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Added to YB: 2026-02-10

Pitch date: 2026-02-03

MCDIF [bullish]

Mcdermott International Ltd.

-1.98%

current return

Author Info

Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.

Company Info

McDermott International Ltd. provides engineering and construction solutions to the energy industry worldwide.

Show full summary:
Alluvial Fund New Position: Mcdermott International Ltd.

MCDIF (new position): Post-bankruptcy energy engineering co targeting 2025 adj EBITDA >$400M (+70% vs 2024). Secured billions in new Middle East contracts, expanding into LNG & green fuels. Plans 2026 debt refinance, SEC reporting resumption, major exchange listing. Upside to $60+ vs mid-$20s if trajectory holds.

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