Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
McDermott International, Inc.
Type
Public
Traded as
  • NYSE: MDR
  • S&P 400 component
Founded 1923 (1923)
Founder Ralph Thomas McDermott
Headquarters Houston, Texas, United States
Key people
David Dickson (CEO)
Services Oil and gas
Website mcdermott.com

McDermott International (formerly J. Ray McDermott) (NYSE: MDR) is an American multinational engineering, procurement, construction and installation company with operations in the Americas, Middle East, the Caspian Sea and the Pacific Rim. It is incorporated in Panama and headquartered in Houston, Texas, United States.

1923: Ralph Thomas McDermott established J. Ray McDermott & Company Incorporated at the age of 24 upon receipt of a contract to build 50 wooden drilling rigs for a wildcatter in Luling, Texas. Knowing he could benefit from his father's long-time experience in the lumber and oilfield construction businesses, Ralph made John Raymond McDermott a partner and the company’s namesake.

1930: Expanded the business from its original headquarters in Eastland, Texas, to Luling, Texas, after a boom in oil exploration in the area.

1932: Moved the company to Houston, Texas, with the continuing oil boom. Provided different services to the oil industry through three McDermott family-owned businesses: J. Ray McDermott & Co., Elmax Construction, and Stall & McDermott.

1937: Hired the company’s first construction crew, a team of six. Opened a New Orleans, Louisiana, office.

1938: Introduced the first use of floating drilling equipment in low-lying marshlands of Texas and Louisiana.

1939: Purchased J.G. McMullen Dredging Company and established it as the Olsen Dredging Company.

1946: Reorganized the multiple McDermott family business operations into one: J. Ray McDermott & Co., Inc. of Delaware.

1947: Designed and installed the first fixed platform made of steel out-of-sight-of-land, in 20 feet of water in the Gulf of Mexico for Superior Oil. Established a contracting division, which was the major operating segment during the early years.

1948: Acquired assets of Harry F. Allsman Company, McDermott’s joint venture partner for several contracting jobs in the Gulf of Mexico, which provided equipment to meet the new demand for offshore construction.

1949: Commissioned construction of the first vessel designed specifically for offshore work (Derrick Barge 4). The company’s Oil Division was organized.

In 2010, McDermott International share-holders agreed to spin-off the U.S.-based government contracting services company Babcock & Wilcox and its related other domestic companies. The oil & gas services company, J. Ray McDermott, discontinued use of the J. Ray McDermott brand; and continued its oil & gas services contracting under the name McDermott International. The company is led by Chairman, President and CEO David Dickson.

Investment goal date:
Dividends reinvested
McDermott International, Inc. MDR report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-05-03
--
--
Q4 2017
2018-02-22
--
--
Q4 2017
2018-02-19
--
--
Q3 2017
2017-11-01
0.3300
0.0000
Q2 2017
2017-07-25
0.1300
0.1300
Q1 2017
2017-04-25
0.0800
0.0800
Q4 2016
2017-02-21
0.0200
0.0000
Q3 2016
2016-10-25
0.0900
0.0600
Q2 2016
2016-07-26
0.0800
0.0700
Q1 2016
2016-05-05
0.1300
-0.0100
Q4 2015
2016-02-22
0.0600
-0.0800
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
ACADIAN ASSET MANAGEMENT LLC
7579874
BlackRock Fund Advisors
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BlackRock Institutional Trust Company, N.A.
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DIMENSIONAL FUND ADVISORS LP
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Fairpointe Capital LLC
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HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
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LSV ASSET MANAGEMENT
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Major Shareholders
Name Relationship
Total Shares
Holding stocks
SCHUMANN WILLIAM H
0.0500% (128312)
ACO / AVT / MDR / TSO / URS /
MCWILLIAMS D BRADLEY
0.0400% (103893)
BWC / MDR /
TRICE DAVID A
0.0600% (149619)
MDR / NJR / QEP /
HANKS STEPHEN G
0.0500% (130074)
BWC / LECO / MDR /
JOHNSON STEPHEN MARCUM
0.2300% (542210)
MDR /
SCHIEVELBEIN THOMAS C
0.0200% (41691)
BCO / HII / MDR /
BROWN ROGER A
0.0600% (140189)
MDR / UPL /
Hinrichs Liane K
0.1600% (370549)
MDR /
Elders Perry L
0.0200% (51221)
MDR /
Luquette Gary
0.0400% (98015)
FI / MDR / SWN /
Bookout John F III
0.1500% (347455)
MDR /
Carlson Gary Lee
0.0200% (40187)
MDR /
Cummins Scott V
0.0600% (135838)
MDR /
McCormack John T
0.0200% (40795)
MDR /
Roll Steven W
0.0400% (87881)
CAM / MDR /
Mitchell Stewart A
0.0100% (32061)
MDR /
Shafer-Malicki Mary
0.0500% (120244)
MDR / QEP /
Dickson David
0.3900% (924327)
MDR /
Duncan Tony
0.0300% (60064)
MDR /
Cuthbertson Hugh
0.0400% (94643)
MDR /
Allen Stephen L
0.0200% (43089)
MDR /
Munro Scott
0.0300% (77727)
MDR /
Mackie Thomas
0.0100% (26483)
MDR /
Spence Stuart
0.1100% (252520)
MDR /
Janzen Kelly
0.0100% (19646)
BHI / MDR /
McLaughlin Brian
0.0200% (48633)
MDR /
Kennefick Jonathan
0.0300% (75178)
MDR /
Austin Linh
0.0300% (61077)
MDR /
Kaeser Erich
0.0200% (38693)
MDR /
% ()