Added to YB: 2026-08-12
Pitch date: 2026-08-10
MCB.TO [neutral]
McCoy Global Inc.
+2.27%
current return
Author Info
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Company Info
McCoy Global Inc. provides equipment and technologies designed to support tubular running operations that enhance wellbore integrity and assist with collecting data for the energy industry in the United States, Latin America, the Middle East, Africa, Europe, the Asia Pacific, and Canada.
Market Cap
CAD 59.2M
Pitch Price
CAD 2.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.44
P/E
16.61
EV/Sales
0.80
Sector
Energy Equipment and Services
Category
turnaround
McCoy Global Q2 2026 Update – $MCB.TO
MCB.TO (holding update): Q2'26 rev $17.2M (-28% YoY) but +2x sequentially; adj EBITDA $1.9M positive vs weak Q1. Backlog -25% to $18.4M, book-to-bill 0.70x. Mideast disruptions (30% of backlog) persist thru 2026. New US$10M ABL, covenant waiver obtained, net cash $8.3M. 6.5x EV/EBITDA. 100+ rig tenders next 12mo, 200+ in 2027. smarTR adoption gradual. Decent risk/reward, holding.
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