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TechnipFMC plc (FTI)

NYSE - Nasdaq Real Time Price. Currency in USD
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8.64+0.39 (+4.73%)
At close: 04:00PM EDT
8.74 +0.10 (+1.16%)
After hours: 07:31PM EDT
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  • p
    paultre
    Guys, check out (http://Achieverspot.tech). They have been crushing it lately while FTI barley does anything at all.
  • G
    Golden Dragon
    Amid the non-stopped Ukraine war and sanctions Russia is facing in oils & gas export, expect investment in offshore oils and gas production will increase heavily in other regions outside Russia territory. It will provide a very good opportunity for FTI to strengthen its positioning as a leading subsea technology and services providers.
  • C
    Charles
    Take a look at ticker ILUS as well my fellow investors - they are uplisting in 2022. ILUS has patented firefighting technology.
    (Example: water mist nozzle for EV battery fires)
    ILUS is in discussions with Tesla regarding this patented technology.
    ILUS manufactures EV's, UAV's, and Drones to name a few of their many business endeavors. They are an M & A company, and profitable.
    ILUS has completed "7" acquisitions in the last 14 months.
    ILUS is also reducing their number of outstanding shares by 180 million shares, in addition to all the other excellent news they have recently released.
    ILUS International has also entered into a massive agreement with the European Union and will begin manufacturing a variety of vehicles including those used by the military and defense sectors in Europe, as well as the private sector.
    Phase one of this contract has just recently been announced.
    (Please see Yahoo Finance for recent news & updates)
    ILUS International is certainly worth a look.
    Bullish
  • b
    bobb
    This stock is moving slower than a snail stuck on a piece of tape...
    Neutral
  • T
    Thomas
    This past week alone Technip FMC have already received 3 major contract:

    1. Egypt-
    https://www.upstreamonline.com/field-development/technipfmc-triumphs-in-egypt-with-new-subsea-contract/2-1-965104
    2. Malaysia -
    https://www.businesswire.com/news/home/20210222005689/en/TechnipFMC%E2%80%99s-subsidiary-FMC-Wellhead-Equipment-Sdn.-Bhd.-Awarded-a-Contract-by-PETRONAS-Carigali-for-Limbayong-Deepwater-Development-Project-in-Offshore-Malaysia
    3. Israel-
    https://www.oedigital.com/news/485509-israel-technipfmc-wins-more-karish-work

    but at the same time the stock dropped by more than 30% partly due to the 20% reduction due to spin off and the rest might be because of misinformation and panic overselling.

    EuroNext did it better and multiply the 20% to Technip FMC stock the day of the spin off. Thus the first day of EuroNext Technip Stock dropped only by 1% (due to the correction the 20% was not taken account).

    Not sure why NYSE didn't do the same.
    TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) is pleased to announce that its subsidiary, FMC Wellhead Equipment Sdn. Bhd. (TechnipFMC) has
    TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) is pleased to announce that its subsidiary, FMC Wellhead Equipment Sdn. Bhd. (TechnipFMC) has
    www.businesswire.com
    Bullish
  • C
    Carl
    This might easy some of the confusion seen on this board:
    "The transaction is structured as a spin-off of a majority stake in TechnipFMC’s Technip Energies segment in the form of a share dividend pursuant to which holders of TechnipFMC shares will receive shares of Technip Energies.

    Subject to satisfaction of customary conditions and receipt of regulatory approvals, the last day of trading of TechnipFMC shares that include the right to receive Technip Energies shares on the New York Stock Exchange (NYSE) and Euronext Paris stock exchange (Euronext Paris) will be 12 February 2021 and 15 February 2021, respectively. TechnipFMC shares would then commence trading on a standalone basis on NYSE and Euronext Paris on 16 February 2021.

    TechnipFMC has established 16 February 2021 as the distribution date and 5:00 p.m., New York time, on 17 February 2021 as the record date. On the Distribution Date, TechnipFMC shareholders on the Record Date will be eligible to receive, based on the expected distribution ratio, one Technip Energies share for every five TechnipFMC shares.

    Technip Energies will become an independent public company and no longer part of TechnipFMC at 9:00 a.m. CET on the ex-date, 16 February 2021, which is the dividend detachment date in respect of the Distribution of the Technip Energies shares. Accordingly, Technip Energies shares will commence trading on an if-and-when-delivered (conditional upon delivery) basis on Euronext Paris at market open at 9:00 a.m. CET on 16 February 2021, with delivery on 23 February 2021. Regular trading in the Technip Energies shares on Euronext Paris will start at 9:00 a.m. CET on 19 February 2021.

    Technip Energies intends to establish a sponsored American Depositary Receipt (ADR) programme in the United States as of the Payment Date. Trading of the ADRs is expected to commence on the over-the-counter market upon approval and announcement by the Financial Industry Regulatory Authority, Inc. (FINRA)."
  • G
    Golden Dragon
    Big guys are buying this baby, don't sell yours. The average analysts rating of FTI for current week is 2.0 vs 2.2 the prior week (1: Buy, 2: Outperform, 3: Hold, 4: under-perform, 5:sell). MorningStar has price target at $14, no change.
    Bullish
  • A
    Anwar
    Ok we need to reinvigorate this chat room now that the big news has come. So my understanding is that TechnipFMC will split into two companies on Feb 12. Will they have different management?
    It’s difficult to get solid info on this company outside of their website. What are the old timers here say about the short term/long term future of these companies?
  • P
    P Ryan
    TechnipFMC plc to Sell Part of Its Stake in Technip Energies N.V.1:44 PM ET, 04/26/2021 - Business WireSale of 25 million TechnipEnergies N.V. (?Technip Energies?) shares representing ca. 14% of Technip Energies? share capital through an accelerated bookbuild offering TechnipFMC plc (?TechnipFMC?) would, upon completion of the Placement and the Concurrent Sale to Technip Energies, retain a stake of ca. 31% of the share capital of Technip EnergiesLONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Apr. 26, 2021-- This press release is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities and the offer of Technip Energies shares does not constitute a public offering other than to qualified investors in any jurisdiction, including in France.TechnipFMC announces the launch of the placement of 25 million Technip Energies shares (the ?Shares?), representing ca. 14% of Technip Energies? share capital, through a private placement by way of an accelerated bookbuild offering (the ?Placement?).Technip Energies has indicated it will purchase from TechnipFMC #$%$20.0 million equivalent of shares at the price of the Placement (the ?Concurrent Sale to Technip Energies?). This purchase is separate from the Placement.Upon completion of the Placement and the Concurrent Sale to Technip Energies, TechnipFMC would retain a direct stake of ca. 31% of Technip Energies? share capital.TechnipFMC has agreed to a 60-day lock-up for its remaining shares in Technip Energies, subject to waiver from the Joint Global Coordinators (as defined below) and certain other customary exceptions, including transfer of shares to a subsidiary, granting and enforcement of security interests in connection with financing and derivative transactions and tender into any public tender offer for all or part of the shares.The Placement is targeted at eligible institutional investors. There will be no public offering in any country.The final terms of the Placement are expected to be announced on 27 April at the latest. Settlement for the Placement is expected to take place on or around 30 April 2021.
  • G
    Golden Dragon
    Anyone get FTI spin-off shares (TE) in your account today?
  • G
    Golden Dragon
    A little disappointed on the earning. However, overall FTI is still looking very discount in comparison to the oils stocks and the oils price ($80-$86). Institutions are stilling holding very high as well (88%).
    Bullish
  • M
    Mi
    JONATHAN LANDES gets 27,178 shares
    Alf Melin gets 26,388 shares
    Kmieciak Agnieszka gets 109,286 share
    Glickman Barry gets 172,211 shares
    Rounce Justin gets 238,447 shares
    Doroghazi Krisztina 12,841 shares
    J. Douglas Pferdehirt gets 1,284,977 shares

    Total insiders get 1,871,328 shares this week - before ER date!
    Something deserves our attention
  • D
    Dmitri
    technip energies spin off has been completed, technical reference price is 9#$%$ on Paris exschange. ticker: TE
  • F
    Frank
    LONDON & PARIS & HOUSTON --(BUSINESS WIRE)-- TechnipFMC (NYSE:FTI) (PARIS:FTI) has received a letter of award (LOA) by Energean Israel Limited for the development of the Karish North field, located offshore Israel .
    TechnipFMC will design, manufacture, deliver and install subsea equipment including the subsea production system, rigid flowlines and umbilicals as a tieback to the ‘Energean Power’ FPSO as well as the second gas export riser.
    Jonathan Landes , President Subsea at TechnipFMC , commented: “We are delighted to partner again with Energean. This LOA demonstrates the value of our in-depth field knowledge and previous experience with Energean through the Karish main development, awarded to TechnipFMC in 2018. Early client engagement, leveraging our iFEED™ capability, as well as our ability to offer a full suite of services and global experience, form part of our unique fully integrated EPCI (iEPCI™) offering. We look forward to further expanding our partnership with Energean through the development of Karish North .”
  • J
    John
    Am I correct in assuming there's possibly some heavy selling volume based on the confusion surrounding the spinoff shares? That part of the business is doing phenomenally, and it seems extremely oversold in the low 7s.
  • F
    Frank
    TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) integrated Engineering Procurement Construction and Installation (iEPCI™) contract by NIpetco and PetroAmriya, two Joint Ventures between Energean and Egyptian Natural Gas Holding Company (EGAS) and Egyptian General Petroleum Corporation (EGPC) for a subsea tieback located offshore Egypt on the North El Amriya and North Idku concession.
    TechnipFMC will design, manufacture, deliver and install subsea equipment including the subsea production system, subsea trees, production manifolds, umbilicals, flexible pipelines, jumpers and associated subsea and topside controls.
    This is the second project that TechnipFMC will execute for Energean using its integrated subsea model, thereby reducing the overall cost, project interfaces and associated delivery risks. TechnipFMC is currently partnering with Energean to develop the Karish gas field development in the Mediterranean Sea offshore Israel .
    Jonathan Landes , President Subsea at TechnipFMC , commented: “We are proud and honored to be selected for this important development offshore Egypt . This project award showcases TechnipFMC’s position as the market and technology leader for integrated projects globally and demonstrates the benefits of our iEPCI™ solution for subsea developments. We will continue our long-term, collaborative relationship with Energean and are pleased to work again with EGPC and EGAS for the development of gas production in Egypt.”
    (1) For TechnipFMC , a “significant” contract ranges between $75 million and $250 million .
  • G
    Golden Dragon
    Year end shopping. Bought a ton of FTI today. Wishing FTI share holders all have a healthy, happy and prosperous new year. With new antiviral pills and vaccines available worldwide, I believe the covid19 pandemic will end soon and FTI will back to $15-$20.
  • S
    Stephanie
    The Tehchnip Energies share are not free. Once they pay it as dividend FTI share price will automatically be adjusted and trade.
  • M
    Mr Clean
    FTI announced a dividend of $.13 (4.54% yield) payable to those on record on the 16th, if shorts have to pay that and the new shares from spin then there has to be some kind of short covering soon, shorted shares increased 17% to 20 million from around 17 million from Jan-15th to Jan 29th......i’m holding to see what will happen
  • s
    shaune
    this stocks deserves to be more than 15!

    winning so many projects, Brent is above 70, technology & market leader in their field.

    for sure more than 20 by the end of the year
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