MRC Global recently released results for the first quarter of 2019.
The company's sales were $970 million for the first quarter, which was 4% lower than the fourth quarter of 2018, and 4% lower than the first quarter of 2018. The sequential decline was driven primarily by the international and Canadian segments, including the concluding of a project in Kazakhstan. As compared to the first quarter of 2018, the decrease was primarily due to non-recurring midstream project work.