MRC Global Inc. Sales Continue Rising, but It Breaks Even Once Again
The recovery in the oil and gas market continued taking hold in the second quarter despite a dip in crude prices. That rebound drove MRC Global's (NYSE: MRC) sales higher, though its earnings still couldn't get back into the black. Meanwhile, the pipe, valves, and fittings (PVF) distributor continued building its market share by signing a slew of new contracts, which positions it for stronger results going forward.
Metric
Q2 2017
Source: Fool.com
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