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Zacks News
Oil & Gas Stock Roundup: Shell's Q2 Update, Eni's Ghana Find & More
by Nilanjan Choudhury
Apart from Royal Dutch Shell (RDS.A) and Eni (E), there were news from Patterson-UTI Energy (PTEN), Chevron (CVX) and TechnipFMC (FTI) during the week.
TechnipFMC (FTI) Seals EPCI Deal for Jubilee South East Project
by Zacks Equity Research
TechnipFMC (FTI) considers this venture a route to extend its local content by building a number of subsea structures including production and water injection manifolds carried out in Ghana.
BP Awards Contract to Valaris for Offshore Drilling Projects
by Zacks Equity Research
BP would use Valaris' double-hull DP drillship, VALARIS DS-12, to drill four offshore wells.
TechnipFMC (FTI) Clinches Major EPCI Contract From Equinor
by Zacks Equity Research
TechnipFMC (FTI) will deliver rigid pipes, static and dynamic umbilicals along with pipeline and marine installation of the subsea production facilities for the Kristin Sor field in North Sea.
TechnipFMC (FTI) Gets Subsea Deal for Petrobras' Buzios Field
by Zacks Equity Research
TechnipFMC's (FTI) project delivery will prioritize sustainability. All the subsea trees will be built at its facilities in Brazil, which are fully powered by renewable energy.
Petrobras (PBR) Receives R$271.1M in Bribery Settlement Case
by Zacks Equity Research
Petrobras' (PBR) total payment obtained from leniency agreements made by TechnipFMC and other companies exceeds R$6 billion with the final installment.
TechnipFMC (FTI) Gains First iEPCI Deal in Brazil From Karoon
by Zacks Equity Research
TechnipFMC (FTI) is picked for Karoon Patola project on the back of its widely-acclaimed technical expertise and ability to offer comprehensive and integrated solutions.
The Zacks Analyst Blog Highlights: Baker Hughes, Schlumberger, TechnipFMC, Devon Energy and Marathon Petroleum
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Baker Hughes, Schlumberger, TechnipFMC, Devon Energy and Marathon Petroleum
Here Are the Top Performing S&P 500 Energy Stocks From May
by Nilanjan Choudhury
Some of the best-performing S&P 599 constituents in May were energy firms like Baker Hughes (BKR), Schlumberger (SLB), TechnipFMC (FTI), Devon Energy (DVN) and Marathon Petroleum (MPC).
FMC Technologies (FTI) Up 3.7% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
5 Oilfield Services Stocks Countering Industry Headwinds
by Kaibalya Pravo Dey
Multiple vaccine rollouts are likely to drive the global energy market. Yet, the Zacks Oil and Gas- Field Services industry is still suffering from low upstream spending. SLB, BKR, HAL, OII & SND are likely to pull through and come back stronger.
TechnipFMC (FTI) Obtains Subsea Contract for Stage 2 EOR Expansion
by Zacks Equity Research
TechnipFMC (FTI) acquires an EPCI contract from Ithaca Energy for the Captain EOR stage two project to maximize the recovery of hydrocarbons from the UK Continental Shelf.
TechnipFMC (FTI) Announces Divestment of Technip Energies Shares
by Zacks Equity Research
TechnipFMC (FTI) announces the sale of 25 million Technip Energies shares through a placement, which represents about 14% of the share capital of Technip Energies.
TechnipFMC (FTI) Q1 Loss Narrower Than Expected, Sales Beat
by Zacks Equity Research
In the first quarter, TechnipFMC's (FTI) inbound orders rose by 11.9% from the year-ago period to $1.7 billion - a signal of improving revenue visibility.
FMC Technologies (FTI) Reports Q1 Loss, Tops Revenue Estimates
by Zacks Equity Research
FMC Technologies (FTI) delivered earnings and revenue surprises of 70.00% and 9.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
TechnipFMC Gets Subsea Deal From Petrobras to Supply Manifolds
by Zacks Equity Research
TechnipFMC (FTI) receives subsea contract from Petrobras (PBR) to supply up to eight manifolds for the production and injection processes in the Petrobras-operated Marlim and Voador fields.
TechnipFMC (FTI) Partners Bombora for Floating Wave-Wind Power
by Zacks Equity Research
TechnipFMC's (FTI) collaboration with Bombora will at first focus on InSPIRE project in which InSPIRE stands for Integrated Semi-Submersible Platform with Innovative Renewable Energy.
The Zacks Analyst Blog Highlights: Halliburton, TechnipFMC, Baker Hughes, Petrobras and Schlumberger
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Halliburton, TechnipFMC, Baker Hughes, Petrobras and Schlumberger
Digital Adoption: The Key to Oil Service Firms' New Approach
by Nilanjan Choudhury
For oilfield service providers like Halliburton (HAL), Baker Hughes (BKR) and Schlumberger (SLB), the pandemic has acted as a catalyst in making digital transformation a key part of their strategy.
Why Is FMC Technologies (FTI) Down 9.8% Since Last Earnings Report?
by Zacks Equity Research
FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
TechnipFMC (FTI) Partners Magnora to Form Floating Wind Power
by Zacks Equity Research
The alliance will grow on Magnora's supremacy in the renewable energy space along with TechnipFMC'S (FTI) capabilities.
Energy Players Rally on Healthy Demand for Refined Products
by Nilanjan Choudhury
Some of the top gainers of the S&P 500 yesterday were energy-related names like Valero Energy (VLO), HollyFrontier (HFC), TechnipFMC (FTI), ONEOK (OKE) and Marathon Petroleum (MPC).
TechnipFMC (FTI) Q4 Earnings Miss, Revenues Top Estimates
by Zacks Equity Research
TechnipFMC's (FTI) fourth-quarter inbound orders improve 54.7% from the year-ago quarter to $4.20 billion.
TechnipFMC (FTI) Wins Major iEPCI Contract in Offshore Malaysia
by Zacks Equity Research
TechnipFMC (FTI) acquires a deep-water deal from Petronas Carigali, which involves the buildout of 10 deepwater wells and their tieback to the existing Limbayong FPSO unit in Malaysia.
FMC Technologies (FTI) Lags Q4 Earnings Estimates
by Zacks Equity Research
FMC Technologies (FTI) delivered earnings and revenue surprises of -76.19% and 2.23%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?