "Company") (OTC Pink: MDRIQ) of the September 16, 2020 deadline to seek the role of lead plaintiff in ...

MDRIQ - MCDERMOTT DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In McDermott International, Inc. To Contact The Firm

NEW YORK, July 20, 2020 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in McDermott International, Inc. ("McDermott" or the "Company")(OTC:MDRIQ) of the September 16, 2020 deadline to seek the role of lead plaintiff in a federal secur...

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