Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is FMC Technologies (FTI) one of those stocks right now? Let's take a closer look at the stock's yearto-date performance to find out. FMC Technologies is one of 247 companies in the Oils-Energy group. The Oils-Energy group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within th ...

Rystad Energy's latest report offers an optimistic outlook for the global subsea market, projecting capital investments to surpass $42 billion by 2027. This growth is anticipated to be fueled by increasing operator spending on subsea equipment and installation services, with a compound annual growth rate ('CAGR') of 10% expected from 2024 to 2027. The energy consulting firm's figures highlight the expanding importance of the subsea sector, especially for companies focused on deepwater and ultra-deepwater op ...

WASHINGTON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its global Construction, Projects & Assets practice with the appointments of Thomas Thompson as a Senior Managing Director in Houston and Stuart McIvor as a Managing Director in Dubai. Mr. Thompson has more than three decades of experience in the construction and engineering industries, executing large-scale projects and programs globally. His experience includes project management advisory, opera ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

What's Driving the Outperformance? FMC Technologies may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level. In terms of its value breakdown, the stock currently trades at 24.3X current fiscal year EPS estimates, which is a premium to the peer industry average of 19.4X. On a trailing cash flow basis, the stock currently trades at 22.1X versu ...

The unit's adjusted EBITDA decreased 1.9% to $46 million. The figure beat our estimate of $40.5 million. The segment's inbound orders fell 23.6% year over year. The quarter-end backlog also decreased 18.3% in the same time frame. Important Energy Earnings So Far As of Jun 30, 2024, the company reported $2.1 billion in cash and cash equivalents and $7.6 billion in longterm debt, representing a debt-to-capitalization ratio of 43.2. HAL also bought back $250 million worth of its stock in the April-June period. ...

21 Reclassifications out of accumulated other comprehensive income (loss) consisted of the following: (a) These accumulated other comprehensive income components are included in the computation of net periodic pension cost. Three Months Ended Six Months Ended | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------------|---------------------|---- ...

Conference Call Participants TechnipFMC plc (NYSE:FTI) Q2 2024 Results Earnings Conference Call July 25, 2024 8:30 AM ET Thank you for standing by and welcome to the TechnipFMC Second Quarter 2024 Earnings Conference Call. [Operator Instructions]. Thank you. Matt Seinsheimer I'd like to caution you with respect to any forward-looking statements made during this call. Although these forward-looking statements are based on our current expectations, beliefs and assumptions regarding future developments and bus ...

PETROBRAS Sepia 2 Cash flow from operations of $231 million, free cash flow of $180 million ▶ TechnipFMC PTTEP Block H Adjusted EBITDA margin in a range of 16.5 – 17% | --- | |-------------------------------------------------------------------------------------------------------------------------------------| | TechnipFMC | | Corporate expense, net $115 – 125 million (includes depreciation and amortization of ~$3 million; excludes charges and credits) | | Net interest expense $70 – 80 million | | Tax provis ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. FMC Technologies shares have added about 35.5% since the beginning of the year versus the S&P 500's gain of 13.8%. While FMC Technologies has outperformed the market so far this year, the question that comes to investors' ...