McDermott International, Inc. (MDR) - Financial and Strategic SWOT
Analysis Review
Reference Code: GDGE1115FSA Publication Date: SEP 2012
757 N. Eldridge Pkwy Phone +1 281 8705000 Revenue 3,445.1 (million USD)
Houston, TX Fax Net Profit 138.73 (million USD)
77079 Website www.mcdermott.com Employees 13,500
MDR [New York Stock
United States Exchange Industry Oil & Gas
Exchange]
Company Overview
McDermott International, Inc. (MII) is an engineering and construction company with specialty manufacturing and service
capabilities. It classifies its business into three reportable segments, namely, Asia Pacific, Atlantic, Caspian and the Middle East.
The company provides a wide range of products and services to its customers in the energy sector. It operates in more than 20
countries across worldwide with a diversified fleet of marine vessels, fabrication facilities and engineering offices.
Key Executives SWOT Analysis
Name Title McDermott International, Inc., SWOT Analysis
Stephen M. Johnson Chairman Strengths Weaknesses
John F. Bookout, III Director
High Dependency on Few
Roger A. Brown Director Global Presence
Customer
D. Bradley McWilliams Director Technology Focused Initiatives
Decline in Bottom Line
Thomas C. Schievelbein Director
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData Opportunities Threats
Share Data Improving E&P Investments Intense Competition
McDermott International, Inc.
Contract Development Stringent Regulations
Share Price (USD) as on 17-Sep- 12.97
2012
Source: Annual Report, Company Website, Primary and Secondary Research,
EPS (USD) 0.64 GlobalData
Market Cap (million USD) 3,141
Enterprise Value (million USD) 2,669
Shares Outstanding (million) 236
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Financial Performance Recent Developments
Aug 06, 2012 McDermott Reports Revenue Of $889.2m In
Q2 2012
Aug 06, 2012 McDermott Wins Contract From Williams
Partners For Spar Hull Installation In Gulf Of
Mexico
Jul 30, 2012 McDermott Wins Contract From Discovery
System For Offshore Facilities In Gulf Of
Mexico
Jul 16, 2012 Aker Solutions Wins NOK440m Contract From
Source: Annual Report, Company Website, Primary and Secondary
McDermott For Ichthys LNG Project In
Research, GlobalData Australia
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
McDermott International, Inc. (MDR) - Financial and Strategic Reference Code: GDGE1115FSA
SWOT Analysis Review
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 4
List of Figures ................................................................................................................................................................................. 4
Section 1 - About the Company.......................................................................................................................................................... 5
McDermott International, Inc. - Key Facts .......................................................................................................................................... 5
McDermott International, Inc. - Key Employees ................................................................................................................................. 6
McDermott International, Inc. - Key Employee Biographies ............................................................................................................... 7
McDermott International, Inc. - Major Products and Services............................................................................................................. 9
McDermott International, Inc. - History ............................................................................................................................................. 10
McDermott International, Inc. - Company Statement........................................................................................................................ 13
McDermott International, Inc. - Locations And Subsidiaries ............................................................................................................. 15
Head Office ................................................................................................................................................................................... 15
Other Locations & Subsidiaries ..................................................................................................................................................... 15
Joint Venture................................................................................................................................................................................. 16
Section 2 – Company Analysis ......................................................................................................................................................... 17
McDermott International, Inc. - Business Description ....................................................................................................................... 17
Business Description - Asia Pacific Segment ............................................................................................................................... 17
Asia Pacific Segment - Overview .............................................................................................................................................. 17
Asia Pacific Segment - Financials ............................................................................................................................................. 17
Asia Pacific Segment - Capital Expenditure .............................................................................................................................. 17
Business Description - Atlantic Segment ...................................................................................................................................... 17
Atlantic Segment - Overview ..................................................................................................................................................... 17
Atlantic Segment - Financials .................................................................................................................................................... 18
Atlantic Segment - Capital Expenditure ..................................................................................................................................... 18
Business Description - Middle Ease Segment .............................................................................................................................. 18
Middle Ease Segment - Overview ............................................................................................................................................. 18
Middle Ease Segment - Financials ............................................................................................................................................ 18
Middle Ease Segment - Capital Expenditure ............................................................................................................................. 18
McDermott International, Inc. - Corporate Strategy .......................................................................................................................... 19
McDermott International, Inc. - SWOT Analysis ............................................................................................................................... 20
SWOT Analysis - Overview........................................................................................................................................................... 20
McDermott International, Inc. - Strengths ..................................................................................................................................... 20
Strength - Global Presence ....................................................................................................................................................... 20
Strength - Technology Focused Initiatives ................................................................................................................................ 20
Strength - Versatile Fleet........................................................................................................................................................... 20
McDermott International, Inc. - Weaknesses ................................................................................................................................ 20
Weakness - High Dependency on Few Customer..................................................................................................................... 20
Weakness - Decline in Bottom Line .......................................................................................................................................... 21
McDermott International, Inc. - Opportunities ............................................................................................................................... 21
Opportunity - Improving E&P Investments ................................................................................................................................ 21
Opportunity - Contract Development ......................................................................................................................................... 21
McDermott International, Inc. - Threats......................................................................................................................................... 22
Threat - Intense Competition ..................................................................................................................................................... 22
Threat - Stringent Regulations .................................................................................................................................................. 22
Threat - Fluctuating Oil Markets ................................................................................................................................................ 22
McDermott International, Inc. (MDR) - Financial and Strategic Reference Code: GDGE1115FSA
SWOT Analysis Review
Source : www.globalcompanyintelligence.com Page 2
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
McDermott International, Inc. - Key Competitors .............................................................................................................................. 23
Section 3 – Company Financial Ratios ............................................................................................................................................. 24
Financial Ratios - Capital Market Ratios........................................................................................................................................... 24
Financial Ratios - Annual Ratios ...................................................................................................................................................... 24
Performance Chart ........................................................................................................................................................................... 26
Financial Performance...........................................