Key Takeaways OII Q4 EPS beat estimates, driven by Subsea Robotics and ADTech strength.Revenues fell 6.3% on weaker energy activity; Offshore Projects slid 29%.OII sees softer Q1 2026 sales, but guides for modest full-year revenue growth.Oceaneering International, Inc. (OII) reported an adjusted profit of 45 cents per share for the fourth quarter of 2025, beating the Zacks Consensus Estimate of 44 cents. Moreover, the bottom line surpassed the year-ago quarter’s reported figure of 37 cents. This was driven ...

Core Insights - TechnipFMC plc (FTI) reported fourth-quarter 2025 adjusted earnings of 70 cents per share, exceeding the Zacks Consensus Estimate of 51 cents and up from 54 cents in the previous year [1][8] - The company's revenues for the quarter were $2.5 billion, slightly missing the Zacks Consensus Estimate by $25 million but increasing from $2.4 billion year-over-year [2][8] - FTI's inbound orders decreased by 11.5% year-over-year to $2.6 billion, while the backlog rose 15.3% to $16.6 billion [3][8] Financial Performance - Adjusted EBITDA for the Subsea unit was $415.6 million, missing the estimate of $421 million, while the Surface Technologies unit's EBITDA was $58.2 million, beating the estimate of $53 million [2] - Total costs and expenses for the quarter were $2.25 billion, up 4% from $2.16 billion in the previous year [7] - The company generated $453.6 million in cash flow from operations and reported free cash flow of $359.1 million [7] Segment Analysis - Subsea segment revenues totaled $2.2 billion, a 7.1% increase from $2 billion year-over-year, driven by higher activity in the Asia Pacific, although it missed projections by 1.4% [5] - Surface Technologies segment revenues were $322.8 million, up 1.1% year-over-year, exceeding projections of $322 million, with inbound orders increasing by 10.1% [6] Shareholder Returns - FTI repurchased 3.9 million common shares for $168.1 million during the quarter, with total shareholder returns amounting to $188.3 million, including a dividend payment of $20.2 million [4] 2026 Outlook - The company expects Subsea revenues in the range of $9.2-$9.6 billion for 2026, up from the previous guidance of $9.1-$9.5 billion, and Surface Technologies revenues between $1.15 billion and $1.3 billion [9] - Anticipated adjusted EBITDA margins are 21-22% for Subsea and 16.5-18% for Surface Technologies [9][10] - FTI projects free cash flow for 2026 to be between $1.3 billion and $1.45 billion, with annual capital expenditure around $340 million [10]

Core Viewpoint - Nabors Energy Transition Corp. II has extended the deadline for completing its business combination with e2Companies LLC by one month, from July 18, 2025, to August 18, 2025, allowing more time to finalize the deal [1][2]. Group 1: Business Combination Details - The extension was facilitated by a $250,000 deposit made by Nabors Lux into NETD's trust account, which is a non-interest-bearing loan [2]. - If the business combination is successful, the loan will be repaid from the Trust Account proceeds or converted into warrants at $1.00 per warrant [2]. - If the business combination does not occur, the loan will only be repaid from funds outside the Trust Account [2]. Group 2: Company Overview - Nabors Energy Transition Corp. II is a blank check company aimed at merging or acquiring businesses that focus on energy transition solutions, particularly those that reduce carbon or greenhouse gas emissions while meeting global energy demands [3]. Group 3: Regulatory Filings - NETD and e2 will file a Registration Statement with the SEC, which will include a preliminary prospectus and proxy statement related to the business combination [5]. - Shareholders are encouraged to read the Registration Statement and related documents once available, as they will contain important information about the transactions [5][6].

Company Overview - Nabors Energy Transition Corp. II (NETD) is a blank check company focused on mergers and business combinations with entities that advance energy transition solutions, particularly those that reduce carbon or greenhouse gas emissions while meeting global energy consumption needs [2]. Business Combination Update - NETD's shareholders approved an extension for the completion of its initial business combination with e2Companies LLC, allowing the board to extend the deadline from July 18, 2025, to July 18, 2026, with the possibility of up to twelve one-month extensions [1]. - Each Monthly Extension Period requires a deposit of $250,000 into the company's trust account for public shareholders [1]. Regulatory Filings - NETD and e2 will file a Registration Statement on Form S-4 with the SEC, which will include a preliminary prospectus and proxy statement related to the business combination [4]. - Shareholders are encouraged to read the Registration Statement and related documents carefully once available, as they will contain important information about the transactions [4][5]. Investor Information - Investors can obtain free copies of the proxy statement and other documents through the SEC's website or NETD's website [5]. - The company has provided contact information for investor relations, indicating a commitment to transparency and communication with stakeholders [9].