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HOUSTON , Dec. 9, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) along with its partners, Chiyoda International Corporation and Zachry Group, today announced the beginning of commercial operation of Train 1 by owner Freeport LNG Development, L.P. "The past few mont...
HOUSTON , Dec. 9, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR), today announced that the Federation of Indian Petroleum Industry recently named McDermott the Engineering, Procurement, Construction (EPC) Company of the Year at an awards ceremony held in New Delhi, I...
HOUSTON , Dec. 6, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) with its partners, Chiyoda International Corporation and Zachry Group, today announced that Train 2 of the Freeport LNG project on Quintana Island in Freeport, Texas , has begun producing liquefied natural...
Introduction This forensic value analysis began with a check of four different algorithm scores of Tesla, Inc. ( TSLA ) at the request of members of my service back in October 2018. The question they asked at the time was, "what risk does Tesla, Inc. pose as an investment?" In an ad hoc quer...
Note: I have covered McDermott International ( MDR ) previously, so investors should view this as an update to my earlier articles on the company. Shares of ailing oil-and-gas engineering and construction company McDermott International rallied on Monday after lenders agreed ...
McDermott ( MDR +8.5% ) says it has been granted access to $350M in financing and reached a forbearance agreement with some of its creditors. More news on: McDermott International, Inc., Energy stocks news, Stocks on the move, Read more ...
HOUSTON , Dec. 2, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE:MDR) ("McDermott" or the "Company") announced today that it has been granted access to the second tranche ("Tranche B") of the $1.7 billion superpriority senior secured credit facility (the "Agreement") anno...
HOUSTON , Dec. 2, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan , today announced that Train 2 of the Cameron project, located in Ha...
These Penny Stocks Have Seen Big Momentum During November; Are They Buys? Penny stocks are among the most attractive class of stocks for investors who like risk. These stocks generally trade below $5. Why is that important? Based on the definition of penny stocks , this low price makes it p...
McDermott ( MDR +33.9% ) says its newly awarded contract for work on a petrochemical project in Russia, announced earlier this week , is in full compliance with the law and does not breach international sanctions against the country. More news on: McDermott International, Inc., Energy...
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NEW YORK , Jan. 21, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) will replace Tanger Factory Outlet Centers, Inc. (NYSE:SKT) in the S&P MidCap 400 and Tanger Factory Outlet Centers will replace McDermott International, Inc. (NYSE:MDR) in the S&P SmallCap 600 effective prior...
HOUSTON , Jan. 21, 2020 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) ("McDermott") today announced that it has the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the Company's funded debt, elimina...
HOUSTON , Jan. 17, 2020 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) with its partners, Chiyoda International Corporation and Zachry Group, today announced the beginning of commercial operation of Train 2 of the Freeport LNG project, owned by Freeport LNG Development, L.P. ...