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TechnipFMC plc (FTI) reported first-quarter 2024 adjusted earnings of 22 cents per share, which beat the Zacks Consensus Estimate of 16 cents. The company reported breakeven earnings in the year-ago quarter. The improvement can be attributed to better-than-expected performance in the Subsea segment.Revenues of $2 billion beat the Zacks Consensus Estimate by 3.5%. The top line also increased from the year-ago quarter’s reported figure of $1.7 billion. This was primarily due to a higher revenue contribution f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 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 jurisd ...

James West From a technology point of view, it is important to note there are people that believe you can just reverse the flow and use existing oil and gas infrastructure. That's not true. It is much more of a technical challenge than that would make one believe. Think of it as everything from the shore to the seafloor. We call it the integrated carbon transportation system. We have a specific CO2.0 tree, so part of our 2.0 family. We have developed a configure to order CO2 injection tree. It looks simplif ...

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 ...