23.53 0.00 (0.00%)
After hours: 4:31PM EST
|Bid||0.00 x 800|
|Ask||30.00 x 900|
|Day's Range||23.51 - 24.63|
|52 Week Range||23.51 - 35.00|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||65.73|
|Earnings Date||Feb 14, 2017 - Feb 20, 2017|
|Forward Dividend & Yield||0.52 (2.03%)|
|1y Target Est||35.66|
NEW YORK, Nov. 08, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has signed a major(1) Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the modernization and expansion of their existing complex near Alexandria, Egypt. This EPC contract covers the debottlenecking of existing units as well as the delivery of new units including a Crude Distillation Unit, a Vacuum Distillation Unit, a hydrogen production facility based on our steam reforming technology, as well as various process units, interconnecting, offsites and utilities. Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business, stated: “This award demonstrates our long-standing relationship with MIDOR which started in 2001, with the delivery of their grassroot refinery.
On an encouraging note, TechnipFMC's (FTI) total backlog at the end of the third quarter is around $15.2 billion, reflecting year-over-year growth of 9%.
National Oilwell Varco (NOV) reported its third-quarter earnings on October 25 after the markets closed. The company’s reported EPS of $0.00 missed analysts’ estimates of $0.12 for the quarter. NOV’s EPS in Q3 2017 was -$0.07. National Oilwell Varco also missed its Q3 revenue estimates by 2.5%. The stock fell 5.4% in after-hours trading.
TechnipFMC (FTI) reported its third-quarter earnings on October 24 after the markets closed. The company’s revenue for the quarter fell 24.1% YoY. However, it reported a 13.1% YoY rise in its net income. TechnipFMC reported EPS (earnings per share) of $0.30 for the quarter, up 15.4% YoY. The company’s adjusted EPS for the quarter were $0.31. TechnipFMC stock was up 4.6% in pre-market trading today.
FMC Technologies (FTI) delivered earnings and revenue surprises of -18.42% and -2.49%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the London-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and costs, came to 31 cents per share. The results fell short of Wall Street expectations. ...
LONDON & PARIS & HOUSTON-- -- Net income of $136.9 million and adjusted EBITDA of $430.5 million Inbound orders of $3.6 billion; Subsea orders exceeded revenue for the fourth consecutive quarter Backlog increased year-over-year in all segments Updated 2018 guidance reflects strong execution in Onshore/Offshore and revised market outlook for Surface Technologies Regulatory News: TechnipFMC plc today ...
After Halliburton’s (HAL) third-quarter earnings release, Credit Suisse cut its target price on the stock from $51 to $46. RBC cut its target price for HAL from $60 to $56. The graph above shows how analysts’ recommendations and mean target prices for Halliburton have changed in the last 12 months.
Halliburton’s (HAL) Completion and Production segment’s operating income fell 8% sequentially in the third quarter. The segment’s results were negatively affected by lower pricing and higher maintenance expenses in its US pressure-pumping business.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded a contract by an affiliate of ExxonMobil Corporation (XOM) for the engineering of the subsea system for the proposed Liza Phase 2 project. Following engineering and subject to requisite government approvals, project sanction and an authorization to proceed with the next phase, TechnipFMC will then manufacture and deliver the subsea equipment. “We are very pleased that ExxonMobil has selected TechnipFMC to commence engineering for the Liza Phase 2 subsea equipment.
Halliburton (HAL) has seen quite a few target price revisions in October. On October 12, Société Générale cut its rating for Halliburton from “buy” to “hold.” On October 10, Barclays cut its target price for Halliburton from $60 to $52. On October 8, HSBC cut its target price for the stock from $56 to $51. On October 3, Wells Fargo cut its target price for Halliburton from $58 to $55. Currently, Halliburton’s mean target price is $51.4.
Halliburton’s (HAL) third-quarter revenues are expected to be $6.1 billion—flat compared to its revenues in the second quarter. Halliburton’s revenues grew 24% year-over-year in the second quarter. Halliburton’s expected revenues in the third quarter are 12.7% higher than the same quarter last year.
Halliburton (HAL) is scheduled to release its third-quarter earnings on October 22. Analysts expect Halliburton’s EPS to be 49.1 cents in the third quarter—16.9% higher than the company’s EPS in the third quarter of 2017. The expected EPS is 15.3% lower than Halliburton’s EPS in the second quarter. Halliburton beat its EPS estimates in nine of the last ten quarters.
NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
On September 25, B. Riley FBR raised its rating for Helmerich & Payne (HP) from “neutral” to “buy.” B. Riley FBR also raised its target price for the stock from $68 to $83. On September 20, RBC raised its rating for Helmerich & Payne from “sector perform” to “outperform.” RBC also raised its target price for Helmerich & Payne from $79 to $90. On September 14, J.P. Morgan raised its rating for Helmerich & Payne from “underweight” to “neutral.” J.P. Morgan raised the stock’s target price from $49 to $58.
Helmerich & Payne (HP) stock has risen ~17% from its low of $58.82 in July. On a YTD (year-to-date) basis, the stock has risen ~5%. Helmerich & Payne stock has seen three analyst upgrades in September. We’ll discuss the upgrades later in this series. Helmerich & Payne is trading well above its 50-day and 200-day moving averages. The VanEck Vectors Oil Services ETF (OIH) has fallen ~5% YTD.
The collaboration will enable TechnipFMC (FTI) to work on Equinor's offshore projects all over the world, from the early stages till their execution.
TechnipFMC (FTI) (FTI) has signed a strategic collaboration agreement with Equinor. The agreement states that the two parties will collaborate in continuous improvements to enable developing Equinor’s offshore projects globally, and covers the full scope of TechnipFMC products and services, from early phase, through project execution, including installation and subsea operations services.
Based on median target prices from analysts surveyed by Reuters, Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BHGE), and TechnipFMC (FTI) have an upside potential of 27%, 36%, 14%, and 23%, respectively. On September 13, Macquarie cut its target price for Halliburton from $45 to $43. On September 11, Stifel started coverage on Halliburton with a “buy” rating. Stifel has given Halliburton a target price of $45. On the same day, Stifel started coverage on Schlumberger and gave it a “hold” rating with a target price of $69.