McDermott International will file for Chapter 11 bankruptcy Tuesday, the struggling Houston oilfield service company confirmed.
In a statement released early Tuesday morning, McDermott said it would will file a prepackaged restructuring plan at the U.S. Bankruptcy Court …
Rumors that Houston oilfield service company McDermott International is engaged in bankruptcy talks with lenders sent the company’s stock price plummeting by as much as two-thirds of its value after the close of market on Monday.
In a …
Stock prices for Houston oilfield service company McDermott International have remained stuck below $1 per share for more than week.
Traded on the New York Stock Exchange under the stock ticker symbol MDR, McDermott slid below $1 per …
Houston oilfield service company McDermott International posted another steep loss during the third quarter amid falling stock prices and cost overruns on multiple projects, including two liquefied natural gas plants near the Bayou City.
In a Monday afternoon filing with …
Roughly a month after its stock plummeted in value by 75 percent, Houston oil field service company McDermott International has landed $1.7 billion in new capital.
In a Monday morning filing with the U.S. Securities and Exchange, McDermott …
McDermott International, Inc. (NYSE: MDR) announced today that Samik Mukherjee has been appointed to serve as the company’s new Executive Vice President and Chief Operating Officer (COO), effective July 3, 2018.
Samik Mukherjee, Executive Vice President and Chief Operating Officer, …
