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MRC Global Exhibits Strong Prospects Amid Persisting Headwinds
MRC MRC (US:MRC) ZACKS·2025-06-26 22:56

Key Takeaways MRC saw a 3% revenue rise in gas utilities, fueled by housing growth and lower energy price exposure. Increased MRO activity and data center demand are expected to support MRC's revenue growth in 2025. MRC returned 388Mtoshareholdersin2024andaimstobuyback388M to shareholders in 2024 and aims to buy back 125M more under a new program through 2028.MRC Global Inc. (MRC) is benefiting from solid momentum across the gas utility sector, driven by new home construction in some U.S. states and lower exposure to energy price volatility. ...