TechnipFMC

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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TechnipFMC reports robust growth and accelerates shareholder distributions

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

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

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

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

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

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

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

TechnipFMC excels in Q4 with Subsea growth and margin expansion

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

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

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

TechnipFMC reports record backlog and raised guidance for 2024

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

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

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

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

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has received a Notice to Proceed for a major(1) Engineering, Procurement, and Construction (EPC) contract by Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) at their Energía Costa Azul (ECA) liquefied natural gas (LNG) facility in Baja California, Mexico. The project will add a natural gas liquefaction facility with nameplate capacity of 3.25 Mtpa(2) to the existing regasific

TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG's and IEnova's Energía Costa Azul LNG Facility

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Energy was Monday's leading S&P sector performer with notable movers being TechnipFMC (FTI), Schlumberger (SLB), National Oilwell Varco (NOV) and Valero Energy (VLO).

Energy Stocks Soar in Monday's Trading Session: Here's Why

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Doug Pferdehirt, Chairman and Chief Executive Officer, will provide an update on the Company's environmental, social and governance (ESG) accomplishments and objectives, including opportunities related to the Energy Transition, on Monday, November 9, at 8:00 a.m. EST at the following event: J.P. Morgan Energy Technology Tour November 9 – 10, 2020 Location: Virtu

TechnipFMC to Present ESG Update at the J.P. Morgan Energy Technology Tour

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TechnipFMC plc (FTI) CEO Doug Pferdehirt on Q3 2020 Results - Earnings Call Transcript

TechnipFMC (TNHPF) CEO Doug Pferdehirt on Q3 2020 Results - Earnings Call Transcript

In the third quarter, TechnipFMC (FTI) inbound orders were down 14.7% from the year-ago period to $2.23 billion.

TechnipFMC (FTI) Q3 Earnings Miss, Revenues Top Estimates

FMC Technologies (FTI) delivered earnings and revenue surprises of -20.00% and 1.42%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

FMC Technologies (FTI) Misses Q3 Earnings Estimates

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, 22 October 2020 to discuss the third quarter 2020 financial results and updated outlook for 2020. A copy of the Earnings Call Presentation can also be accessed on TechnipFMC's website (www.technipfmc.com). About TechnipFMC TechnipFMC is a global leade

TechnipFMC Third Quarter 2020 Earnings Call Presentation

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (Paris: FTI)(ISIN:GB00BDSFG982) today reported third quarter 2020 results. Summary Financial Statements - Third 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) September 30, 2020 September 30, 2019 Change Revenue $3,335.7 $3,335.1 0.0% Net income (loss) $(3.9) $(119.1) n/m Diluted earnings (loss) per share

TechnipFMC Announces Third Quarter 2020 Results

LONDON, PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) Engineering, Procurement, Construction and Installation contract by Equinor for the Breidablikk Pipelay, including option for the Subsea Installation scope located in the area close to the Grane Field, North Sea. The Breidablikk project is a tie-back to the existing Grane platform. TechnipFMC's scope includes provision of flexible jumpers and rigid pipelines as well

TechnipFMC Awarded a Significant EPCI Contract for the Equinor Breidablikk Pipelay and Subsea Installation

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's top line in Q3.

Factors Setting the Tone for TechnipFMC (FTI) in Q3 Earnings

TechnipFMC (FTI) collaborates with McPhy for technological development and to accelerate the hydrogen production.

TechnipFMC Signs MoU With McPhy to Scale Up Green Hydrogen

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Why Goldman Sachs Is Bullish on Oilfield Services for Q3 Earnings and 2021

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) signed a Memorandum of Understanding (MoU) with McPhy (EPA:MCPHY), a leading manufacturer and supplier of carbon-free hydrogen production and distribution equipment, pursuant to which the two companies will jointly work on technology development and project implementation. TechnipFMC is also making an equity investment in McPhy. TechnipFMC’s Technip Energies segment is a leading global engineering a

TechnipFMC Invests and Enters into a Strategic Collaboration with McPhy to Accelerate Green Hydrogen

TechnipFMC (FTI) signs a deal with ExxonMobil to process and supply subsea equipment for the Payara Project.

TechnipFMC Gets Hold of Subsea Contract for Payara Project

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Goldman Sachs Has 5 Stocks to Buy Under $10 With 100% or More Upside Potential

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) announced today that Arnaud Pieton has been named President and CEO-elect, Technip Energies, effective immediately. The Company has also announced the appointment of Jonathan Landes to the role of President, Subsea. Mr. Pieton has been with the Company since 2004 and held multiple leadership positions across the Company, including Vice President, Projects. He most recently served

TechnipFMC Announces Executive Leadership Changes

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) announces today that Margareth Øvrum, Executive Vice President of Equinor ASA, Development and Production Brazil, has been appointed to its Board of Directors, effective October 1, 2020. Doug Pferdehirt, Chairman and CEO of TechnipFMC, stated “I am delighted to welcome Margareth to the Board. She brings proven business leadership and a global perspective gained in board and execut

TechnipFMC Appoints Margareth Øvrum To Its Board of Directors

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a large(1) contract by Exxon Mobil Corporation (NYSE:XOM) subsidiary Esso Exploration and Production Guyana Limited (“EEPGL”) for the subsea system for the proposed Payara project. TechnipFMC will manufacture and deliver the subsea production system, including 41 enhanced vertical deep water trees and associated tooling, six flexible risers and ten manifolds along with associated co

TechnipFMC Awarded a Large Subsea Contract for ExxonMobil Payara Development

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) will issue its third quarter 2020 earnings release after the close of the New York Stock Exchange on Wednesday, October 21, 2020. The Company will also host its third quarter 2020 earnings release teleconference on Thursday, October 22, 2020, 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 approximately 10 minutes

TechnipFMC Announces Third Quarter 2020 Earnings Release and Teleconference Schedule

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) contract by Shell Moerdijk for the Engineering, Procurement and module Fabrication (EPF) for proprietary equipment and related services for eight ethylene furnaces at the Moerdijk petrochemicals complex in the Netherlands. The new furnaces will utilize TechnipFMC’s innovative multi-lane radiant coil design and will replace 16 older units without reducing capacity at

TechnipFMC Awarded Significant Ethylene Furnaces Modernization Contract Stimulating Investment in the Netherlands and Reducing Total Site Emissions at Shell’s Moerdijk Plant

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Catherine MacGregor, President Technip Energies, will address attendees on Thursday, September 24, at 1:30 p.m. BST at the following event: Bernstein 17th Annual Pan European Strategic Decisions Conference September 23 – 24, 2020 Location: Virtual Conference The access to the live webcast and accompanying presentation slides will be made available at the time of

TechnipFMC to Present at the Bernstein 17th Annual Pan European Strategic Decisions Conference

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Maryann Mannen, Executive Vice President and Chief Financial Officer, will address attendees on Wednesday, September 2, at 1:15 p.m. CDT at the following event: Simmons Energy Gleneagles Conference Goes Virtual September 2 – 3, 2020 Location: Virtual Conference The live webcast will be available at the time of the event and can be accessed at the Investor Relati

TechnipFMC to Address Attendees at the Simmons Energy Gleneagles Conference

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