Earnings summaries and quarterly performance for TechnipFMC.
Executive leadership at TechnipFMC.
Douglas Pferdehirt
Chief Executive Officer
Alf Melin
Executive Vice President and Chief Financial Officer
Cristina Aalders
Executive Vice President, Chief Legal Officer and Secretary
Jonathan Landes
President, Subsea
Justin Rounce
Executive Vice President and Chief Technology Officer
Thierry Conti
President, Surface Technologies
Board of directors at TechnipFMC.
Research analysts who have asked questions during TechnipFMC earnings calls.
Arun Jayaram
JPMorgan Chase & Co.
6 questions for FTI
Marc Bianchi
TD Cowen
6 questions for FTI
Scott Gruber
Citigroup
6 questions for FTI
Saurabh Pant
Bank of America
5 questions for FTI
Victoria McCulloch
RBC Capital Markets
5 questions for FTI
Mark Wilson
Jefferies
4 questions for FTI
David Anderson
Barclays PLC
3 questions for FTI
Sebastian Erskine
Bank of America Securities
3 questions for FTI
Adi Modak
Goldman Sachs
2 questions for FTI
Ati Modak
Goldman Sachs
2 questions for FTI
Derek Podhaizer
Piper Sandler Companies
2 questions for FTI
J. David Anderson
Barclays
1 question for FTI
John Anderson
Barclays
1 question for FTI
Kurt Hallead
The Benchmark Company
1 question for FTI
Kurt Holland
The Benchmark Company
1 question for FTI
Waqar Syed
ATB Capital Markets
1 question for FTI
Recent press releases and 8-K filings for FTI.
- TechnipFMC has been awarded a substantial Engineering, Procurement, Construction, and Installation contract by Eni S.p.A. for the Coral North development, the second floating liquefied natural gas (FLNG) project offshore Mozambique.
- For TechnipFMC, a "substantial" award is valued between $250 million and $500 million.
- This contract was included in inbound orders in the second quarter of 2025.
- The scope of work for TechnipFMC includes manufacturing and installing flexible flowlines and risers, and installing subsea manifolds and umbilicals.
- TechnipFMC has been awarded a significant contract by Chevron for Subsea 2.0® production systems for the Gorgon Stage 3 brownfield project.
- For TechnipFMC, a "significant" contract is valued between $75 million and $250 million.
- The contract introduces the first 7-inch series of Subsea 2.0® horizontal subsea trees and includes flexible jumpers designed to increase production rates.
- This award continues TechnipFMC's 20-year partnership with Chevron on the Gorgon development.
- TechnipFMC has secured a subsea contract with Ithaca Energy for the Captain field development in the U.K. North Sea.
- The contract is valued between $75 million and $250 million and involves supplying flexible risers, flowlines, and associated subsea hardware.
- This project reinforces TechnipFMC's strategic position in offshore oilfield services and subsea technology, particularly in mature-field redevelopment and production sustainment.
- TechnipFMC is the largest provider of offshore oilfield services with a market capitalization of approximately $18.34 billion and 13.5% revenue growth.
- TechnipFMC has been awarded a significant flexible pipe contract by Ithaca Energy for the Captain development in the U.K. North Sea.
- The contract is valued between $75 million and $250 million and includes the design, manufacture, and installation of flexible risers, flowlines, and associated hardware.
- This award continues TechnipFMC's decade-long support for Ithaca Energy's subsea developments, including an enhanced oil recovery project in 2024.
- TechnipFMC's iEPCI integrated model and Subsea 2.0 configurable architecture have significantly improved offshore project economics, leading to 80% of their business being direct awarded and a return of capital flow to offshore developments.
- The company expects subsea orders to remain in the $10 billion range for 2025 and 2026, following a successful $30 billion three-year target (2021-2023) that included $9.7 billion and $10.3 billion in recent years.
- TechnipFMC is approximately one-third of the way through its cycle time reduction journey, with over 50% of 2024 inbound orders being iEPCI or Subsea 2.0, which is projected to increase the proportion of manufacturing capacity executing Subsea 2.0 work from one-third to 50%.
- The company has reauthorized a $2 billion share buyback program, considering it the optimal method to return cash to shareholders due to the company's perceived undervaluation.
- TechnipFMC (FTI) emphasizes its unique Subsea 2.0 configurable architecture and iEPCI integrated model, which contribute to 80% of its business being direct awarded by customers due to improved project certainty and reduced cycle times.
- The company anticipates continued growth in the offshore market, driven by new discoveries in regions such as Guyana, Suriname, Namibia, and Mozambique, and expects to maintain subsea orders in the $10 billion range for 2025 and 2026.
- FTI projects growing margins and revenue through 2026, attributing this to the increasing flow of higher-value iEPCI and Subsea 2.0 projects through its execution pipeline.
- TechnipFMC recently reauthorized a $2 billion share buyback program, considering it the most effective way to return cash to shareholders given the company's current valuation.
- TechnipFMC (FTI) highlights its unique iEPCI and Subsea 2.0 architecture, which has led to 80% of its business being direct awarded and improved client project returns by significantly reducing project cycle time.
- The company anticipates continued growth in the offshore market, projecting subsea orders to remain in the $10 billion range for 2025 and 2026.
- FTI identifies significant growth opportunities in frontier markets such as Guyana, Suriname, Namibia, Mozambique, and the Eastern Mediterranean.
- TechnipFMC has a $2 billion share buyback program, indicating confidence in the company's valuation and serving as the preferred method for returning cash to shareholders.
- The company has provided 2026 guidance for increased revenue and margin, attributing this to a higher quality backlog from iEPCI and Subsea 2.0 projects.
- TechnipFMC's unique integrated (iEPCI) and configurable Subsea 2.0 architecture is driving significant value for customers by reducing project cycle times, leading to 80% of its business being direct awarded.
- The company anticipates maintaining $10 billion in annual Subsea orders for 2025 and 2026, with a growing market driven by new frontier opportunities in regions like Guyana, Suriname, and the U.S. Gulf.
- TechnipFMC believes it is only about a third of the way through its journey of cycle time reduction, suggesting significant future margin upside, especially as its higher-quality backlog (50% iEPCI/Subsea 2.0 inbound in 2024) flows through manufacturing (currently only a third of capacity is Subsea 2.0).
- The company recently reauthorized a $2 billion share buyback program, indicating confidence in its valuation and a preference for buybacks over dividends as a means of returning capital to shareholders.
- TechnipFMC has been awarded an offshore service contract by Petrobras for subsea production systems in Brazil's offshore oil and gas basins.
- The contract is valued between $75 million and $250 million.
- The scope of work includes the design, engineering, manufacturing, installation support, and life-of-field services for subsea production systems across Petrobras' greenfield developments, brownfield expansions, and asset revitalizations.
- All systems will be manufactured and serviced locally in Brazil.
- TechnipFMC expects to book $30 billion in orders over the last three years (including 2025) and anticipates another $10 billion in 2026, indicating significant backlog growth and future revenue visibility.
- The company is experiencing a sustainable resurgence in the offshore market, driven by an expanding customer base and geographical reach.
- Its proprietary Subsea 2.0 offering, which accounts for over 50% of current orders, is a key driver for future earnings and EBITDA margin growth due to its two times higher manufacturing efficiency compared to Subsea 1.0.
- TechnipFMC's international Surface Technologies business, particularly in the Middle East, is expected to see growth in 2026.
Quarterly earnings call transcripts for TechnipFMC.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more