McDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. The Company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction
McDermott International Inc MDR Going to hit 31$ short term Reason Saudi Aramco, chevron Project Direct Maintenance deal going sign Soon, Heavy Bullish short term. Long term 121 $
McDermott International Inc (NYSE:MDR) Last one week we are seen good spike, Good move expect here after. Asian People investing the stock, they are buying every dip, US people ?
Today good spike expect on MDR, Reason Technically strong now, Next fast move expect today or monday 1st half, every dip buying side, Now UK investor investing the stock.