Henry Cornell - MRC Global Independent Director

MRC Stock  USD 11.51  0.08  0.70%   

Director

Mr. Henry L. Cornell is Director of the Company. He is the founder and senior partner of Cornell Capital LLC, a private investment firm formed in 2013 and previously served as a director of the Company from 2007 until he resigned from the board in 2015. From 1984 until May 2013, Mr. Cornell was employed by Goldman, Sachs Co., where he was the vicechairman of Goldman Sachs Merchant Banking Division, which included all of the firms corporate, real estate and infrastructure investment activities, and was a member of all of the global Merchant Banking Investment Committees. Mr. Cornell earned a bachelor of arts from Grinnell College in 1976 and a juris doctorate from New York Law School in 1981. He is a member of the board of directors of Cypress Energy Partners GP, LLC. Mr. Cornell brings extensive experience in financial matters relating to both public and private companies. He also has extensive prior experience serving on boards of directors of other significant companies including multinational companies in the energy industry which has provided him with relevant experience in a variety of industries and on a variety of corporate governance matters. since 2018.
Age 64
Tenure 6 years
Address 1301 McKinney Street, Houston, TX, United States, 77010
Phone877 294 7574
Webhttps://www.mrcglobal.com
Cornell earned a bachelor of arts from Grinnell College in 1976 and a juris doctorate from New York Law School in 1981. He is a member of the board of directors of Cypress Energy Partners GP, LLC.

MRC Global Management Efficiency

The company has Return on Asset of 0.0618 % which means that on every $100 spent on assets, it made $0.0618 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1439 %, implying that it generated $0.1439 on every 100 dollars invested. MRC Global's management efficiency ratios could be used to measure how well MRC Global manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.08. The current year's Return On Capital Employed is expected to grow to 0.18. At present, MRC Global's Other Assets are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 938.6 M, whereas Other Current Assets are forecasted to decline to about 26.5 M.
The company has 521 M in debt with debt to equity (D/E) ratio of 0.77, which is OK given its current industry classification. MRC Global has a current ratio of 1.87, which is typical for the industry and considered as normal. Debt can assist MRC Global until it has trouble settling it off, either with new capital or with free cash flow. So, MRC Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MRC Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MRC to invest in growth at high rates of return. When we think about MRC Global's use of debt, we should always consider it together with cash and equity.

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MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets in the United States, Canada, and internationally. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas. Mrc Global operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 2700 people. MRC Global (MRC) is traded on New York Stock Exchange in USA. It is located in 1301 McKinney Street, Houston, TX, United States, 77010 and employs 2,800 people. MRC Global is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

MRC Global Leadership Team

Elected by the shareholders, the MRC Global's board of directors comprises two types of representatives: MRC Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MRC. The board's role is to monitor MRC Global's management team and ensure that shareholders' interests are well served. MRC Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MRC Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Perkins, Independent Director
George Damiris, Independent Director
Robert Stein, Senior Vice President - Business Development
Malcolm Oneal, Senior Vice President of Human Resources
James Dionisio, Senior Vice President-energy tubular products
Rance Long, Senior Vice President - Business Development
Shweta KurveyMishra, Senior Officer
James Braun, Chief Financial Officer, Executive Vice President
Elton Bond, Senior Vice President, Chief Accounting Officer
Robert Wood, Independent Director
Jack McCarthy, Senior Vice President - Supply Chain
Andrew Lane, President, Chief Executive Officer, Director
G Moss, Senior Vice President - Operations, West US & Canada operations
Todd Moss, Senior Vice President - Operations, West US & Canada
Gillian Anderson, Chief Accounting Officer, Vice President
Deborah Adams, Independent Director
Daniel Churay, Executive Vice President - Corporate Affairs, Chief Human Resources Officer, General Counsel, Corporate Secretary
Leonard Anthony, Independent Director
Emily Shields, Senior Counsel
H Wehrle, Director
Barbara Duganier, Independent Director
Robert Saltiel, President, Chief Executive Officer, Director
Steve Smith, Senior Vice President - International
Kelly Youngblood, Chief Financial Officer, Executive Vice President
Craig Ketchum, Director
Monica Broughton, IR Contact Officer
Daniel JD, General Affairs
Rory Isaac, Sr. VP of Bus. Devel.
Rhys Best, Independent Non-Executive Chairman of the Board
Peter Boylan, Independent Director
Cornelis Linse, Independent Director
Ronald Jadin, Independent Director
Grant Bates, Senior Vice President - International and Canada, and operational excellence
Steinar Aasland, Senior Vice President - Europe Region
Scott Hutchinson, Executive Vice President Canada
Gerard Krans, Independent Director
John Bowhay, Senior Vice President - International Operations and Global Valves, Automation, Measurement and Instrumentation
Henry Cornell, Independent Director
Tod Moss, Senior Vice President - Operations, West US & Canada
Bernard Wehrle, Director
Karl Witt, Senior Vice President, U.S. Eastern Region and Gulf Coast operations

MRC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MRC Global a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MRC Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MRC Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mrc Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mrc Global Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running MRC Global's price analysis, check to measure MRC Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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Is MRC Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MRC Global. If investors know MRC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MRC Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Earnings Share
1.05
Revenue Per Share
40.523
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0618
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MRC Global's market value can be influenced by many factors that don't directly affect MRC Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.