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Edgen Group (EDG)

EDG is defunct.
  • Aug. 9, 2013, 6:56 AM
    • Edgen Group (EDG): Q2 EPS of -$0.06 misses by $0.10.
    • Revenue of $431.6M beats by $15.85M. (PR)
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  • May. 13, 2013, 12:34 PM
    Edgen Group (EDG -3.2%) sets new 52-week lows today on a big Q1 earnings miss. Net sales declined 24% Y/Y, as the steel-products manufacturer's energy-and-infrastructure business was hit hard by steel-pricing and delays in contract awards and customer-purchasing decisions. Sales in its oil-tubular goods segment also decreased 10% over the same period due largely to lower rig counts. In light of the weak environment, the company is suspending its 2013 guidance - which doesn't bode well for a company just went public a year ago.
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  • May. 13, 2013, 7:15 AM
    Edgen Group (EDG): Q1 EPS of -$0.16 misses by $0.24. Revenue of $406.1M misses by $63.7M. (PR)
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  • Mar. 14, 2013, 6:01 PM
    Edgen Group (EDG): Q4 EPS of $0.22 misses by $0.06. Revenue of $522.1M beats by $2.5M. (PR)
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Company Description
Edgen Group Inc is a global distributor of specialty products to energy sector, including steel pipe, valves, quenched & tempered & high yield heavy plate, and related components. It has two segments: Energy & Infrastructure and Oil Country Tubular Goods.