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TechnipFMC plc Ordinary Share - FTI STOCK NEWS

Welcome to our dedicated page for TechnipFMC plc Ordinary Share news (Ticker: FTI), a resource for investors and traders seeking the latest updates and insights on TechnipFMC plc Ordinary Share stock.

TechnipFMC plc (symbol: FTI) is a global leader in subsea, onshore/offshore, and surface projects. The company utilizes proprietary technologies and production systems along with integrated expertise to provide comprehensive solutions, enhancing project economics for their clients. TechnipFMC is uniquely positioned to deliver greater efficiency across project lifecycles, from concept to project delivery and beyond. By leveraging innovative technologies and improved efficiencies, TechnipFMC unlocks new possibilities for clients in developing oil and gas resources.

Founded through the 2017 merger of Technip and FMC Technologies, TechnipFMC has become the largest pure-play offshore oilfield service provider. The company offers integrated deep-water offshore development solutions, covering the full spectrum of subsea equipment and subsea engineering and construction services. Additionally, the company provides various surface equipment used in onshore oil and gas wells.

TechnipFMC's core business revolves around delivering integrated solutions that challenge industry conventions and rethink how the best results are achieved. Each employee is driven by a steadfast commitment to clients and a culture of purposeful innovation, enhancing the performance of the world's energy industry.

To stay updated on TechnipFMC’s latest achievements and current projects, please visit technipfmc.com.

News

TechnipFMC Selected by Northern Endurance Partnership to Deliver the First All-Electric iEPCI™ for Carbon Capture and Storage

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TechnipFMC (NYSE: FTI) has been chosen to deliver the first all-electric integrated project for the Northern Endurance Partnership (NEP) in the UK. The project involves carbon dioxide transportation and storage infrastructure for carbon capture projects, utilizing TechnipFMC's iEPCI™ model. The all-electric system simplifies field design, reduces infrastructure, and enables long-distance projects. The contract includes supply and installation of subsea systems. The project is a significant milestone for TechnipFMC and the industry, showcasing their CO2.0® technology.
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TechnipFMC Announces Fourth Quarter 2023 Results

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TechnipFMC plc (NYSE: FTI) reported strong financial results for the fourth quarter of 2023, with revenue growth of 22.6% year-over-year. The company's total backlog increased by 41% to $13.2 billion. Subsea orders grew by 45% to $9.7 billion, with an increased order outlook of $30 billion through 2025. Adjusted EBITDA margin was 10.5% for the full year. The company returned $249 million to shareholders in 2023.
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TechnipFMC Declares Quarterly Dividend

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TechnipFMC plc (FTI) declares a quarterly cash dividend of $0.05 per share, payable on April 3, 2024, to shareholders of record as of March 19, 2024. The ex-dividend date is March 18, 2024.
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TechnipFMC Awarded Substantial iEPCI™ Contract for Sparta Project

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TechnipFMC (FTI) secures a significant contract with Shell for the first 20K psi subsea production systems project in the Gulf of Mexico. The project aims to enhance project economics and marks a milestone in high-pressure technology development.
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TechnipFMC Awarded Significant Subsea Contract by bp in the Gulf of Mexico

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TechnipFMC (FTI) has been awarded a significant contract by bp (BP) for the Argos Southwest Extension project in the Gulf of Mexico. The contract, valued between $75 million and $250 million, includes the installation of pipe, umbilical, and pipeline end terminations, tying back three new wells to the Argos platform. This award was included in the fourth quarter 2023 Subsea inbound orders.
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TechnipFMC Announces Fourth Quarter 2023 Earnings Release and Conference Call

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TechnipFMC (FTI) to Host Q4 2023 Earnings Conference Call on February 22, 2024
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TechnipFMC Awarded Major iEPCI™ Contract by Petrobras for Mero 3 HISEP® Project

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TechnipFMC (FTI) awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras for the Mero 3 HISEP® project, utilizing subsea processing to capture CO2-rich dense gases. The contract is valued at over $1 billion and will increase production capacity by debottlenecking the topside gas processing plant.
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One Equity Partners Agrees to Acquire TechnipFMC’s Measurement Solutions Business

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TechnipFMC (NYSE: FTI) to sell its Measurement Solutions business to One Equity Partners, a move expected to drive growth in the infrastructure industry. The Business offers a wide range of metering products and digital solutions for materials transfer through interconnected infrastructure. With a strong client base and global presence, the Business is poised for expansion and diversification through strategic acquisitions and organic growth.
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TechnipFMC Announces Agreement to Sell Measurement Solutions Business

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TechnipFMC plc (NYSE: FTI) announced the sale of its Measurement Solutions business to One Equity Partners for $205 million in cash. The business includes terminal management solutions and metering products and systems, and is part of the Surface Technologies segment. The transaction reflects TechnipFMC's strategy to focus on core products and market-leading technologies. It is expected to close in the first half of 2024.
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TechnipFMC to Address Attendees at the BofA Securities Global Energy Conference 2023

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TechnipFMC's CEO, Doug Pferdehirt, will address attendees at the BofA Securities Global Energy Conference 2023 on November 14 at 10:30 a.m. CST. The event will be held at The St. Regis Houston in Houston, TX. A live webcast of the event will be available on the Investor Relations website, with an audio replay available for 90 days.
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FAQ

What is the current stock price of TechnipFMC plc Ordinary Share (FTI)?

The current stock price of TechnipFMC plc Ordinary Share (FTI) is $30.83 as of November 22, 2024.

What is the market cap of TechnipFMC plc Ordinary Share (FTI)?

The market cap of TechnipFMC plc Ordinary Share (FTI) is approximately 13.0B.

What is TechnipFMC plc?

TechnipFMC plc is a global leader in subsea, onshore/offshore, and surface projects, providing comprehensive solutions to enhance project economics for clients.

What services does TechnipFMC offer?

TechnipFMC offers integrated deep-water offshore development solutions, subsea equipment, subsea engineering, construction services, and surface equipment for onshore oil and gas wells.

How was TechnipFMC formed?

TechnipFMC was formed in 2017 through the merger of Technip and FMC Technologies.

Where can I find the latest news about TechnipFMC?

You can find the latest news about TechnipFMC on their official website at technipfmc.com.

What is TechnipFMC's role in the energy industry?

TechnipFMC enhances the performance of the energy industry by delivering innovative and efficient integrated solutions for oil and gas projects.

What makes TechnipFMC unique in its industry?

TechnipFMC is uniquely positioned to deliver greater efficiency across project lifecycles and provides comprehensive solutions that challenge industry conventions.

Who are TechnipFMC's clients?

TechnipFMC's clients include companies engaged in the development of oil and gas resources.

What is the scope of TechnipFMC's projects?

TechnipFMC works on subsea, onshore/offshore, and surface projects, covering the full spectrum from concept to project delivery and beyond.

How does TechnipFMC ensure innovation in its projects?

TechnipFMC promotes a culture of purposeful innovation and leverages proprietary technologies and integrated expertise to enhance project outcomes.

What are some recent achievements of TechnipFMC?

To read about TechnipFMC's recent achievements, please visit their official website for the latest updates.

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TechnipFMC plc Ordinary Share

NYSE:FTI

FTI Rankings

#738 Ranked by Market Cap
#1946 Ranked by Dividends

FTI Stock Data

12.97B
421.11M
0.97%
97.57%
1.51%
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
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