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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| MRC Global Inc | NYSE:MRC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.30 | 2.70% | 11.43 | 11.49 | 11.22 | 11.34 | 379,092 | 21:00:02 |
From May 2019 to May 2024
HOUSTON, Feb. 26, 2015 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that McJunkin Red Man Corporation, MRC Global's U.S. operating company, has executed a five-year extension to its current supply agreement with Marathon Oil Company. The agreement, which has been in place since 2009, provides for the supply of maintenance, repair and operations (MRO) materials, line pipe, OCTG and MRO/project services in the Eagle Ford and Bakken Shales, the Rocky Mountain region and the Gulf of Mexico. This agreement extension continues a long-standing relationship between the two companies that dates back more than 25 years. Marathon Oil is a leading Houston-based global exploration and production company with operations in North America, Europe and Africa.
"We are proud that Marathon Oil has once again chosen MRC Global to provide MRO and project services in the United States," Andrew Lane, MRC Global Chairman, President & CEO said. "Our established relationship and shared performance culture make us a key supplier supporting Marathon Oil's substantial operations. In 2014, Marathon Oil was our third largest customer. We look forward to building upon this long and successful relationship as we continue to help Marathon Oil meet the challenges of today's global supply chain."
About MRC Global Inc.
Headquartered in Houston, Texas, MRC Global, a Fortune 500 company, is the largest global distributor, based on sales, of pipe, valves, and fittings (PVF) and related products and services to the energy industry and supplies these products and services across each of the upstream, midstream and downstream sectors. More information about MRC Global can be found at www.mrcglobal.com.
Contact:
Monica Broughton
Investor Relations
MRC Global Inc.
Monica.Broughton@mrcglobal.com
832-308-2847
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mcjunkin-red-man-corporation-signs-supply-contract-extension-with-marathon-oil-300042378.html
SOURCE MRC Global Inc.
Copyright 2015 PR Newswire
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