Summary of TechnipFMC Conference Call Company Overview - **Company**: TechnipFMC - **Industry**: Offshore subsea equipment and infrastructure - **CEO**: Doug Fertihert - **Key Offering**: Integrated Engineering Procurement Construction Installation (IEPCI) model, which has become the industry standard [6][10][11] Core Points and Arguments Industry Transformation - TechnipFMC was formed to address inefficiencies in the offshore industry by consolidating capabilities and technologies from FMC Technologies and Technip [5] - The company aims to enhance client confidence in large offshore projects by providing a single contractor solution, reducing project delivery times and costs [4][10] Subsea Market Dynamics - The traditional deepwater markets, referred to as the "Golden Triangle" (U.S. Gulf, Brazil, West Africa), continue to see significant activity due to existing infrastructure [12][13] - Offshore fields have a slow decline rate of 4-6% per year, compared to U.S. shale's 60% in the first two years, making offshore projects economically attractive [16][17] - New opportunities are emerging within existing basins, such as the Paleogene in the Gulf of Mexico and the equatorial margin in Brazil [19][20] Emerging Markets - TechnipFMC is expanding into new offshore basins, including Suriname, Guyana, the Eastern Mediterranean, East Africa, and Namibia, with significant potential for growth [24][30] - The company has secured its first offshore production project in Suriname and continues to work in Guyana, where it has a strong backlog of orders [25][26] Order Trends and Financial Guidance - TechnipFMC aims to book $30 billion in subsea orders from 2023 to 2025, with a target of $10 billion for 2025 [33][35] - The company reported $2.8 billion in orders in Q1, indicating a strong start to the year [34] - The order flow is expected to be non-linear, with confidence in achieving the annual guidance despite potential fluctuations in quarterly announcements [41][43] Subsea Services and Margins - Subsea services generated approximately $1.65 billion in revenue in 2024, with expectations to grow to $1.8 billion in 2025 [55] - The company is focused on improving margins through efficiency and early project delivery, with a target EBITDA margin of 19.5% for 2025 [57][60] Technological Innovations - TechnipFMC is developing a new composite flexible pipe solution to address stress corrosion cracking issues in Brazil, which is expected to be market-ready in a couple of years [63][65] - The HYSEP technology allows for CO2 separation on the seabed, reducing greenhouse gas emissions and increasing production efficiency [70][71] Additional Important Insights - 80% of TechnipFMC's revenue comes from direct awards, indicating strong client trust and a unique market position [11][43] - The company has adopted a "configure to order" approach, significantly reducing engineering time and improving project delivery timelines [7][10] - TechnipFMC's partnerships and collaborations with clients and other companies enhance its project execution capabilities and market reach [51][54] This summary encapsulates the key points discussed during the conference call, highlighting TechnipFMC's strategic direction, market dynamics, financial outlook, and technological advancements.

Global Economics Comment: Assessing the Economic Impacts of the War in the Middle East (Briggs/Peters) 23 June 2025 | 9:33AM EDT Assessing the Economic Impacts of the War in the Middle East +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC Joseph Briggs +1(212)902-2163 | joseph.briggs@gs.com Goldman Sachs & Co. LLC Sarah Dong +1(212)357-9741 | sarah.dong@gs.com Goldman Sachs & Co. LLC Megan Peters +44(20)7051-2058 | megan.l.peters@gs.com Goldman Sachs International c45a43530f604d12bcb9a82b5aa6b9f ...

Equity Research European Integrated Energy 22 June 2025 European Integrated Energy Hormuz in the crosshairs - testing a $100 oil scenario Iranian parliament holds a non-binding vote to close the Strait of Hormuz, in retaliation against the overnight US attack on Iran's nuclear sites. We expect energy stocks to move higher as a result, although those with higher Middle East exposure may lag behind relatively. Barclays Capital Inc. and/or one of its affiliates does and seeks to do business with companies cove ...

Core Viewpoint - EOG Resources is actively monitoring the macroeconomic environment, particularly in relation to geopolitical volatility and its impact on oil and gas supply and demand fundamentals [4]. Group 1: Company Insights - EOG Resources has been a significant player in the U.S. shale revolution, indicating its influential role in the energy sector [1]. - The company has made several noteworthy announcements recently, reflecting its ongoing developments and strategic direction [2]. Group 2: Industry Analysis - The demand for oil and gas appears strong globally, although there are concerns regarding how tariffs may influence this demand [4][5]. - EOG's team is closely analyzing the macro environment, which has been characterized by volatility, necessitating a careful assessment of supply and demand dynamics [4].

Joining us now from the strategic for center for strategic and international studies, senior fellow for energy security, Clay Seagull. Was that was that an overstatement, Clay, to say that what we just showed our viewers, which is a bunch of red arrows, each one representing, by the way, a ship, the number of ships in that body of water is probably going to determine the path of oil and natural gas prices. Hey guys, good afternoon.Good to be with you. I think that the illustration that you showed basically ...

I am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for cash flow and long-term appreciation. My articles are to serve as a platform for presenting the underlying fundamentals and long-term potential of each equity/business.Analyst’s Disclosure:I/we have no stock, optio ...

NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Civitas Resources, Inc. (NYSE: CIVI) between February 27, 2024 and February 24, 2025, both dates inclusive (the “Class Period”), of the important July 1, 2025 lead plaintiff deadline. SO WHAT: If you purchased Civitas Resources securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO ...

Group 1 - Chord Energy Corporation (CHRD) is experiencing significant activity in the options market, particularly with the Sep 19, 2025 $65 Call option showing high implied volatility, indicating potential for a major price movement [1] - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a significant event that could lead to a rally or sell-off [2] - Analysts currently rate Chord Energy as a Zacks Rank 3 (Hold) within the Oil and Gas - Exploration and Production - United States industry, which is in the bottom 36% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, no analysts have raised their earnings estimates for Chord Energy, while four have lowered their estimates, resulting in a decrease of the Zacks Consensus Estimate for the current quarter from $2.68 to $1.77 per share [3] - The high implied volatility may indicate a trading opportunity, as options traders often seek to sell premium on options with high implied volatility, hoping the stock does not move as much as expected by expiration [4]

Key Takeaways BP's GTA project begins commercial LNG production via Golar LNG's Gimi FLNG unit. Gimi FLNG reaches 2.4 mtpa output- 90% of nameplate capacity and aligned with contracted supply. GTA marks a milestone as one of Africa's deepest offshore developments at up to 2,850 meters depth.BP plc (BP) , the British oil and gas giant, has reached a milestone for its Greater Tortue Ahmeyim (“GTA”) project with the beginning of commercial operations by Golar LNG’s floating liquefied natural gas (FLNG) unit. ...

Coterra Energy Inc. (NYSE:CTRA) 2025 J.P. Morgan Energy, Power, Renewables and Mining Conference June 24, 2025 8:00 AM ET Company Participants Thomas E. Jorden - CEO, President & Chairman Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Arun Jayaram All right. Welcome to the 2025 JPMorgan Energy Power Renewables and Mining Conference. This is day 1 and we're super delighted to have Tom Jorden, who's the Chairman and CEO of Coterra Energy to lead off today's presentations. M ...