McDermott International, Inc. (MDR) - Financial and Strategic SWOT Analysis Review

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					             McDermott International, Inc. (MDR) - Financial and Strategic SWOT
                                      Analysis Review
        Reference Code: GDGE1115FSA                                                                                           Publication Date: MAR 2013

          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, procurement, construction and installation (EPCI) company. The company
       caters to the offshore oil and gas projects. It provides fully integrated EPCI service for upstream field developments. The
       company delivers fixed and floating production facilities, pipelines and sub-sea systems right from the concept to commissioning.
       MII classifies its business operations into three reportable segments, namely, Asia Pacific, Atlantic, Caspian and the Middle East.
       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
                                                                                      Global Operations                      Customer Dependency
         Roger A. Brown                      Director
                                                                                      Strong Order Backlogs
         D. Bradley McWilliams               Director
         Thomas C. Schievelbein              Director
        Source: Annual Report, Company Website, Primary and Secondary
                                                                                      Opportunities                          Threats
        Research, GlobalData
                                                                                      New Contracts                          Intense Competition
       Share Data
                                                                                      Prospects in Norwegian                 Stringent Regulations
         McDermott International, Inc.
                                                                                      Continental Shelf
        Share Price (USD) as on 08-Mar-                                10.88
        2013
                                                                                     Source: Annual Report, Company Website, Primary and Secondary Research,
        EPS (USD)                                                        0.64        GlobalData
        Market Cap (million USD)                                       2,566
        Enterprise Value (million USD)                                 2,101
        Shares Outstanding (million)                                     236
       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData

       Financial Performance                                                         Recent Developments
                                                                                      Feb 28, 2013         McDermott Reports Revenue Of US$ 3.6
                                                                                                           billion In 2012
                                                                                      Feb 04, 2013         McDermott Wins Platforms And Infield Flowline
                                                                                                           Contract From PC Muriah In Indonesia
                                                                                      Jan 14, 2013         McDermott Wins Contract From Pemex E&P
                                                                                                           For EPCI And Commissioning Of PB-Litoral-A
                                                                                                           Production Platform In Mexico
                                                                                      Jan 11, 2013         McDermott And Allseas Win FEED Contract
                                                                                                           From Anadarko Petroleum For Subsea
       Source: Annual Report, Company Website, Primary and Secondary
                                                                                                           Installation Project Offshore Mozambique
       Research, GlobalData                                                          Source: Annual Report, Company Website, Primary and Secondary Research,
                                                                                     GlobalData




McDermott International, Inc. (MDR) - Financial and Strategic                                                                   Reference Code: GDGE1115FSA
SWOT Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                                     Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       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 ............................................................................................................. 16
          Head Office ................................................................................................................................................................................... 16
          Other Locations & Subsidiaries ..................................................................................................................................................... 16
          Joint Venture................................................................................................................................................................................. 17
       Section 2 – Company Analysis ......................................................................................................................................................... 18
       McDermott International, Inc. - Business Description ....................................................................................................................... 18
          Business Description - Asia Pacific Segment ............................................................................................................................... 18
             Asia Pacific Segment - Overview .............................................................................................................................................. 18
             Asia Pacific Segment - Financials ............................................................................................................................................. 19
             Asia Pacific Segment - Capital Expenditure .............................................................................................................................. 19
          Business Description - Atlantic Segment ...................................................................................................................................... 19
             Atlantic Segment - Overview ..................................................................................................................................................... 19
             Atlantic Segment - Financials .................................................................................................................................................... 19
             Atlantic Segment - Capital Expenditure ..................................................................................................................................... 19
          Business Description - Middle Ease Segment .............................................................................................................................. 19
             Middle Ease Segment - Overview ............................................................................................................................................. 19
             Middle Ease Segment - Financials ............................................................................................................................................ 20
             Middle Ease Segment - Capital Expenditure ............................................................................................................................. 20
       McDermott International, Inc. - Corporate Strategy .......................................................................................................................... 21
       McDermott International, Inc. - SWOT Analysis ............................................................................................................................... 22
          SWOT Analysis - Overview........................................................................................................................................................... 22
          McDermott International, Inc. - Strengths ..................................................................................................................................... 22
             Strength - Global Operations..................................................................................................................................................... 22
             Strength - Strong Order Backlogs ............................................................................................................................................. 22
             Strength - Substantial Fleet Base .............................................................................................................................................. 22
          McDermott International, Inc. - Weaknesses ................................................................................................................................ 23
             Weakness - Customer Dependency .......................................................................................................................................... 23
          McDermott International, Inc. - Opportunities ............................................................................................................................... 23
             Opportunity - New Contracts ..................................................................................................................................................... 23
             Opportunity - Prospects in Norwegian Continental Shelf........................................................................................................... 23
             Opportunity - Improving E&P Investments ................................................................................................................................ 23
          McDermott International, Inc. - Threats......................................................................................................................................... 24
             Threat - Intense Competition ..................................................................................................................................................... 24
             Threat - Stringent Regulations .................................................................................................................................................. 24
             Threat - Volatility in Oil & Natural Gas Prices ............................................................................................................................ 24


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 .............................................................................................................................. 26
       Section 3 – Company Financial Ratios ............................................................................................................................................. 27
       Financial Ratios - Capital Market Ratios........................................................................................................................................... 27
       Financial Ratios - Annual Ratios ...................................................................................................................................................... 27
       Performance Chart ........................................................................................................................................................................... 29
       Financial Performance...................................................................................................................................................................... 29
       Financial Ratios - Interim Ratios....................................................................................................................................................... 30
       Financial Ratios - Ratio Charts ......................................................................................................................................................... 31
       S
				
DOCUMENT INFO
Description: McDermott International, Inc. (MII) is an engineering, procurement, construction and installation (EPCI) company. The company caters to the offshore oil and gas projects. It provides fully integrated EPCI service for upstream field developments. The company delivers fixed and floating production facilities, pipelines and sub-sea systems right from the concept to commissioning. MII classifies its business operations into three reportable segments, namely, Asia Pacific, Atlantic, Caspian and the Middle East. It operates in more than 20 countries across worldwide with a diversified fleet of marine vessels, fabrication facilities and engineering offices.
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PARTNER GlobalData
GlobalData is an industry analysis specialist, providing business information products and services. GlobalData’s highly qualified team of analysts, researchers, and solution consultants use proprietary data sources, tools and techniques to gather, analyze and represent the latest and the most reliable information essential for a business to sustain a competitive edge. GlobalData is a UK-based company with presence across North America, Europe and Asia Pacific and has a broad product offering that ranges from interactive databases, reports and custom solutions. It is a comprehensive source of insights and analysis with coverage across the oil & gas, power, alternative energy, nuclear power, petrochemicals, medical equipment and healthcare industries. GlobalData has a broad range of coverage over key market segments. It has a global scope, covering a wide range of countries constituting more than 90% of global revenues in each of the industries it covers. With a large dedicated research and analysis capability, GlobalData employs rigorous primary and secondary research techniques in developing unique data sets and research materials. Its status as an independent research company allows Analysts to conduct trade interviews with key industry players. Access to unique databases of in-house market information further strengthens research and analysis capabilities. Materials are reviewed shaped by an expert panel of leading industry figures and representatives from key players in the relevant industries. Sectors and Geographies Covered GlobalData has a broad range of coverage over key market segments. It has a global scope, covering a wide range of countries constituting more than 90% of global revenues in each of the industries it covers. Research Methodology With a large dedicated research and analysis capability, GlobalData employs rigorous primary and secondary research techniques in developing unique data sets and research materials. Its status as an independent research company allows Analysts to conduct trade interviews with key industry players. Access to unique databases of in-house market information further strengthens research and analysis capabilities. Materials are reviewed shaped by an expert panel of leading industry figures and representatives from key players in the relevant industries.