TechnipFMC

TechnipFMC plc is an energy service company, which engages in the provision of solutions for the production and transformation of hydrocarbons. It operates through the following segments: Subsea and Surface Technologies. The Subsea segment engages in designs and manufactures products and systems, performs engineering, procurement and project management, and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas. The Surface Technologies segment designs and manufactures products and systems, and provides services used by oil and gas companies involved in land and offshore exploration and production of crude oil and natural gas. The company was founded in 1884 and is headquartered in Newcastle Upon Tyne, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TechnipFMC reports robust growth and accelerates shareholder distributions

TechnipFMC's strong performance, strategic strengths, and growth opportunities position the company well for the future.
Challenges such as cash flow generation and seasonal fluctuations in business segments require careful monitoring and management.
Overall, TechnipFMC's focus on shareholder value, market confidence, and operational excellence underpin its positive outlook and growth trajectory.

TechnipFMC (FTI) reports solid Q1 performance, eyes transformative growth

TechnipFMC's Q1 2023 performance showcases strength in Subsea and transformative initiatives. Challenges include cash flow impact and external uncertainties. Opportunities lie in growth prospects, customer confidence, and operational enhancements.

TechnipFMC reports robust Q2 performance, eyes $25B inbound orders

TechnipFMC delivered a strong performance in Q2 2023, showcasing growth in Subsea operations, increased adoption of Subsea 2.0, and a focus on shareholder value through dividends and buybacks. While facing questions on various operational aspects, the company remains optimistic about its future growth prospects and financial targets.

TechnipFMC (FTI) reports robust Q3 performance and eyes growth opportunities

TechnipFMC (FTI) delivered a strong Q3 performance with robust subsea orders and improved financial metrics
Strategic focus on technology development, market positioning, and client success underpin the company's growth trajectory
Challenges in maintaining margins and addressing regional declines require strategic planning and operational efficiency
Opportunities lie in increased project awards, asset servicing, and upgraded inbound orders, driving future growth

TechnipFMC excels in Q4 with Subsea growth and margin expansion

TechnipFMC's Q4 performance showcases growth in Subsea orders and revenue, underpinned by technological advancements and strong client partnerships. Margins are expected to expand significantly, driven by innovative projects and market opportunities.

TechnipFMC excels in Q1, eyes growth in carbon capture and frontier basins

TechnipFMC is on track to meet 2024 targets, focusing on Subsea 2.0 efficiency and all-electric subsea systems. Strategic investments in early start-ups and project selectivity drive growth.

TechnipFMC reports record backlog and raised guidance for 2024

TechnipFMC's Q2 2024 performance was robust, driven by strong Subsea segment results and a record backlog. The company's financial strength, increased guidance, and focus on sustainable growth position it well for future success, despite facing challenges in margin drivers and future growth.

TechnipFMC reports strong Q3 earnings and eyes $30B in Subsea orders by 2025

TechnipFMC's robust performance, confidence in the Subsea market, and strategic initiatives position it for future growth and value creation.
While facing challenges in managing expenses and achieving EBITDA targets, the company's focus on innovation and market opportunities presents avenues for success.
Investors can look forward to increased shareholder returns, strong Subsea revenue outlook, and a commitment to sustainable value creation from TechnipFMC.

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TechnipFMC plc is an energy service company, which engages in the provision of solutions for the production and transformation of hydrocarbons. It operates through the following segments: Subsea and Surface Technologies. The Subsea segment designs and manufactures products and systems, performs engineering, procurement and project management, and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas. The Surface Technologies segment designs and manufactures products and systems, and provides services used by oil and gas companies involved in land and offshore exploration and production of crude oil and natural gas. The company was founded in 1884 and is headquartered in Houston, TX.

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) today reported first quarter 2021 results. Summary Financial Results from Continuing Operations Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules. Three Months Ended (In millions, except per share amounts) March 31, 2021 March 31, 2020 Change Revenue $1,632.0 $1,582.6 3.1% Income (loss) $430.3 $(3,234.8) n/m Diluted earnings (loss) per share $0.95 $(7.

TechnipFMC Announces First Quarter 2021 Results

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982): This press release is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United

TechnipFMC plc Announces the Sale of a ca. 14% Stake in Technip Energies N.V.

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today announced it has received a Notice to Proceed for a significant(1) subsea production system contract from Santos Ltd. (ASX: STO) for the Barossa project, located 300 kilometers north of Darwin, Australia, at a water depth of approximately 130 meters. The contract scope covers the supply of subsea trees and associated control systems, manifolds and wellheads, as well as installation and commiss

TechnipFMC Receives Notice to Proceed for Subsea Contract for Santos Barossa Project Offshore Australia

TechnipFMC (NYSE:FTI) releases its next round of earnings this Tuesday, April 27. Here is Benzinga's essential guide to TechnipFMC's Q1 earnings report.

TechnipFMC's Earnings: A Preview

Petroleo Brasileiro

TechnipFMC (FTI) receives subsea contract from Petrobras (PBR) to supply up to eight manifolds for the production and injection processes in the Petrobras-operated Marlim and Voador fields.

TechnipFMC Gets Subsea Deal From Petrobras to Supply Manifolds

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) today announced that it has been awarded a significant(1) subsea contract from Petrobras (NYSE: PBR) for the Marlim and Voador fields, located offshore Brazil. TechnipFMC will supply up to eight manifolds for production and injection, utilizing the all-electric Robotic Valve Controller (RVC). The contract also includes associated tools, spares and services. The RVC is a unique robotic technology that replaces traditi

TechnipFMC Awarded a Significant Subsea Contract for Petrobras' Marlim and Voador Fields

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) will issue its first quarter 2021 earnings release after the close of the New York Stock Exchange on Tuesday, April 27, 2021. The Company will also host its first quarter 2021 earnings release teleconference on Wednesday, April 28, 2021, at 1 p.m. London time (8 a.m. New York time). To participate in the conference call, you may call any of the following telephone numbers approximat

TechnipFMC Announces First Quarter 2021 Earnings Release and Teleconference Schedule

TechnipFMC's (FTI) collaboration with Bombora will at first focus on InSPIRE project in which InSPIRE stands for Integrated Semi-Submersible Platform with Innovative Renewable Energy.

TechnipFMC (FTI) Partners Bombora for Floating Wave-Wind Power

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI), a global leader in the energy industry, and Bombora, a leading wave energy technology company, have formed a strategic partnership to develop a floating wave and wind power project in support of a more sustainable future. The relationship brings together TechnipFMC's unique technologies and experience delivering complex integrated Engineering, Procurement, Construction and Installation (iEPCI™) projects offshore wit

TechnipFMC and Bombora Form Strategic Partnership to Develop a Floating Wave and Wind Power Project

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) today provided an update on the Share Purchase Agreement with Bpifrance Participations SA (“Bpifrance”) related to its recent separation into two industry-leading, independent, publicly traded companies – TechnipFMC and Technip Energies. Bpifrance, a substantial shareholder of TechnipFMC since 2009, has agreed to an investment of $100 million in Technip Energies, which has been acquired from TechnipF

TechnipFMC Completes Share Purchase Agreement with Bpifrance

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Why Is FMC Technologies (FTI) Down 9.8% Since Last Earnings Report?

The alliance will grow on Magnora's supremacy in the renewable energy space along with TechnipFMC'S (FTI) capabilities.

TechnipFMC (FTI) Partners Magnora to Form Floating Wind Power

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) today announced it has entered into an agreement with Magnora ASA (Magnora) to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. Magnora holds a strategic position within the renewable energy sector as an owner in offshore wind, onshore wind, and solar development projects and is a key enabler in solar energy technologies. When combined with TechnipFMC's uniqu

TechnipFMC Enters Partnership with Magnora to Develop Floating Offshore Wind Projects

Chevron

HollyFrontier

Marathon Petroleum

ONEOK

Valero Energy

Some of the top gainers of the S&P 500 yesterday were energy-related names like Valero Energy (VLO), HollyFrontier (HFC), TechnipFMC (FTI), ONEOK (OKE) and Marathon Petroleum (MPC).

Energy Players Rally on Healthy Demand for Refined Products

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today announced that Sophie Zurquiyah, Chief Executive Officer of CGG S.A., has been appointed to its Board of Directors and Audit Committee, effective April 1, 2021. Doug Pferdehirt, Chairman and CEO of TechnipFMC, stated: “I am delighted to welcome Sophie to the Board. She brings a depth of knowledge to our Board, established over 30 years in our industry. With a background in geo

TechnipFMC Appoints Sophie Zurquiyah to its Board of Directors

TechnipFMC's (FTI) fourth-quarter inbound orders improve 54.7% from the year-ago quarter to $4.20 billion.

TechnipFMC (FTI) Q4 Earnings Miss, Revenues Top Estimates

TechnipFMC is set to capture significant revenue growth and value with a rebound in customer demand for its subsea equipment solutions. TechnipFMC is a tier-one player with competitive advantages in several lines of business, giving it an economic moat.

TechnipFMC: A Joel Greenblatt-Type Special Situation Worth Buying

TechnipFMC (FTI) acquires a deep-water deal from Petronas Carigali, which involves the buildout of 10 deepwater wells and their tieback to the existing Limbayong FPSO unit in Malaysia.

TechnipFMC (FTI) Wins Major iEPCI Contract in Offshore Malaysia

The energy technology company sees a bright future.

Why TechnipFMC Stock Is Rallying Today

TechnipFMC's (FTI) CEO Doug Pferdehirt on Q4 2020 Results - Earnings Call Transcript

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (“TechnipFMC”) (NYSE: FTI) (Paris: FTI) (ISIN: GB00BDSFG982) announces the availability of its Earnings Call Presentation in connection with its teleconference on Thursday, 25 February 2021 to discuss the fourth quarter 2020 financial results and updated outlook for 2021. A copy of the Earnings Call Presentation can also be accessed on TechnipFMC's website (www.technipfmc.com). About TechnipFMC TechnipFMC is a leading te

TechnipFMC Fourth Quarter 2020 Earnings Call Presentation

FMC Technologies (FTI) delivered earnings and revenue surprises of -76.19% and 2.23%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

FMC Technologies (FTI) Lags Q4 Earnings Estimates

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) today reported fourth quarter 2020 results. Summary Financial Statements - Fourth Quarter 2020 Reconciliation of U.S. GAAP to non-GAAP financial measures are below and in financial schedules. Three Months Ended (In millions, except per share amounts) December 31, 2020 December 31, 2019 Change Revenue $3,426.1 $3,726.8 (8.1%) Net income (loss) $(39.3) $(2,414.0) n/m Diluted earnings (loss) per sha

TechnipFMC Announces Fourth Quarter 2020 Results

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) has received a letter of award (LOA) by Energean Israel Limited for the development of the Karish North field, located offshore Israel. TechnipFMC will design, manufacture, deliver and install subsea equipment including the subsea production system, rigid flowlines and umbilicals as a tieback to the ‘Energean Power' FPSO as well as the second gas export riser. Jonathan Landes, President Subsea at TechnipFMC, commented:

News for TechnipFMC Stock (FTI)