|Bid||23.94 x 1000|
|Ask||23.95 x 1000|
|Day's Range||23.35 - 24.04|
|52 Week Range||18.20 - 34.39|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||60.43|
|Earnings Date||Feb 14, 2017 - Feb 20, 2017|
|Forward Dividend & Yield||0.52 (2.29%)|
|1y Target Est||29.80|
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) and DOF Subsea (DOF) announce that the Skandi Olinda, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), has commenced its 8-year charter contract with Petróleo Brasileiro S.A. (Petrobras). Skandi Olinda has state-of-the-art pipelay and marine technology. Under the TechnipFMC/DOF joint venture agreement, TechnipFMC will manage flexible pipelay, and DOF will be responsible for marine operations.
Total backlog of TechnipFMC (FTI) at the end of fourth-quarter 2018 is estimated at $15 billion, higher than $13 billion in the year-ago period.
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.
Shares in TechnipFMC fell on Tuesday after weekly magazine Le Point reported the oil services company was the subject of a legal probe in France over alleged corruption in Brazil and Africa. TechnipFMC's U.S.-listed and Paris-listed shares initially fell by between 2-3 percent, although they pared back some of those losses. TechnipFMC, whose main listing is in New York, was down 0.9 percent on the U.S. market by 1505 GMT.
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TechnipFMC (FTI) estimates the value of the EPCI contract for the Mero 1 pre-salt field in the range of $500 million to $1 billion.
TechnipFMC (FTI) (FTI) has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large(1) engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore Brazil. It also includes the installation of rigid pipelines (including corrosion resistant alloy and steel lazy wave risers), flexible risers and flowlines(3), steel tube umbilicals(3) and other required subsea equipment.
We expect National Oilwell (NOV) to post lackluster results in the to-be-reported quarter amid weaker offshore activities and low oil prices.
While Marathon Petroleum (MPC) is likely to feel the heat of lower refining margins and reduced refined product sales, improved midstream and retail earnings are likely to aid overall results.
TechnipFMC PLC (NYSE: FTI), which has its operational headquarters in Houston, was awarded a contract for work on Exxon Mobil Corp.’s (NYSE: XOM) latest refinery expansion in Beaumont, Texas. The contract is worth between $500 million and $1 billion, according to TechnipFMC’s Jan. 31 press release. TechnipFMC will be handling engineering, procurement and construction of the project. The project will add four new units — atmospheric pipe still, kerosene hydrotreater, diesel hydrotreater and benzene recovery — that will be integrated into the existing facilities at the refinery. “We are pleased to have been awarded this contract by our long-term client, Exxon Mobil,” Nello Uccelletti, president of TechnipFMC’s Onshore/Offshore business, said in the release.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded a large(1) reimbursable contract by ExxonMobil for detailed engineering, procurement, and construction for the recently announced crude expansion project in Beaumont, Texas, USA. The awarded scope covers the addition of four new units – atmospheric pipe still, kerosene hydrotreater, diesel hydrotreater and benzene recovery at ExxonMobil’s Refinery. The new units of this expansion project will be integrated into the existing facilities at the refinery.
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Installation contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 meters.
The Woodlands-based Target Logistics Management LLC, also known as Target Lodging, brought two new faces into its executive suite in late January, nabbing former Dynegy Inc. and TechnipFMC PLC (NYSE: FTI) leadership. Target Lodging named Heidi Lewis as executive vice president, general counsel and secretary, according to a Jan. 28 press release.
DUBAI (Reuters) - Saudi Aramco's unit Saudi Aramco Technologies on Tuesday signed a joint agreement with Axens and TechnipFMC to accelerate development and commercialisation of its catalytic crude to chemicals ...
Weakness in oil prices, Permian pipeline pinch, along with muted activities in international and offshore markets are likely to affect Core Laboratories' (CLB) Q4 results.
NEW YORK, Jan. 25, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Analyzing Halliburton’s Q4 Earnings(Continued from Prior Part)Completion and Production segmentHalliburton’s (HAL) Completion and Production segment’s revenues fell 8% sequentially in the fourth quarter. The segment’s operating income fell
The Zacks Analyst Blog Highlights: Royal Dutch, SemGroup, Nabors Industries, TechnipFMC and BP
Royal Dutch Shell (RDS.A) started up its fourth linear alpha olefins unit at its Geismar chemicals plant, while SemGroup (SEMG) and KKR teamed up for a Canadian midstream infrastructure platform.
What to Expect from Schlumberger’s Q4 Earnings(Continued from Prior Part)North America operationsIn the third quarter, Schlumberger’s (SLB) North America operations contributed 38% of its revenues. The North America revenues rose 2%
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as TechnipFMC plc (NYSE:FTI), with a market capitalization of US$9.4b, rarely draw their attention from the investing community. Read More...
Thierry Pilenko will leave his post as executive chairman of TechnipFMC PLC (NYSE: FTI) in the second quarter. The company, which formed via a merger between Technip and FMC Technologies in January 2017, originally appointed Pilenko to his board position to maintain leadership continuity for a number of projects, according to a Jan. 9 filing with the U.S. Securities and Exchange Commission. Now that TechnipFMC has completed two large liquefied natural gas projects — Prelude FLNG and Yamal LNG — Pilenko announced plans to retire.