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TechnipFMC PLC (FTI.N)

FTI.N on New York Stock Exchange

20.29USD
15 Nov 2019
Change (% chg)

$0.62 (+3.15%)
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Latest Key Developments (Source: Significant Developments)

TechnipFMC Signs Epicerol Technology License Agreement With Meghmani Finechem In India
Monday, 28 Oct 2019 

Oct 28 (Reuters) - TechnipFMC PLC ::TECHNIPFMC PLC - HAS SIGNED EPICEROL TECHNOLOGY LICENSE AGREEMENT WITH MEGHMANI FINECHEM LTD IN INDIA.  Full Article

Technipfmc PLC Reports Quarterly Adjusted Net Income Of $0.12 Per Diluted Share
Thursday, 24 Oct 2019 

Oct 23 (Reuters) - Technipfmc Plc ::TECHNIPFMC ANNOUNCES THIRD QUARTER 2019 RESULTS.QTRLY NET INCOME WAS $21.8 MILLION, OR $0.05 PER DILUTED SHARE.QTRLY ADJUSTED NET INCOME $0.12 PER DILUTED SHARE.UPDATED 2019 FINANCIAL GUIDANCE REFLECTS WEAKER NORTH AMERICAN OUTLOOK IN SURFACE TECHNOLOGIES.QTRLY REVENUE $3,335.1 MILLION VERSUS $3,143.8 MILLION.TECHNIPFMC - SEES 2019 ONSHORE/OFFSHORE REVENUE IN A RANGE OF $6.0 - 6.3 BILLION.BACKLOG AT QUARTER END $24,115.3 MILLION.TECHNIPFMC - SEES 2019 SUBSEA REVENUE IN A RANGE OF $5.6 - 5.8 BILLION.TECHNIPFMC - SEES 2019 SURFACE TECHNOLOGIES REVENUE IN A RANGE OF $1.6 - 1.7 BILLION.QTRLY INBOUND ORDERS $2,610.6 MILLION VERSUS $3,647.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.50, REVENUE VIEW $3.52 BILLION -- REFINITIV IBES DATA.MAKING SOLID PROGRESS TOWARDS COMPLETING PLANNED SEPARATION IN FIRST HALF OF 2020.  Full Article

TechnipFMC wins contract for the Shell Perdido Phase 2 Development
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - TechnipFMC PLC , FTI.PA::* Awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico..* Value of contract not disclosed.  Full Article

TechnipFMC wins major contract for Woodside’s Pyxis Field in Australia
Friday, 18 Oct 2019 

Oct 18 (Reuters) - TechnipFMC PLC ::* Awarded a significant integrated Engineering, Procurement, Construction and Installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located in offshore North West Australia..* For TechnipFMC, a "significant" contract is between $75 million and $250 million.  Full Article

TechnipFMC Intends To Create Two Independent, Publicly Traded Companies
Monday, 26 Aug 2019 

Aug 26 (Reuters) - TechnipFMC PLC ::TECHNIPFMC INTENDS TO CREATE TWO INDUSTRY-LEADING, INDEPENDENT, PUBLICLY TRADED COMPANIES.TECHNIPFMC PLC - SEPARATION EXPECTED TO BE COMPLETED IN FIRST HALF OF 2020.TECHNIPFMC PLC - TRANSACTION IS EXPECTED TO BE STRUCTURED AS A SPIN-OFF OF TECHNIPFMC'S ONSHORE/OFFSHORE SEGMENT TO BE HEADQUARTERED IN PARIS, FRANCE.TECHNIPFMC PLC - TRANSACTION IS EXPECTED TO BE TAX FREE TO CERTAIN SHAREHOLDERS WHERE PERMISSIBLE, INCLUDING UNITED STATES..TECHNIPFMC PLC - CATHERINE MACGREGOR WILL SERVE AS CHIEF EXECUTIVE OFFICER OF SPINCO.TECHNIPFMC PLC - BRUNO VIBERT WILL SERVE AS CHIEF FINANCIAL OFFICER, AND MARCO VILLA WILL SERVE AS CHIEF OPERATING OFFICER OF SPINCO.TECHNIPFMC - TO SEPARATE INTO 2, ONE OF WHICH IS REMAINCO, A FULLY-INTEGRATED TECHNOLOGY & SERVICES PROVIDER, CONTINUING TO DRIVE ENERGY DEVELOPMENT.TECHNIPFMC - TO SEPARATE INTO 2, ONE OF WHICH IS SPINCO, AN ENGINEERING AND CONSTRUCTION (E&C) PLAYER.TECHNIPFMC PLC - REMAINCO WILL REMAIN INCORPORATED IN UNITED KINGDOM WITH HEADQUARTERS IN HOUSTON AND LISTED ON BOTH NYSE AND EURONEXT PARIS EXCHANGE.TECHNIPFMC PLC - BPIFRANCE, A KEY SHAREHOLDER OF TECHNIPFMC, STRONGLY SUPPORTS PROPOSED TRANSACTION.TECHNIPFMC - DOUG PFERDEHIRT, CEO OF TECHNIPFMC, & MARYANN MANNEN, CFO OF TECHNIPFMC, WILL CONTINUE TO SERVE IN THEIR ROLES FOLLOWING SEPARATION.TECHNIPFMC PLC - SPINCO WILL BE INCORPORATED IN NETHERLANDS WITH ITS HEADQUARTERS IN PARIS AND LISTED ON EURONEXT PARIS EXCHANGE.  Full Article

TechnipFMC wins major contract for the Shell PowerNap project in the Gulf of Mexico
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - TechnipFMC PLC ::* Awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the PowerNap project, located in the Gulf of Mexico..* For TechnipFMC, a “significant” contract is between $75 million and $250 million.  Full Article

Technipfmc Reports Q2 Adj Diluted EPS Of $0.39
Thursday, 25 Jul 2019 

July 24 (Reuters) - Technipfmc Plc ::UPDATED 2019 GUIDANCE FOR SUBSEA AND ONSHORE/OFFSHORE.QTRLY REVENUE $3,434.2 MILLION VERSUS $2,960.9 MILLION.QTRLY DILUTED EARNINGS PER SHARE $0.21.QTRLY ADJUSTED DILUTED EARNINGS PER SHARE $0.39.QTRLY INBOUND ORDERS $11,179.6 MILLION VERSUS $4,231.7 MILLION.BACKLOG AT JUNE 30, 2019 WAS $25,781.9 MILLION."THE LNG MARKET GROWTH CONTINUES TO BE UNDERPINNED BY STRUCTURAL SHIFT TOWARDS NATURAL GAS AS AN ENERGY TRANSITION FUEL"."IN ONSHORE/OFFSHORE, WE ARE BENEFITING FROM NEW WAVE OF LIQUEFIED NATURAL GAS (LNG) PROJECTS".SEES 2019 REVENUE IN A RANGE OF $5.6 - $5.8 BILLION FOR SUBSEA.SEES 2019 REVENUE IN A RANGE OF $6.0 - $6.3 BILLION FOR ONSHORE/OFFSHORE.SEES 2019 ONSHORE/OFFSHORE EBITDA MARGIN OF AT LEAST 16.5%.Q2 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $3.26 BILLION -- REFINITIV IBES DATA.  Full Article

Technipfmc Awarded Subsea Contracts For Anadarko's Mozambique LNG
Wednesday, 19 Jun 2019 

June 18 (Reuters) - TechnipFMC PLC ::PRESS RELEASE TECHNIPFMC AWARDED SUBSEA CONTRACTS FOR ANADARKO’S MOZAMBIQUE LNG.TECHNIPFMC PLC - HAS BEEN AWARDED A NUMBER OF SUBSEA CONTRACTS BY ANADARKO MOÇAMBIQUE ÁREA 1, LDA FOR ITS MOZAMBIQUE GOLFINHO/ATUM DEVELOPMENT.TECHNIPFMC PLC - CO, ALLSEAS HAVE ENTERED INTO A STRATEGIC COLLABORATION AGREEMENT AIMED AT JOINTLY PURSUING SPECIFIC DEEPWATER PROJECTS.  Full Article

TechnipFMC Qtrly EPS $0.05
Friday, 26 Apr 2019 

April 25 (Reuters) - TechnipFMC PLC ::TECHNIPFMC PLC - UPDATED 2019 FINANCIAL GUIDANCE.TECHNIPFMC PLC - TOTAL COMPANY INBOUND ORDERS OF $6.2 BILLION; BOOK-TO-BILL OF 2.1 IN QUARTER.TECHNIPFMC PLC - QTRLY TOTAL COMPANY REVENUE WAS $2,913 MILLION.TECHNIPFMC PLC - TOTAL COMPANY REVENUE WAS $2,913 MILLION IN QUARTER.TECHNIPFMC PLC - QTRLY EARNINGS PER SHARE $0.05.TECHNIPFMC PLC - QTRLY ADJUSTED DILUTED EARNINGS PER SHARE WERE $0.06.TECHNIPFMC PLC SEES 2019 SUBSEA REVENUE IN A RANGE OF $5.4 – 5.7 BILLION.TECHNIPFMC PLC SEES 2019 ONSHORE/OFFSHORE REVENUE IN A RANGE OF $6.0 – 6.3 BILLION.TECHNIPFMC PLC SEES 2019 SURFACE TECHNOLOGIES REVENUE IN A RANGE OF $1.6 – 1.7 BILLION.  Full Article

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Oil services firm TechnipFMC to split into two publicly traded companies

Franco-American oil services firm TechnipFMC Plc said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.