TechnipFMC plc (FTI) , a global leader in subsea, onshore, offshore and surface technologies, has secured a significant integrated Engineering, Procurement, Construction and Installation (“iEPCI”) contract from London-based integrated oil and gas company, Shell plc (SHEL) , for its Gato do Mato greenfield development project offshore Brazil. With an estimated value exceeding $1 billion, this major contract marks a significant milestone in the longstanding collaboration between FTI and Shell, reinforcing the ...

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 ...

TechnipFMC plc (FTI) has been awarded a significant contract by Equinor (EQNR) for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. This integrated Engineering, Procurement, Construction and Installation (“iEPCI”) contract represents a key moment in the evolution of one of the largest and most important oil and gas projects in the region. With a value between $500 million and $1 billion, this contract highlights FTI’s capability and experience in delivering subsea solutions for major offsh ...

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 ...

Investors might want to bet on FMC Technologies (FTI) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...

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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].

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 transition period from to Commission file number 001-37983 10b5- TechnipFMC plc (Exact name of registrant as specified in its charter) United Kingdom 98-1283037 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of inco ...

TechnipFMC plc (NYSE:FTI) Q4 2024 - Earnings Conference Call February 26, 2025 8:30 AM ET Company Participants Matt Seinsheimer - SVP, IR and Corporate Development Doug Pferdehirt - Chair and Chief Executive Officer Alf Melin - EVP and CFO Conference Call Participants Arun Jayaram - JP Morgan Scott Gruber - Citigroup David Anderson - Barclays Mark Wilson - Jefferies Mark Bianchi - TD Cowen Kurt Hallead - Benchmark Victoria McCulloch - RBC Ati Modak - Goldman Sachs Operator Hello and thank you for standing b ...

FMC Technologies (FTI) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 54.29%. A quarter ago, it was expected that this provider of equipment and services to energy companies would post earnings of $0.39 per share when it actually produced earnings of $0.64, delivering a surprise of 6 ...