FTI - TechnipFMC plc
30.43 -0.15 (-0.49%)
Pre-Market: 7:29AM EDT
| Previous Close | 30.94 |
| Open | 30.72 |
| Bid | 30.35 x 800 |
| Ask | 30.39 x 3100 |
| Day's Range | 30.08 - 30.74 |
| 52 Week Range | 24.53 - 35.00 |
| Volume | 3,268,125 |
| Avg. Volume | 3,454,809 |
| Market Cap | 13.925B |
| Beta | 0.73 |
| PE Ratio (TTM) | 63.84 |
| EPS (TTM) | 0.48 |
| Earnings Date | Feb 14, 2017 - Feb 20, 2017 |
| Forward Dividend & Yield | 0.52 (1.70%) |
| Ex-Dividend Date | 2018-05-21 |
| 1y Target Est | 36.17 |
- Business Wire•7 hours ago
TechnipFMC awarded a master services agreement by Petrobras in Brazil
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded by Petróleo Brasileiro S.A. (Petrobras) a 3-year master services agreement in Brazil, with a 2-year renewal option. The scope of work includes maintenance services, technical assistance, inspection and end-fitting re-termination(1) of flexible pipes and umbilicals, installation support and engineering analysis of operations and installation conditions, among other services. Hallvard Hasselknippe, President of TechnipFMC’s Subsea business, stated: “We are extremely pleased to have won this important services agreement.
- Market Realist•23 hours ago
Wall Street’s Forecasts for TechnipFMC ahead of Q2 Results
In this article, we’ll look at Wall Street analysts’ forecasts for TechnipFMC (FTI) before its Q2 2018 earnings. Analysts’ rating for TechnipFMC
- Market Realist•yesterday
What’s TechnipFMC’s Stock Price Forecast ahead of Earnings?
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
- Market Realist•4 days ago
How TechnipFMC Is Reacting to Crude Oil’s Moves
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.
- Market Realist•4 days ago
What’s the Short Interest in TechnipFMC?
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%.
- Market Realist•4 days ago
How TechnipFMC Stock Has Performed
TechnipFMC’s (FTI) one-year returns were 15.5% as of July 10, 2018. In comparison, since July 10, 2017, the Energy Select Sector SPDR ETF (XLE) increased ~20%. XLE tracks an index of US energy companies. The VanEck Vectors Oil Services ETF (OIH) witnessed 10% one-year returns. OIH tracks an index of 25 oilfield equipment and services (or OFS) companies. So, FTI underperformed XLE but outperformed OIH in the past one year.
- Market Realist•5 days ago
Will Upstream Operators’ Capex Impact TechnipFMC in Q2 2018?
In the past year, crude oil has increased ~64%. Higher crude oil price can lead to higher exploration and production activity from upstream producers. From Q1 2017 to Q1 2018, the upstream companies constituting the Energy Select Sector SPDR ETF (XLE) increased their capex by 8% in aggregate. XLE tracks an index of US energy companies in the S&P 500 Index.
Market Realist•5 days agoUS Crude Oil Inventories Fell the Most in Almost Two Years
On July 11, the EIA (U.S. Energy Information Administration) released its weekly crude oil inventory report. The EIA reported that US crude oil inventories decreased by 12.6 MMbbls (million barrels) to 405.3 MMbbls on June 29–July 6—the largest weekly decline since September 2, 2016. The inventories are also near the lowest level since February 20, 2015. The inventories dropped by 90 MMbbls or 18.2% year-over-year. A Reuters survey estimated that US crude oil inventories could have declined by 4.5 MMbbls on June 29—July 6.
- Market Realist•5 days ago
How TechnipFMC’s Revenues and Earnings Looked in First Quarter
From Q1 2017 to Q1 2018, TechnipFMC’s (FTI) Subsea segment revenue decreased the most with a 14% fall, followed by the Onshore/Offshore segment with a 10.8% fall. On the other hand, FTI’s Surface Technologies segment saw 49% higher revenue during the same period. The Onshore/Offshore segment was the highest revenue contributor, accounting for 50% of FTI’s first-quarter revenues, while the Subsea segment accounted for 38% of its total revenues during the quarter.
- Market Realist•5 days ago
What Analysts Project for TechnipFMC in the Second Quarter
In Q2 2018, analysts expect TechnipFMC (FTI) to post adjusted EPS of $0.38, a 37% increase compared to the Q1 2018 adjusted earnings of $0.28 per share. Recovery in the offshore projects, increased demand for FTI’s integrated pad offering, which services the unconventional shale market, and the positive impact from the adoption of a new revenue recognition accounting standard could result in the Q2 2018 earnings improvement. FTI plans to announce its Q2 2018 earnings on July 25.
- ACCESSWIRE•6 days ago
TechnipFMC and Three Additional Oil & Gas Equipment & Services Stocks on Our Research Desk's Radar
This Wednesday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Equipment & Services equities: TechnipFMC PLC (NYSE: FTI), Apergy Corp. (NYSE: APY), Bristow Group Inc. (NYSE: BRS), and C&J Energy Services Inc. (NYSE: CJ). All you have to do is sign up today for this free limited time offer by clicking the link below.
- Thomson Reuters StreetEvents•7 days ago
Edited Transcript of FTI.N earnings conference call or presentation 10-May-18 12:00pm GMT
Q1 2018 TechnipFMC PLC Earnings Call
Market Realist•8 days agoSurprise Build in US Crude Oil Inventories Pressures Oil Prices
On July 5, the EIA (U.S. Energy Information Administration) released its weekly crude oil inventory report. The EIA reported that US crude oil inventories increased by 1.3 MMbbls (million barrels) to 417.9 MMbbls on June 22–29. However, the inventories decreased by 85 MMbbls or 16.9% YoY (year-over-year). A Bloomberg survey estimated that US crude oil inventories could have declined by 4.5 MMbbls on June 22–29.
- American City Business Journals•14 days ago
McDermott hires TechnipFMC exec to fill COO role
When McDermott and CB&I announced a new organizational structure and leadership team for the combined company in March, no COO was listed.
- Zacks•15 days ago
TechnipFMC Secures Contract From TOTAL Arm for Zinia 2 Field
TechnipFMC (FTI) has a longstanding relationship with TOTAL and has supported many of the latter's subsea developments.
- Business Wire•15 days ago
TechnipFMC awarded a subsea contract for the Total Zinia 2 Field
TechnipFMC (FTI) (FTI.PA) has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters. The contract covers the Engineering, Procurement and Construction of subsea equipment including 9 subsea tree units as well as wellheads, subsea control systems, connection systems and associated equipment. This contract also covers support services, performed by TechnipFMC in Angola, for the assembly, test, mobilization and installation.
- Market Realist•20 days ago
TechnipFMC Has the Second-Highest ‘Sell’ Ratings
TechnipFMC (FTI) has the second-highest “sell” recommendations by sell-side analysts in the OFS (oilfield equipment and services) industry. Approximately 7% of the Wall Street analysts tracking TechnipFMC have recommended a “sell” or some equivalent as of June 25. Analysts’ consensus target price for TechnipFMC was $36.2 as of June 25. Currently, TechnipFMC is trading near $31.5, which implies 15% returns over the next 12 months at the current price.
- Business Wire•29 days ago
TechnipFMC to Address Attendees at the J.P. Morgan 2018 Energy Conference
Regulatory News:
- Zacks•last month
TechnipFMC and DOF JV Deliver Skandi Recife to Petrobras
TechnipFMC's (FTI) Skandi Recife vessel commences its eight-year contract with Petrobras.
- Business Wire•last month
TechnipFMC and DOF Subsea Announce the Delivery of Skandi Recife and Commencement of Contract with Petrobras
TechnipFMC (FTI) (FTI.PA) (ISIN:GB00BDSFG982) and DOF Subsea (DOF) announce that the Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8-year charter contract with Petróleo Brasileiro S.A. (Petrobras). Skandi Recife 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.
- Zacks•last month
TechnipFMC (FTI) Down 5% Since Earnings Report: Can It Rebound?
TechnipFMC (FTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Business Wire•last month
TechnipFMC Announces Second Quarter 2018 Earnings Release and Teleconference Schedule
Regulatory News:
- Zacks•last month
TechnipFMC Wins Pluto Upgrade Award From Woodside Petroleum
TechnipFMC's (FTI) latest contract boosts its onshore/offshore backlog and also strengthens its ties with Woodside Petroleum.
- Business Wire•last month
TechnipFMC Awarded Offshore Water Handling Project for Woodside
TechnipFMC (FTI) (FTI.PA) has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia. The contract includes the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) of the Pluto Water Handling Module. This module, to be installed on the existing Pluto Alpha Gas Production Platform, will consist of facilities for water separation and treatment, together with upgraded power generation units.
- Market Realist•2 months ago
US Crude Oil Inventories Fell ~18.9% from the Record High
On May 31, the EIA (U.S. Energy Information Administration) released its weekly crude oil inventory report. The EIA reported that US crude oil inventories decreased by ~3.6 MMbbls (million barrels) to 434.5 MMbbls on May 18–25. The inventories also declined by 78.2 MMbbls or ~15% YoY (year-over-year).
