Construction Advisory Expert Greg Parker Joins FTI Consulting as a Senior Managing Director
- WASHINGTON, June 26, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Greg Parker as a Senior Managing Director in the Construction, Projects and Assets practice within the firm's Forensic and Litigation Consulting segment.
- 06/26/2024
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FTI Consulting Enhances Aviation Capabilities with Two Senior Commercial and Fleet Strategy Experts
- WASHINGTON, June 24, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the continued expansion of its global Aviation practice with the appointments of Stephen Strange as a Senior Managing Director and David Walfisch as a Managing Director.
- 06/24/2024
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TechnipFMC Announces Second Quarter 2024 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its second quarter 2024 earnings conference call on Thursday, July 25, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the Investor Relations website or at https://edge.media-server.com/mmc/p/2tq8rfrd. An archived versio.
- 06/17/2024
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TechnipFMC to Address Attendees at the J.P. Morgan 2024 Energy, Power and Renewables Conference
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, June 18, at 1:45 p.m. EDT at the following event: J.P. Morgan 2024 Energy, Power and Renewables Conference June 17 – 18, 2024 Location: InterContinental New York Barclay, 111 East 48th St, New York, NY 10017 The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. An audi.
- 06/13/2024
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FTI Consulting Survey Identifies Top Operational Challenges and Opportunities for Hospital Leaders
- Workforce Shortages, Cybersecurity Threats Top List of Concerns for Nearly All Respondents Workforce Shortages, Cybersecurity Threats Top List of Concerns for Nearly All Respondents
- 06/12/2024
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FTI Consulting Appoints Senior Forensic Expert Dr. Stefan Heissner to the Forensic and Litigation Consulting Segment in Germany
- DÜSSELDORF, Germany, June 11, 2024 (GLOBE NEWSWIRE) -- FTI Consulting Inc. (NYSE: FCN) today announced the appointment of Dr. Stefan Heissner as a Senior Managing Director in its Forensic and Litigation Consulting segment in Germany, effective 1 July 2024.
- 06/11/2024
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TechnipFMC, Sulzer Team Up on CO2 Pumps for Petrobras
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TechnipFMC (FTI), Sulzer Team Up on CO2 Pumps for Petrobras
- TechnipFMC (FTI) and Sulzer develop subsea CO2 pumps for Petrobras, enhancing energy efficiency and reducing emissions in Brazilian oil fields.
- 06/10/2024
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FTI Consulting Adds Senior Chemicals Industry Expert to Further Expand Business Transformation Practice in Europe
- DÜSSELDORF, Germany, June 03, 2024 (GLOBE NEWSWIRE) -- FTI Consulting Inc. (NYSE: FCN) today announced the continued expansion of its business transformation capabilities in Europe with the addition of chemicals industry expert Stefan Van Thienen, who joins the firm as a Senior Managing Director in the Corporate Finance & Restructuring segment. His arrival follows the recent launch of the firm's Business Transformation practice in Belgium with the addition of Jean-Michel Mollo.
- 06/03/2024
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Here's Why FMC Technologies (FTI) is a Strong Momentum Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 05/31/2024
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FTI Consulting Appoints Michael Spadea as North America Leader for Information Governance, Privacy and Security
- WASHINGTON, May 29, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Michael Spadea as a Senior Managing Director and North America Leader of the Information Governance, Privacy and Security practice within the firm's Technology segment.
- 05/29/2024
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Vanguard Personalized Indexing Management LLC Increases Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)
- Vanguard Personalized Indexing Management LLC grew its holdings in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,213 shares of the business services provider’s stock after acquiring an additional 737 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in FTI Consulting were worth $1,038,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in the business. Principal Financial Group Inc. grew its position in FTI Consulting by 3.7% during the 4th quarter. Principal Financial Group Inc. now owns 130,473 shares of the business services provider’s stock worth $25,984,000 after purchasing an additional 4,668 shares during the last quarter. Teacher Retirement System of Texas grew its stake in FTI Consulting by 142.7% during the 4th quarter. Teacher Retirement System of Texas now owns 6,370 shares of the business services provider’s stock valued at $1,269,000 after purchasing an additional 3,745 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of FTI Consulting by 4.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 415,928 shares of the business services provider’s stock valued at $82,832,000 after purchasing an additional 17,796 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of FTI Consulting in the fourth quarter valued at about $910,000. Finally, Amalgamated Bank lifted its holdings in shares of FTI Consulting by 0.3% during the fourth quarter. Amalgamated Bank now owns 23,746 shares of the business services provider’s stock worth $4,729,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock. Insider Buying and Selling at FTI Consulting In other FTI Consulting news, Director Brenda J. Bacon bought 1,120 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were purchased at an average price of $222.96 per share, for a total transaction of $249,715.20. Following the transaction, the director now directly owns 15,292 shares of the company’s stock, valued at approximately $3,409,504.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other FTI Consulting news, insider Paul Alderman Linton sold 27,000 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $206.10, for a total transaction of $5,564,700.00. Following the completion of the sale, the insider now directly owns 44,284 shares in the company, valued at approximately $9,126,932.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Brenda J. Bacon bought 1,120 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was purchased at an average price of $222.96 per share, for a total transaction of $249,715.20. Following the transaction, the director now owns 15,292 shares of the company’s stock, valued at $3,409,504.32. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 86,326 shares of company stock valued at $18,449,373. Company insiders own 2.51% of the company’s stock. FTI Consulting Trading Up 0.6 % FTI Consulting stock opened at $223.10 on Monday. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.10. The firm has a market cap of $7.96 billion, a PE ratio of 25.94 and a beta of 0.10. The stock’s 50 day simple moving average is $211.21 and its two-hundred day simple moving average is $207.98. FTI Consulting, Inc. has a 12 month low of $171.81 and a 12 month high of $232.15. FTI Consulting (NYSE:FCN – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $2.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.47. FTI Consulting had a net margin of 8.51% and a return on equity of 15.97%. The business had revenue of $928.60 million during the quarter, compared to the consensus estimate of $901.77 million. During the same quarter in the prior year, the firm posted $1.34 earnings per share. The company’s revenue was up 15.1% compared to the same quarter last year. Analysts anticipate that FTI Consulting, Inc. will post 8.22 earnings per share for the current year. Wall Street Analysts Forecast Growth Several brokerages recently weighed in on FCN. StockNews.com downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, April 26th. William Blair reaffirmed an “outperform” rating on shares of FTI Consulting in a report on Friday, April 26th. Finally, Truist Financial lifted their price objective on FTI Consulting from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. View Our Latest Stock Analysis on FTI Consulting FTI Consulting Company Profile (Free Report) FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.
- 05/20/2024
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FTI Consulting Expands Healthcare Business Transformation Practice with Appointment of Digital Strategy Expert
- WASHINGTON, May 16, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Kendall Pelander as a Senior Managing Director in the Healthcare Business Transformation practice within the firm's Corporate Finance & Restructuring segment.
- 05/16/2024
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TechnipFMC (FTI) Secures New Contract to Support Pluto LNG
- TechnipFMC (FTI) is responsible for the design, manufacture, and installation of the subsea production system, flexible pipe, and umbilicals for the Xena Infill well, at the Pluto LNG Project.
- 05/15/2024
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Here's Why FMC Technologies (FTI) is a Strong Momentum Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 05/14/2024
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TechnipFMC Awarded Significant iEPCI™ Contract by Woodside Energy for Xena Phase 3 Development
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy (LON: WDS) in Australia. TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrated front end engineering design (iFEED™) stud.
- 05/13/2024
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TechnipFMC (FTI) Q1 Earnings Surpass, Revenues Rise Y/Y
- TechnipFMC (FTI) expects revenues for the Subsea unit and the Surface Technologies unit to be in the range of $7.2-$7.6 billion and $1.2-$1.35 billion, respectively, for full-year 2024.
- 04/29/2024
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FMC Technologies (FTI) Q1 Earnings and Revenues Top Estimates
- FMC Technologies (FTI) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to break-even earnings per share a year ago.
- 04/25/2024
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TechnipFMC Announces First Quarter 2024 Results
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (the “Company” or “TechnipFMC”) today reported first quarter 2024 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 Change (In millions, except per share amounts) Mar. 31, 2024 Dec. 31, 2023 Mar. 31, 2023 Sequential Year-over- Year Revenue $2,042.0 $2,077.7 $1,717.4 (1.7%) 18.9% Net income $157.1 $.
- 04/25/2024
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TechnipFMC Declares Quarterly Dividend
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on June 5, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on May 21, 2024. The ex-dividend date is May 20, 2024. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" regarding our futur.
- 04/23/2024
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3 Energy Stocks to Sell Before Oil Prices Stall
- Is the rally crude oil about to stall out? After several months of consistent oil price advances, the price of oil has dipped over the past week.
- 04/22/2024
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TechnipFMC (FTI) Secures Contract in Guyana's Stabroek Block
- TechnipFMC (FTI) secures a $500 million-$1 billion contract from ExxonMobil for Guyana's Whiptail project, to supply subsea systems and reinforce partnership growth.
- 04/16/2024
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TechnipFMC Awarded Large Subsea Contract for ExxonMobil Guyana's Whiptail Project
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (the “Company”) has been awarded a large(1) contract in Guyana's Stabroek Block by Exxon Mobil Corporation (NYSE: XOM) affiliate ExxonMobil Guyana Limited to supply subsea production systems for the Whiptail project. TechnipFMC will provide project management, engineering, and manufacturing to deliver 48 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment. Jonathan Landes, Presiden.
- 04/15/2024
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3 Standout Small/Midcap Stocks in Active ETF TMSL
- Is now the time to add midcap stocks to investor portfolios? The “Magnificent Seven” may have devolved into something more of a Fab Four, but diversification among large caps doesn't diminish the case for midcaps.
- 04/04/2024
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One Equity Partners Completes Acquisition of TechnipFMC's Measurement Solutions Business
- NEW YORK--(BUSINESS WIRE)-- #carveout--One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC's Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI). The Business, which is being rebranded as Guidant, is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain. Headquartered in Houston, TX, Guidant offers a.
- 03/27/2024
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TechnipFMC Announces First Quarter 2024 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its first quarter 2024 earnings conference call on Thursday, April 25, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/567rmuzu/.
- 03/20/2024
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TechnipFMC (FTI), NEP Join Forces for CCS Infrastructure
- TechnipFMC (FTI) receives a key contract from Northern Endurance Partnership, including BP, Equinor and TotalEnergies, for groundbreaking all-electric CCS infrastructure in the United Kingdom.
- 03/18/2024
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TechnipFMC Selected by Northern Endurance Partnership to Deliver the First All-Electric iEPCI™ for Carbon Capture and Storage
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (the “Company”) has been selected to deliver the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. The NEP is building carbon dioxide transportation and storage infrastructure for carbon capture projects in the United Kingdom's East Coast Cluster. TechnipFMC will use its integrated Engineering, Procurement, Construction, and Installation (iEPCI™).
- 03/15/2024
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TechnipFMC (FTI) Q4 Earnings Beat, Revenues Rise Y/Y
- TechnipFMC (FTI) expects revenues for the Subsea unit and the Surface Technologies unit to be in the range of $7.2-$7.6 billion and $1.2-$1.35 billion, respectively, for full-year 2024.
- 02/26/2024
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TechnipFMC plc (FTI) Q4 2023 Earnings Call Transcript
- TechnipFMC plc (FTI) Q4 2023 Earnings Call Transcript
- 02/22/2024
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FMC Technologies (FTI) Tops Q4 Earnings and Revenue Estimates
- FMC Technologies (FTI) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.05 per share a year ago.
- 02/22/2024
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TechnipFMC Announces Fourth Quarter 2023 Results
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) today reported fourth quarter 2023 results. Summary Financial Results from Continuing Operations - Fourth Quarter 2023 Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules. Three Months Ended Change (In millions, except per share amounts) Dec. 31, 2023 Sep. 30, 2023 Dec. 31, 2022 Sequential Year-over- Year Revenue $2,077.7 $2,056.9 $1,694.4 1.0% 22.6% Income (loss) $53.0 $90.0 $(26.7).
- 02/22/2024
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TechnipFMC Declares Quarterly Dividend
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on April 3, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on March 19, 2024. The ex-dividend date is March 18, 2024. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" regarding our.
- 02/20/2024
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TechnipFMC (FTI) Wins Shell's Sparta Development Contract
- TechnipFMC (FTI) wins a contract for manufacturing and installing subsea production systems, umbilicals, risers and flowlines for Shell's (SHEL) Sparta Development project.
- 02/20/2024
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TechnipFMC (FTI) Scores Major Gulf of Mexico Contract With BP
- TechnipFMC (FTI) secures a major $75-$250 million contract from BP for the Argos Southwest Extension in the Gulf, enhancing Mad Dog field production.
- 01/17/2024
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TechnipFMC Announces Fourth Quarter 2023 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its fourth quarter 2023 earnings conference call on Thursday, February 22, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/itk4i.
- 01/11/2024
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How Much Upside is Left in FMC Technologies (FTI)? Wall Street Analysts Think 27.3%
- The consensus price target hints at a 27.3% upside potential for FMC Technologies (FTI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 01/09/2024
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TechnipFMC (FTI) Signs iEPCI Contract for Mero 3 HISEP Project
- TechnipFMC (FTI) secures transformative iEPCI contract from Petrobras for Mero 3 HISEP project, revolutionizing subsea processing, reducing emissions and enhancing production capacity.
- 01/04/2024
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TechnipFMC (FTI) to Sell Measurement Solutions for $205M Cash
- TechnipFMC (FTI) announces the sale of the Measurement Solutions business for $205M, aiming to increase focus on core products.
- 11/21/2023
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TechnipFMC (FTI) Q3 Earnings and Sales Beat Estimates
- TechnipFMC (FTI) expects free cash flow in the band of $225-$375 million. It also projects capital expenditure of $250 million for 2023.
- 10/31/2023
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FMC Technologies (FTI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for FMC Technologies (FTI) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 10/26/2023
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FMC Technologies (FTI) Q3 Earnings and Revenues Top Estimates
- FMC Technologies (FTI) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.03 per share a year ago.
- 10/26/2023
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Despite Its Steep Rally, TechnipFMC Is Reasonably Valued
- TechnipFMC has experienced a steep rally in its stock price thanks to accelerated business momentum and promising growth prospects. The company is well protected from potential threats related to shale oil production in the US, as it generates most of its revenue outside of the North American land market. TechnipFMC has secured important contracts and is expected to benefit from the expected growth in global oil and gas production over the next decade.
- 10/10/2023
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3 Stocks For the Resurgent Energy Rally
- While two very small stocks, Geospace Technologies Corp. NASDAQ: GEOS and Profire Energy Inc. NASDAQ: PFIE are the industry's price leaders, stocks drawing more institutional investment include S&P 500 component Baker Hughes Co. NASDAQ: BKR, as well as mid-caps TechnipFMC plc NYSE: FTI and NOV Inc. NYSE: NOV.
- 10/04/2023
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TechnipFMC (FTI) Wins Large Contract for Rosebank Project
- TechnipFMC (FTI) wins contract between $500 million and $1 billion from Equinor to deliver the U.K. Rosebank project's subsea production system, creating significant local value and jobs.
- 09/28/2023
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Ithaca Energy shares rise after U.K. grants approval to Rosebank development
- Ithaca Energy shares ITH, +2.57% climbed 5% as the U.K. government approved the Rosebank offshore development off Scotland in a controversial decision. Equinor EQNR, +0.19%, the majority owner, and Ithaca plan to invest $3.8 billion in the development.
- 09/27/2023
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TechnipFMC Announces Third Quarter 2023 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its third quarter 2023 earnings conference call on Thursday, October 26, 2023, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/p8n2ozr.
- 09/19/2023
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TechnipFMC to Present at the Barclays CEO Energy-Power Conference
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, September 5, at 12:40 p.m. EDT at the following event: Barclays CEO Energy-Power Conference September 5 – 7, 2023 Location: Sheraton New York Times Square, 811 Seventh Avenue, New York, NY 10019 The live webcast and accompanying presentation slides will be available at the time of the event and can be accessed at the Investor Re.
- 08/30/2023
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Surging Stars: 3 Mighty Momentum Stocks to Grab Now
- Momentum investing is the go-to strategy for investors looking to benefit from ongoing trends in the market. However, some professionals consider momentum an anomaly.
- 08/27/2023
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TechnipFMC (FTI) Clinches Contract for Girassol Life Project
- TechnipFMC (FTI) secures a significant contract valued at $75-$250 million for installing flexible pipe and subsea structures in the Girassol Life Extension project, offshore Angola.
- 08/25/2023
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3 Oil & Gas Gear Makers With Triple-Digit EPS Growth Forecasts
- Among the gainers were oilfield services providers Schlumberger Ltd. NYSE: SLB and Halliburton Co. NYSE: HAL, both of which have come on strong in the past three months.
- 08/18/2023
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Oil & Gas Are Moving In August, Here Are The 3 Industry Favorites
- Whether it is the forces of commodity cycles, the changing tides of a world economy, or even straight manipulation from the most prominent players who hear whispers from OPEC's next decision, the only certainty is that oil and gas prices are swinging hard. Crude oil has swung from below $60 per barrel in the last quarter to above $80 per barrel as of today's new quarter, and natural gas has followed a similar path.
- 08/09/2023
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TechnipFMC (FTI) Q2 Earnings Disappoint, Revenues Beat
- TechnipFMC (FTI) expects revenues in the range of $5.9-$6.3 billion and $1.3-$1.45 billion for Subsea and Surface Technologies, respectively, for 2023.
- 08/04/2023
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Kepler Cheuvreux Downgrades TechnipFMC
- Fintel reports that on August 1, 2023, Kepler Cheuvreux downgraded their outlook for TechnipFMC (NYSE:FTI) from Buy to Hold.
- 08/02/2023
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FMC Technologies (FTI) Reports Next Week: Wall Street Expects Earnings Growth
- FMC Technologies (FTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/20/2023
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TechnipFMC (FTI) Clinches iEPCI Contract From OMV (Norge) AS
- TechnipFMC (FTI) secures a significant iEPCI contract for OMV's Berling gas development project in Norway, offering comprehensive engineering, procurement, construction and installation services.
- 07/03/2023
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TechnipFMC Announces Second Quarter 2023 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its second quarter 2023 earnings conference call on Thursday, July 27, 2023, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/xjed9h79.
- 06/29/2023
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TechnipFMC (FTI) Clinches Subsea Contract From Azule Energy
- TechnipFMC (FTI) secures a significant subsea contract from Azule Energy in Angola, showcasing its expertise in subsea production systems.
- 06/28/2023
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TechnipFMC (FTI) Signs 20-Year Pact With Chevron Australia
- TechnipFMC (FTI) and Chevron Australia join forces to revolutionize gas field developments with Subsea 2.0 technology, driving sustainable development.
- 06/22/2023
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'Deep Energy' vessel, owned by NYSE-listed TechnipFMC, assisting missing Titanic sub search and rescue
- TechnipFMC has sent one of its pipelay vessels to help in the urgent search and rescue mission to locate the submersible that went missing while taking five people to see the Titanic.
- 06/21/2023
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TechnipFMC (FTI) Surges 118% in a Year: Is it Sustainable?
- It would be prudent to wait for a better entry point as the timing is still not right for investors to hit the Buy button on TeachnipFMC (FTI).
- 06/21/2023
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TechnipFMC (FTI) Secures Deal for Julimar Phase 3 Development
- TechnipFMC (FTI) secures a significant contract by Woodside Energy to engineer the Julimar Phase 3 development, offshore Western Australia.
- 06/20/2023
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TechnipFMC (FTI) Wins iEPCI Contract for Dover Development
- TechnipFMC (FTI) secures a significant iEPCI contract from Shell for the Dover development in the Gulf of Mexico, showcasing its subsea engineering and construction expertise.
- 05/29/2023
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TechnipFMC (FTI) Wins Contract for RLWI Services From Equinor
- TechnipFMC (FTI) secures a major contract from Equinor for Riserless Light Well Intervention services, boosting production efficiency on the Norwegian Continental Shelf.
- 05/23/2023
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ETFs in Focus as Oil Prices Rise
- After declining for four consecutive weeks, oil prices rose against the backdrop of the United States' plans to acquire crude for its SPR and the Alberta wildfires. Take a look into ETFs to gain exposure to the energy market.
- 05/16/2023
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Here's how to play oil-industry stocks for long-term growth of 20% or more
- Oil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services companies as good long-term growth investments as offshore production ramps up.
- 05/08/2023
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TechnipFMC (FTI) Q1 Earnings Miss Estimates, Sales Beat
- TechnipFMC (FTI) expects capital expenditures of $250 million, free cash flow of $225-$375 million and net interest expenses of $100-$110 million for 2023.
- 05/02/2023
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TechnipFMC plc (FTI) Q1 2023 Earnings Conference Call Transcript
- TechnipFMC plc (FTI) Q1 2023 Earnings Conference Call Transcript.
- 04/27/2023
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FMC Technologies (FTI) Reports Break-Even Earnings for Q1
- FMC Technologies (FTI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.03 per share a year ago.
- 04/27/2023
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Factors Likely to Influence SLB's Earnings This Season
- Favorable crude pricing is likely to have aided SLB's Q1 earnings.
- 04/19/2023
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UK Oil & Gas Workers Demand Transition to Renewable Energy Jobs
- UK's oil & gas industry workers demand transition funding and training as SHEL, BP and FTI shift to sustainable energy.
- 03/24/2023
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TechnipFMC Announces First Quarter 2023 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its first quarter 2023 earnings conference call on Thursday, April 27, 2023, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/6fifa2xk.
- 03/20/2023
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TechnipFMC (FTI) Lags Q4 Earnings Estimates, Beats on Revenues
- TechnipFMC (FTI) expects subsea unit revenues of $5.9-$6.3 billion, surface unit revenues of $1.3-$1.45 billion, free cash flow of $225-$375 million, capex of $250 million & net interest expense of $100-$110 million for 2023.
- 03/14/2023
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TechnipFMC (FTI) Secures Major Contract for Angola Project
- TechnipFMC (FTI) wins the Angola contract for a subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa.
- 02/28/2023
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Why 3 Oil and Gas Stocks Popped Today
- Earnings were great for three oil and gas companies, pushing them higher today.
- 02/23/2023
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TechnipFMC plc (FTI) Q4 2022 Earnings Call Transcript
- TechnipFMC plc (NYSE:FTI ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Matt Seinsheimer – Senior Vice President-Investor Relations and Corporate Development Doug Pferdehirt – Chair and Chief Executive Officer Alf Melin – Executive Vice President and Chief Financial Officer Conference Call Participants David Anderson – Barclays Arun Jayaram – JPMorgan Scott Gruber – Citigroup Kurt Hallead – Benchmark Marc Bianchi – Cowen Operator Thank you for holding, and welcome everyone to the TechnipFMC Fourth Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
- 02/23/2023
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FMC Technologies (FTI) Reports Q4 Loss, Tops Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -266.67% and 3.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2023
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TechnipFMC (FTI) Secures Two Major Contracts From Equinor
- TechnipFMC (FTI) secures major subsea contracts with Equinor for Norwegian and North Sea projects, with the contracts valued between $75M and $250M.
- 02/21/2023
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TechnipFMC (FTI) Wins Upto $1B iEPCI Contract From Aker BP
- TechnipFMC's (FTI) iEPCI contract from Aker BP involves the engineering, procurement, construction, and installation of subsea production systems, controls, pipelines and umbilicals.
- 02/03/2023
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Strong Position In The Subsea Market Gives TechnipFMC An Edge
- Growing shale gas extraction is expected to boost the growth of oilfield services market. TechnipFMC's underwater solutions give it an edge over its peer companies in the subsea market.
- 01/24/2023
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TechnipFMC Announces Fourth Quarter 2022 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--( BUSINESS WIRE )--TechnipFMC (NYSE: FTI) will host its fourth quarter 2022 earnings conference call on Thursday, February 23, 2023, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time).
- 01/19/2023
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TechnipFMC (FTI) Gets EPCI Contract From Wintershall Dea
- According to TechnipFMC (FTI), this new contract builds on the success of previously installed subsea umbilicals, risers and flowlines in the Dvalin field.
- 01/18/2023
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Why Is FMC Technologies (FTI) Up 16.5% Since Last Earnings Report?
- FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock?
- 11/25/2022
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5 Familiar ‘Strong Buy' Stocks Trading Under $10 Have Big Upside Potential
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 10/08/2022
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Oil & Gas Stock Roundup Headlined by Shell & Enbridge's Renewables Push
- Apart from Shell (SHEL) and Enbridge (ENB), TechnipFMC (FTI), Transocean (RIG) and VAALCO Energy (EGY) hogged the limelight during the week.
- 10/06/2022
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TechnipFMC plc: Earnings Momentum Keeps It Interesting
- FTI is benefiting from strong energy sector exploration and production activity driving demand for its support equipment and technologies. The company has announced a large stock buyback program along with plans of initiating a quarterly dividend in 2023.
- 09/29/2022
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TechnipFMC Announces Third Quarter 2022 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will issue its third quarter 2022 earnings release after the close of the New York Stock Exchange on Wednesday, October 26, 2022. The Company will also host its third quarter 2022 earnings conference call on Thursday, October 27, 2022, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/zcgbn
- 09/29/2022
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TechnipFMC (FTI) Gets EPCI Contract for Shell's Jackdaw Project
- TechnipFMC (FTI) wins an EPCI contract after Shell's final investment decision on the Jackdaw gas field project earlier this year.
- 09/27/2022
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TechnipFMC (FTI) Gets EPCI Contract From TTE Offshore Brazil
- TechnipFMC (FTI) is likely to reconfigure and set up umbilicals and flexible pipes in a new configuration as part of its EPCI contract in Brazil.
- 09/19/2022
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TechnipFMC to Present at the Barclays CEO Energy-Power Conference
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, September 6, at 1:50 p.m. EDT at the following event: Barclays CEO Energy-Power Conference September 6 – 8, 2022 Location: Sheraton New York Times Square, 811 Seventh Avenue, New York, NY 10019 The live webcast and accompanying presentation slides will be available at the time of the event and can be accessed at the Investor Rel
- 09/01/2022
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Why Shares of TechnipFMC Jumped 20% in July
- This oil-field services company reported a strong quarter and growing backlog.
- 08/08/2022
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TechnipFMC (FTI) Wins Gas to Energy Project Contract in Guyana
- TechnipFMC (FTI) is likely to provide the engineering, procurement, construction and installation of subsea risers and pipelines as part of this new contract in Guyana.
- 08/08/2022
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6 Cheap Stocks That Wall Street Analysts Still Love
- There are cheap stocks, and then there are penny stocks. The former aren't necessarily bad investments.
- 08/05/2022
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Here's Why FMC Technologies (FTI) is a Great Momentum Stock to Buy
- Does FMC Technologies (FTI) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/05/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover FMC Technologies (FTI)
- FMC Technologies (FTI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/04/2022
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3 Top Stocks to Buy Now for Superb Earnings Acceleration
- Invest in stocks like Wolfspeed (WOLF), TechnipFMC (FTI) & PattersonUTI Energy (PTEN) at the moment for solid earnings acceleration.
- 08/03/2022
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TechnipFMC plc (FTI) Q2 Earnings Lag Estimates, Sales Beat
- TechnipFMC plc's (FTI) second-quarter earnings lag the consensus mark, while revenues beat estimates due to greater-than-predicted performances.
- 08/02/2022
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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q2 2022 Results - Earnings Call Transcript
- TechnipFMC plc (NYSE:FTI ) Q2 2022 Earnings Conference Call July 28, 2022 8:00 AM ET Company Participants Matt Seinsheimer - Senior Vice President, Investor Relations & Corporate Development Doug Pferdehirt - Chairman & Chief Executive Officer Alf Melin - Executive Vice President & Chief Financial Officer Conference Call Participants Chase Mulvehill - Bank of America Mark Wilson - Jefferies David Anderson - Barclays Arun Jayaram - JPMorgan Marc Bianchi - Cowen Waqar Syed - ATB Capital Markets Operator Thank you for standing by, and welcome to the TechnipFMC Second Quarter Earnings Call. All lines have been placed on mute to prevent any background noise.
- 07/28/2022
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FMC Technologies (FTI) Q2 Earnings Miss Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -50% and 1.31%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2022
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TechnipFMC: Deep Value Offshore
- Energy markets are strong with elevated prices and tight supplies. Exploration and production companies are generating record cash from operations and increasing capital expenditures.
- 07/25/2022
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These 5 ‘Strong Buy' Stocks Trading Under $10 Are Well Known and Have Big Upside Potential
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 07/23/2022
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TechnipFMC (FTI) Gets Technical Services Contract From Neptune
- TechnipFMC (FTI) is likely to provide engineering, studies and technical services for Neptune Energy as part of the new contract.
- 07/14/2022
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TechnipFMC (FTI) Wins Offshore Subsea Contract in Angola
- TechnipFMC (FTI) receives a subsea contract from TotalEnergies in offshore Angola.
- 06/21/2022
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TechnipFMC Announces Second Quarter 2022 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will issue its second quarter 2022 earnings release after the close of the New York Stock Exchange on Wednesday, July 27, 2022. The Company will also host its second quarter 2022 earnings conference call on Thursday, July 28, 2022, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/yytvtob9.
- 06/20/2022
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Is Guyana the Hottest Oil Exploration Play at the Moment?
- Oil discoveries at a deeper layer offshore Guyana could add billions of barrels to the block's recoverable resources, benefiting firms like Hess (HES), ExxonMobil (XOM) and TechnipFMC (FTI).
- 06/06/2022
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FMC Technologies (FTI) Up 14.4% Since Last Earnings Report: Can It Continue?
- FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock?
- 05/27/2022
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Technip (FTI) Wins Yellowtail Development Work Off Guyana
- TechnipFMC (FTI) secures an extra contract and receives the notice to proceed with work on the Yellowtail development offshore Guyana.
- 05/09/2022
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TechnipFMC: Just Check The Guidance For 2022 And The Massive Backlog
- TechnipFMC plc offers subsea and surface technologies to companies in the energy industry. Management expects to offer innovative solutions that will improve subsea energy production performance.
- 05/04/2022
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TechnipFMC plc (FTI) CEO Douglas Pferdehirt on Q1 2022 Results - Earnings Call Transcript
- TechnipFMC plc (NYSE:FTI ) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Matt Seinsheimer - VP, IR Douglas Pferdehirt - Chairman & CEO Alf Melin - EVP & CFO Conference Call Participants Ian Macpherson - Piper Sandler Arun Jayaram - JPMorgan Chase Guillaume Delaby - Societe Generale Chase Mulvehill - Bank of America Securities Bertrand Hodee - Kepler Cheuvreux Marc Bianchi - Cowen Jean-Luc Romain - CIC Market Solutions Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear.
- 04/28/2022
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TechnipFMC (FTI) Wins iEPCI Contract in Offshore Norway
- TechnipFMC (FTI) is set to execute the Maria field revitalization project as it wins a major integrated engineering, procurement, construction and installation contract for the same.
- 04/21/2022
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TechnipFMC Announces First Quarter 2022 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) will issue its first quarter 2022 earnings release after the close of the New York Stock Exchange on Wednesday, April 27, 2022. The Company will also host its first quarter 2022 earnings conference call on Thursday, April 28, 2022, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/ah4w9vad.
- 03/16/2022
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TechnipFMC plc (FTI) Stock Rises 11.5% Despite Wider Q4 Loss
- TechnipFMC plc's (FTI) fourth-quarter loss is wider than the consensus mark. Revenues miss estimates due to lower-than-predicted performances.
- 03/03/2022
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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q4 2021 Results - Earnings Call Transcript
- TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q4 2021 Results - Earnings Call Transcript
- 02/24/2022
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FMC Technologies (FTI) Reports Q4 Loss, Misses Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -1,100% and 3.88%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2022
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TechnipFMC (FTI) Wins Large EPCI Contract in Buzios Field
- The Buzios contract is expected to bring revenues between $500 million and $1 billion for TechnipFMC (FTI)
- 01/27/2022
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TechnipFMC (FTI), Partner Win Wind Project Bid in Scotland
- TechnipFMC's (FTI) partnership with Magnora ASA to set up wind farms in Scotland is expected to contribute to the country's net-zero targets.
- 01/24/2022
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TechnipFMC Announces Fourth Quarter 2021 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) will issue its fourth quarter 2021 earnings release after the close of the New York Stock Exchange on Wednesday, February 23, 2022. The Company will also host its fourth quarter 2021 earnings conference call on Thursday, February 24, 2022, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.
- 01/20/2022
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TechnipFMC (FTI) to Sell Off 5% Stake in Technip Energies
- After the recent sell-off, TechnipFMC's (FTI) stake in Technip Energies has come down to 7%.
- 01/14/2022
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TechnipFMC to Address Attendees at the ATB 10th Annual Institutional Investor Conference
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Wednesday, January 12, at 10:00 a.m. CST at the following event: ATB 10th Annual Institutional Investor Conference January 11 – 13, 2022 Location: Virtual Conference The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials assoc
- 01/10/2022
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V&M Breakouts: Top Growth And Dividend Stocks For December 2021
- Releasing two top December stocks from the MDA Growth and Dividend Breakout monthly portfolio and two top samples from prior portfolios. Long-term dividend portfolios have a 1 year average weighted gain of +14.5%. The best gain is still from the May 2020 portfolio +79.3%.
- 12/12/2021
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New Project Pipeline And Alliances Will Drive TechnipFMC
- FTI's Surface Technologies segment has received several multi-year awards in the Middle East. It has sold business stakes and partnered with various companies for the technological alliance.
- 12/11/2021
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TechnipFMC (FTI) Secures 3 Pipe Frame Agreements From Petrobras
- The newly-obtained three frame agreements put TechnipFMC's (FTI) total contractual volumes with Petrobras for the current year to nearly 600 kilometers.
- 12/10/2021
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All You Need to Know About TechnipFMC's (FTI) Analyst Day
- TechnipFMC plc (FTI) expects subsea inbound orders to reach nearly $8 billion by 2025 - in line with or eclipsing the 2019 peak levels.
- 11/19/2021
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TechnipFMC (FTI) Inks Large Subsea Contract for Yellowtail
- For delivering the overall subsea production system, TechnipFMC (FTI) decides to provide project management, engineering, manufacturing and testing capabilities.
- 11/17/2021
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TechnipFMC (FTI) Reports Loss in Q3, Misses on Revenues
- In the third quarter, TechnipFMC's (FTI) inbound orders fall 24.7% from the year-ago period's level to $1.4 billion, mirroring softness in revenue recognition.
- 10/22/2021
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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q3 2021 Results - Earnings Call Transcript
- TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q3 2021 Results - Earnings Call Transcript
- 10/21/2021
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FMC Technologies (FTI) Reports Q3 Loss, Lags Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -400.00% and -5.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/20/2021
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TechnipFMC (FTI), Talos Energy Unite to Provide CCS Solutions
- TechnipFMC (FTI) is excited to work with Talos to offer offshore CCS solutions that will help decrease carbon footprints as the energy revolution unfolds.
- 10/20/2021
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TechnipFMC (FTI) Closes Composite Pipe Maker Magma Global Buyout
- TechnipFMC (FTI) and Magma deliver years of collective understanding of developing and installing a composite and flexible pipe.
- 10/19/2021
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TechnipFMC buys Victrex's stake in Magma Global; Victrex CFO stands down to join Morgan Advanced Materials
- TechnipFMC said it has bought Victrex PLC's stake in Magma Global Ltd, thereby completing its full acquisition of Magma. Meanwhile, Victrex announced that its chief financial officer Richard Armitage is stepping down at the end of May next year in order to join Morgan Advanced Materials PLC as CFO.
- 10/15/2021
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TechnipFMC Completes Acquisition of Magma Global to Accelerate Development of Breakthrough Composite Pipe Technologies for Conventional Energy and CO2 Applications
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) today announced that it has completed the acquisition of the outstanding shares of Magma Global (Magma), the leading provider of composite pipe technology to support the Energy Transition. TechnipFMC originally acquired an interest in Magma in 2018, combining its strong history in flexible pipe technology with Magma's advanced composite capabilities to develop a disruptive composite pipe solution for the tr
- 10/13/2021
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Oil Service Firms Focus on Digitization to Drive Returns
- For oilfield service providers like Halliburton (HAL), Baker Hughes (BKR) and Schlumberger (SLB), the pandemic has acted as a catalyst in making digital transformation a key part of their strategy.
- 10/13/2021
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TechnipFMC Awarded Substantial Long-term Contract by Petrobras
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a substantial(1) long-term charter and services contract by Petrobras (NYSE: PBR) for the pipelay support vessel Coral do Atlântico. The Brazilian-registered vessel has been secured on a three-year contract, with an option to extend. Operations offshore Brazil are expected to begin in the second quarter of 2022. Coral do Atlântico is an important component of the Company's leading flexible pipe ecosystem
- 10/11/2021
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TechnipFMC Announces Extension of Its Previously Announced Note Tender Offer
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (Paris: FTI) (the “Company”) announced today the extension of its previously announced cash tender offer (the “Tender Offer”) to purchase up to $250 million aggregate principal amount (the “Maximum Tender Amount”) of its 6.500% Senior Notes due 2026 (the “Notes”). The Tender Offer's extended expiration time shall be 11:59 p.m., New York City time, on October 7, 2021 (the “Expiration Time”). As of 5:00 p.m., New York City time, on
- 09/29/2021
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TechnipFMC Announces Third Quarter 2021 Earnings Release and Conference Call
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) will issue its third quarter 2021 earnings release after the close of the New York Stock Exchange on Wednesday, October 20, 2021. The Company will also host its third quarter 2021 earnings conference call on Thursday, October 21, 2021, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/
- 09/28/2021
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FMC Technologies (FTI) Surges 5.8%: Is This an Indication of Further Gains?
- FMC Technologies (FTI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 09/16/2021
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TechnipFMC Announces Early Results in Connection with Its Previously Announced Note Tender Offer; Early Tender Premium Shall Apply through the Expiration Time
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (Paris: FTI) (the “Company”) announced today the results as of 5:00 p.m., New York City time, on September 14, 2021 (the “Early Tender Time”) of its previously announced cash tender offer (the “Tender Offer”) to purchase up to $250 million aggregate principal amount (the “Maximum Tender Amount”) of its 6.500% Senior Notes due 2026 (the “Notes”). As of the Early Tender Time, $164,113,000 aggregate principal amount of the Notes had
- 09/15/2021
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TechnipFMC (FTI) to Sell Off $17.6M Technip Energies Shares
- Following the execution of the transaction, TechnipFMC (FTI) will hold onto a direct interest of 12.3% in Technip Energies' share capital.
- 09/06/2021
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TechnipFMC Announces Sale of Stake in Technip Energies N.V.
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (the “Company”) (NYSE:FTI) (PARIS:FTI) announced today the sale of 17.6 million Technip Energies N.V. shares (the “Shares”) through a private sale transaction (the “Sale”) with HAL Investments, the Dutch investment subsidiary of HAL Holding, N.V (“HAL”). The sale price of the Shares in the Sale is set at €11.15 per Share, yielding total gross proceeds of €196.2 million. HAL has agreed to a lock-up of 180 days for its shares in Technip Energie
- 09/03/2021
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TechnipFMC to Address Attendees at the Barclays CEO Energy-Power Conference
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) announced today that Doug Pferdehirt, Chairman and Chief Executive Officer, will address attendees on Wednesday, September 8, at 10:55 a.m. EDT at the following event: Barclays CEO Energy-Power Conference September 8 – 10, 2021 Location: Virtual Conference The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated wi
- 09/02/2021
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TechnipFMC's Steady Orders And Cash Flow Growth Can Attract Investors
- FTI's Subsea inbound order strengthens, indicating better revenue visibility in 2H 2021. Higher completions activities in the Middle East, North Sea, Americas, and China lead to higher demand for its services.
- 09/02/2021
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TechnipFMC (FTI), DOF Clinch Major Contracts From Petrobras
- TechnipFMC (FTI) and DOF Subsea's Skandi Niteroi will mostly function in shallow water while Skandi Vitoria will operate in both shallow and deep water.
- 09/01/2021
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TechnipFMC Commences Tender Offer For Up To $250 Million Principal Amount of Its Outstanding 6.500% Senior Notes due 2026
- NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (PARIS: FTI) (the “Company”) announced today that it has commenced a tender offer (the “Tender Offer”) for up to $250 million aggregate principal amount (the “Maximum Tender Amount”) of its 6.500% Senior Notes due 2026 (the “Notes”). The terms and conditions of the Tender Offer are set forth in an Offer to Purchase (the “Offer to Purchase”), dated August 31, 2021. The Company intends to fund the Tender Offer with cash on hand. The
- 08/31/2021
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Why Is FMC Technologies (FTI) Down 15.8% Since Last Earnings Report?
- FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock?
- 08/20/2021
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TechnipFMC (FTI) Invests in Marine Minerals for Energy Transition
- TechnipFMC (FTI) is developing a patent-pending, autonomous subsea production system, which would position it for potential offshore licensing for seabed minerals on the NCS and elsewhere.
- 08/17/2021
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TechnipFMC (FTI) to Obtain Remaining 49% Shares in TIOS
- The acquisition is expected to advance the development of TechnipFMC's (FTI) integrated service model, which focuses on maximizing value to customers.
- 08/05/2021
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TechnipFMC plc Announces the Sale of a ca. 9% Stake in Technip Energies N.V.
- LONDON & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (PARIS: FTI): 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 States. This press release is for infor
- 07/29/2021
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TechnipFMC to Acquire Remaining Shares of Joint Venture TIOS
- LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) intends to acquire the remaining 49% of shares in TIOS AS, a joint venture between TechnipFMC and Island Offshore Management AS (Island Offshore) formed in 2018. This will accelerate the development of TechnipFMC's integrated service model focused on maximizing value to our clients. TIOS provides fully integrated Riserless Light Well Intervention (RLWI) services, including project management and engineering
- 07/29/2021
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TechnipFMC plc to Sell Part of its Stake in Technip Energies N.V.
- LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE:FTI) (PARIS:FTI): 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 States. This press relea
- 07/29/2021
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TechnipFMC plc to Sell Part of its Stake in Technip Energies N.V.
- LONDON & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE:FTI) (PARIS:FTI): 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 States. This press release is for informa
- 07/29/2021
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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q2 2021 Results - Earnings Call Transcript
- TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q2 2021 Results - Earnings Call Transcript
- 07/22/2021
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FMC Technologies (FTI) Reports Q2 Loss, Tops Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -500.00% and 4.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/21/2021
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Earnings Preview: TechnipFMC
- TechnipFMC (NYSE:FTI) announces its next round of earnings this Wednesday, July 21. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.
- 07/20/2021
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TechnipFMC (FTI), EDP & Partners to Study Green Hydrogen Output
- The alliance among TechnipFMC (FTI), EDP and other research partners for BEHYOND project will improve Portugal-Norway collaboration and boost Portugal's competitive edge in the growing "blue economy".
- 07/16/2021
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10 Stocks to Buy That Will Double in the Second Half of 2021
- These 10 stocks to buy have strong free cash flow margins and are trading near the S&P 500's year-to-date return. The post 10 Stocks to Buy That Will Double in the Second Half of 2021 appeared first on InvestorPlace.
- 07/16/2021
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FMC Technologies (FTI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- FMC Technologies (FTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/14/2021
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TechnipFMC (FTI) Seals EPCI Deal for Jubilee South East Project
- TechnipFMC (FTI) considers this venture a route to extend its local content by building a number of subsea structures including production and water injection manifolds carried out in Ghana.
- 07/12/2021
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TechnipFMC and Halliburton's Subsea Fiber Optic Solution Selected by OTC and ExxonMobil
- HOUSTON--(BUSINESS WIRE)--TechnipFMC and Halliburton's Subsea Fiber Optic Solution Selected By OTC and ExxonMobil
- 07/07/2021
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TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for Tullow's Jubilee South East Development, Ghana
- LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract for the Jubilee South East development, located offshore Ghana. It will be the company's first iEPCI™ project with Tullow Ghana Ltd. Jubilee South East is an extension to the Jubilee field. The contract builds upon TechnipFMC's established relationship with Tullow and covers supply and offsh
- 07/06/2021
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TechnipFMC (FTI) Clinches Major EPCI Contract From Equinor
- TechnipFMC (FTI) will deliver rigid pipes, static and dynamic umbilicals along with pipeline and marine installation of the subsea production facilities for the Kristin Sor field in North Sea.
- 07/06/2021
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V&M Breakouts: Top Growth & Dividend Stocks For July 2021
- Releasing two top July stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have a 1-year average weighted gain of +29.9%. The best gain is from the May 2020 portfolio, +74.6%.
- 07/05/2021
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TechnipFMC (FTI) Gets Subsea Deal for Petrobras' Buzios Field
- TechnipFMC's (FTI) project delivery will prioritize sustainability. All the subsea trees will be built at its facilities in Brazil, which are fully powered by renewable energy.
- 06/30/2021
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TechnipFMC Awarded a Substantial Subsea Contract for Petrobras' Búzios 6-9 Fields
- LONDON & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) announced today that it has been awarded a substantial(1) subsea contract by Petrobras for the Búzios 6-9 fields. Located in the Santos basin offshore Brazil, these fields are part of the pre-salt area, with a water depth of 2,000 meters. TechnipFMC will supply subsea trees with controls, electrical and hydraulic distribution units, topside systems, and installation and intervention support services with rental tooling. Deli
- 06/29/2021
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TechnipFMC Announces Second Quarter 2021 Earnings Release and Conference Call
- LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) will issue its second quarter 2021 earnings release after the close of the New York Stock Exchange on Wednesday, July 21, 2021. The Company will also host its second quarter 2021 earnings conference call on Thursday, July 22, 2021, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at
- 06/24/2021
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TechnipFMC to Address Attendees at the J.P. Morgan 2021 Energy, Power and Renewables Conference
- LONDON & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Doug Pferdehirt, Chairman and Chief Executive Officer, will address attendees on Tuesday, June 22, at 11:50 a.m. EDT at the following event: J.P. Morgan 2021 Energy, Power and Renewables Conference June 22 – 23, 2021 Location: Virtual Conference The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentatio
- 06/17/2021
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TechnipFMC (FTI) Gains First iEPCI Deal in Brazil From Karoon
- TechnipFMC (FTI) is picked for Karoon Patola project on the back of its widely-acclaimed technical expertise and ability to offer comprehensive and integrated solutions.
- 06/04/2021
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TechnipFMC Awarded First iEPCI™ in Brazil for the Karoon Patola Field
- LONDON & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) today has been awarded its first integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract in Brazil by Karoon Energy (ASX:KAR) for the Patola field development. The contract covers engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals. The project will take place at water depths of 300 meters and will tie back to the existing Baúna
- 06/02/2021
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Why These Oil Stocks Are Soaring Today
- An industry leader is getting increasingly bullish on the oil and gas sector.
- 06/02/2021
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Here Are the Top Performing S&P 500 Energy Stocks From May
- Some of the best-performing S&P 599 constituents in May were energy firms like Baker Hughes (BKR), Schlumberger (SLB), TechnipFMC (FTI), Devon Energy (DVN) and Marathon Petroleum (MPC).
- 06/02/2021
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5 Oilfield Services Stocks Countering Industry Headwinds
- 5 Oilfield Services Stocks Countering Industry Headwinds
- 05/27/2021
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TechnipFMC to Address Attendees at the UBS Global Energy Virtual Conference
- LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Doug Pferdehirt, Chairman and Chief Executive Officer, will address attendees on Wednesday, May 26, at 9:00 a.m. EDT at the following event: UBS Global Energy Virtual Conference May 25 – 26, 2021 Location: Virtual Conference The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation ma
- 05/24/2021
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TechnipFMC: Deep Value In Deep Sea
- TechnipFMC is heavily discounted due to its subsea exposure and poor execution in the past. The company is taking strong steps to shift towards the green economy - leveraging its subsea infrastructure to harness wind and hydro.
- 05/24/2021
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TechnipFMC Awarded a Significant Subsea Contract for Ithaca Energy's Captain EOR Project
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today announced that it has been awarded a significant(1) Engineering, Procurement, Construction and Installation (EPCI) contract from Ithaca Energy (UK) Limited for the Captain Enhanced Oil Recovery (EOR) Project in the UK North Sea. TechnipFMC will design, manufacture, deliver and install subsea equipment including a rigid riser caisson, water injection flexible flowline, umbilicals and associated
- 05/17/2021
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Technip Energies: A Very Undervalued Sustainable Energy Spin-Off Stock With High Upside Potential
- Technip Energies: A Very Undervalued Sustainable Energy Spin-Off Stock With High Upside Potential
- 05/04/2021
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Why Technip FMC Stock Rose as Much as 10% Today
- The energy services company reported earnings, and the results were pretty decent, all things considered.
- 04/28/2021
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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q1 2021 Results - Earnings Call Transcript
- TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q1 2021 Results - Earnings Call Transcript
- 04/28/2021
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FMC Technologies (FTI) Reports Q1 Loss, Tops Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of 70.00% and 9.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/27/2021
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TechnipFMC plc Announces the Sale of a ca. 14% Stake in Technip Energies N.V.
- 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
- 04/26/2021
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TechnipFMC Receives Notice to Proceed for Subsea Contract for Santos Barossa Project Offshore Australia
- 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
- 04/26/2021
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TechnipFMC's Earnings: A Preview
- 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.
- 04/26/2021
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TechnipFMC Announces First Quarter 2021 Earnings Release and Teleconference Schedule
- 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
- 04/05/2021
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TechnipFMC (FTI) Partners Bombora for Floating Wave-Wind Power
- 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.
- 04/05/2021
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TechnipFMC and Bombora Form Strategic Partnership to Develop a Floating Wave and Wind Power Project
- 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
- 04/01/2021
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Digital Adoption: The Key to Oil Service Firms' New Approach
- For oilfield service providers like Halliburton (HAL), Baker Hughes (BKR) and Schlumberger (SLB), the pandemic has acted as a catalyst in making digital transformation a key part of their strategy.
- 03/29/2021
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TechnipFMC (FTI) Partners Magnora to Form Floating Wind Power
- The alliance will grow on Magnora's supremacy in the renewable energy space along with TechnipFMC'S (FTI) capabilities.
- 03/19/2021
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TechnipFMC Enters Partnership with Magnora to Develop Floating Offshore Wind Projects
- 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
- 03/17/2021
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Subsea 7: The Trend Is Your Friend And So Are The Fundamentals
- Subsea 7: The Trend Is Your Friend And So Are The Fundamentals
- 03/07/2021
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TechnipFMC Appoints Sophie Zurquiyah to its Board of Directors
- 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
- 03/01/2021
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TechnipFMC (FTI) Q4 Earnings Miss, Revenues Top Estimates
- TechnipFMC's (FTI) fourth-quarter inbound orders improve 54.7% from the year-ago quarter to $4.20 billion.
- 03/01/2021
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TechnipFMC: A Joel Greenblatt-Type Special Situation Worth Buying
- 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.
- 02/28/2021
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TechnipFMC (FTI) Wins Major iEPCI Contract in Offshore Malaysia
- 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.
- 02/26/2021
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Why TechnipFMC Stock Is Rallying Today
- The energy technology company sees a bright future.
- 02/25/2021
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TechnipFMC's (FTI) CEO Doug Pferdehirt on Q4 2020 Results - Earnings Call Transcript
- TechnipFMC's (FTI) CEO Doug Pferdehirt on Q4 2020 Results - Earnings Call Transcript
- 02/25/2021
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TechnipFMC Fourth Quarter 2020 Earnings Call Presentation
- 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
- 02/24/2021
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FMC Technologies (FTI) Lags Q4 Earnings Estimates
- 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?
- 02/24/2021
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TechnipFMC Announces Fourth Quarter 2020 Results
- 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
- 02/24/2021
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TechnipFMC Receives Integrated EPCI (iEPCI™) Letter of Award (LOA) for Energean's Karish North Development in Israel
- 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:
- 02/23/2021
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Preview: TechnipFMC's Earnings
- On Wednesday, February 24, TechnipFMC (NYSE:FTI) will release its latest earnings report. Benzinga's outlook for TechnipFMC is included in the following report.
- 02/23/2021
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TechnipFMC's subsidiary, FMC Wellhead Equipment Sdn. Bhd. Awarded a Contract by PETRONAS Carigali for Limbayong Deepwater Development Project in Offshore Malaysia
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) is pleased to announce that its subsidiary, FMC Wellhead Equipment Sdn. Bhd. (TechnipFMC) has been awarded a substantial(1) contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali), a subsidiary of PETRONAS for the provision of front-end engineering design, and integrated engineering, procurement, construction, installation and commissioning of subsea production system, umbilicals, risers and f
- 02/22/2021
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TechnipFMC Stock Has Room For More Growth
- The shares of TechnipFMC have gained 57% from the lows observed last year, supported by stable revenues and positive operating cash during the first nine months of FY2020. The company provides technology and services for the development of deepwater, conventional, and unconventional energy.
- 02/22/2021
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TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the Development of North El Amriya and North Idku (NEA/NI)
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) integrated Engineering Procurement Construction and Installation (iEPCI™) contract by NIpetco and PetroAmriya, two Joint Ventures between Energean and Egyptian Natural Gas Holding Company (EGAS) and Egyptian General Petroleum Corporation (EGPC) for a subsea tieback located offshore Egypt on the North El Amriya and North Idku concession. TechnipFMC w
- 02/17/2021
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TechnipFMC Completes Separation of Two Industry-Leading, Independent, Publicly Traded Companies
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) TechnipFMC today announced the completion of its spin-off transaction to create two industry leading, independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies technical reference price was set at €9.00 ahead of its direct listing on the Euronext Paris Exchange where it will trade under the symbol “TE”.1 Doug P
- 02/15/2021
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TechnipFMC (FTI) JV Clinches Massive LNG Contract in Qatar
- TechnipFMC's (FTI) joint venture receives a $28.7B EPCC contract from Qatar Petroleum to manufacture 4 mega LNG trains, with a capacity of 8 million tonnes per annum of LNG.
- 02/10/2021
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S&P 500 To Remove TechnipFMC Post Spin-Off, Add Monolithic Power Systems
- S&P MidCap 400 component Monolithic Power Systems Inc. (NASD: MPWR) will replace TechnipFMC plc (NYSE: FTI) in the S&P 500. S&P SmallCap 600 constituent Iridium Communications Inc. (NASD: IRDM) will replace Monolithic Power Systems in the S&P MidCap 400, and Collegium Pharmaceutical Inc. (NASD: COLL) will replace Iridium Communications in the S&P SmallCap 600 effective February 12.
- 02/09/2021
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TechnipFMC Announces Approval of the European Prospectus Relating to the Listing of Technip Energies Shares on Euronext Paris
- LONDON, & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today announced that the Dutch Authority for the Financial Markets (Stichting Autoriteit Financiële Markten) has approved the prospectus relating to the admission to listing and trading of the shares of Technip Energies N.V. (“Technip Energies”) on the regulated market of Euronext Paris (the “European Prospectus”) in connection with its announced separation into two industry-le
- 02/09/2021
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Technip Energies and Chiyoda Awarded a Major LNG Contract for the North Field East Project in Qatar
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) is pleased to announce that CTJV, a joint venture between Chiyoda Corporation (“Chiyoda”) and Technip Energies, has been awarded a major(1) Engineering, Procurement, Construction and Commissioning (“EPCC”) contract by Qatar Petroleum for the onshore facilities of the North Field East Project (“NFE”). This award will cover the delivery of 4 mega trains, each with a capacity of 8 million tons per annu
- 02/09/2021
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TechnipFMC Announces Fourth Quarter 2020 Earnings Release and Teleconference Schedule
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) will issue its fourth quarter 2020 earnings release after the close of the New York Stock Exchange on Wednesday, February 24, 2021. The Company will also host its fourth quarter 2020 earnings release teleconference on Thursday, February 25, 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 a
- 02/08/2021
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TechnipFMC Announces Record and Distribution Dates for Separation into Two Industry-leading, Independent, Publicly Traded Companies
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) (ISIN:GB00BDSFG982) today announced the timing and details regarding its previously announced separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player (“Technip Energies”). The transaction is structured as a spin-off of a majority stake in Technip
- 02/04/2021
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Technip Energies Capital Markets Day – The Creation of a Leading Engineering & Technology Company for the Energy Transition
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982): ADVERTISEMENT. This announcement is an advertisement relating to the intention of the Company (as defined below) to proceed with the listing and admission of shares in Technip Energies (the "Shares") on Euronext Paris (the "Listing"). This announcement does not constitute a prospectus. If and when the Listing is launched, further details about the Listing will be included in a pros
- 01/28/2021
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TechnipFMC Announces Pricing of $1,000,000,000 Senior Notes
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) (ISIN:GB00BDSFG982), in anticipation of the previously announced planned separation (the “Spin-off”) into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider, and Technip Energies, a leading engineering and technology player, announced today that TechnipFMC priced its previously announced offering of $1,000,000,000 aggregat
- 01/22/2021
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TechnipFMC to Host Capital Markets Day Dedicated to Technip Energies on January 28, 2021
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) (the “Company” or “TechnipFMC”) today announced that it will host a Capital Markets Day dedicated to Technip Energies B.V. (“Technip Energies”) in connection with the Company's previously announced plan to separate into two industry-leading independent, publicly traded companies: TechnipFMC and Technip Energies. The transaction is expected to be structured as a spin-off of a maj
- 01/20/2021
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TechnipFMC plc announces filing of Current Report on Form 8-K disclosing certain information contained in the confidential preliminary offering memorandum dated January 19, 2021
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (“TechnipFMC”) (NYSE: FTI) (Paris: FTI) (ISIN: GB00BDSFG982) announces that on 19 January 2021, it filed a Current Report on Form 8-K (the “Form 8-K”) under the U.S. Securities Exchange Act of 1934, as amended, with the U.S. Securities and Exchange Commission (the “SEC”) disclosing that certain information contained in the confidential preliminary offering memorandum dated January 19, 2021 (the “Offering Memorandum”) to
- 01/19/2021
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TechnipFMC Announces Offering of $850,000,000 Senior Notes
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) (ISIN:GB00BDSFG982) , in anticipation of the previously announced planned separation (the “Spin-off”) into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider, and Technip Energies, a leading engineering and technology player, announced today that TechnipFMC intends to offer $850,000,000 aggregate principal amount of senior
- 01/19/2021
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TechnipFMC Announces Executive Leadership Change
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Alf Melin has been named Executive Vice President and Chief Financial Officer, effective January 25, 2021. Mr. Melin has been with the Company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as Senior Vice President, Finance Operations, where he is responsible for the Company's global finance activit
- 01/12/2021
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TechnipFMC Announces Resumption of Activities Toward Separation into Two Industry-Leading, Independent, Publicly Traded Companies
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (the “Company”) (NYSE: FTI) (Paris: FTI) (ISIN:GB00BDSFG982) today announced the resumption of activities toward its planned separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player. The separation would enhance TechnipFMC's and Technip Energies' focus on their respective
- 01/07/2021
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10 Worst Performing S&P 500 Stocks Of 2020
- The S&P 500 delivered one of its surprising years in recent history in 2020, gaining more than 15%. Most U.S. investors had a lot of winners in their portfolios this year, but some stocks certainly performed better than others.
- 01/01/2021
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Can These 4 Stock Market Laggards Bounce Back in 2021?
- Investors in these companies can't wait for 2020 to end.
- 12/30/2020
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Energy Stocks Rally as U.S. Crude & Fuel Inventories Drop
- The energy sector was the leading S&P performer yesterday with the notable movers being Diamondback Energy (FANG), Marathon Oil (MRO), Occidental Petroleum (OXY), TechnipFMC (FTI) and Devon Energy (DVN).
- 12/24/2020
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These 4 S&P 500 Stocks Have Lost 50% in 2020
- The COVID-19 pandemic has pushed share prices on some stocks much higher so far in 2020, while others have been hammered by the impact the pandemic has had on consumers.
- 12/17/2020
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TechnipFMC: Buy The Dip
- TechnipFMC continues to build strong backlog in its two largest sectors. TechnipFMC manages the dividend well and will likely increase the dividend when it is safe to do so.
- 12/02/2020
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TechnipFMC commences work on the New Hydrocracking Complex in Egypt for Assiut National Oil Processing Company (ANOPC)
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt. As previously announced, this major(1) EPC contract covers new process units such as a Vacuum Distillation Unit
- 11/30/2020
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TechnipFMC to Address Attendees at the Berenberg European Conference
- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Arnaud Pieton, President Technip Energies, will address attendees on Monday, November 30, at 3:00 p.m. GMT at the following event: Berenberg European Conference November 30 – December 4, 2020 Location: Virtual Conference The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentatio
- 11/27/2020
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Is $50 a Barrel the Next Stop for Rallying Crude Prices?
- The top gainers of the S&P 500 during the past month are all energy firms - Occidental Petroleum (OXY), Devon Energy (DVN), Diamondback Energy (FANG), Apache (APA) and TechnipFMC (FTI).
- 11/27/2020
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Tracking Alex Roepers' Atlantic Investment Management Portfolio - Q2 2020 Update
- Atlantic Investment Management’s 13F portfolio value increased from $177M to $204M. The number of positions decreased from 18 to 9.
- 09/01/2020
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TechnipFMC wins Subsea EPCI for the Libra Consortium’s Mero 2 Project, operated by Petrobras in Brazil
- TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), for the pre-salt Mero field, located in the Santos Basin (Brazil) at 2,100 meters deep.
- 08/20/2020
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TechnipFMC plc: Notification of Major Interest in Shares
- Regulatory News:
- 08/14/2020
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TechnipFMC plc: Availability of Half-Year Financial Report for the Period Ended 30 June 2020
- Regulatory News:
- 08/14/2020
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TechnipFMC plc: Notification of Major Interest in Shares
- Regulatory News:
- 08/13/2020
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TechnipFMC plc: Filing of Preliminary Prospectus Supplement
- Regulatory News:
- 08/12/2020
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First Eagle Investment Exits Omnicom, Cuts Weyerhaeuser
- Firm's largest trades of the 2nd quarter Continue reading...
- 08/12/2020
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TechnipFMC plc: Availability of Registration Statement on Form S-3
- Regulatory News:
- 08/04/2020
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TechnipFMC plc: Availability of Quarterly Report on Form 10-Q for the Three and Six Month Periods Ended 30 June 2020
- Regulatory News:
- 07/31/2020
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TechnipFMC plc: Total Voting Rights and Share Capital
- Regulatory News:
- 07/31/2020
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TechnipFMC (FTI) Q2 2020 Earnings Call Transcript
- FTI earnings call for the period ending June 30, 2020.
- 07/31/2020
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TechnipFMC plc 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by TechnipFMC plc in conjunction with their 2020 Q2 earnings call.
- 07/30/2020
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TechnipFMC's (FTI) CEO Doug Pferdehirt on Q2 2020 Results - Earnings Call Transcript
- TechnipFMC plc (NYSE:FTI) Q2 2020 Earnings Conference Call July 30, 2020 8:00 AM ET Company Participants Matt Seinsheimer – Investor Relations Doug Pferdehirt – Chairman and Chief Executive Officer Maryann Mannen – Executive Vice President and Chief Financial Officer Catherine MacGregor – President-Technip Energies Conference Call Participants Michael Alsford – Citi Marc Bianchi – Cowen Amy Wong – UBS Sean Meakim – JPMorgan Kurt Hallead – RBC Waqar Syed – ATB Capital Markets Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to the TechnipFMC Second Quarter 2020 Earnings Conference Call.
- 07/30/2020
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TechnipFMC (FTI) Q2 Earnings and Revenues Top Estimates
- In the second quarter, TechnipFMC's (FTI) inbound orders plummet 86.3% from the year-ago period to $1.53 billion.
- 07/30/2020
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FMC Technologies (FTI) Beats Q2 Earnings and Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of 50.00% and 2.95%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2020
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TechnipFMC Second Quarter 2020 Earnings Call Presentation
- Regulatory News:
- 07/29/2020
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Recap: TechnipFMC Q2 Earnings
- Shares of TechnipFMC (NYSE:FTI) moved higher by 2.46% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 76.92% year over year to $0.09, which beat the estimate of $0.06.Revenue of $3,159,000,000 decreased by 8.01% from the same period last year, which beat the estimate of $3,110,000,000.Looking Ahead TechnipFMC hasn't issued any earnings guidance for the time being.View more earnings on FTITechnipFMC hasn't issued any revenue guidance for the time being.Technicals 52-week high: $28.5752-week low: $4.49Price action over last quarter: Unchanged 0.00%Company Overview TechnipFMC is the largest provider of integrated deep-water offshore oil and gas development solutions, offering the full spectrum of subsea equipment and subsea engineering and construction services. Additionally, the company provides various oil and gas onshore engineering and construction services, with a long-standing expertise in delivering liquefied natural gas projects.See more from Benzinga * Earnings Scheduled For July 29, 2020 * TechnipFMC's Earnings: A Preview * 13 Energy Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/29/2020
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TechnipFMC's Earnings: A Preview
- TechnipFMC (NYSE: FTI) unveils its next round of earnings this Wednesday, July 29. Here is Benzinga's everything-that-matters guide for the earnings announcement.Earnings and Revenue Analysts predict TechnipFMC will report earnings of $0.06 per share on revenue of $3.11 billion. In the same quarter last year, TechnipFMC reported EPS of $0.390 on revenue of $3.43 billion. If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be down 84.62%. Sales would have fallen 7.72% from the same quarter last year. TechnipFMC's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019 EPS Estimate 0.22 0.42 0.50 0.35 EPS Actual -0.11 0.03 0.12 0.39 Revenue Estimate 3.37 B 3.81 B 3.52 B 3.25 B Revenue Actual 3.13 B 3.73 B 3.33 B 3.43 B Stock Performance Shares of TechnipFMC were trading at $7.805 as of July 28. Over the last 52-week period, shares are down 71.93%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.View more earnings on FTIDon't be surprised to see the stock move on comments made during its conference call. TechnipFMC is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/r2gcbxhiSee more from Benzinga * 13 Energy Stocks Moving In Thursday's Pre-Market Session * 13 Energy Stocks Moving In Tuesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/28/2020
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The Dollar Is Dropping. What It Means and Which Stocks Might Gain.
- Currency strategists see more declines ahead. That could call for a different playbook for investors, including more foreign holdings.
- 07/28/2020
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4 Oil & Gas Earnings to Watch on Jul 29: FTI, CXO, APA & HES
- Lower oil and gas prices are expected to have hurt hurt Q2 earnings of energy companies.
- 07/28/2020
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Factors Setting the Tone for TechnipFMC (FTI) in Q2 Earnings
- Softness in North American activity due to the coronavirus pandemic, which caused a crude price crash is expected to have hurt TechnipFMC's (FTI) Surface segment top line in Q2.
- 07/24/2020
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TechnipFMC plc: Notification of Major Interest in Shares
- Regulatory News:
- 07/23/2020
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FMC Technologies (FTI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- FMC Technologies (FTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/22/2020
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TechnipFMC (NYSE:FTI) Has A Somewhat Strained Balance Sheet
- Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- 07/21/2020
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TechnipFMC plc: PDMR Notification
- Regulatory News:
- 07/15/2020
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TechnipFMC: More Challenges Ahead
- FTI's Q1 2020 revenue fell 16% Q/Q. EBITDA was down over 50% as margins faltered.
- 07/14/2020
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Halliburton (HAL) With TechnipFMC Launches Odassea Technology
- In the newly-unveiled Odassea technology, Halliburton (HAL) will be responsible for the fiber optic sensing technology, completions and analysis for reservoir diagnostics.
- 07/13/2020
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Did Hedge Funds Make The Right Call On TechnipFMC plc (FTI) ?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 07/11/2020
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Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service
- Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge.
- 07/09/2020
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TechnipFMC (FTI) Wins Major EPC Contract From Assiut in Egypt
- The contract with Assiut emphasizes TechnipFMC's (FTI) close liaison with the Egyptian petroleum sector and further boosts its capacity in delivering complex projects within the African country.
- 07/08/2020
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TechnipFMC Spikes 11% After-Hours On $1B+ Egypt Contract
- Shares in TechnipFMC (FTI) spiked 11% in Tuesday’s after-hours trading after the company announced a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.TechnipFMC clarified that a “major” contract is over $1 billion.The contract covers new process units such as a Vacuum Distillation Unit, a Diesel Hydrocracking Unit, a Delayed Coker Unit, a Distillate Hydrotreating Unit as well as a Hydrogen Production Facility Unit using TechnipFMC’s steam reforming technology. The project also includes other process units, interconnecting, offsites and utilities.According to the statement, the plan is to transform lower-value petroleum products from Assiut Oil Refining Company’s (ASORC) nearby refinery into approximately 2.8 million tons per year of cleaner products, such as Euro 5 diesel.“This award demonstrates TechnipFMC’s long-standing relationship with the Egyptian petroleum sector and strengthens our expertise in the delivery of complex projects in the country” commented Catherine MacGregor, President of Technip Energies.She added: “Assiut is considered one of the major strategic projects needed to meet growing local demand for cleaner products, and we are extremely honored to have been selected by ANOPC to contribute to the largest refining project to be implemented in Upper Egypt.”TechnipFMC says it is currently working with ANOPC to complete the remaining conditions precedent so that the project can start.Shares in FTI have plunged 67% year-to-date, and analysts have a cautiously optimistic Moderate Buy consensus on the stock- with 10 recent buy ratings, 3 hold ratings and 1 sell rating. That’s with a $10 average analyst price target (40% upside potential). (See FTI stock analysis on TipRanks).On the bull side comes RBC Capital Kurt Hallead with a buy rating and $12 price target. “FTI offers an absolute and relative value proposition for investors who are willing to focus on mid-cycle earnings power post the COVID-19 and oil price collapse challenges” the analyst stated, noting that the company has a strong balance sheet and ample liquidity.Related News: Billionaire Buffett’s Energy Unit To Buy Dominion Energy Assets For $4B AMC Pops 12% In After-Market Amid Report Of New Restructuring Deal Sunrun To Buy Vivint Solar For About $1.46B In All-Stock Deal More recent articles from Smarter Analyst: * AMC Pops 12% In After-Market Amid Report Of New Restructuring Deal To Avert Bankruptcy * Synaptics Snaps Up AVGO Wireless IoT Rights; Analyst Upgrades Stock * DocuSign Buys Liveoak For $38M To Boost New Notary Offering * Uber Launching Grocery Delivery Service In Latin America, Canada, And US
- 07/08/2020
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TechnipFMC Signs a Major Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt
- TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has signed a major(1) Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.
- 07/07/2020
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TechnipFMC plc: PDMR Notification
- Regulatory News:
- 07/01/2020
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Wednesday Morning Market Highlights
- Markets trade in the green as General Mills falls on earnings report Continue reading...
- 07/01/2020
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TechnipFMC Enters into €150,000,000 Private Offering of 4.50% Notes due 2025
- Regulatory News:
- 06/30/2020
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TechnipFMC plc: Total Voting Rights and Share Capital
- Regulatory News:
- 06/30/2020
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Availability of Form 11-K for the TechnipFMC Retirement Savings Plan for the Fiscal Year Ended 31 December 2019
- Regulatory News:
- 06/29/2020
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TechnipFMC plc: Availability of Post-Effective Amendment No.1 to Form S-8 Registration Statement
- Regulatory News:
- 06/29/2020
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TechnipFMC Announces Second Quarter 2020 Earnings Release and Teleconference Schedule
- Regulatory News:
- 06/24/2020
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TechnipFMC plc: Notification of Major Interest in Shares
- Regulatory News:
- 06/18/2020
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TechnipFMC plc: Notification of major interest in shares
- Regulatory News:
- 06/18/2020
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TechnipFMC Amends $2.5B Credit Facility & EUR 500M Facility
- The amendments authorise TechnipFMC (FTI) to take into account $3.2 billion of goodwill for the calculation of consolidated net worth.
- 06/17/2020
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TechnipFMC Enters Into Amendments to Revolving Credit Facility Agreements
- Regulatory News:
- 06/15/2020
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TechnipFMC to Address Attendees at the J.P. Morgan Virtual 2020 Energy, Power & Renewables Conference
- Regulatory News:
- 06/11/2020
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Shares of several energy companies are trading lower as oil prices dip. Concerns of a second wave of the coronavirus have caused economic uncertainty and clouded demand outlook, while a recent build in US crude inventories has led to continued oversupply concerns.
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Shares of several energy companies are trading lower as equities sell off following the recent rally. Stocks have rallied over the past week amid optimism towards the US economy reopening and investors have potentially taken some profits following the run up.
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Shares of several energy companies are trading higher after OPEC+ agreed to extend production cuts into July.
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TechnipFMC plc (FTI): Hedge Funds De-risking
- In this article we will check out the progression of hedge fund sentiment towards TechnipFMC plc (NYSE:FTI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
- 06/08/2020
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TechnipFMC plc (FTI): Hedge Funds De-risking
- In this article we will check out the progression of hedge fund sentiment towards TechnipFMC plc (NYSE:FTI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
- 06/06/2020
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Shares of several energy companies are trading higher amid a gain in oil prices following positive US jobs data and as investors await the OPEC+ conference, hoping for output cuts.
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TechnipFMC to Address Attendees at the Wells Fargo Securities Virtual West Coast Energy Conference
- Regulatory News:
- 06/04/2020
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TechnipFMC to Address Attendees at the Exane BNP Paribas 22nd European CEO Conference
- Regulatory News:
- 06/03/2020
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Shares of several oil and energy companies are trading higher amid multiple positive catalysts. Economic recoveries in the US and China have lead to a positive demand outlook, while investors also watch for developments concerning OPEC+ production cut talks.
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Are Investors Undervaluing TechnipFMC plc (NYSE:FTI) By 40%?
- Does the June share price for TechnipFMC plc (NYSE:FTI) reflect what it's really worth? Today, we will estimate the...
- 06/03/2020
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Should Value Investors Buy TechnipFMC (FTI) Stock?
- Antipodes Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Antipodes Global Fund posted a return of -5.3% for the quarter, outperforming its benchmark, the MSCI AC World Net Index which returned -9.7% in the same quarter. You should check out Antipodes Partners top 5 stock picks […]
- 06/03/2020
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Should Value Investors Buy TechnipFMC (FTI) Stock?
- Antipodes Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Antipodes Global Fund posted a return of -5.3% for the quarter, outperforming its benchmark, the MSCI AC World Net Index which returned -9.7% in the same quarter. You should check out Antipodes Partners top 5 stock picks […]
- 06/02/2020
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13 Energy Stocks Moving In Tuesday's Pre-Market Session
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TechnipFMC plc: Total Voting Rights and Share Capital
- Regulatory News:
- 05/29/2020
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TechnipFMC plc: Availability of Specialized Disclosure Report on Form SD for the Fiscal Year Ended December 31, 2019
- Regulatory News:
- 05/28/2020
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Shares of several energy companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses.
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UBS Maintains Buy on TechnipFMC, Raises Price Target to $10.25
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FMC Technologies (FTI) Down 5.8% Since Last Earnings Report: Can It Rebound?
- FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 05/22/2020
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TechnipFMC Announces Entry Into a £600 Million European Commercial Paper Program Under the Bank of England’s COVID Corporate Financing Facility and Entry Into a €500 Million Senior Unsecured Revolving Credit Facility
- Regulatory News:
- 05/21/2020
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Shares of several oil stocks are trading higher amid an increase in the price of oil driven by greater-than-expected production cuts.
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Atlantic Investment Management Inc Buys Oshkosh Corp, DXC Technology Co, TechnipFMC PLC, Sells ...
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Benzinga's Top Upgrades, Downgrades For May 14, 2020
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TechnipFMC shares are trading lower after Jefferies downgraded the company's stock from Hold to Underperform and lowered its price target from $7 to $6.
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TechnipFMC plc: Notification Of Major Interest in Shares
- Regulatory News:
- 05/13/2020
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Why These 3 Oil Sector Stocks Rose More Than 30% in April
- Shares of oil-field services stocks Oceaneering International (NYSE: OII), Apergy (NYSE: APY), and TechnipFMC (NYSE: FTI) all jumped more than 30% in April, according to data provided by S&P; Global Market Intelligence. Technip, which provides general services for oil producers, saw its share price rise 32.2% in April. Onshore drilling specialist Apergy's shares soared 60.2%, while the stock of subsea services provider Oceaneering International skyrocketed 74.8% for the month.
- 05/12/2020
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CWM Advisors, LLC Buys Accenture PLC, China Telecom Corp, Trip. ...
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Russian group hires TechnipFMC to design $10 bln LNG plant
- Russian investment group A-Property has hired energy services company TechnipFMC to design a $10 billion liquefied natural gas operation in the north of the country that it hopes to complete by 2025 and sell LNG to Asia. A-Property spokeswoman Anastasia Kharitonova told Reuters that the plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment. The LNG plant will aim to produce 13 million tonnes of LNG per year at maximum capacity and will be located relatively close to the Chinese border.
- 05/05/2020
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TechnipFMC plc: Availability of Quarterly Report on Form 10-Q for the three months ended 31 March 2020
- REGULATORY NEWS:
- 05/04/2020
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TechnipFMC plc: Notification of Major Interest in Shares 4 May 2020
- Regulatory News:
- 05/04/2020
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Shares of several oil and gas companies are trading lower on market weakness as investor uncertainty grows following quarterly earnings results from multiple companies.
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TechnipFMC plc: Total Voting Rights and Share Capital
- Regulatory News:
- 04/30/2020
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Oil & Gas Stock Roundup: BP, Kinder Morgan & Baker Hughes Report Q1 Earnings
- BP plc (BP) missed earnings estimates, Kinder Morgan (KMI) reported in line, while Baker Hughes (BKR) came out with better-than-expected bottom-line number.
- 04/30/2020
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16 Energy Stocks Moving In Thursday's Pre-Market Session
- Gainers
• QEP Resources, Inc. (NYSE:QEP) shares moved upwards by 92.08% to $1.31 during Thursday's pre-market session. The most recent rating by Piper Sandler, on Mar 31...
- 04/30/2020
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Piper Sandler Weighs in on TechnipFMC PLC's Q3 2020 Earnings (NYSE:FTI)
- TechnipFMC PLC (NYSE:FTI) – Investment analysts at Piper Sandler increased their Q3 2020 earnings estimates for shares of TechnipFMC in a research report issued on Monday, April 27th. Piper Sandler analyst B. Herbert now anticipates that the oil and gas company will post earnings of $0.07 per share for the quarter, up from their prior […]
- 04/30/2020
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Shares of several energy companies are trading lower despite a rise in oil prices on investor hopes of a demand rebound.
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FMC Technologies, Inc. -- Moody's confirms TechnipFMC's Baa2 rating; negative outlook
- Moody's Investors Service (Moody's) confirmed TechnipFMC plc's (TechnipFMC) Baa2 issuer rating. Moody's also confirmed the Baa2 rating on TechnipFMC's EUR 450 million unsecured convertible bonds due 2021 and $500 million senior unsecured notes due 2022.
- 04/29/2020
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Shares of several oil companies are trading higher as oil prices gain after EIA reported a smaller-than-expected build in crude inventories. Positive sentiment also potentially being driven by some US states reopening and positive trial data from Gilead's coronavirus treatment candidate.
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TechnipFMC's Onshore Business Dips, But Backlog Provides Some Stability
- Pricing pressure in the onshore market in North America will keep the margin lower in the short term. FTI has restructured costs and reduced dividend to preserv
- 04/28/2020
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Q2 2020 EPS Estimates for TechnipFMC PLC (NYSE:FTI) Reduced by Piper Sandler
- TechnipFMC PLC (NYSE:FTI) – Stock analysts at Piper Sandler decreased their Q2 2020 EPS estimates for shares of TechnipFMC in a research report issued to clients and investors on Monday, April 27th. Piper Sandler analyst B. Herbert now expects that the oil and gas company will post earnings of $0.08 per share for the quarter, […]
- 04/28/2020
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Kepler Capital Downgrades TechnipFMC (FTI) to Hold
- In a report released yesterday, Bertrand Hodee from Kepler Capital downgraded TechnipFMC (FTI – Research Report) to Hold, with a
- 04/28/2020
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TechnipFMC PLC (NYSE:FTI) Stake Lowered by LS Investment Advisors LLC
- LS Investment Advisors LLC reduced its stake in shares of TechnipFMC PLC (NYSE:FTI) by 21.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,832 shares of the oil and gas company’s stock after selling 5,850 shares during the period. LS […]
- 04/27/2020
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FY2023 Earnings Forecast for TechnipFMC PLC Issued By G.Research (NYSE:FTI)
- TechnipFMC PLC (NYSE:FTI) – Investment analysts at G.Research lowered their FY2023 earnings estimates for shares of TechnipFMC in a research note issued on Friday, April 24th. G.Research analyst S. Wong now forecasts that the oil and gas company will earn $1.35 per share for the year, down from their previous estimate of $1.40. Several other […]
- 04/27/2020
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Wells Fargo Maintains Overweight on TechnipFMC, Lowers Price Target to $13
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FY2021 Earnings Forecast for TechnipFMC PLC (NYSE:FTI) Issued By Capital One Financial
- TechnipFMC PLC (NYSE:FTI) – Capital One Financial reduced their FY2021 earnings estimates for shares of TechnipFMC in a research report issued to clients and investors on Wednesday, April 22nd. Capital One Financial analyst L. Lemoine now forecasts that the oil and gas company will earn $0.85 per share for the year, down from their prior […]
- 04/26/2020
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TechnipFMC (NYSE:FTI) Shares Gap Down Following Analyst Downgrade
- TechnipFMC PLC (NYSE:FTI)’s stock price gapped down prior to trading on Friday after Berenberg Bank lowered their price target on the stock from $12.50 to $11.50. The stock had previously closed at $7.85, but opened at $7.71. Berenberg Bank currently has a buy rating on the stock. TechnipFMC shares last traded at $7.79, with a […]
- 04/26/2020
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TechnipFMC Shows Investors the Sorry State of Energy
- As the market predicted, earnings for this massive oil and gas contractor weren't pretty.
- 04/25/2020
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TechnipFMC plc: Results of 2020 Annual General Meeting of Shareholders
- Regulatory News:
- 04/24/2020
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Shares of several energy companies are trading higher as oil prices continue to rebound amid increasing expectations the U.S. will cut production.
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Analysts Offer Insights on Services Companies: Cargotec (Other OTC: CYJBF), TechnipFMC (NYSE: FTI) and Elis SA (Other OTC: ELSSF)
- Analysts have been eager to weigh in on the Services sector with new ratings on Cargotec (CYJBF – Research Report),
- 04/24/2020
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TECHNIPFMC (FTI) Q1 2020 Earnings Call Transcript
- FTI earnings call for the period ending March 31, 2020.
- 04/24/2020
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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q1 2020 Results - Earnings Call Transcript
- TechnipFMC plc (NYSE:FTI) Q1 2020 Results Earnings Conference Call April 23, 2020 8:00 AM ET Company Participants Matthew Seinsheimer - Vice President-Investor
- 04/23/2020
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TechnipFMC laments virus' impact, says two vessels could not run
- Two offshore vessels were not able to operate for unspecified period of time as crews were not available because of COVID-19 travel restrictions, TechnipFMC (FTI -3.7%) CEO Doug Pferdehirt said during
- 04/23/2020
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Global Produced Water Treatment Markets, 2020-2024 - Secondary Separation Dominates on Account of Growing Environmental Concerns Related to Benzene, Toluene and Xylene in the Oil & Gas Industry - ResearchAndMarkets.com
- The "Global Produced Water Treatment Market, By Source (Crude Oil & Natural Gas), By Service (Primary Separation, Secondary Separation, Tertiary Separation & Others), By Application (Onshore & Offshore), By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com
- 04/23/2020
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Stock Market News for Apr 23, 2020
- U.S. stocks gained strength on Wednesday, thanks to investors' optimism over rebound in oil prices.
- 04/23/2020
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38 Stocks Moving in Thursday's Pre-Market Session
- Gainers
Oasis Petroleum Inc. (NYSE: OAS) shares rose 64.6% to $0.47 in pre-market trading.
Whiting Petroleum Corporation (NYSE: WLL) rose 39.8% to $1.17 in pre-market trading...
- 04/23/2020
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TechnipFMC (FTI) Q1 Earnings and Revenues Miss Estimates
- TechnipFMC's (FTI) order backlog increases to $21.9 billion in the first quarter, improving 23.5% from the year-ago level.
- 04/23/2020
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TechnipFMC (FTI) Q1 Earnings and Revenues Miss Estimates
- TechnipFMC's (FTI) order backlog increases to $21.9 billion in the first quarter, improving 23.5% from the year-ago level.
- 04/23/2020
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TechnipFMC Plc to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / April 23, 2020 / TechnipFMC Plc (NYSE:FTI) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 23, 2020 at 8:00 AM Eastern ...
- 04/23/2020
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Plunging value of oil business stings five energy giants in first quarter
- Five of the largest energy companies posted billions of dollars in losses as the collapse of oil prices reduced the value of idled equipment by $30 billion — and dozens more companies are expected to do the same over the next two weeks. Houston pipeline operator Kinder Morgan and oilfield service giants Baker Hughes and TechnipFMC on paper reduced the value of assets by a total of $20 billion as they reported combined quarterly losses of $13.6 billion. Two days earlier, Houston oil-field services company Halliburton reduced the value of its assets by $1.1 billion, pushing the company to a $1 billion loss for the first quarter. Its rival and world’s largest oil-field services company, Schlumberger, on Friday reduced the value of equipment by $8.5 billion and then reported a three-month loss of $7.4 billion. Pearce Hammond, an analyst with the Houston energy investment bank Simmons Energy, said Wall Street focuses more on a company’s free cash flow and operating income than so-called write-downs. Similar to how a new car depreciates as you drive it off the lot, if it’s damaged in an accident, the value drops further, Hammond said. The same happens to oil field equipment, and in this case, the oil price crash slashed the value of the equipment and, accordingly, the company, he said. The first-quarter earnings for the five companies took hits when West Texas Intermediate, the U.S. benchmark, fell from around $60 in January to about $20 at the end of the quarter. The decline was enough to force companies to write down the idled equipment. “You’re going to see more of those write-offs as earnings season...
- 04/23/2020
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TechnipFMC First Quarter 2020 Earnings Call Presentation
- Regulatory News:
- 04/23/2020
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TechnipFMC shares are trading lower after the company reported worse-than-expected Q1 EPS and sales results.
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TechnipFMC cuts executive pay and dividend as pandemic fallout bites
- Oil services company TechnipFMC said on Wednesday it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak.
- 04/22/2020
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TechnipFMC cuts executive pay and dividend as pandemic fallout bites
- Oil services company TechnipFMC said on Wednesday it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak. The Franco-American firm, whose clients include major companies in the oil and gas sector, said it had increased its cost savings target to more than $350 million this year from the $130 million it announced on April 1. It lowered executive compensation for the year, cutting the salary of its chairman and chief executive officer by 30%.
- 04/22/2020
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TechnipFMC cuts executive pay and dividend as pandemic fallout bites
- Oil services company TechnipFMC said on Wednesday it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak.
- 04/22/2020
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FMC Technologies (FTI) Reports Q1 Loss, Misses Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -150.00% and -8.79%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/22/2020
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FMC Technologies (FTI) Reports Q1 Loss, Misses Revenue Estimates
- FMC Technologies (FTI) delivered earnings and revenue surprises of -150.00% and -8.79%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/22/2020
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TechnipFMC sinks after Q1 loss; cuts subsea revenue forecast
- TechnipFMC (NYSE:FTI) -10.4% after-hours as it reports a surprise Q1 adjusted loss and reduces its full-year dividend distribution by 75% from the prior year.Q1 adjusted EBITDA of $220.2M came in well
- 04/22/2020
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14 Stocks Moving In Wednesday's After-Hours Session
- Gainers
Dynavax (NASDAQ: DVAX) shares are trading higher after the company reported collaboration with Valneva to advance vaccine development for coronavirus.
Sleep Number (...
- 04/22/2020
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TechnipFMC says it lost $3.3 billion in first quarter
- Houston and Paris-based oilfield service company TechnipFMC posted a $3.3 billion loss, mostly on the falling value of its equipment for underwater projects as offshore activity declines.
- 04/22/2020
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FMC Technologies: 1Q Earnings Snapshot
- LONDON (AP) _ FMC Technologies Inc. (FTI) on Wednesday reported a first-quarter loss of $3.26 billion, after reporting a profit in the same period a year earlier. The London-based company said it had a loss of $7.28 per share. The results missed Wall Street expectations.
- 04/22/2020
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TechnipFMC Announces First Quarter 2020 Results
- Regulatory News:
- 04/22/2020
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Shares of several energy companies are trading higher as oil prices potentially stabilize following recent crash.
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FMC Technologies options imply 14.4% move in share price post-earnings FTI
- FMC Technologies options imply 14.4% move in share price post-earnings FTI
- 04/22/2020
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TechnipFMC shares are trading lower after the company reported worse-than-expected Q1 EPS and sales results.
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TechnipFMC Announces Revised Dividend Policy
- Regulatory News:
- 04/21/2020
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Ladenburg Thalmann Financial Services Inc. Has $110,000 Position in TechnipFMC PLC (NYSE:FTI)
- Ladenburg Thalmann Financial Services Inc. cut its holdings in TechnipFMC PLC (NYSE:FTI) by 86.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,109 shares of the oil and gas company’s stock after selling 32,870 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in TechnipFMC […]
- 04/21/2020
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TechnipFMC Announces Revised Dividend Policy To $0.13/Share On An Annualized Basis
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TechnipFMC Awarded Significant Integrated EPCI (iEPCI™) Contract for Woodside’s Lambert Deep and Greater Western Flank Fields in Australia
- TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant (1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Woodside Energy Limited for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia.
- 04/20/2020
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Nuveen Asset Management LLC Lowers Position in TechnipFMC PLC (NYSE:FTI)
- Nuveen Asset Management LLC cut its position in shares of TechnipFMC PLC (NYSE:FTI) by 5.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 367,794 shares of the oil and gas company’s stock after selling 19,451 shares during the period. Nuveen Asset Management LLC’s holdings in TechnipFMC were worth $7,885,000 at the end of […]
- 04/20/2020
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Vivendi Music Offsets Ads, Philips Orders Bounce: Earnings Wrap
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TechnipFMC (FTI) to Release Earnings on Wednesday
- TechnipFMC (NYSE:FTI) is set to post its quarterly earnings results after the market closes on Wednesday, April 22nd. Analysts expect TechnipFMC to post earnings of $0.27 per share for the quarter. TechnipFMC has set its FY 2020 After-Hours guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using […]
- 04/20/2020
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Shares of several oil stocks are trading lower after the price of oil fell significantly as storage for the commodity runs out and global demand remains depressed. UPDATE: Shares of several names in the space have reversed, sector now mixed.
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TechnipFMC PLC (NYSE:FTI) Given Consensus Recommendation of "Buy" by Analysts
- Shares of TechnipFMC PLC (NYSE:FTI) have received an average recommendation of “Buy” from the twenty-two analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 […]
- 04/19/2020
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Factors Influencing TechnipFMC's (FTI) Fate in Q1 Earnings
- Ramped-down North American activity due to the coronavirus outbreak that crumbled crude price is expected to reflect on TechnipFMC's (FTI) Surface segment's top line in Q1 results.
- 04/17/2020
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Factors Influencing TechnipFMC's (FTI) Fate in Q1 Earnings
- Ramped-down North American activity due to the coronavirus outbreak that crumbled crude price is expected to reflect on TechnipFMC's (FTI) Surface segment's top line in Q1 results.
- 04/17/2020
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Shares of several energy companies are trading lower after OPEC further cut global oil demand forecasts.
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Morgan Stanley Maintains Overweight on TechnipFMC, Raises Price Target to $9.3
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FMC Technologies (FTI) Reports Next Week: Wall Street Expects Earnings Growth
- FMC Technologies (FTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/15/2020
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FMC Technologies (FTI) Reports Next Week: Wall Street Expects Earnings Growth
- FMC Technologies (FTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/15/2020
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Energy stocks suffer beatdown amid oil price weakness
- Energy (XLE -6.7%) tumbles to the bottom of the early S&P sector standings, now down 7.2% for the week but up 8% since the end of March.Today's selling comes after WTI crude touched a fresh YTD lo
- 04/15/2020
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12 Energy Stocks Moving In Wednesday's Pre-Market Session
- Gainers
• Sundance Energy, Inc. (NASDAQ:SNDE) shares moved upwards by 9.14% to $3.70.
• Rosehill Resources, Inc. (NASDAQ:ROSE) stock moved upwards by 6.69% to $0.34....
- 04/15/2020
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30 Stocks Moving in Wednesday's Pre-Market Session
- Gainers
Applied DNA Sciences, Inc. (NASDAQ: APDN) shares rose 59.3% to $7.25 in pre-market trading. Applied DNA has shipped coronavirus LinearDNA vaccine candidates to Italian...
- 04/15/2020
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Kepler Capital Downgrades TechnipFMC (FTI) to Hold
- According to TipRanks.com, Roger is ranked 0 out of 5 stars with an average return of -17.5% and a 19.6%
- 04/15/2020
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50 Stocks Moving In Wednesday's Mid-Day Session
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TechnipFMC PLC (NYSE:FTI) Expected to Announce Quarterly Sales of $3.47 Billion
- Equities research analysts expect TechnipFMC PLC (NYSE:FTI) to report sales of $3.47 billion for the current quarter, Zacks reports. Twenty Eight analysts have issued estimates for TechnipFMC’s earnings, with the highest sales estimate coming in at $4.23 billion and the lowest estimate coming in at $2.99 billion. TechnipFMC posted sales of $2.91 billion in the […]
- 04/14/2020
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UBS Group Cuts TechnipFMC (NYSE:FTI) Price Target to $9.50
- TechnipFMC (NYSE:FTI) had its price target decreased by UBS Group from $30.00 to $9.50 in a research report released on Thursday morning, BenzingaRatingsTable reports. UBS Group currently has a buy rating on the oil and gas company’s stock. A number of other research firms have also recently issued reports on FTI. Citigroup raised TechnipFMC from […]
- 04/13/2020
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Macquarie Group Ltd. Acquires 15,430 Shares of TechnipFMC PLC (NYSE:FTI)
- Macquarie Group Ltd. boosted its holdings in TechnipFMC PLC (NYSE:FTI) by 96.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,370 shares of the oil and gas company’s stock after purchasing an additional 15,430 shares during the quarter. Macquarie Group Ltd.’s holdings in […]
- 04/13/2020
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Shares of several oil and gas stocks are trading higher following finalization of production cuts between OPEC+ members in an effort to stabilize oil prices.
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M&G Investment Management Ltd. Cuts Position in TechnipFMC PLC (NYSE:FTI)
- M&G Investment Management Ltd. trimmed its holdings in shares of TechnipFMC PLC (NYSE:FTI) by 5.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 148,995 shares of the oil and gas company’s stock after selling 8,163 shares during the period. M&G Investment […]
- 04/12/2020
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Investors Buy Large Volume of Put Options on TechnipFMC (NYSE:FTI)
- TechnipFMC PLC (NYSE:FTI) was the target of unusually large options trading on Thursday. Traders acquired 5,006 put options on the company. This is an increase of approximately 2,591% compared to the typical daily volume of 186 put options. In related news, Director Olivier Piou acquired 20,000 shares of the business’s stock in a transaction dated […]
- 04/11/2020
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TechnipFMC Target of Unusually Large Options Trading (NYSE:FTI)
- TechnipFMC PLC (NYSE:FTI) was the recipient of unusually large options trading activity on Tuesday. Traders purchased 1,053 call options on the stock. This is an increase of 749% compared to the typical daily volume of 124 call options. In other news, Director Olivier Piou purchased 20,000 shares of the company’s stock in a transaction on […]
- 04/09/2020
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UBS Maintains Buy on TechnipFMC, Lowers Price Target to $9.5
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The Global Well Testing Services Market is expected to grow from USD 7,423.13 Million in 2018 to USD 11,201.24 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.05%
- New York, April 08, 2020 -- Reportlinker.com announces the release of the report "Global Well Testing Services Market - Premium Insight, Competitive News Feed Analysis, Company.
- 04/08/2020
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Shares of several energy companies are trading higher amid hopes of output cuts by major oil producers Russia and Saudi Arabia to support prices.
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Sanford C. Bernstein Upgrades TechnipFMC (NYSE:FTI) to Outperform
- TechnipFMC (NYSE:FTI) was upgraded by research analysts at Sanford C. Bernstein from an “underperform” rating to an “outperform” rating in a research report issued on Monday, MarketBeat reports. FTI has been the subject of several other reports. Morgan Stanley lowered their target price on shares of TechnipFMC from $25.00 to $8.00 and set an “overweight” […]
- 04/08/2020
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TechnipFMC Unit Wins Offshore Mexico Contract from BHP
- Genesis has won a pre-FEED contract for preliminary design of an FPU. PHOTO SOURCE: Genesis
- 04/07/2020
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Alliancebernstein L.P. Has $8.96 Million Stock Holdings in TechnipFMC PLC (NYSE:FTI)
- Alliancebernstein L.P. lowered its stake in TechnipFMC PLC (NYSE:FTI) by 22.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 418,079 shares of the oil and gas company’s stock after selling 117,704 shares during the period. Alliancebernstein L.P.’s holdings in TechnipFMC were worth $8,964,000 at the end of the most recent quarter. Several other hedge […]
- 04/07/2020
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TechnipFMC PLC (NYSE:FTI) Stock Position Decreased by Advisor Group Inc.
- Advisor Group Inc. cut its stake in shares of TechnipFMC PLC (NYSE:FTI) by 97.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,557 shares of the oil and gas company’s stock after selling 82,274 shares during the quarter. Advisor […]
- 04/07/2020
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TechnipFMC (FTI) was Downgraded to a Hold Rating at Kepler Capital
- In a report released yesterday, Kevin Roger from Kepler Capital downgraded TechnipFMC (FTI – Research Report) to Hold, with a
- 04/07/2020
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Buy this energy group, Bernstein says after seven-year bearish view
- News is free at Seeking Alpha.This post is a Notable Call. Notable Calls are a Premium feature.To access this and other Notable Calls, try a free trial to Seeking Alpha Premium.
- 04/06/2020
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's Top Upgrades, Downgrades For April 6, 2020
- Upgrades
For Cinemark Holdings Inc (NYSE: CNK), B. Riley FBR upgraded the stock from Neutral to Buy. For the fourth quarter, Cinemark Hldgs had an EPS of $0.22,...
- 04/06/2020
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Advisors Asset Management Inc. Raises Position in TechnipFMC PLC (NYSE:FTI)
- Advisors Asset Management Inc. increased its holdings in TechnipFMC PLC (NYSE:FTI) by 30.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,270 shares of the oil and gas company’s stock after buying an additional 2,397 shares during the period. Advisors Asset Management Inc.’s holdings in TechnipFMC […]
- 04/06/2020
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Q2 2020 EPS Estimates for TechnipFMC PLC (NYSE:FTI) Increased by Analyst
- TechnipFMC PLC (NYSE:FTI) – Capital One Financial increased their Q2 2020 earnings per share estimates for TechnipFMC in a report released on Thursday, April 2nd. Capital One Financial analyst L. Lemoine now forecasts that the oil and gas company will post earnings of $0.17 per share for the quarter, up from their prior forecast of […]
- 04/06/2020
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Bernstein Upgrades TechnipFMC to Outperform
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Man Group plc Sells 29,085 Shares of TechnipFMC PLC (NYSE:FTI)
- Man Group plc lessened its holdings in TechnipFMC PLC (NYSE:FTI) by 13.3% during the 4th quarter, HoldingsChannel reports. The firm owned 190,215 shares of the oil and gas company’s stock after selling 29,085 shares during the period. Man Group plc’s holdings in TechnipFMC were worth $4,079,000 at the end of the most recent reporting period. […]
- 04/05/2020
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TechnipFMC (NYSE:FTI) Shares Gap Up to $7.52
- TechnipFMC PLC (NYSE:FTI)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $8.26, but opened at $7.52. TechnipFMC shares last traded at $6.81, with a volume of 100,539 shares. Several brokerages have recently weighed in on FTI. Piper Sandler cut TechnipFMC from an “overweight” rating to a […]
- 04/05/2020
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TechnipFMC joins ranks of energy cos. cutting spending
- TechnipFMC PLC (NYSE: FTI) has cut about a third of its spending plans for 2020, and it’s looking to reduce costs even beyond that. TechnipFMC, which has headquarters in Paris, London and Houston, has reduced its 2020 capital expenditure plan by $150 million, landing at $300 million, the company said in a press release.
- 04/04/2020
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TechnipFMC PLC (NYSE:FTI) to Post Q3 2020 Earnings of $0.12 Per Share, Jefferies Financial Group Forecasts
- TechnipFMC PLC (NYSE:FTI) – Equities researchers at Jefferies Financial Group decreased their Q3 2020 earnings estimates for TechnipFMC in a research report issued to clients and investors on Monday, March 30th. Jefferies Financial Group analyst M. Wilson now forecasts that the oil and gas company will earn $0.12 per share for the quarter, down from […]
- 04/04/2020
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FMC Technologies, Inc. -- Moody's announces completion of a periodic review of ratings of TechnipFMC plc
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TechnipFMC plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
- 04/03/2020
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TechnipFMC (FTI) Slashes Capex to Weather Oil Price Drop
- TechnipFMC (FTI) has a revolving credit facility worth $2.5 billion to strengthen its liquidity.
- 04/03/2020
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TechnipFMC (FTI) Slashes Capex to Weather Oil Price Drop
- TechnipFMC (FTI) has a revolving credit facility worth $2.5 billion to strengthen its liquidity.
- 04/03/2020
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TechnipFMC Cuts Capex 30 Percent
- TechnipFMC has lowered its 2020 capital expenditures by 30 percent to $300 million in response to current market conditions.
- 04/03/2020
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