TechnipFMC (NYSE:FTI) ("the Company") has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname. This iEPCI™ award supports the development of an emerging frontier and is enabled by the Company's vessel ecosystem. The project will combine TechnipFMC's leading subsea architecture with Saipem's (MILAN:SPM) EPCI solutions and best-in-class pipelay capabilities—notably J-Lay, the optimal solution given the location offshore Suriname—to accelerate time to first oil and increase schedule certainty. TechnipFMC's contracted scope for

TechnipFMC (NYSE:FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will speak at the BofA Securities Global Energy Conference on Wednesday, November 13, 2024, at 8:50 a.m. CT in Houston, TX. The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event. An audio replay of the webcast will be available on this website for one year. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies and comprehe

TechnipFMC (NYSE:FTI) and Prysmian (MILAN: PRY) today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104663469/en/ The collaboration agreement brings together the technologies and competencies of these two offshore industry leaders, providing the unique capabilities to pioneer a complete water column solution, from seabed to ocean surface. The collaboration will leverage the unparalleled expertise of TechnipFMC's system design and integra

Total Company backlog reached record of $14.7 billion; Subsea new record of $13.7 billion Share repurchase authorization increased by $1 billion Subsea financial guidance increased for 2025 TechnipFMC plc (NYSE:FTI) (the "Company" or "TechnipFMC") today reported third 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) Sep. 30, 2024 Jun. 30, 2024 Sep. 30, 2023 Sequential Year-over- Year Revenue $2,348.4 $2,325.6 $2,056.9 1.0% 14.2% Ne

TechnipFMC plc (NYSE:FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on December 4, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on November 19, 2024, which is also the ex-dividend date. The Board has also authorized additional share repurchases of up to $1 billion. Together with the existing program, the Company is now authorized to repurchase shares of up to $1.2 billion, representing more than 10 percent of the Company's outstanding shares at today's closing price. Since the initial share repurchase authorization in July 2022, the Company has returned more tha

TechnipFMC (NYSE:FTI) has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract(1) by bp for its greenfield Kaskida development in the Gulf of Mexico. The contract covers the design and manufacture of subsea production systems, including 20,000 psi (20K) standardized subsea trees and manifolds. The scope also includes the design, manufacture, and installation of subsea umbilicals, risers, and flowlines. The award follows an integrated Front End Engineering and Design (iFEED®) study by TechnipFMC. Jonathan Landes, President, Subsea for TechnipFMC, commented: "Our innovative high-pressure solutions are key to helping unlock the most economica

TechnipFMC (NYSE:FTI) has been awarded two subsea contracts by Petrobras for the pre-salt fields offshore Brazil. The first award is a substantial(1) contract to design, engineer, and manufacture riser flexible pipe. TechnipFMC will also supply associated services including packing and storage. The second award, which followed a competitive tender, is a significant(2) contract to design, engineer, and manufacture subsea production systems to be deployed on the Atapu 2, Sepia 2, and Roncador projects. The contract also covers installation support and life-of-field services, as well as the option for additional equipment and services. All equipment and products will be manufactured and ser

TechnipFMC (NYSE:FTI) will host its third-quarter 2024 earnings conference call on Thursday, October 24, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed via the Investor Relations website or by registering here. A replay of the webcast will be available on the website following the event. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies a

TechnipFMC (NYSE:FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will speak at the Barclays 38th Annual CEO Energy-Power Conference on Tuesday, September 3, 2024, at 12:40 p.m. ET in New York, NY. The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event. An audio replay of the webcast will be available on this website for 180 days. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies

Subsea inbound orders of $2.8 billion; book-to-bill of 1.4x Total Company backlog reached new record of $13.9 billion Cash flow from operations of $231 million; free cash flow of $180 million Full-year financial guidance increased to reflect strong operational performance TechnipFMC plc (NYSE:FTI) (the "Company" or "TechnipFMC") today reported second 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) Jun. 30, 2024 Mar. 31, 2024 Ju

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4 - TechnipFMC plc (0001681459) (Issuer)

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4 - TechnipFMC plc (0001681459) (Issuer)

4 - TechnipFMC plc (0001681459) (Issuer)

4 - TechnipFMC plc (0001681459) (Issuer)

4 - TechnipFMC plc (0001681459) (Issuer)

4 - TechnipFMC plc (0001681459) (Issuer)

2024 Full-Year Financial Guidance1The Company's full-year financial guidance for 2024 can be found in the table below. Updates to the previous guidance issued on February 22, 2024 are as follows:Subsea revenue in a range of $7.6 - 7.8 billion, which increased from the previous guidance range of $7.2 - 7.6 billion.Subsea adjusted EBITDA margin in a range of 16.5 - 17%, which increased from the previous guidance range of 15.5 - 16.5%.Free cash flow in a range of $425 - 575 million, which increased from the previous guidance range of $350 - 500 million.

TechnipFMC (NYSE:FTI) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.31 by 38.71 percent. This is a 330 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $2.325 billion which beat the analyst consensus estimate of $2.236 billion by 4.00 percent. This is a 17.90 percent increase over sales of $1.972 billion the same period last year.

Citigroup analyst Scott Gruber maintains TechnipFMC (NYSE:FTI) with a Buy and raises the price target from $31 to $32.

TechnipFMC's (NYSE:FTI) short percent of float has fallen 10.16% since its last report. The company recently reported that it has 9.42 million shares sold short, which is 2.21% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.32 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is

TechnipFMC (NYSE:FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy (LON: WDS) in Australia.TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrated front end engineering design (iFEED™) study.

Piper Sandler analyst Luke Lemoine maintains TechnipFMC (NYSE:FTI) with a Overweight and raises the price target from $30 to $34.

Total Company backlog reached record of $14.7 billion; Subsea new record of $13.7 billion Share repurchase authorization increased by $1 billion Subsea financial guidance increased for 2025 TechnipFMC plc (NYSE:FTI) (the "Company" or "TechnipFMC") today reported third 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) Sep. 30, 2024 Jun. 30, 2024 Sep. 30, 2023 Sequential Year-over- Year Revenue $2,348.4 $2,325.6 $2,056.9 1.0% 14.2% Ne

TechnipFMC plc (NYSE:FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on December 4, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on November 19, 2024, which is also the ex-dividend date. The Board has also authorized additional share repurchases of up to $1 billion. Together with the existing program, the Company is now authorized to repurchase shares of up to $1.2 billion, representing more than 10 percent of the Company's outstanding shares at today's closing price. Since the initial share repurchase authorization in July 2022, the Company has returned more tha

TechnipFMC (NYSE:FTI) will host its third-quarter 2024 earnings conference call on Thursday, October 24, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed via the Investor Relations website or by registering here. A replay of the webcast will be available on the website following the event. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies a

Subsea inbound orders of $2.8 billion; book-to-bill of 1.4x Total Company backlog reached new record of $13.9 billion Cash flow from operations of $231 million; free cash flow of $180 million Full-year financial guidance increased to reflect strong operational performance TechnipFMC plc (NYSE:FTI) (the "Company" or "TechnipFMC") today reported second 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) Jun. 30, 2024 Mar. 31, 2024 Ju

TechnipFMC plc (NYSE:FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on September 4, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on August 20, 2024. The ex-dividend date is August 20, 2024. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" regarding our future dividend payment obligations 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. Such forward-looking state

TechnipFMC (NYSE:FTI) will host its second quarter 2024 earnings conference call on Thursday, July 25, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the Investor Relations website or at https://edge.media-server.com/mmc/p/2tq8rfrd. An archived version will be available on the website following the webcast. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. Wi

Subsea inbound orders of $2.4 billion; book-to-bill of 1.4 Announced three iEPCI™ awards, each providing first-of-its-kind technology solutions Shareholder distributions of $172 million; expect full-year growth to exceed 70% versus 2023 Achieved investment grade credit rating from S&P Global Ratings 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

TechnipFMC plc (NYSE:FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on June 5, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on May 21, 2024. The ex-dividend date is May 20, 2024. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" regarding our future dividend payment obligations 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. Such forward-looking statements are n

Firm Concludes Latest Industrial Carve-Out One Equity Partners ("OEP"), a middle market private equity firm, has completed the acquisition of TechnipFMC's Measurement Solutions business ("the Business"), from TechnipFMC (NYSE:FTI). The Business, which is being rebranded as Guidant, is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain. Headquartered in Houston, TX, Guidant offers a broad portfolio of measurement technology, digital and automation solutions, and systems across the globe. With manufacturing in the U.S. and Europe; Guidant's portfolio includes S

TechnipFMC (NYSE:FTI) will host its first quarter 2024 earnings conference call on Thursday, April 25, 2024, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/567rmuzu/. An archived version will be available on the website following the webcast. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products

RBC Capital Mkts initiated coverage of TechnipFMC with a rating of Outperform and set a new price target of $37.00

HSBC Securities upgraded TechnipFMC from Hold to Buy and set a new price target of $32.00

TD Cowen reiterated coverage of TechnipFMC with a rating of Buy and set a new price target of $37.00 from $35.00 previously

HSBC Securities downgraded TechnipFMC from Buy to Hold

TD Cowen reiterated coverage of TechnipFMC with a rating of Outperform and set a new price target of $28.00 from $26.00 previously

Exane BNP Paribas downgraded TechnipFMC from Outperform to Neutral and set a new price target of $23.50

Jefferies downgraded TechnipFMC from Buy to Hold and set a new price target of $22.00 from $18.00 previously

Kepler downgraded TechnipFMC from Buy to Hold and set a new price target of $19.50

CapitalOne resumed coverage of TechnipFMC with a rating of Overweight and set a new price target of $22.00

Citigroup upgraded TechnipFMC from Neutral to Buy and set a new price target of $18.00