Grant Bates - MRC Global President
MRC Stock | USD 14.05 0.01 0.07% |
President
Mr. Grant Bates is Senior Vice President Operational Excellence of the Company. He is responsible for our global quality, safety, health and environment and our transportation, warehouse operations, business processes and customer implementation teams. He previously led our information systems and operational excellence functions since April 2016. Mr. Bates previously led our Canada region since March 2014 and served as regional vice president of the Australasian region since March 2012 since 2021.
Age | 52 |
Tenure | 3 years |
Professional Marks | MBA |
Address | 1301 McKinney Street, Houston, TX, United States, 77010 |
Phone | 877 294 7574 |
Web | https://www.mrcglobal.com |
Grant Bates Latest Insider Activity
Tracking and analyzing the buying and selling activities of Grant Bates against MRC Global stock is an integral part of due diligence when investing in MRC Global. Grant Bates insider activity provides valuable insight into whether MRC Global is net buyers or sellers over its current business cycle. Note, MRC Global insiders must abide by specific rules, including filing SEC forms every time they buy or sell MRC Global'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Grant Bates over six months ago Disposition of 4698 shares by Grant Bates of MRC Global at 13.76 subject to Rule 16b-3 |
MRC Global Management Efficiency
The company has Return on Asset of 0.0505 % which means that on every $100 spent on assets, it made $0.0505 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1145 %, implying that it generated $0.1145 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.Similar Executives
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Management Performance
Return On Equity | 0.11 | ||||
Return On Asset | 0.0505 |
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 | ||
Rance Long, Senior Vice President - Business Development | ||
Shweta KurveyMishra, Senior Officer | ||
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 | ||
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 | ||
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 | ||
Kelly CPA, Executive CFO | ||
Monica Broughton, IR Contact Officer | ||
Daniel JD, General Affairs | ||
Rhys Best, Independent Non-Executive Chairman of the Board | ||
Cornelis Linse, Independent Director | ||
Ronald Jadin, Independent Director | ||
Grant Bates, Senior Vice President - International and Canada, and operational excellence | ||
John Bowhay, Senior Vice President - International Operations and Global Valves, Automation, Measurement and Instrumentation | ||
Henry Cornell, Independent 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.
Return On Equity | 0.11 | ||||
Return On Asset | 0.0505 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 1.78 B | ||||
Shares Outstanding | 85.24 M | ||||
Shares Owned By Insiders | 1.80 % | ||||
Shares Owned By Institutions | 97.40 % | ||||
Number Of Shares Shorted | 1.09 M | ||||
Price To Earning | 37.32 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 closely tied 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Trading Companies & Distributors space 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 (0.18) | Earnings Share 0.87 | Revenue Per Share 37.771 | Quarterly Revenue Growth (0.10) | Return On Assets 0.0505 |
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.