McDermott has been delisted from the NYSE, symbol MDR. It now trades Over-The-Counter, symbol MDRIQ. The transition appears to have occurred sometime in January, although I cannot find any press releases announcing this. Here are some figures (in milions of dollars) from their Annual Report, released in February.
- Net (loss) income $ (2,884)
- Total assets $8,737
- Total liabilities $10,590
- Total stockholders’ equity $(2,143)
- Total cash provided by (used in) financing activities $1,624
Houston Energy Industry News 