Core Viewpoint - Technip Energies will release its first quarter 2026 financial results on April 30, 2026, and will host a conference call to discuss these results on the same day [2]. Group 1: Financial Results Announcement - The financial results will be published at 07:30 CEST on April 30, 2026 [2]. - A conference call will take place at 13:00 CEST on the same day to discuss the results [2]. - Participants can join the call using specific telephone numbers provided for France, the UK, and the US, with a conference code of 880901 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris [4]. - Technip Energies employs over 18,000 people across 35 countries, emphasizing sustainability and innovation in its operations [4].

Core Viewpoint - Technip Energies has conducted a share buyback program from March 23, 2026, to March 27, 2026, purchasing a total of 43,811 shares at an average price of €33.99 per share [1][2]. Group 1: Share Buyback Details - The share buyback program was executed under a discretionary mandate by an investment services provider [1]. - The daily purchases during the buyback period were as follows: - March 23, 2026: 9,026 shares at €32.0704 - March 24, 2026: 8,813 shares at €34.0352 - March 25, 2026: 8,772 shares at €34.1983 - March 26, 2026: 8,648 shares at €34.6857 - March 27, 2026: 8,552 shares at €35.0735 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris [4].

Core Viewpoint - Technip Energies has announced a share buy-back program of up to €150 million, aimed at enhancing shareholder value and fulfilling equity compensation obligations [1][2]. Group 1: Share Buy-back Program Details - The program will utilize up to €120 million for the purchase of common shares for cancellation and up to €30 million for equity compensation plans [1]. - A maximum of 5 million shares can be acquired under this program, which will be executed until December 31, 2026 [1]. - The program is authorized by the Company's Board of Directors and complies with the Market Abuse Regulation [2]. Group 2: Shareholder Authorization - The share buy-back program is based on the authorization granted by shareholders at the Annual General Meeting (AGM) on May 6, 2025, allowing the repurchase of up to 10% of the issued share capital over 18 months [3]. - The proposed renewal of the repurchase authorization at the 2026 AGM will maintain the same terms as the 2025 authorization [4]. Group 3: Execution and Compliance - An investment service provider will be appointed to execute the buy-back program, making independent decisions regarding the timing and volume of repurchases [6]. - The price for repurchased shares will be determined based on the last independent trade or the highest current independent purchase bid [7]. Group 4: Financial and Operational Context - As of February 28, 2026, the Company held 2,743,745 treasury shares, approximately 1.54% of its issued share capital, for equity compensation obligations [5]. - The total allocated amount of €150 million does not cover ancillary costs, and the Company is not obligated to execute the buy-back program [8].

Core Insights - Technip Energies, a global leader in technology and engineering for energy and decarbonization infrastructure, published its 2025 Annual Report [1] - The company generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris [4] Company Overview - Technip Energies specializes in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, contributing to critical markets such as energy and decarbonization [3] - The company employs over 18,000 people across 35 countries, focusing on bridging prosperity with sustainability [4] Upcoming Events - Technip Energies will hold its Annual General Meeting in Schiphol, the Netherlands on May 5, 2026, with related documents available on March 24, 2026 [2]

Core Viewpoint - Formosa Petrochemical Corporation (FPCC) has declared force majeure on certain petrochemical shipments due to supply disruptions in the Strait of Hormuz, impacting its operations and output levels [1][5]. Group 1: Operational Impact - FPCC's No.2 and No.3 crackers are currently operating at approximately 70% capacity, with the possibility of shutting down one cracker if naphtha feedstock supplies are completely halted [1]. - The company is processing around 490,000 barrels per day (bpd) of crude, but some crude deliveries will be affected after March 20 due to ongoing shipping challenges [2]. - The No.1 cracker at the Mailiao complex remains offline indefinitely, marking the first time FPCC has kept a cracker offline for over a year, which reduces ethylene output by nearly 25% [3][4]. Group 2: Maintenance and Production Capacity - FPCC plans to shut its No.2 crude unit for scheduled maintenance in the coming days, with a total crude processing capacity of 540,000 bpd [3]. - The indefinite shutdown of the No.1 cracker has led to a decreased demand for imported feedstocks such as naphtha and liquefied petroleum gas [4]. Group 3: Market Context - The decision to invoke force majeure aligns with a broader trend among petrochemical producers globally, who are scaling back output or closing facilities due to oversupply and slim profit margins [5].

Core Insights - Iraq has started shutting down oil output at Rumaila, the world's largest oil field, while other Gulf states have idled major refineries, indicating a significant energy disruption in global markets due to Iranian drone strikes and the paralysis of the Strait of Hormuz [1] Group 1: Impact on U.S. Chemical Manufacturers - Goldman analysts suggest that U.S. chemical manufacturers are likely to be net beneficiaries of the Middle East energy disruptions [2][4] - As oil prices rise, U.S. chemical makers, which rely more on natural gas, are insulated from the impact, leading to a widening margin advantage over naphtha-based competitors in Europe and Asia [3] - The increase in oil prices will push up naphtha costs, forcing European and Asian producers to raise prices, which will benefit U.S. producers by increasing their margins [3] Group 2: Supply Chain Dynamics - Disruptions in the Middle East will tighten global supply-demand for chemical products, creating more volume opportunities for U.S. producers [5] - The impact on production from Iran is uncertain, but disruptions in shipping from Eastern Saudi Arabia, UAE, Kuwait, and Qatar through the Strait of Hormuz are evident [5] - The affected chemical chains include Nitrogen, Sulfur, Methanol, MTBE, Phosphate, Polyethylene, MDI, TiO2, and Chlorovinyls, with U.S. companies expected to benefit overall, barring any kinetic impacts on U.S. assets in the region [5] Group 3: Types of Chemicals Affected - Basic chemicals include ethylene, propylene, methanol, chlorine, and ammonia [6] - Plastics and resins include polyethylene, PVC, and polyurethane inputs [6] - Fertilizers consist of nitrogen and phosphate products, while industrial chemicals cover solvents, coatings, acids, and adhesives [6]

Core Viewpoint - Technip Energies is undergoing a leadership transition with the planned retirement of Mr. Joseph Rinaldi as Chair of the Board at the end of his term in 2026, and the nomination of Mr. John O'Higgins and Mr. Luc Rémont to the Board to ensure a smooth transition and continued strategic direction for the company [1][2][3]. Group 1: Leadership Changes - Mr. Joseph Rinaldi will retire from the Board following the 2026 Annual General Meeting and will not seek reappointment [1]. - Mr. John O'Higgins has been nominated to succeed Mr. Rinaldi as Chair of the Board, pending shareholder approval at the 2026 AGM [1][2]. - Mr. Luc Rémont has been nominated to replace Mr. Francesco Venturini on the Board, who will also not seek reappointment this year [2]. Group 2: Board Observers - Both Mr. O'Higgins and Mr. Rémont have been appointed as Board Observers until the 2026 AGM, allowing them to participate in Board meetings prior to their official appointments [2]. Group 3: Leadership Experience - Mr. John O'Higgins has extensive experience, currently serving as Chair of Elementis plc and holding positions at Johnson Matthey plc and Oxford Nanopore Technologies plc, with a background as CEO of Spectris plc [3][4]. - Mr. Luc Rémont has served as Chair and CEO of EDF and held various leadership roles at Merrill Lynch and Schneider Electric, bringing significant experience in the energy sector [6][7]. Group 4: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, sustainable chemistry, and CO2 management, contributing to critical markets such as energy and decarbonization [10]. - The company generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris, with over 18,000 employees across 35 countries [11].

Core Viewpoint - Technip Energies will release its full year 2025 financial results on February 26, 2026, and will host a conference call to discuss these results on the same day [2]. Group 1: Financial Results Announcement - The full year 2025 financial results will be published at 07:30 CET on February 26, 2026 [2]. - A conference call will take place at 13:00 CET on the same day to discuss the results [2]. - Participants can join the conference call using specific telephone numbers provided for France, the UK, and the US, with a conference code of 880901 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [4]. - Technip Energies employs over 17,000 people across 34 countries, emphasizing sustainability and innovation in its operations [4].

Group 1 - Technip Energies has announced the planned dates for the release of its financial results for full-year 2025 and quarterly results for 2026 [1][5] - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [3] - Technip Energies operates in critical markets such as energy, energy derivatives, decarbonization, and circularity, with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [2][3] Group 2 - The financial results for FY 2025 will be published on February 26, 2026, with subsequent quarterly results scheduled for April 30, July 30, and October 29 in 2026 [5] - Each financial announcement will be accompanied by a presentation for investors and analysts, followed by a webcast/conference call hosted by management [1]

Company Overview - LyondellBasell Industries N.V. is a major petrochemical and chemical company based in Houston, Texas, with a market cap of $14.3 billion. The company produces key chemical building blocks such as ethylene, propylene, polyethylene, and polypropylene, along with a variety of polymers, specialty chemicals, and fuels used in everyday applications like packaging, automotive components, construction materials, textiles, and consumer goods [1]. Financial Performance - Analysts expect LyondellBasell to report a non-GAAP profit of $0.19 per share for the fourth quarter, which represents a significant decline of 74.7% from $0.75 per share reported in the same quarter last year. The company has met or exceeded Street estimates on the bottom line twice in the past four quarters but has missed projections on two occasions [2]. - For fiscal 2025, analysts project a non-GAAP EPS of $2.22, down 65.3% from $6.40 in fiscal 2024. However, earnings are expected to rebound in fiscal 2026, with a projected increase of 61.7% year over year to $3.59 per share [3]. Stock Performance - LyondellBasell's stock has declined by 39% over the past 52 weeks, significantly underperforming the S&P 500 Index, which returned 16.9%, and the Materials Select Sector SPDR Fund, which saw a 10.9% decline during the same period [4]. - On December 15, LyondellBasell shares fell more than 2% following a downgrade by BMO Capital Markets, which changed its rating from "Market Perform" to "Underperform" and set a price target of $36. This downgrade was attributed to concerns over near-term headwinds in the chemicals and petrochemicals markets, including weaker global demand and margin pressure from rising feedstock costs [5]. Analyst Ratings - Analysts maintain a cautious outlook on LyondellBasell, with a consensus "Hold" rating. Among the 21 analysts covering the stock, there are two "Strong Buys," one "Moderate Buy," 14 "Holds," and four "Strong Sells." The mean price target of $50.70 indicates a potential upside of 14.2% from current price levels [6].