Over the last 5 years, insiders at McDermott International have traded over $85,320 worth of McDermott International stock. The most active insiders traders include David Dickson, Stuart Spence, and Forbes I J Alexander. On average, McDermott International executives and independent directors trade stock every 12 days with the average trade being worth of $3,478. The most recent stock trade was executed by Linh Austin on 4 June 2020, trading 20,000 units of MDRIQ stock currently worth $1,800.
McDermott International, Inc. provides engineering, procurement, construction and installation, and technology solutions to the energy industry worldwide. It operates through five segments: North, Central and South America; Europe, Africa, Russia and Caspian; the Middle East and North Africa; Asia Pacific; and Technology. It designs, engineers, and constructs upstream offshore oil and gas facilities, downstream oil and gas facilities and pipelines, gas-fired power plants, liquefied natural gas import and export terminals, atmospheric and refrigerated storage vessels and terminals, water storage and treatment facilities, hydrocarbon processing facilities, and refining and petrochemical facilities, as well as performs pipe and module fabrication. The company also provides gas processing, refining, petrochemical and coal gasification technologies, as well as supplies proprietary catalysts, equipment, and related engineering services. It serves national, integrated, and other oil and gas companies, as well as producers of petrochemicals and electric power. The company was founded in 1923 and is headquartered in Houston, Texas. On January 21, 2020, McDermott International, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
McDermott International executives and other stock owners filed with the SEC include: