FTI - TechnipFMC plc

NYSE - NYSE Delayed Price. Currency in USD
24.39
+0.39 (+1.62%)
At close: 4:05PM EDT
Stock chart is not supported by your current browser
Previous Close24.00
Open24.15
Bid24.28 x 2200
Ask24.29 x 1000
Day's Range24.12 - 24.57
52 Week Range18.20 - 32.91
Volume5,454,207
Avg. Volume3,718,274
Market Cap11.125B
Beta (3Y Monthly)1.66
PE Ratio (TTM)N/A
EPS (TTM)-4.45
Earnings DateOct 23, 2019
Forward Dividend & Yield0.52 (2.14%)
Ex-Dividend Date2019-08-19
1y Target Est31.01
Trade prices are not sourced from all markets
  • McDermott's JV in China Lands Arctic LNG Project Contract
    Zacks

    McDermott's JV in China Lands Arctic LNG Project Contract

    McDermott's (MDR) joint venture with China Shipbuidling Industry Corporation will execute fabrication along with partial procurement, construction and pre-commissioning scope.

  • Oil & Gas Stock Roundup: TechnipFMC's Spin-Off, Kinder Morgan's Asset Sale & More
    Zacks

    Oil & Gas Stock Roundup: TechnipFMC's Spin-Off, Kinder Morgan's Asset Sale & More

    TechnipFMC (FTI) plans to spin off its engineering and construction business to create two independent companies, while Kinder Morgan (KMI) will sell its Canadian unit and portion of a pipeline.

  • Rigzone.com

    Analysts Look at TechnipFMC Demerger

    WoodMac and Rystad take a look at TechnipFMC's demerger.

  • Trump Feeds Oil Markets False Hope
    Oilprice.com

    Trump Feeds Oil Markets False Hope

    Oil prices rallied slightly at the start of the week on the back of what many consider false hope of a trade war de-escalation and a thawing of tensions between the U.S. and Iran.

  • Stock Market News for Aug 27, 2019
    Zacks

    Stock Market News for Aug 27, 2019

    Benchmarks closed higher on Monday after President Trump said China wants to return to the table to negotiate trade issues.

  • 3 Big Stock Charts for Tuesday: TechnipFMC PLC, Vertex Pharmaceuticals and Constellation Brands
    InvestorPlace

    3 Big Stock Charts for Tuesday: TechnipFMC PLC, Vertex Pharmaceuticals and Constellation Brands

    Stocks bounced back from Friday's misery to start the new trading week on renewed hopes for some sort of trade deal with China. But, given the scope of Friday's meltdown, a bounce was nearly inevitable. Even with Monday's gain of 1.1%, the S&P 500 is still down 1.5% from Thursday's close.Source: Shutterstock Teva Pharmaceutical (NYSE:TEVA) led the way with its 5.2% gain during regular-hours action, followed by more than a 2% pop in after-hours trading on a small wave of encouraging news that emerged for the struggling company last week. Roku (NASDAQ:ROKU) wasn't far behind though, rallying nearly 4% as investors continue to chase its move into record-high territory.Holding the market back more than any other name was Philip Morris (NYSE:PM), down more than 4% on rumors it may merge with Altria Group (NYSE:MO).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Companies Using AI to Grow As for names worth a look headed into today's action, take a look at the stock charts of TechnipFMC PLC (NYSE:FTI), Constellation Brands (NYSE:STZ) and Vertex Pharmaceuticals (NASDAQ:VRTX). Here's why. Constellation Brands (STZ)Constellation Brands shares, like most other stocks, snapped out of their late-2018 funk with a clear rebound. The effort since April, however, has been choppy at best and ineffective at worst. The end result is the formation of a converging wedge pattern that's still got STZ stock contained.There's solid bullish work still being done within that containment though, that's worth noting because it could be setting up a breakout thrust. With four months' worth of pent-up energy ready to unleash, that move could be a very tradeworthy one. Click to Enlarge * The wedge is plotted on both stock charts, with the upper boundary marked by a yellow line and the lower boundary marked by a blue line. Constellation Brands is one good day away from breaking above the ceiling. * Another technical ceiling has also taken shape since last month. STZ shares have peaked twice around $206, marked in red on both stock charts. * We've not seen it happen yet, but for any breakout to be truly healthy, support has to start materializing at one or more of the moving average lines. Most are right around $196 now. Vertex Pharmaceuticals (VRTX)The past several months haven't been easy ones for Vertex Pharmaceuticals shareholders. The stock has gone nowhere, but it has still been sea-sickeningly volatile. A key support as well as a key resistance line have both been breached, but in both cases, it's only temporarily.These past few months haven't been pointless though. They've helped define how and where traders are drawing their mental lines in the sand. And, with one more good "oomph" to get VRTX shares above the ceiling -- the stock couldn't hold above earlier in the month -- shares could finally breakout out of their rut. * 7 5G Stocks to Connect Your Portfolio To Click to Enlarge * It's plotted on both stock charts. That is, Vertex shares have been squeezed toward the tip of a converging wedge shape that materialized at the beginning of this year. * The upper boundary, marked in yellow, failed to keep the rally effort in check earlier this month, though VRTX fell back under it last week. A second wind, however, could get and keep it above that ceiling. * It would be easy to miss given the sheer number of moving average crosses since late last year, but as of last week, we're now in the shadow of a so-called golden cross, where the purple 50-day line is above the white 200-day line. TechnipFMC PLC (FTI)Even though it's an S&P 500 component, most investors have likely never heard of TechnipFMC PLC. Don't let its obscurity or relatively small size mislead you though. Even with a market cap of a modest $10 billion, the oil and gas technology stock can move and shake things up within the industry. And, like most other energy names, FTI was hit pretty hard in the last quarter of last year.Things have been different this year though … not necessarily for the better, but moving in that direction. Even though the bulk of Monday's intraday gain was given back, the bulls once again tipped their hand to say they're increasingly interested in owning this name. * Click to EnlargeOnce again, the stock in question is framed by a yellow resistance line and blue support line on both stock charts. But, this time, those lines are part of a diverging wedge, rather than converging one. * At the very least, the kiss of the lower boundary of the trading range in mid-August sets the stage for a move to the upper boundary, to repeat the pattern that has been in place since early this year. * As was the case with Constellation Brands, the key from here will be finding support at the moving average lines. None appeared to be support on Monday, though it's likely the bulls will try again this week.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies Using AI to Grow * The 10 Biggest Winners From Second-Quarter Earnings * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 3 Big Stock Charts for Tuesday: TechnipFMC PLC, Vertex Pharmaceuticals and Constellation Brands appeared first on InvestorPlace.

  • TechnipFMC (FTI) Moves to Unlock Value by Splitting in Two
    Zacks

    TechnipFMC (FTI) Moves to Unlock Value by Splitting in Two

    The spin-off will see the formation of a new company that will include TechnipFMC's (FTI) Onshore/Offshore segment.

  • Moody's

    FMC Technologies, Inc. -- Moody's reviews TechnipFMC's ratings for possible downgrade

    Moody's Investors Service ("Moody's") placed TechnipFMC plc's (TechnipFMC) ratings under review for downgrade following the company's announcement on August 26, 2019 that it will spin-off its Onshore/Offshore segment into a standalone public company. The ratings under review include TechnipFMC's Baa2 issuer rating, Baa2 rating on the EUR 450 million unsecured convertible bonds due 2021 as well as $500 million senior unsecured notes due 2022.

  • TechnipFMC to split into 2 companies just 3 years after multibillion-dollar merger
    American City Business Journals

    TechnipFMC to split into 2 companies just 3 years after multibillion-dollar merger

    "The exceptional performance of TechnipFMC since the merger has made the proposed spinoff possible and, when completed, will enable the two companies to unlock additional value," a press release states.

  • MarketWatch

    TechnipFMC shares rise 5% on news to split into two publicly traded companies

    TechnipFMC shares rose about 5% Monday, after the oil-services company said it is planning to split into two publicly traded companies by spinning off its onshore/offshore business. The company, which was created by the January 2017 merger of France's Technip S.A. with Houston's FMC Technologies Inc., said it expects to complete the split in the first half of 2020. The engineering and construction spinoff is expected to have about 15,000 employees and to be based in Paris. The remaining entity will have about 22,000 employees and will be headquartered in Houston. TechnipFMC shares have gained 24% in 2019, while the S&P 500 has gained 15%.

  • Business Wire

    TechnipFMC Intends to Create Two Industry-Leading, Independent, Publicly Traded Companies

    The separation would enhance both RemainCo’s and SpinCo’s focus on their respective strategies and provide improved flexibility and growth opportunities. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the first half of 2020, subject to customary conditions, consultations and regulatory approvals, at which time all outstanding shares of SpinCo will be distributed to existing TechnipFMC shareholders.

  • TheStreet.com

    TechnipFMC Rises After Announcing It Will Split Company in Two

    TechnipFMC will split into a fully-integrated technology and services provider in the energy space, and an engineering and construction firm.

  • Rigzone.com

    TechnipFMC to Split

    TechnipFMC's board has unanimously approved a plan to separate the firm into two independent, publicly traded companies.

  • FMC Technologies (FTI) Down 14.2% Since Last Earnings Report: Can It Rebound?
    Zacks

    FMC Technologies (FTI) Down 14.2% Since Last Earnings Report: Can It Rebound?

    FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • TechnipFMC to Strengthen GoM Portfolio With PowerNap Contract
    Zacks

    TechnipFMC to Strengthen GoM Portfolio With PowerNap Contract

    TechnipFMC (FTI) will work on Shell's PowerNap project which entails integrated engineering, procurement, construction and installation.

  • Business Wire

    TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the Shell PowerNap project in the Gulf of Mexico

    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.

  • Energy Corridor office tower returns to 100% occupancy after losing huge tenant last year
    American City Business Journals

    Energy Corridor office tower returns to 100% occupancy after losing huge tenant last year

    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.

  • Oil & Gas Stock Roundup: BP and TOTAL Report Q2 Earnings
    Zacks

    Oil & Gas Stock Roundup: BP and TOTAL Report Q2 Earnings

    European integrated majors BP plc (BP) and TOTAL S.A. (TOT) reported contrasting second-quarter earnings.

  • Patterson-UTI (PTEN) Reports Narrower Q2 Loss, Revenues Beat
    Zacks

    Patterson-UTI (PTEN) Reports Narrower Q2 Loss, Revenues Beat

    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.

  • National Oilwell (NOV) Posts Narrower-Than-Expected Q2 Loss
    Zacks

    National Oilwell (NOV) Posts Narrower-Than-Expected Q2 Loss

    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).

  • Thomson Reuters StreetEvents

    Edited Transcript of FTI.N earnings conference call or presentation 25-Jul-19 12:00pm GMT

    Q2 2019 TechnipFMC PLC Earnings Call

  • Oil Stocks Q2 Earnings Roster for Jul 29: RIG, NOV & MDR
    Zacks

    Oil Stocks Q2 Earnings Roster for Jul 29: RIG, NOV & MDR

    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 plc (FTI) Q2 2019 Earnings Call Transcript
    Motley Fool

    TechnipFMC plc (FTI) Q2 2019 Earnings Call Transcript

    FTI earnings call for the period ending June 30, 2019.