|Bid||24.15 x 2200|
|Ask||24.19 x 3100|
|Day's Range||23.92 - 24.34|
|52 Week Range||18.20 - 32.91|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||0.52 (2.14%)|
|1y Target Est||31.55|
TechnipFMC (FTI) (FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the PowerNap project, located in the Gulf of Mexico. TechnipFMC will design, manufacture and install subsea hardware, including subsea tree systems, subsea distribution controls, topside controls, flying leads and connectors for three wells, in addition to the supply of 20 miles of production umbilical and flowlines. Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very pleased to have been awarded this iEPCITM contract for the Shell PowerNap project.
After losing one of its largest tenants last year, one of the Energy Corridor’s most prominent office towers is back to being 100 percent occupied.
Patterson-UTI's (PTEN) contract drilling segment recorded operating income of $16.5 million, turning around from the loss of $251,000 in the year-earlier quarter.
The bottom line fell from the year-ago period as North American drillers scale back their production growth plans, leaving less work for the likes of National Oilwell Varco (NOV).
The energy sector's second-quarter 2019 earnings and revenues are expected to decline 17.6% and 2.6%, respectively, from the year-ago period.
TechnipFMC (FTI) books record inbound orders of $11.2 billion in Q2, primarily driven by major contract wins for Arctic LNG 2 and Mozambique projects.
Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday. "We achieved record inbound orders in the quarter, with total company orders reaching $11.2 billion," Doug Pferdehirt, chairman and CEO of TechnipFMC, said in a statement. Onshore/offshore inbound orders of $8.1 billion was also a new record for the business segment and the total backlog for projects for the company increased more than 75 percent since year-end to $25.8 billion.
FMC Technologies (FTI) delivered earnings and revenue surprises of 11.43% and 5.49%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
LONDON & PARIS & HOUSTON-- -- Total Company orders of $11.2 billion; book-to-bill of 3.3 Net income of $97 million and adjusted EBITDA of $450 million Updated 2019 guidance for Subsea and Onshore/Offshore Regulatory News: TechnipFMC plc today reported second quarter 2019 results. Total Company revenue was $3,434.2 million. Net income was $97 million, or $0.21 per diluted share. These results included ...
Oil services firm TechnipFMC said on Tuesday it had been awarded a major engineering, procurement and construction contract by Russia's Novatek and its partners for the Arctic 2 liquefied natural gas project in western Siberia. It said the consolidated contract value to TechnipFMC for Arctic LNG-2 was $7.6 billion and consists of three LNG trains, each with a capacity of 6.6 million tons per annum (Mtpa). The Arctic LNG 2 project aims to develop more than 7 billion barrels of oil equivalent (boe) of resources.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded a major(1) Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia. This development will consist of three liquefied natural gas (LNG) trains, each with a capacity of 6.6 Mtpa(2), which will be installed on three gravity-based structure platforms. TechnipFMC will execute this project under a lump sum and reimbursable basis.
Transition to a more disciplined capital spending approach within the exploration and production space is expected to weigh on Forum Energy's (FET) Q2 results.
Robust domestic economic growth through the quarter has likely boosted demand for products like gasoline, diesel and petrochemicals, driving Phillips 66's (PSX) marketing and chemicals businesses.
TechnipFMC (FTI) (FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from Neptune Energy for the Seagull project, located in the Central North Sea. This contract is the second call-off under the recently announced five-year strategic global alliance agreement between TechnipFMC and Neptune Energy. TechnipFMC will manufacture, deliver and install subsea equipment including production and water wash pipelines, umbilicals, subsea structures and control systems.
Higher revenues and EBITDA from TechnipFMC's (FTI) Onshore/Offshore segment are expected to drive earnings in the second quarter of 2019.
Transition to a more disciplined capital spending approach within the exploration and production space is expected to weigh on Halliburton's (HAL) Q2 results.
FMC Technologies (FTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The federal government's EIA report revealed that crude inventories plunged by 9.5 million barrels for the week ending Jul 5, more than 4.5 times what energy analysts had expected.