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Penny Stock DD

Company Background

McDermott International (NYSE:MDR) was incorporated in 1923 and is engaged in engineering, procurement, construction and installation services around the globe. Based in Houston, Texas, the company specializes in designing and executing of complex offshore oil and gas projects. The company is also involved in fabrication and installation of fixed and floating structures and bottom founded production platforms, installation of pipelines and subsea systems, provision of engineering and procurement and project management and procurement services. The company cater the needs the of state owned oil and gas companies in the Asia Pacific, the Atlantic and the Middle East.

Industry Analysis

McDermott International (NYSE:MDR) is ranked 7th among 39 heavy construction companies by revenue growth. The company maintains the revenue growth rate of 35.50 percent as compared to highest revenue growth rate of 73.20 percent in its industry. The company is ranked 8th among its industry peers by return on equity of 13.90 percent.

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Regards,

Don

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