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Factors You Need to Know Ahead of TechnipFMC's Q4 Earnings Release
ZACKS· 2026-02-16 17:35
Core Viewpoint - TechnipFMC plc (FTI) is set to announce its fourth-quarter fiscal 2025 results on February 19, with earnings estimated at 51 cents per share and revenues at $2.55 billion [1] Group 1: Recent Performance - In the last reported quarter, FTI achieved adjusted earnings of 75 cents per share, surpassing the Zacks Consensus Estimate of 65 cents, driven by strong performance in the Subsea segment [2] - FTI's revenues for the last quarter were $2.6 billion, exceeding the Zacks Consensus Estimate by 1.2% [2] - FTI has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 20.16% [3] Group 2: Fourth Quarter Expectations - The Zacks Consensus Estimate for fourth-quarter fiscal 2025 earnings has remained unchanged, indicating a 5.56% year-over-year decrease, while revenue estimates suggest a 7.58% increase from the previous year [3] - FTI's revenue is expected to improve due to strong contributions from the Subsea segment, which is projected to generate $2.2 billion, reflecting an 8.7% year-over-year increase [4][5] - The company holds a $16.8 billion backlog, which, along with the ongoing industrialization of its Subsea business, is expected to positively influence fourth-quarter earnings [6] Group 3: Cost Considerations - Rising costs may negatively impact FTI's bottom line, with total costs and expenses increasing by 8.8% in the last quarter, a trend expected to continue [7] - The increase in costs is attributed to the inflationary environment and a tight labor market [7] Group 4: Earnings Prediction - The model predicts an earnings beat for FTI, supported by a positive Earnings ESP of +1.61% and a Zacks Rank of 2 (Buy) [10][11]
SLB wins two contracts from PDO for Oman’s Block-6
Yahoo Finance· 2026-01-29 11:10
Group 1 - SLB has secured two contracts from Petroleum Development Oman (PDO) for wellheads and artificial lift technologies for Block-6, the largest oil and gas concession in Oman, aimed at improving production efficiency and recovery rates [1][2] - The contracts include the supply of low-pressure, high-pressure, and thermal wellheads, as well as electric submersible pumps (ESPs) and progressive cavity pumps (PCPs), with plans to expand local manufacturing and introduce gate valve production within six months [2][3] - SLB's initiatives will create employment opportunities for Omani workers and involve the production of wellheads at the Rusayl center and assembly of ESPs at the Nizwa facility [3][4] Group 2 - Advanced technologies such as the 15k SOLIDrill modular compact wellhead system and ESP surveillance systems will be deployed to enhance sustainability and reduce power usage [4] - SLB's commitment to Oman's energy future includes investing in local manufacturing and talent development to meet PDO's strategic goals with sustainable approaches [2][3] - In September 2025, SLB won a contract from Petrobras for services and technology for 35 ultra-deep-water wells in Brazil's Santos Basin, focusing on the second phase of the Atapu and Sépia fields [4][5]