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TechnipFMC Plc (FTI) delivers cutting-edge engineering solutions for complex offshore energy projects worldwide. This dedicated news hub provides investors and industry professionals with essential updates on the company’s subsea innovations, operational milestones, and strategic developments.
Access real-time press releases, earnings reports, and project announcements that shape FTI’s position in the oil and gas sector. Our curated collection simplifies tracking of critical updates including technology deployments, partnership agreements, and market expansion initiatives.
Discover comprehensive coverage of FTI’s integrated project delivery model and surface technologies. The page serves as a strategic resource for understanding how the company navigates evolving energy demands through engineering excellence and operational efficiency.
Bookmark this page for streamlined access to TechnipFMC’s latest developments. Check regularly for authoritative updates on deepwater solutions, sustainability efforts, and financial performance in the global energy services market.
TechnipFMC (NYSE: FTI) reported strong Q1 2025 financial results with total inbound orders of $3.1 billion and Subsea orders of $2.8 billion. The company achieved a book-to-bill ratio of 1.4x and total backlog of $15.8 billion.
Key financial metrics include:
- Revenue: $2.23 billion, up 9.4% year-over-year
- Net income: $142 million ($0.33 per diluted share)
- Adjusted EBITDA: $343.8 million with 15.4% margin
- Cash flow from operations: $442 million
- Free cash flow: $380 million
The company distributed $271 million to shareholders, including $250 million in share repurchases. Notable achievements include major contract wins with Shell's Gato do Mato and Equinor's Johan Sverdrup Phase 3 projects. The company maintains its 2025 Subsea inbound orders outlook of over $10 billion.
TechnipFMC (NYSE: FTI) has announced its Board of Directors has authorized a quarterly cash dividend of $0.05 per share. The dividend will be payable on June 4, 2025 to shareholders of record as of the close of business on the New York Stock Exchange on May 20, 2025. The ex-dividend date is set for May 20, 2025.
TechnipFMC (NYSE: FTI) has scheduled its first-quarter 2025 earnings release and conference call for Thursday, April 24, 2025. The company will issue a press release with the quarterly results at approximately 11:45 a.m. London time (6:45 a.m. New York time), followed by a conference call at 1:30 p.m. London time (8:30 a.m. New York time).
The earnings call will be accessible through a live webcast on the company's Investor Relations website, with a replay available after the event.
TechnipFMC (NYSE: FTI) has secured a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Shell for the Gato do Mato greenfield development offshore Brazil. The contract value exceeds $1 billion and will be included in inbound orders in Q1 2025.
The project will implement TechnipFMC's Subsea 2.0® configure-to-order (CTO) subsea production systems, combining integrated execution to streamline project management and accelerate time to first oil through a single interface. This award builds upon a 30-year partnership between TechnipFMC and Shell, highlighting their strong delivery record in subsea solutions.
TechnipFMC (NYSE: FTI) has secured a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. The contract, valued between $500 million and $1 billion, involves designing, manufacturing, and installing subsea production systems, umbilicals, and rigid pipe to connect new templates to the existing field center.
The Johan Sverdrup field, which began production in 2019, is one of the largest developments in the region. Phase 3 aims to increase production by integrating additional wells into the current infrastructure, which operates on low-emission resources from onshore. This direct award follows an integrated Front End Engineering and Design (iFEED®) study and will be included in inbound orders in Q1 2025.
TechnipFMC (NYSE: FTI) has announced its participation in the upcoming Piper Sandler 25th Annual Energy Conference in Las Vegas, Nevada. Doug Pferdehirt, the company's Chair and Chief Executive Officer, is scheduled to speak at the event on Tuesday, March 18, 2025, at 8:30 a.m. PT.
The presentation will be accessible through a live webcast on TechnipFMC's Investor Relations website. The company has noted that there will be no presentation materials associated with the event. An audio replay of the webcast will remain available on the website for 180 days following the presentation.
TechnipFMC (NYSE: FTI) reported strong Q4 2024 results with total revenue of $2.37 billion and net income of $224.7 million ($0.52 per share). Full-year 2024 performance showed revenue of $9.08 billion and net income of $842.9 million ($1.91 per share).
Key highlights include:
- Subsea inbound orders reached $2.7 billion in Q4, with full-year orders at $10.4 billion
- Total company backlog grew 9% year-over-year to $14.4 billion
- Q4 cash flow from operations was $579 million with free cash flow of $453 million
- Full-year shareholder returns totaled $486 million, nearly double the previous year
The company announced plans to increase shareholder distributions by at least 30% in 2025 versus 2024, targeting at least 70% of free cash flow. Subsea inbound orders are anticipated to exceed $10 billion in 2025.
TechnipFMC (NYSE: FTI) has announced its Board of Directors has authorized a quarterly cash dividend of $0.05 per share. The dividend will be payable on April 2, 2025 to shareholders of record as of the close of business on the New York Stock Exchange on March 18, 2025. The ex-dividend date is set for March 18, 2025.
TechnipFMC (NYSE: FTI) has scheduled its fourth-quarter 2024 earnings conference call for Thursday, February 27, 2025. The call will take place at 1:30 p.m. London time (8:30 a.m. New York time). The company will release its earnings press release earlier that day at approximately 11:45 a.m. London time (6:45 a.m. New York time). Investors can access the event through the company's Investor Relations website or by registering directly. A replay of the webcast will be made available on the website after the event.
TechnipFMC (NYSE: FTI) has announced that its Chair and Chief Executive Officer, Doug Pferdehirt, will be speaking at the Goldman Sachs Energy, CleanTech & Utilities Conference. The event is scheduled for Tuesday, January 7, 2025, at 1:40 p.m. ET in Miami, Florida.
A live webcast of the speaking engagement will be accessible through the company's Investor Relations website. The company noted that there will be no presentation materials for this event. Following the live broadcast, an audio replay will remain available on the website for 180 days.
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