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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this provider of equipment and services to energy companies would post earnings of $0.12 per share when it actually produced earnings of $0.14, delivering a surprise of ...

Q1 2024 Earnings Presentation This communication contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events, market growth and recovery, growth of our New Energy business and anticipated revenues, earnings, cash flows, or other aspects of our operations or operating results. Forward-looking statements are of ...

Press Release TechnipFMC Announces First Quarter 2024 Results NEWCASTLE & HOUSTON, April 25, 2024 — 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, | Dec. 31, | Mar. 31, | | Year ...

TechnipFMC plc (FTI) has clinched a substantial contract in Guyana’s Stabroek Block from Exxon Mobil Corporation (XOM) affiliate ExxonMobil Guyana Limited in a significant development for the offshore oil and gas industry. This contract, valued between $500 million and $1 billion, marks a milestone for both parties involved. The project, known as the Whiptail project, highlights the growing significance of the Guyana basin in global energy production.Contract DetailsTechnipFMC, a leading provider of integra ...

TechnipFMC plc (FTI) has been awarded a key contract by the Northern Endurance Partnership (“NEP”). This partnership, including industry giants like BP plc (BP) , Equinor ASA (EQNR) , and TotalEnergies SE (TTE) , is dedicated to establishing carbon dioxide transportation and storage infrastructure within the United Kingdom’s East Coast Cluster. This transformative work represents a significant leap forward in the global pursuit of sustainable energy solutions. BP, EQNR and TTE carry a Zacks Rank #3 (Hold) e ...

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™) execution mo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37983 TechnipFMC plc (Exact name of registrant as specified in its charter) United Kingdom 98-1283037 (State or other jurisdiction of incorporat ...

TechnipFMC plc (FTI) reported fourth-quarter 2023 adjusted earnings of 14 cents per share, which beat the Zacks Consensus Estimate of 12 cents. The bottom line also improved from the year-ago quarter’s reported loss per share of 5 cents. The improvement can be attributed to better-than-expected performance in the Subsea and Surface Technologies segments.Revenues of $2.1 billion beat the Zacks Consensus Estimate by 9.9%. The top line also increased from the year-ago quarter’s reported figure of $1.7 billion. ...

Q4 2023 Earnings Call Presentation | 4 Sequential revenue growth in Subsea Services; asset maintenance and ROV services offset typical seasonality Surface Technologies sequential revenue growth driven by international and NAM markets, both benefiting from higher wellhead equipment sales Subsea inbound expectations increased to $30 billion over the three-year period ending 2025 Q4 2023 Financial results • Subsea declined due to seasonal impact on vessel-based project activity and mix of projects executed fro ...

Press Release | | | Three Months Ended | | Change | | | --- | --- | --- | --- | --- | --- | | (In millions, except per share amounts) | Dec. 31, | Sep. 30, | Dec. 31, | | Year-over | | | 2023 | 2023 | 2022 | Sequential | Year | | Revenue | $2,077.7 | $2,056.9 | $1,694.4 | 1.0% | 22.6% | | Income (loss) | $53.0 | $90.0 | $(26.7) | (41.1%) | n/m | | Income (loss) margin | 2.6 % | 4.4 % | (1.6 %) | (180 bps) | n/m | | Diluted earnings (loss) per share | $0.12 | $0.20 | $(0.06) | (40.0%) | n/m | | Adjusted EBIT ...