1、2017Annual ReportWe Know2CELEBRATINGFIVE YEARSIPOIn April of 2012,MRC Global became a publicly traded company listed on the New York Stock Exchange.Many milestones have marked the years since then,and 2017 was no exception.We are proud to present our latest annual report.1We KnowAt MRC Global,we kno
2、w pipe,valves and fittings(PVF)like no other company.From our earliest days,PVF has been our companys focus.Our unwavering dedication to serving customers in this family of products has fueled our reputation as an industry leader and has made us the largest global distributor of PVF and related offe
3、rings across the energy sector.We hold this leading position in upstream,midstream and downstream,and were proud that every year our expertise continues to earn the confidence of customers around the world.2While our product offering encompasses thousands of pipe,valve and fitting SKUs,what we reall
4、y provide are supply chain solutions.We have strategically built our expertise,inventory and distribution network to help our customers solve challenges and accomplish their goals anywhere in the world.SOLUTIONS3Organic GrowthOperationalOptimizationStrategicCapitalDecisionsGlobal M&APlatformExpandSt
5、rong record of winning new customers and expanding existing relationships resulting in growthFlexibilityActive balance sheet management and robust cash flow create financial flexibility and capital allocation opportunitiesOptimizeDriving enhanced profitability and return on capital through operation
6、al efficiencies,disciplined cost management and product portfolio optimizationAcquireSolid history of strategic acquisitions in advantageous geographies,sectors and product linesWe KnowOUR DIFFERENTIATED VALUE PROPOSITIONMRC Global takes a disciplined approach to its business on multiple fronts.Our