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MRC Global Gets PVF Deal From ExxonMobil in North America
MRC Global Inc. (NYSE: MRC) recently announced that its subsidiary, MRC Global (US) Inc., has secured a contract from ExxonMobil Corporation (NYSE: XOM). Per the deal, MRC Global to serve as the primary supplier of pipe, valves and fitting (PVF) products and services to ExxonMobil in North America.
MRC Global's shares declined 2.1% yesterday, ending the trading session at $12.46.
Based in Spring, TX, ExxonMobil is a leading explorer and producer of crude oil and natural gas in the United States and globally. The company operates its businesses under the four segments, which are Upstream, Energy Products, Chemical Products and Specialty Products.
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Per the deal, MRC will provide PVF products and related ...