TechnipFMC

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

Earnings data Q1 2023

Earnings data Q2 2023

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.

TechnipFMC (FTI) Lags Q4 Earnings Estimates, Beats on Revenues

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Azule Energy to supply flexible pipe for the Agogo Integrated West Hub Development Project, offshore Angola. The contract is one of TechnipFMC's largest ever awards for flexible pipe in West Africa, and covers the engineering, procurement, and supply of jumpers, flowlines, risers, and all associated ancillary equipment.

TechnipFMC Awarded Substantial Flexible Pipe Contract for Agogo Integrated West Hub Development 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.

TechnipFMC (FTI) Secures Major Contract for Angola Project

Permian Resources Corp

Teekay Tankers

Earnings were great for three oil and gas companies, pushing them higher today.

Why 3 Oil and Gas Stocks Popped Today

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.

TechnipFMC plc (FTI) Q4 2022 Earnings Call Transcript

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?

FMC Technologies (FTI) Reports Q4 Loss, Tops Revenue Estimates

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) today reported fourth quarter 2022 results. Summary Financial Results from Continuing Operations - Fourth Quarter 2022 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, 2022 Sep. 30, 2022 Dec. 31, 2021 Sequential Year-over-Year Revenue $1,694.4 $1,733.0 $1,523.3 (2.2%) 11.2% Income (loss) $(26.7) $5.0 $(127.

TechnipFMC Announces Fourth Quarter 2022 Results

TechnipFMC (FTI) secures major subsea contracts with Equinor for Norwegian and North Sea projects, with the contracts valued between $75M and $250M.

TechnipFMC (FTI) Secures Two Major Contracts From Equinor

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFEX), offshore Angola.

TechnipFMC Awarded Significant Contract by TotalEnergies EP Angola for Girassol Life Extension (GIRLIFEX) Project

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for the subsea production system for Equinor's Verdande project on the Norwegian Continental Shelf. The contract – awarded under TechnipFMC's framework agreement with Equinor – covers the complete subsea production system including subsea trees and structures, control systems, connections, tooling, and installation support.

TechnipFMC Awarded Significant Subsea Project by Equinor for the Verdande Field

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for subsea production systems by Equinor for its Irpa oil and gas development on the Norwegian Continental Shelf. Awarded under the companies' framework agreement, the contract covers the supply and installation support of subsea trees, control systems, structures, and connections, as well as tooling.

TechnipFMC Awarded Significant Subsea Contract for Equinor's Irpa Development

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.

FMC Technologies (FTI) Reports Next Week: Wall Street Expects Earnings Growth

TechnipFMC's (FTI) iEPCI contract from Aker BP involves the engineering, procurement, construction, and installation of subsea production systems, controls, pipelines and umbilicals.

TechnipFMC (FTI) Wins Upto $1B iEPCI Contract From Aker BP

NEWCASTLE & HOUSTON--( BUSINESS WIRE )--TechnipFMC (NYSE: FTI) (the “Company”) today announced that Robert G. Gwin, former President of Anadarko Petroleum Corporation, has been appointed to its Board of Directors, effective February 1, 2023. The Company also announced that Peter Mellbye will retire from the Board and will not stand for re-election at the Company's next annual general meeting.

TechnipFMC Appoints Robert G. Gwin to its Board of Directors

NEWCASTLE & HOUSTON--( BUSINESS WIRE )--TechnipFMC (NYSE: FTI) has been awarded a large(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Aker BP (OSE: AKRBP) for its Utsira High development.

TechnipFMC Awarded Large Integrated EPCI (iEPCI™) Contract for AKER BP's Utsira High Development

NEWCASTLE & HOUSTON--( BUSINESS WIRE )--TechnipFMC (NYSE: FTI) has been awarded a substantial(1) master services agreement (MSA) for subsea services with Petrobras. The three-year contract has an option to extend for a further two years.

TechnipFMC Awarded Substantial Subsea Services Offshore Brazil Contract by Petrobras

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.

Strong Position In The Subsea Market Gives TechnipFMC An Edge

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).

TechnipFMC Announces Fourth Quarter 2022 Earnings Release and Conference Call

According to TechnipFMC (FTI), this new contract builds on the success of previously installed subsea umbilicals, risers and flowlines in the Dvalin field.

TechnipFMC (FTI) Gets EPCI Contract From Wintershall Dea

NEWCASTLE & HOUSTON--( BUSINESS WIRE )--TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction, and installation contract by Wintershall Dea Norge AS for its Dvalin North project.

TechnipFMC Awarded Significant Subsea Contract by Wintershall Dea

FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock?

Why Is FMC Technologies (FTI) Up 16.5% Since Last Earnings Report?

NEWCASTLE & HOUSTON--( BUSINESS WIRE )--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Wednesday, November 16, at 3:30 p.m. EST at the following event:

TechnipFMC to Address Attendees at the BofA Securities 2022 Global Energy Conference

TechnipFMC plc's (FTI) third-quarter earnings and sales miss the consensus mark.

TechnipFMC plc (FTI) Q3 Earnings & Revenues Lag Estimates

TechnipFMC plc (NYSE:FTI ) Q3 2022 Earnings Conference Call October 27, 2022 8:00 AM ET Company Participants Matt Seinsheimer - SVP, IR and Corporate Development Doug Pferdehirt - Chairman and CEO Alf Melin - EVP and CFO Conference Call Participants David Anderson - Barclays Arun Jayaram - JPMorgan Chase Mulvehill - Bank of America Guillaume Delaby - Societe Generale Mark Bianchi - Cowen Operator Thank you for holding, and welcome everyone to the TechnipFMC Third Quarter Earnings Conference Call. [Operator Instructions] Thank you.

TechnipFMC plc (FTI) Q3 2022 Earnings Call Transcript

FMC Technologies (FTI) delivered earnings and revenue surprises of -66.67% and 0.69%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for TechnipFMC Stock (FTI)