TechnipFMC에 대한 매도 수량은 투자자에게 TechnipFMC의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

TechnipFMC (NYSE:FTI) 주식, 공매도 수량 보고

TechnipFMC

TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

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이들 10개 대형주는 지난주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 서밋 테라퓨틱스(NASDAQ:SMMT)의 주가는 씨티그룹이 주식을 매수에서 중립으로 하향 조정했으나 목표 주가를 19달러에서 23달러로 상향 조정한 후 14.37% 하락했다.

리제네론과 슈퍼 마이크로는 지난주 최악의 성과를 보인 10개 대형주 중 일부 (9월 23일-9월 27일)

TechnipFMC PLC

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7 analysts have shared their evaluations of TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for TechnipFMC, revealing an average target of $34.57, a high estimate of $37.00, and a low estimate of $31.00. This upward trend is evident, with the current average reflecting a 3.72% increase from the previous average price target of $33.33.
<img src="https://www.benzinga.com/files/images/story/2024/1731614454_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive TechnipFMC is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$35.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Abhishek Kumar</td>
<td>HSBC</td>
<td>Announces</td>
<td>Buy</td>
<td>$32.00</td>
<td>-</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Marc Bianchi</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Chase Mulvehill</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$31.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Phillip Jungwirth</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$33.00</td>
<td>$32.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to TechnipFMC. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of TechnipFMC compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of TechnipFMC's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of TechnipFMC's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FTI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on TechnipFMC analyst ratings.</a>
<h2>All You Need to Know About TechnipFMC</h2>
TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
<h3>Unraveling the Financial Story of TechnipFMC</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: TechnipFMC's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 14.17%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: TechnipFMC's net margin excels beyond industry benchmarks, reaching 11.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): TechnipFMC's ROE stands out, surpassing industry averages. With an impressive ROE of 8.81%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): TechnipFMC's ROA stands out, surpassing industry averages. With an impressive ROA of 2.9%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: TechnipFMC's debt-to-equity ratio is below the industry average. With a ratio of 0.6, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>How Are Analyst Ratings Determined?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Beyond The Numbers: 7 Analysts Discuss TechnipFMC Stock

Citigroup analyst Scott Gruber maintains TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Buy and raises the price target from $34 to $35.

Price Target

Citigroup Maintains Buy on TechnipFMC, Raises Price Target to $35

The project will combine TechnipFMC's leading subsea architecture with Saipem's (MILAN:SPM) EPCI solutions and best-in-class pipelay capabilities—notably J-Lay, the optimal solution given the location offshore Suriname—to accelerate time to first oil and increase schedule certainty.
TechnipFMC's contracted scope for the project includes Subsea 2.0&#xAE; tree systems, manifolds, connectors, and topside control equipment. The Company will also supply umbilicals, flexible jumpers, and flexible risers.

Contracts

TechnipFMC Lands Major iEPCI Contract For TotalEnergies' GranMorgu Project

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TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) and Prysmian (MILAN: PRY) today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20241104663469/en/">https://www.businesswire.com/news/home/20241104663469/en/</a>
The collaboration agreement brings together the technologies and competencies of these two offshore industry leaders, providing the unique capabilities to pioneer a complete water column solution, from seabed to ocean surface. The collaboration will leverage the unparalleled expertise of TechnipFMC's system design and integration capabilities in dynamic offshore applications with Prysmian's global leadership in the production and installation of submarine power cable systems.
The companies aim to deliver the optimized solution through a fully integrated Engineering, Procurement, Construction and Installation (iEPCI&#x2122;) commercial model. Integrated execution of this new solution—which includes mooring and anchoring and both dynamic inter-array and export cable systems—will improve project economics and derisk execution plans.

TechnipFMC and Prysmian Join Forces to Drive Floating Offshore Wind Expansion

HSBC analyst Abhishek Kumar upgrades TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) from Hold to Buy and announces $32 price target.

Upgrades

HSBC Upgrades TechnipFMC to Buy, Announces $32 Price Target

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) in the last three months.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for TechnipFMC, presenting an average target of $35.0, a high estimate of $37.00, and a low estimate of $31.00. Marking an increase of 5.42%, the current average surpasses the previous average price target of $33.20. 
<img src="https://www.benzinga.com/files/images/story/2024/1730127701_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A clear picture of TechnipFMC's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Marc Bianchi</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Chase Mulvehill</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$31.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Phillip Jungwirth</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$33.00</td>
<td>$32.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to TechnipFMC. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of TechnipFMC compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of TechnipFMC's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of TechnipFMC's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/FTI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on TechnipFMC analyst ratings.</a>
<h2>About TechnipFMC</h2>
TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
<h3>A Deep Dive into TechnipFMC's Financials</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Positive Revenue Trend: Examining TechnipFMC's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 14.17% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Net Margin: TechnipFMC's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 11.69%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): TechnipFMC's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.81% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): TechnipFMC's ROA stands out, surpassing industry averages. With an impressive ROA of 2.9%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.6.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying TechnipFMC: Insights From 5 Analyst Reviews

Barclays analyst David Anderson maintains TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Overweight and raises the price target from $34 to $37.

Barclays Maintains Overweight on TechnipFMC, Raises Price Target to $37

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Shares of oil and oil-related companies are trading lower after Israel reportedly did not damage Iran's oil sites amid strikes over the weekend.

TD Cowen analyst Marc Bianchi maintains TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Buy and raises the price target from $35 to $37.

TD Cowen Maintains Buy on TechnipFMC, Raises Price Target to $37

Susquehanna analyst Charles Minervino maintains TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Positive and raises the price target from $35 to $37.

Susquehanna Maintains Positive on TechnipFMC, Raises Price Target to $37

2024 Full-Year Financial&nbsp;Guidance1
The Company&#39;s full-year financial&nbsp;guidance&nbsp;for 2024 can be found in the table below. Updates to the previous&nbsp;guidance&nbsp;issued on July 25, 2024 are as follows:
<ul>
<li>Net interest expense of&nbsp;$65&nbsp;- 70 million, which decreased from the previous&nbsp;guidance&nbsp;range of&nbsp;$70&nbsp;- 80 million.</li>
<li>Tax provision, as reported, of&nbsp;$170&nbsp;- 180 million, which decreased from the previous&nbsp;guidance&nbsp;range of&nbsp;$280&nbsp;- 290 million.</li>
</ul>
Financial results prior to the completion of the sale of the Measurement Solutions business, which was completed on March 11, 2024, are included in full-year&nbsp;guidance&nbsp;for Surface Technologies.
<table cellspacing="0">
<tbody>
<tr>
<td colspan="5" rowspan="1">
2024&nbsp;Guidance&nbsp;(As of October 24, 2024)
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="2" rowspan="1">
Subsea
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="2" rowspan="1">
Surface Technologies
</td>
</tr>
<tr>
<td colspan="2" rowspan="1">
Revenue in a range of&nbsp;$7.6&nbsp;- 7.8 billion
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="2" rowspan="1">
Revenue in a range of&nbsp;$1.2&nbsp;- 1.35 billion
</td>
</tr>
<tr>
<td colspan="2" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="2" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="2" rowspan="1">
Adjusted EBITDA margin in a range of 16.5 -&nbsp;17%
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="2" rowspan="1">
Adjusted EBITDA margin in a range of 13 -&nbsp;15%
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
TechnipFMC
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
Corporate expense, net&nbsp;$115&nbsp;- 125 million
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
(includes depreciation and amortization of ~$3 million; excludes charges and credits)
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
Net interest expense&nbsp;$65&nbsp;- 70 million
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
Tax provision, as reported&nbsp;$170&nbsp;- 180 million
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
Capital expenditures&nbsp;approximately&nbsp;$275 million
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="5" rowspan="1">
Free cash flow2&nbsp;$425&nbsp;- 575 million
</td>
</tr>
</tbody>
</table>

Earnings

Guidance

TechnipFMC 2024 Guidance, Reaffirmed: Sees Subsea Revenue Of $7.6B-$7.8B And Surface Technologies Of $1.2B-$1.35B; Free Cash Flow Of $425M-$575M

Pferdehirt continued, &quot;Total company inbound was&nbsp;$2.8 billion, driving backlog to a new record level of&nbsp;$14.7 billion. Subsea inbound orders were&nbsp;$2.5 billion, representing a book-to-bill of 1.2. Inbound continues to be supported by differentiated orders, with our unique iEPCI&trade; offering, technology leadership, and extensive Subsea Services capabilities all helping to drive our Subsea backlog to&nbsp;$13.7 billion.&quot;

TechnipFMC's Subsea Inbound Orders Were $2.5B For Q3 With Book-To-Bill Of 1.2x.; Total Company Inbound Was $2.8B, Driving Backlog To $14.7B

TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.39 by 64.1 percent. This is a 204.76 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $2.348 billion which beat the analyst consensus estimate of $2.344 billion by 0.15 percent. This is a 14.15 percent increase over sales of $2.057 billion the same period last year.

Earnings Beats

TechnipFMC Q3 2024 Adj. EPS $0.64 Beats $0.39 Estimate, Sales $2.348B Beat $2.344B Estimate

Buybacks

TechnipFMC Announces $1B Share Repurchase Authorization

B of A Securities analyst Chase Mulvehill maintains TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Buy and raises the price target from $30 to $31.

B of A Securities Maintains Buy on TechnipFMC, Raises Price Target to $31

BMO Capital analyst Phillip Jungwirth maintains TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Market Perform and raises the price target from $32 to $33.

BMO Capital Maintains Market Perform on TechnipFMC, Raises Price Target to $33

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Shares of energy companies are trading lower, pulling back after recently rising amid Middle East tensions. China stimulus uncertainty may also be impacting the demand outlook.

TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI&#x2122;) contract(1) by bp for its greenfield Kaskida development in the Gulf of Mexico.
The contract covers the design and manufacture of subsea production systems, including 20,000 psi (20K) standardized subsea trees and manifolds. The scope also includes the design, manufacture, and installation of subsea umbilicals, risers, and flowlines.
The award follows an integrated Front End Engineering and Design (iFEED&#xAE;) study by TechnipFMC.
Jonathan Landes, President, Subsea for TechnipFMC, commented: "Our innovative high-pressure solutions are key to helping unlock the most economically attractive opportunities in the Paleogene. Kaskida is our latest iEPCI&#x2122; project with bp and is emblematic of our longstanding collaboration. Through early engagement, we're leveraging the breadth of our technological and integration capabilities to help bp successfully deliver Kaskida."
(1) For TechnipFMC, the contract is categorized as a "substantial" award, valued between $250 million and $500 million. This award was included in inbound orders in the third quarter of 2024.

TechnipFMC Awarded Integrated Engineering, Procurement, Construction, And Installation Contract For bp's Greenfield 20K Development In The Paleogene; Contract Valued Between $250M-$500M

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Shares of energy companies are trading higher amid heightening Middle East tensions. A report suggests Iran is preparing to directly attack Israel, which could create shocks to the global economy.

In a report released today, David Anderson from Barclays maintained a Buy rating on TechnipFMC (FTI – Research Report), with a price target of $37....

Barclays Remains a Buy on TechnipFMC (FTI)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on NOV (NOV – Research Report) and TechnipFMC (FTI – Rese...

Analysts Offer Insights on Energy Companies: NOV (NOV) and TechnipFMC (FTI)

Barclays analyst J. David Anderson raised the firm's price target on TechnipFMC (FTI) to $37 from $34 and keeps an Overweight rating on the shares....

TechnipFMC price target raised to $37 from $34 at Barclays

HSBC upgraded TechnipFMC (FTI) to Buy from Hold with a price target of $32, up from $23.60, following the "solid" Q3 report. The company's record s...

TechnipFMC upgraded to Buy from Hold at HSBC

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need...

Trade Desk downgraded, First Solar upgraded: Wall Street's top analyst calls

TechnipFMC (FTI) and Prysmian (PRYMY) announced the two companies have signed a collaboration agreement to further accelerate the global developmen...

TechnipFMC, Prysmian to collaborate on development of floating offshore wind

If you are interested in the stock market, maybe it is time to stop focusing on The Fed.

Don't Confuse Brains With A Bull Market, Or Price With Value

TechnipFMC (FTI) has been awarded an integrated Engineering, Procurement, Construction, and Installation, or iEPCI, contract by TotalEnergies for i...

TechnipFMC awarded iEPCI contract by TotalEnergies

TechnipFMC, Saipem score $3B in combined contracts for Suriname offshore work

TechnipFMC, Saipem score $2.9B in combined contracts for Suriname offshore work

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Press Releases

TechnipFMC Announces Second Quarter 2024 Results

TechnipFMC to Speak at Barclays 38th Annual CEO Energy-Power Conference

TechnipFMC Announces Third-Quarter 2024 Earnings Release and Conference Call

TechnipFMC Awarded Subsea Contracts by Petrobras for Brazil's Pre-Salt Fields

TechnipFMC Awarded iEPCI™ Contract for bp's Greenfield 20K Development in the Paleogene

TechnipFMC Announces Quarterly Dividend and Additional $1 Billion Share Repurchase Authorization

TechnipFMC Announces Third Quarter 2024 Results

TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement

TechnipFMC to Speak at BofA Securities Global Energy Conference 2024

TechnipFMC Awarded Major iEPCI™ Contract for TotalEnergies' GranMorgu Development Offshore Suriname

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