8.10 -0.01 (-0.12%)
After hours: 7:52PM EDT
|Bid||8.01 x 3100|
|Ask||8.12 x 4000|
|Day's range||7.94 - 8.22|
|52-week range||4.49 - 28.57|
|Beta (5Y monthly)||2.35|
|PE ratio (TTM)||N/A|
|Earnings date||22 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||0.13 (1.76%)|
|Ex-dividend date||23 Mar 2020|
|1y target est||11.55|
Shares of oil-field services stocks Oceaneering International (NYSE: OII), Apergy (NYSE: APY), and TechnipFMC (NYSE: FTI) all jumped more than 30% in April, according to data provided by S&P Global Market Intelligence. Technip, which provides general services for oil producers, saw its share price rise 32.2% in April. Onshore drilling specialist Apergy's shares soared 60.2%, while the stock of subsea services provider Oceaneering International skyrocketed 74.8% for the month.
LONDON (AP) _ FMC Technologies Inc. (FTI) on Wednesday reported a first-quarter loss of $3.26 billion, after reporting a profit in the same period a year earlier. The London-based company said it had a loss of $7.28 per share. The results missed Wall Street expectations.
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant (1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Woodside Energy Limited for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia.
TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from BP Angola for the Platina field development, located offshore Angola in Block 18 at water depths ranging from 1,200 to 1,500 meters.
LONDON (AP) _ FMC Technologies Inc. (FTI) on Wednesday reported a loss of $2.41 billion in its fourth quarter. The London-based company said it had a loss of $5.40 per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share.
Gas producer Energean <ENOG.L> said on Thursday it had been told by TechnipFMC <FTI.N>, which is building a vessel it needs to begin Israeli offshore production, that the coronavirus was a force majeure event. Energean said it still expected its Karish project, which will use the floating production, storage and offloading (FPSO) vessel, to deliver first gas, as planned, in the first half of 2021. The FPSO has a capacity of 8 billion cubic metres of gas a year.
TechnipFMC (FTI) will work on Shell's PowerNap project which entails integrated engineering, procurement, construction and installation.
Patterson-UTI's (PTEN) contract drilling segment recorded operating income of $16.5 million, turning around from the loss of $251,000 in the year-earlier quarter.
Oil services firm TechnipFMC <FTI.N> said on Tuesday it had been awarded a major engineering, procurement and construction contract by Russia's Novatek <NVTKMM> and its partners for the Arctic 2 liquefied natural gas project in western Siberia. It said the consolidated contract value to TechnipFMC for Arctic LNG-2 was $7.6 billion and consists of three LNG trains, each with a capacity of 6.6 million tons per annum (Mtpa). The Arctic LNG 2 project aims to develop more than 7 billion barrels of oil equivalent (boe) of resources.
Transition to a more disciplined capital spending approach within the exploration and production space is expected to weigh on Forum Energy's (FET) Q2 results.
The federal government's EIA report revealed that crude inventories plunged by 9.5 million barrels for the week ending Jul 5, more than 4.5 times what energy analysts had expected.
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities. TechnipFMC said in a statement published late on Tuesday that it had agreed to the resolutions with the U.S. Department of Justice (DOJ), the U.S. Securities & Exchange Commission and Brazilian authorities to resolve anti-corruption investigations in Brazil and relating to the intermediary, Unaoil. TechnipFMC's shares rose 1.5% in early session trading in Paris, which traders said reflected an element of relief at the fact that the company had drawn a line under those affairs.