---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-033346"
form_type: "8-K"
ticker: null
cik: "0001439095"
company_name: "MRC GLOBAL INC."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:17:20.370862+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MRC Global Q3 net income $23M ($0.27 EPS); raises FY cash flow guidance to $220M+; repurchases preferred shares

## Summary
- Q3 sales $797M (-10% YoY); net income $23M ($0.27 diluted); adjusted net income $19M ($0.22 diluted).
- Operating cash flow $96M in Q3, $197M YTD; full-year guidance raised to $220M+ (from $200M).
- Repurchased all 6.5% convertible perpetual preferred stock for $361M plus accrued $4M; funded by new $350M TLB.
- Chairman Robert L. Wood retired; Deborah G. Adams elected as new Board Chair, effective immediately.

## SEC filing metadata
- accession: 0001437749-24-033346
- form_type: 8-K
- cik: 0001439095
- company_name: MRC GLOBAL INC.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1439095/000143774924033346/0001437749-24-033346-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1439095/000143774924033346/mrc20240813c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-033346
- JSON: https://secwatch.observer/filing/0001437749-24-033346.json
- Plain text: https://secwatch.observer/filing/0001437749-24-033346.txt

## Key facts
- Executive change
  Robert L. Wood retired as Chairman of the Board at MRC GLOBAL INC..
  - Action: retired
  - Role: Chairman of the Board
  source text: On November 4, 2024, Mr. Wood notified the Board that he was retiring, effective immediately for personal reasons
  evidence_url: https://www.sec.gov/Archives/edgar/data/1439095/000143774924033346/0001437749-24-033346-index.htm
- Executive change
  Deborah G. Adams was elected as Chairman of the Board at MRC GLOBAL INC..
  - Action: elected
  - Role: Chairman of the Board
  source text: On November 3, 2024, the Board elected director Deborah G. Adams as the new Chairman of the Board, effective upon Mr. Wood's retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1439095/000143774924033346/0001437749-24-033346-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.