28.31 -0.02 (-0.07%)
After hours: 4:11PM EDT
|Bid||25.30 x 3200|
|Ask||28.70 x 800|
|Day's Range||28.09 - 28.43|
|52 Week Range||24.53 - 35.00|
|PE Ratio (TTM)||59.16|
|Forward Dividend & Yield||0.52 (1.70%)|
|1y Target Est||N/A|
Houston and Galveston’s port district has officially become a net exporter of crude, according to a report published April 20 by the U.S. Energy Information Administration. Crude exports from the region passed up imports by 15,000 barrels per day back in April, according to the data.
On August 16, Jefferies raised its rating for TechnipFMC (FTI) from “hold” to “buy.” It also raised its price target for FTI from $30 to $37. On August 2, Barclays raised its price target for TechnipFMC from $32 to $35. On July 30, BMO raised FTI’s price target from $34 to $35.
Investors who want to cash in on TechnipFMC plc’s (NYSE:FTI) upcoming dividend of US$0.13 per share have only 2 days left to buy the shares before its ex-dividend date, 20Read More...
This analysis is intended to introduce important early concepts to people who are starting to invest and want to start learning about core concepts of fundamental analysis on practical examplesRead More...
On July 31, the API (American Petroleum Institute) released its oil inventory report after crude oil futures’ settlement on NYMEX. The API reported that US crude oil inventories rose by 5.6 MMbbls (million barrels) on July 20–27. A Reuters survey estimates that US oil inventories could have fallen by 2.8 MMbbls during the same period. The U.S. Energy Information Administration is scheduled to release its oil inventory report on August 1.
Active WTI crude oil futures was trading above their 50-day, 100-day, and 200-day moving averages of $69.20, $67.60, and $63.30 per barrel, respectively, on July 30. These moving average suggests bullishness in oil prices. However, WTI crude oil was trading below its 20-day moving average of $70.90 per barrel on July 30.
Halliburton’s (HAL) implied volatility was 23.1% as of July 27. Since July 23, the day Halliburton released its first-quarter earnings, its implied volatility has decreased. Halliburton accounts for 2.7% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES). XES provides exposure to the energy sector’s oil and gas equipment and services segment. XES has increased 3% since July 23—compared to a 0.6% rise in Halliburton’s stock price during the same period. The implied volatility signals a stock’s potential price movement from option holders’ perspective. ...
In this article, we’ll look at Wall Street’s forecasts for TechnipFMC (FTI) stock following its Q2 2018 earnings release.
From Q2 2017 to Q2 2018, National Oilwell Varco’s (NOV) Wellbore Technologies segment revenue rose 29.2%. It was the highest rise in revenue among NOV’s operating segments in Q2 2018. Its Completion & Production Solutions segment witnessed a 13.2% YoY (year-over-year) rise in revenue in Q2 2018. The Wellbore Technologies segment was NOV’s highest revenue contributor (36%) followed by Completion & Production Solutions (34%) in Q2 2018.
TechnipFMC (FTI) released its Q2 2018 financial results on July 25 after the market closed. On that day, FTI’s stock price reacted slightly negatively with a fall of 0.2% to $29.87 from the previous day’s close. The West Texas Intermediate (or WTI) crude oil price increased 1.1% on July 25 over the previous day’s close. Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!
Weatherford International (WFT) released its Q2 2018 financial results today. The company recorded total revenues of ~$1.45 billion in Q2 2018, up 6.2% from the ~$1.36 billion it recorded in Q2 2017. WFT’s year-over-year revenue grew primarily in the Western Hemisphere in the second quarter. In particular, higher production and completions work in the United States and integrated service projects activity in Mexico lifted WFT’s revenues.
Out of all of TechnipFMC’s (FTI) segments, the Subsea segment fell the most from Q2 2017 to Q2 2018 with a 29.6% fall, followed by the Onshore/Offshore segment with a 26% fall. On the other hand, FTI’s Surface Technologies segment saw 33.7% higher revenue during the same period. The Onshore/Offshore segment was FTI’s largest component, accounting for 45% of FTI’s revenues in Q2. The Surface Technologies segment was the smallest at 13.5% of FTI’s Q2 revenues.
National Oilwell Varco (NOV) released its Q2 2018 financial results on July 26 after the market closed. It reported revenues of $2.11 billion, up 19.7% from $1.76 billion in Q2 2017. Sequentially, its revenues increased 17.3%. Strong North American upstream activity and revenue growth in most of NOV’s international markets led to the overall rise in revenues in the second quarter.
On a per-share basis, the London-based company said it had net income of 23 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 28 cents per share. The results missed ...
FMC Technologies (NYSE: FTI ) unveils its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement Earnings and Revenue Wall Street expects EPS ...
Halliburton (HAL) released its Q2 2018 financial results today. The company recorded total revenues of ~$6.15 billion in Q2 2018, up 24% from its ~$4.96 billion in Q2 2017. Halliburton’s revenues for Q2 2018 increased mostly due to higher onshore pressure pumping activity in the United States and Europe/Africa/CIS (the Commonwealth of Independent States) as well as higher sales of HAL’s completion tool in the Middle East.
As of July 19, ION Geophysical’s (IO) implied volatility was ~68.7%. ION Geophysical’s first-quarter earnings were announced on May 2. Since then, the company’s implied volatility has decreased from ~71% to this level. Since May 2, ION Geophysical’s stock price has decreased 16%. The implied volatility points to a stock’s potential movement as viewed by investors.
TechnipFMC's (FTI) second-quarter results might get affected by award postponements and lower margins, offset by rising momentum in the North American market.
In this article, we’ll look at Wall Street analysts’ forecasts for TechnipFMC (FTI) before its Q2 2018 earnings. Analysts’ rating for TechnipFMC
TechnipFMC’s (FTI) first-quarter financial results were released on May 9. Between May 9 and July 10, TechnipFMC’s implied volatility has decreased from 36.7% to 35.9%. The company’s stock price decreased 5% during this period. Stock price forecast for TechnipFMC
TechnipFMC’s (FTI) stock price correlation with crude oil from April 10, 2017, to July 10, 2018, was 0.11, which indicates a relatively weak positive relationship between TechnipFMC’s stock and crude oil prices. A low correlation indicates the stock’s price loosely tracked crude oil prices. FTI’s correlation with crude oil prices was lower in the trailing three months to July 10, 2018, compared to the past year. The WTI crude oil price increased 11% in the past three months until July 10.
Short interest in TechnipFMC (FTI) as a percentage of its float is 2.0% as of July 10 compared to 3.05% a year ago. Since July 10, 2017, short interest in FTI has decreased 34%. So, investors have decreased negative bets on FTI in the past year. Since July 10, 2017, FTI’s stock price has increased 15.5%.