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.

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The EPCI contract by the Libra Consortium strengthens the close ties of TechnipFMC (FTI) with Petrobras and enriches its capability in the pre-salt region, thereby expanding its base in Brazil.

TechnipFMC (FTI) Clinches Major EPCI Contract From Petrobras

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--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. The contract cover

TechnipFMC wins Subsea EPCI for the Libra Consortium’s Mero 2 Project, operated by Petrobras in Brazil

TechnipFMC's (FTI) CEO Doug Pferdehirt on Q2 2020 Results - Earnings Call Transcript

In the second quarter, TechnipFMC's (FTI) inbound orders plummet 86.3% from the year-ago period to $1.53 billion.

TechnipFMC (FTI) Q2 Earnings and Revenues Top Estimates

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FMC Technologies (FTI) Beats Q2 Earnings and Revenue 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, 30 July 2020 to discuss the second 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).

TechnipFMC Second Quarter 2020 Earnings Call Presentation

Shares of TechnipFMC (NYSE:FTI) moved higher by 2.46% in after-market trading after the company reported Q2 results.

Recap: TechnipFMC Q2 Earnings

LONDRES & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today reported second quarter 2020 results. Summary Financial Statements - Second Quarter 2020 Reconciliation of U.S.

TechnipFMC Announces Second Quarter 2020 Results

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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.

Factors Setting the Tone for TechnipFMC (FTI) in Q2 Earnings

In the newly-unveiled Odassea technology, Halliburton (HAL) will be responsible for the fiber optic sensing technology, completions and analysis for reservoir diagnostics.

Halliburton (HAL) With TechnipFMC Launches Odassea Technology

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--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. The Odassea™ service integrates hardware and digital systems to strengthen digital capabi

Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service

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.

TechnipFMC (FTI) Wins Major EPC Contract From Assiut in Egypt

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--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. This EPC 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

TechnipFMC Signs a Major Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt

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LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) will issue its second quarter 2020 earnings release after the close of the New York Stock Exchange on Wednesday, July 29, 2020. The Company will also host its second quarter 2020 earnings release teleconference on Thursday, July 30, 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 approxima

TechnipFMC Announces Second Quarter 2020 Earnings Release and Teleconference Schedule

The amendments authorise TechnipFMC (FTI) to take into account $3.2 billion of goodwill for the calculation of consolidated net worth.

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News for TechnipFMC Stock (FTI)