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

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Earnings data Q4 2022

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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.

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.

TechnipFMC Announces Second Quarter 2024 Earnings Release and Conference Call

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.

TechnipFMC to Address Attendees at the J.P. Morgan 2024 Energy, Power and Renewables Conference

Petroleo Brasileiro

TechnipFMC plc, a leading subsea equipment and services provider, joined forces with Sulzer Flow Equipment to develop innovative subsea carbon dioxide (CO2) pump solutions. These supercritical CO2 pumps, being created and tested for Petrobras, are essential to the Brazilian energy company's High-Pressure Separation Technology (HISEP). This collaboration, initiated in 2017, is aimed at revolutionizing the energy sector by enhancing efficiency and reducing emissions.

TechnipFMC, 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.

TechnipFMC (FTI), Sulzer Team Up on CO2 Pumps for Petrobras

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.

TechnipFMC (FTI) Secures New Contract to Support Pluto LNG

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.

TechnipFMC Awarded Significant iEPCI™ Contract by Woodside Energy for Xena Phase 3 Development

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.

TechnipFMC (FTI) Q1 Earnings Surpass, Revenues Rise Y/Y

TechnipFMC plc (FTI) Q1 2024 Earnings Call Transcript

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.

FMC Technologies (FTI) Q1 Earnings and Revenues Top Estimates

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 $.

TechnipFMC Announces First Quarter 2024 Results

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TechnipFMC (FTI) secures a $500 million-$1 billion contract from ExxonMobil for Guyana's Whiptail project, to supply subsea systems and reinforce partnership growth.

TechnipFMC (FTI) Secures Contract in Guyana's Stabroek Block

Exxon Mobil

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.

TechnipFMC Awarded Large Subsea Contract for ExxonMobil Guyana's Whiptail Project

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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.

One Equity Partners Completes Acquisition of TechnipFMC's Measurement Solutions Business

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/.

TechnipFMC Announces First Quarter 2024 Earnings Release and Conference Call

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.

TechnipFMC (FTI), NEP Join Forces for CCS Infrastructure

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™).

TechnipFMC Selected by Northern Endurance Partnership to Deliver the First All-Electric iEPCI™ for Carbon Capture and Storage

TechnipFMC (FTI) Q4 Earnings Beat, Revenues Rise Y/Y

TechnipFMC plc (FTI) Q4 2023 Earnings Call Transcript

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.

FMC Technologies (FTI) Tops Q4 Earnings and Revenue Estimates

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).

TechnipFMC Announces Fourth Quarter 2023 Results

TechnipFMC (FTI) wins a contract for manufacturing and installing subsea production systems, umbilicals, risers and flowlines for Shell's (SHEL) Sparta Development project.

TechnipFMC (FTI) Wins Shell's Sparta Development Contract

Shell PLC

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for the first integrated Engineering, Procurement, Construction, and Installation (iEPCI™) project to use high-pressure subsea production systems rated up to 20,000 psi (20K). The Company will manufacture and install subsea production systems, umbilicals, risers, and flowlines for Shell's Sparta development in the Gulf of Mexico. The tree sy.

TechnipFMC Awarded Substantial iEPCI™ Contract for Sparta Project

TechnipFMC (FTI) secures a major $75-$250 million contract from BP for the Argos Southwest Extension in the Gulf, enhancing Mad Dog field production.

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