|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.31 - 22.03|
|52 Week Range||16.46 - 29.17|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.46 (2.37%)|
|1y Target Est||29.20|
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)Schlumberger in 2019Schlumberger (SLB) has risen ~26% in 2019 due to strength in crude oil prices. The stock has outperformed Baker Hughes (BHGE), Halliburton (HAL),
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)Rising DUC inventory The inventory of DUC (drilled but uncompleted) wells has been rising for two years. The number of drilled but uncompleted wells has risen
Schlumberger’s Q1 Earnings Are Expected to Fall 21%Schlumberger’s first-quarter results Schlumberger (SLB) is scheduled to report its first-quarter earnings on April 18. Analysts’ consensus EPS estimate is $0.3 per share. The
Is TechnipFMC plc (NYSE:FTI) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably but historically their consensus stock picks […]
TechnipFMC (FTI) (FTI) has been awarded a significant(1) contract for Lapa field by Total E&P do Brasil Ltda. The Lapa field is located in the pre-salt Santos Basin, under the BM-S-9A concession, at 2,150 meters of water depth offshore Brazil. The field will be connected to the FPSO(2) Cidade de Caraguatatuba, already in operation.
TechnipFMC (FTI.PA) (FTI) has been awarded a substantial(1) integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract from Neptune Energy for the Duva and Gjøa P1 projects, located in the Norwegian sector of the North Sea at a water depth of 375 meters. The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines and subsea production system. Arnaud Piéton, President Subsea at TechnipFMC, commented: “These new iEPCITM awards by Neptune Energy are the first call offs from our recently signed Subsea Alliance Agreement which is based on early engagement and more collaboration and transparency between Operator and Contractor.
TechnipFMC PLC (NYSE: FTI), which has its operational headquarters in Houston, paid its top executive 225 times what it paid its median employee in 2018. Doug Pferdehirt, the company’s CEO, got a total 2018 compensation of $13.4 million, according to the company’s proxy statement filed this month with the U.S. Securities and Exchange Commission. The median compensation for the company's other employees was $59,634, according to the proxy.
TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, Transportation and Installation contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) announced today a donation of $100,000 to assist disaster relief and recovery efforts following Cyclone Idai, which made landfall in Mozambique on March 14. The funds will be contributed to the Red Cross for ongoing rescue efforts and for shelter and basic commodities for the victims. TechnipFMC employees in Mozambique have all been reported safe.
PARIS (Reuters) - French Finance Minister Bruno Le Maire on Thursday slammed a bonus payment deal for TechnipFMC's outgoing chairman Thierry Pilenko, given recent losses racked up at the oil services company. ...
TechnipFMC (FTI.PA) (FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) Subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters. The contract covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment. Arnaud Piéton, President Subsea at TechnipFMC, commented: “We have collaborated closely with Equinor establishing a Strategic Collaboration Agreement in 2018.
TechnipFMC (FTI) (FTI) has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the modernization and expansion of their existing complex near Alexandria, Egypt. As previously stated, this major(1) EPC contract covers the debottlenecking of existing units, the delivery of new units including a Crude and Vacuum Distillation Unit, a hydrogen production facility based on our steam reforming technology, as well as various process units, interconnecting, offsites and utilities. (1) For TechnipFMC, a “major” contract is over $1 billion.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded by BP a large(1) contract for the engineering, procurement, construction, installation and commissioning (EPCIC) of the floating production storage and offloading (FPSO) unit to be deployed offshore on the maritime border of Mauritania and Senegal. This award is a continuation to the FEED (front end engineering design) contract awarded in April 2018. TechnipFMC will bring its expertise to deliver major projects, leveraging extensive experience with fabrication yards and from successful references for delivery of offshore gas monetization facilities such as Floating Liquid Natural Gas (FLNG), FPSO and conventional platforms.
MILAN/LONDON (Reuters) - European shares dipped on Thursday, weighed down by several weak earnings updates and after data showed that euro zone factory output unexpectedly fell last month. Euro zone factory output slammed into reverse last month as activity in Germany declined again amid trade tensions and struggles in the auto sector, surveys showed. "There is still widespread concern about how well the economy in Europe has been performing in recent months," said Michael Hewson, chief market analyst at CMC Markets.
The London-based company said it had a loss of $5 per share. Losses, adjusted for asset impairment costs and non-recurring costs, were 9 cents per share. The results did not meet Wall Street expectations. ...
LONDON & PARIS & HOUSTON-- -- Full-year Company orders of $14.3 billion, up 40 percent year-over-year Strong project execution drives early delivery of Yamal LNG Train 3 Non-cash after-tax asset impairment charges of $1.7 billion Full-year distributions of $681 million from dividends and share repurchase Regulatory News: TechnipFMC plc today reported fourth quarter 2018 results. Total Company revenue ...
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.
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.
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.