TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.
infoTechnipFMC is a mid cap stock with a total market cap of 8.06B.
infoThey trade on the NYSE and had their IPO 22 years and 2 months ago.
infoTechnipFMC currently employs 20301 people.
infoAs of Wednesday, Aug 23 2023, TechnipFMC’s share price is $18.4.
News Relating to TechnipFMC
MarketBeat
3 Oil & Gas Gear Makers With Triple-Digit EPS Growth Forecasts
Friday Aug 18 2023 at 07:36
Among the gainers were oilfield services providers Schlumberger Ltd. NYSE: SLB and Halliburton Co. NYSE: HAL, both of which have come on strong in the past three months.
MarketBeat
Oil & Gas Are Moving In August, Here Are The 3 Industry Favorites
Wednesday Aug 09 2023 at 08:39
Whether it is the forces of commodity cycles, the changing tides of a world economy, or even straight manipulation from the most prominent players who hear whispers from OPEC’s next decision, the only certainty is that oil and gas prices are swinging hard. Crude oil has swung from below $60 per barrel in the last quarter to above $80 per barrel as of today’s new quarter, and natural gas has followed a similar path.
Zacks Investment Research
TechnipFMC (FTI) Q2 Earnings Disappoint, Revenues Beat
Friday Aug 04 2023 at 10:32
TechnipFMC (FTI) expects revenues in the range of $5.9-$6.3 billion and $1.3-$1.45 billion for Subsea and Surface Technologies, respectively, for 2023.
24/7 Wall Street
Kepler Cheuvreux Downgrades TechnipFMC
Wednesday Aug 02 2023 at 22:24
Fintel reports that on August 1, 2023, Kepler Cheuvreux downgraded their outlook for TechnipFMC (NYSE:FTI) from Buy to Hold.
Zacks Investment Research
FMC Technologies (FTI) Reports Next Week: Wall Street Expects Earnings Growth
Thursday Jul 20 2023 at 11:26
FMC Technologies (FTI) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research
TechnipFMC (FTI) Clinches iEPCI Contract From OMV (Norge) AS
Monday Jul 03 2023 at 09:57
TechnipFMC (FTI) secures a significant iEPCI contract for OMV’s Berling gas development project in Norway, offering comprehensive engineering, procurement, construction and installation services.
Business Wire
TechnipFMC Announces Second Quarter 2023 Earnings Release and Conference Call
Thursday Jun 29 2023 at 16:30
NEWCASTLE & HOUSTON–(BUSINESS WIRE)–TechnipFMC (NYSE: FTI) will host its second quarter 2023 earnings conference call on Thursday, July 27, 2023, 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/xjed9h79.
Zacks Investment Research
TechnipFMC (FTI) Clinches Subsea Contract From Azule Energy
Wednesday Jun 28 2023 at 12:06
TechnipFMC (FTI) secures a significant subsea contract from Azule Energy in Angola, showcasing its expertise in subsea production systems.
Zacks Investment Research
TechnipFMC (FTI) Signs 20-Year Pact With Chevron Australia
Thursday Jun 22 2023 at 10:21
TechnipFMC (FTI) and Chevron Australia join forces to revolutionize gas field developments with Subsea 2.0 technology, driving sustainable development.
Fox Business
‘Deep Energy’ vessel, owned by NYSE-listed TechnipFMC, assisting missing Titanic sub search and rescue
Wednesday Jun 21 2023 at 18:25
TechnipFMC has sent one of its pipelay vessels to help in the urgent search and rescue mission to locate the submersible that went missing while taking five people to see the Titanic.
Zacks Investment Research
TechnipFMC (FTI) Surges 118% in a Year: Is it Sustainable?
Wednesday Jun 21 2023 at 09:34
It would be prudent to wait for a better entry point as the timing is still not right for investors to hit the Buy button on TeachnipFMC (FTI).
Zacks Investment Research
TechnipFMC (FTI) Secures Deal for Julimar Phase 3 Development
Tuesday Jun 20 2023 at 10:16
TechnipFMC (FTI) secures a significant contract by Woodside Energy to engineer the Julimar Phase 3 development, offshore Western Australia.
Zacks Investment Research
TechnipFMC (FTI) Wins iEPCI Contract for Dover Development
Monday May 29 2023 at 11:50
TechnipFMC (FTI) secures a significant iEPCI contract from Shell for the Dover development in the Gulf of Mexico, showcasing its subsea engineering and construction expertise.
Zacks Investment Research
TechnipFMC (FTI) Wins Contract for RLWI Services From Equinor
Tuesday May 23 2023 at 07:23
TechnipFMC (FTI) secures a major contract from Equinor for Riserless Light Well Intervention services, boosting production efficiency on the Norwegian Continental Shelf.
Zacks Investment Research
ETFs in Focus as Oil Prices Rise
Tuesday May 16 2023 at 20:29
After declining for four consecutive weeks, oil prices rose against the backdrop of the United States’ plans to acquire crude for its SPR and the Alberta wildfires. Take a look into ETFs to gain exposure to the energy market.
Market Watch
Here’s how to play oil-industry stocks for long-term growth of 20% or more
Monday May 08 2023 at 11:37
Oil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services companies as good long-term growth investments as offshore production ramps up.
Zacks Investment Research
TechnipFMC (FTI) Q1 Earnings Miss Estimates, Sales Beat
Tuesday May 02 2023 at 09:08
TechnipFMC (FTI) expects capital expenditures of $250 million, free cash flow of $225-$375 million and net interest expenses of $100-$110 million for 2023.
Seeking Alpha
TechnipFMC plc (FTI) Q1 2023 Earnings Conference Call Transcript
Thursday Apr 27 2023 at 15:20
TechnipFMC plc (FTI) Q1 2023 Earnings Conference Call Transcript.
Zacks Investment Research
FMC Technologies (FTI) Reports Break-Even Earnings for Q1
Thursday Apr 27 2023 at 09:08
FMC Technologies (FTI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.03 per share a year ago.
Zacks Investment Research
Factors Likely to Influence SLB’s Earnings This Season
Wednesday Apr 19 2023 at 08:25
Favorable crude pricing is likely to have aided SLB’s Q1 earnings.
Zacks Investment Research
UK Oil & Gas Workers Demand Transition to Renewable Energy Jobs
Friday Mar 24 2023 at 11:27
UK’s oil & gas industry workers demand transition funding and training as SHEL, BP and FTI shift to sustainable energy.
Business Wire
TechnipFMC Announces First Quarter 2023 Earnings Release and Conference Call
Monday Mar 20 2023 at 16:15
NEWCASTLE & HOUSTON–(BUSINESS WIRE)–TechnipFMC (NYSE: FTI) will host its first quarter 2023 earnings conference call on Thursday, April 27, 2023, 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/6fifa2xk.
Zacks Investment Research
TechnipFMC (FTI) Lags Q4 Earnings Estimates, Beats on Revenues
Tuesday Mar 14 2023 at 08:25
TechnipFMC (FTI) expects subsea unit revenues of $5.9-$6.3 billion, surface unit revenues of $1.3-$1.45 billion, free cash flow of $225-$375 million, capex of $250 million & net interest expense of $100-$110 million for 2023.
Zacks Investment Research
TechnipFMC (FTI) Secures Major Contract for Angola Project
Tuesday Feb 28 2023 at 09:48
TechnipFMC (FTI) wins the Angola contract for a subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa.
The Motley Fool
Why 3 Oil and Gas Stocks Popped Today
Thursday Feb 23 2023 at 15:49
Earnings were great for three oil and gas companies, pushing them higher today.
Seeking Alpha
TechnipFMC plc (FTI) Q4 2022 Earnings Call Transcript
Thursday Feb 23 2023 at 12:36
TechnipFMC plc (NYSE:FTI ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Matt Seinsheimer – Senior Vice President-Investor Relations and Corporate Development Doug Pferdehirt – Chair and Chief Executive Officer Alf Melin – Executive Vice President and Chief Financial Officer Conference Call Participants David Anderson – Barclays Arun Jayaram – JPMorgan Scott Gruber – Citigroup Kurt Hallead – Benchmark Marc Bianchi – Cowen Operator Thank you for holding, and welcome everyone to the TechnipFMC Fourth Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Zacks Investment Research
FMC Technologies (FTI) Reports Q4 Loss, Tops Revenue Estimates
Thursday Feb 23 2023 at 09:47
FMC Technologies (FTI) delivered earnings and revenue surprises of -266.67% and 3.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
TechnipFMC (FTI) Secures Two Major Contracts From Equinor
Tuesday Feb 21 2023 at 09:02
TechnipFMC (FTI) secures major subsea contracts with Equinor for Norwegian and North Sea projects, with the contracts valued between $75M and $250M.
Zacks Investment Research
TechnipFMC (FTI) Wins Upto $1B iEPCI Contract From Aker BP
Friday Feb 03 2023 at 15:03
TechnipFMC’s (FTI) iEPCI contract from Aker BP involves the engineering, procurement, construction, and installation of subsea production systems, controls, pipelines and umbilicals.
Seeking Alpha
Strong Position In The Subsea Market Gives TechnipFMC An Edge
Tuesday Jan 24 2023 at 03:05
Growing shale gas extraction is expected to boost the growth of oilfield services market. TechnipFMC’s underwater solutions give it an edge over its peer companies in the subsea market.
TechnipFMC Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
TechnipFMC’s Altman Z-score is 0.77 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
TechnipFMC Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, there has been no insider trading in TechnipFMC.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
TechnipFMC’s Income Quality of -6.13 is lower than its Industry Group of 0.85 (-821.2% lower)
TechnipFMC’s Income Quality of -6.13 is lower than its Major Industry Group of 0.87 (-804.6% lower)
TechnipFMC’s Income Quality of -6.13 is lower than its Sector of 0.75 (-917.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
TechnipFMC’s Current Ratio of 1.18 is lower than its Industry Group of 2.11 (-44.1% lower)
TechnipFMC’s Current Ratio of 1.18 is lower than its Major Industry Group of 1.98 (-40.4% lower)
TechnipFMC’s Current Ratio of 1.18 is lower than its Sector of 2.6 (-54.6% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (-90.16 & 21.89)
Cannot compare a negative PE Ratio (-90.16 & 16.96)
Cannot compare a negative PE Ratio (-90.16 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
TechnipFMC’s PB Ratio of 2.57 is greater than its Industry Group of 1.46 (76.0% greater)
TechnipFMC’s PB Ratio of 2.57 is greater than its Major Industry Group of 1.85 (38.9% greater)
TechnipFMC’s PB Ratio of 2.57 is greater than its Sector of 1.62 (58.6% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
TechnipFMC’s ROE of -0.03 is lower than its Industry Group of 0.06 (-150.0% lower)
TechnipFMC’s ROE of -0.03 is lower than its Major Industry Group of 0.06 (-150.0% lower)
TechnipFMC’s ROE of -0.03 is in line with its Sector of -0.03
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
TechnipFMC’s ROCE of 0.01 is lower than its Industry Group of 0.08 (-87.5% lower)
TechnipFMC’s ROCE of 0.01 is lower than its Major Industry Group of 0.07 (-85.7% lower)
TechnipFMC’s ROCE of 0.01 is greater than its Sector of -0.04 (125.0% greater)
Derived from SEC.GOV filing dataopen_in_new