FMC Technologies (FTI) shares soared 12.9% in the last trading session to close at $26.18. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10.4% loss over the past four weeks.TechnipFMC is a global oilfield services company providing technology solutions for subsea, offshore, and onshore oil and natural gas projects. The company’s stock increased due to the market rally driven by President Trump's tariff policy announcement. By p ...

SYDNEY, March 31, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of six Senior Managing Directors and a Managing Director in the firm's Healthcare & Human Services industry practice in Australia, further enhancing the firm's position as the only independent health and human services advisory team with national scale and access to global capabilities. The hires include Senior Managing Directors Tricia Tebbutt, John Forsythe, Chris Mason, Luke Mitchell, Adam Norden a ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? T ...

Core Insights - TechnipFMC plc (FTI) has secured an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from Shell plc for the Gato do Mato greenfield development project offshore Brazil, valued at over $1 billion, marking a significant milestone in their collaboration [1][4][11] Group 1: Project Overview - The Gato do Mato project is located in Brazil's deepwater Campos Basin and aims to enhance production in a prolific oil-producing region [2] - FTI will be responsible for the complete integrated execution of the development, utilizing advanced subsea technologies and experience, including Subsea 2.0 configure-to-order (CTO) production systems [2][3] Group 2: Technological Innovation - Subsea 2.0 technology enhances flexibility and efficiency of subsea infrastructure, driving down costs and accelerating project delivery [3] - FTI's implementation of CTO systems allows for customization of subsea production equipment, improving overall project performance and reliability [3][7] Group 3: Partnership Strength - The contract reflects the strong partnership between FTI and Shell, which has lasted over three decades, emphasizing their successful collaboration and delivery record [4][11] - FTI's ability to integrate innovative solutions is crucial for the timely execution of complex offshore projects like Gato do Mato [4][10] Group 4: Project Execution and Efficiency - The iEPCI model is designed to optimize project delivery, streamlining processes to reduce the timeline from conception to production [5][6] - FTI's commitment to excellence in project management and the use of Subsea 2.0 technology positions the Gato do Mato field for a swift ramp-up to full production [5][6] Group 5: Industry Impact - The Gato do Mato development will contribute to increasing production from Brazil's offshore sector, reinforcing the country's position as a leading oil producer globally [9][10] - FTI's ongoing commitment to technological innovation and efficiency positions it as a trusted partner for major energy companies in Brazil [10][11]

TechnipFMC plc (FTI) has been on an impressive run, delivering solid gains over the past six months. The oilfield services provider has gained more than 18% during this period, significantly outperforming the S&P 500. More notably, it has fared better than industry peers like Oceaneering International (OII) and Core Labs (CLB) , both of which remain in negative territory. Given this strong momentum, should investors consider buying TechnipFMC stock, wait for a better entry point, or book profits? Let’s take ...

Group 1: Contract Award and Value - TechnipFMC plc has been awarded a significant contract by Equinor for the Johan Sverdrup Phase 3 development, valued between $500 million and $1 billion, highlighting its capability in subsea solutions [1] - This contract represents a key moment in the evolution of one of the largest oil and gas projects in the Norwegian North Sea [1] Group 2: Importance of Johan Sverdrup Field - The Johan Sverdrup field has been a cornerstone of energy production since operations began in 2019 and is one of the most significant oil discoveries in the region [2] - The field is expected to see an increase in production capacity by adding new wells, aligning with sustainable energy goals while providing substantial economic benefits [3] Group 3: TechnipFMC's Role and Execution Model - TechnipFMC has been a trusted partner in the Johan Sverdrup project, having delivered subsea production systems for previous phases, marking a significant milestone in its partnership with Equinor [4] - The iEPCI integrated execution model developed by TechnipFMC streamlines project execution, reducing complexity and improving efficiency, making it the preferred model for large-scale offshore developments [5] Group 4: Scope of the Contract - Under the contract, TechnipFMC will design, manufacture, and install various subsea production systems and equipment, essential for integrating new templates into the existing Johan Sverdrup field center [6] - The integration of new production units will allow Equinor to expand production capacity and optimize field recovery, crucial for meeting rising global energy demands [7] Group 5: Impact on Norwegian Energy Landscape - The Johan Sverdrup Phase 3 development is expected to significantly contribute to Norway's energy strategy and its position as a leading oil and gas producer in Europe [8] - The use of low-emission energy sources will help reduce the carbon footprint of the project, aligning with global sustainability efforts in the oil and gas industry [9] Group 6: Conclusion on TechnipFMC's Leadership - The award of the iEPCI contract further solidifies TechnipFMC's position as a leader in subsea systems and integrated offshore solutions, with a commitment to high-quality project delivery [10] - The completion of this phase will validate TechnipFMC's ability to execute complex, large-scale offshore projects efficiently, promising a bright future for the Johan Sverdrup development [11]

WASHINGTON, March 19, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Steven Stein as a Senior Managing Director within the Technology segment’s Information Governance, Privacy & Security practice in North America. Mr. Stein, who is based in Chicago, brings a wealth of experience in data privacy and information governance leadership to his role. He develops and implements data risk and compliance programs for clients across industries including financial services ...

Core Viewpoint - FMC Technologies has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to institutional investors adjusting their valuations, resulting in stock price movements [4]. Company Performance Indicators - FMC Technologies is projected to earn $2.06 per share for the fiscal year ending December 2025, reflecting a year-over-year increase of 13.2% [8]. - Over the past three months, the Zacks Consensus Estimate for FMC Technologies has risen by 2.8%, indicating a positive outlook for the company [8]. Zacks Rating System Overview - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of FMC Technologies to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Develo ...

Core Viewpoint - TechnipFMC plc reported strong fourth-quarter 2024 results, with adjusted earnings and revenues exceeding expectations, primarily driven by the Subsea segment's performance [1][2]. Financial Performance - Adjusted earnings per share for Q4 2024 were 54 cents, surpassing the Zacks Consensus Estimate of 35 cents and up from 14 cents in the same quarter last year [1]. - Revenues reached $2.4 billion, exceeding the Zacks Consensus Estimate by 3.1% and increasing from $2.1 billion year-over-year [1]. - Adjusted EBITDA for the Subsea unit was $338.6 million, beating the estimate of $329 million, while Surface Technologies unit's EBITDA was $53.5 million, above the consensus of $49.3 million [2]. Order and Backlog - Inbound orders for Q4 increased by 90.9% year-over-year to $2.9 billion, contributing to a total backlog of $14.4 billion, which is an 8.7% increase from the previous year [3]. - The Subsea segment's revenues were $2 billion, a 19% increase from $1.7 billion in the prior year, driven by record iEPCI™ and Subsea 2.0 orders [5]. - Surface Technologies segment revenues were $319.4 million, down 10.6% year-over-year, missing the consensus estimate due to lower volumes in North America [6]. Shareholder Returns - The company repurchased 2.4 million shares for $70 million in Q4, with total shareholder distributions amounting to $91.2 million, including a dividend payment of $21.2 million [3]. - A quarterly cash dividend of 5 cents per share was declared, unchanged from the previous quarter, with a total share repurchase authorization of $1.8 billion [4]. Financial Position - Total costs and expenses for the quarter were $2.2 billion, an increase of 11.7% from $1.9 billion year-over-year [8]. - As of December 31, 2024, cash and cash equivalents stood at $1.2 billion, with long-term debt of $607.3 million, resulting in a debt-to-capitalization ratio of 16.4% [9]. 2025 Outlook - The company anticipates Subsea revenues between $8.4 billion and $8.8 billion and Surface Technologies revenues between $1.2 billion and $1.35 billion for 2025 [11]. - Expected adjusted EBITDA margins are 19-20% for Subsea and 15-16% for Surface Technologies, with projected free cash flow of $850 million to $1 billion [11][12].