TechnipFMC

TechnipFMC is global leader in oil and gas projects, technologies, systems, and services. Co. offers subsea, surface, onshore, and offshore solutions for oil and gas projects. Co. serves customers worldwide. With Co.'s technologies and production systems, integrated expertise, and comprehensive solutions, Co. is transforming Co.'s clients' project economics. Co. is uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, Co.'s offering unlocks new possibilities for Co.'s clients in developing their oil and gas resources.
  • TickerTEC
  • ISINGB00BDSFG982
  • ExchangeEuronext Paris
  • SectorOil Equipment, Services & Distribution
  • CountryFrance

Analysts

Baptiste Lebacq

ODDO : FPSO: For a Pivotal Shift towards Offshore

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players wi...

Baptiste Lebacq

ODDO : FPSO: il Faut se rePositionner Sur l’Offshore

L’offshore et les supports flottants de types FPSO resteront des éléments clefs et indispensables pour l’équilibre futur du marché pétrolier. D’ici à 2035, il faudra lancer de nouveaux projets offshore permettant de produire quelques 20 Mb/j supplémentaires ! Nous tablons sur une accélération de la dynamique de ce segment après plusieurs années de sous-investissements. SBM Offshore sur lequel nous adoptons une opinion Achat (vs Neutre) avec un objectif de cours de 22 € en est l’a...

Baptiste Lebacq

ODDO : FPSO: For a Pivotal Shift towards Offshore

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players wi...

Baptiste Lebacq

ODDO : FPSO: il Faut se rePositionner Sur l’Offshore

L’offshore et les supports flottants de types FPSO resteront des éléments clefs et indispensables pour l’équilibre futur du marché pétrolier. D’ici à 2035, il faudra lancer de nouveaux projets offshore permettant de produire quelques 20 Mb/j supplémentaires ! Nous tablons sur une accélération de la dynamique de ce segment après plusieurs années de sous-investissements. SBM Offshore sur lequel nous adoptons une opinion Achat (vs Neutre) avec un objectif de cours de 22 € en est l’a...

TechnipFMC plc: New Issuer

CORPORATES CREDIT OPINION 15 March 2017 Update RATINGS TechnipFMC plc Domicile United Kingdom Long Term Rating Baa2 Type LT Issuer Rating - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Amol Joshi, CFA 212-553-7267

Moody's rates TechnipFMC plc's notes Baa2; negative outlook

New York, March 03, 2017-- Moody's Investors Service assigned first time ratings to TechnipFMC plc, including a Baa2 issuer rating and a Baa2 rating to its existing EUR 450 million unsecured convertible bonds due 2021. Moody's also assigned a Baa2 rating to the proposed senior unsecured notes being issued by TechnipFMC in exchange for $800 million of existing FMC Technologies, Inc. senior notes. At the same time, Moody's affirmed FMC Technologies' P-2 commercial paper rating and...

FMC Technologies, Inc.: Merger benefits with Technip tempered by challenging industry conditions

CORPORATES ISSUER COMMENT 13 January 2017 RATINGS FMC Technologies, Inc. Long Term Rating Baa2 Outlook Negative Source: Moody's Investors Service Contacts Amol Joshi, CFA 212-553-7267 VP-Senior Analyst [email protected] Steven Wood 212-553-0591 MD-Corporate Finance [email protected] FMC Technologies, Inc. Merger benefits with Technip tempered by challenging

Baptiste Lebacq

ODDO : FPSO: For a Pivotal Shift towards Offshore

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players wi...

Baptiste Lebacq

ODDO : FPSO: il Faut se rePositionner Sur l’Offshore

L’offshore et les supports flottants de types FPSO resteront des éléments clefs et indispensables pour l’équilibre futur du marché pétrolier. D’ici à 2035, il faudra lancer de nouveaux projets offshore permettant de produire quelques 20 Mb/j supplémentaires ! Nous tablons sur une accélération de la dynamique de ce segment après plusieurs années de sous-investissements. SBM Offshore sur lequel nous adoptons une opinion Achat (vs Neutre) avec un objectif de cours de 22 € en est l’a...

Baptiste Lebacq

ODDO : FPSO: For a Pivotal Shift towards Offshore

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players wi...

Baptiste Lebacq

ODDO : FPSO: il Faut se rePositionner Sur l’Offshore

L’offshore et les supports flottants de types FPSO resteront des éléments clefs et indispensables pour l’équilibre futur du marché pétrolier. D’ici à 2035, il faudra lancer de nouveaux projets offshore permettant de produire quelques 20 Mb/j supplémentaires ! Nous tablons sur une accélération de la dynamique de ce segment après plusieurs années de sous-investissements. SBM Offshore sur lequel nous adoptons une opinion Achat (vs Neutre) avec un objectif de cours de 22 € en est l’a...

Preston Caldwell

Morningstar | TechnipFMC's Fourth-Quarter Results Down Somewhat From Very Strong Prior Quarter

After a strong third quarter, TechnipFMC's results moderated somewhat in the fourth quarter. Revenue increased 6% sequentially, but adjusted operating margin declined to 6.9% (8% if removing foreign exchange losses) from 10.2% in the prior quarter. The top-line increase was driven chiefly by the Onshore/Offshore segment, and the bottom-line decrease was due primarily to the Subsea segment. The company also recognized a $280 million provisional charge for potential settlement with various investigations (including by the U.S. Department of Justice) regarding corrupt practices in Brazil and othe...

Alexandre Iatrides ...
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Benoit Valleaux
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Rémi Adam
  • Samantha Jeary
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 02/22/2019

The tragedy which struck the Brumadinho complex (state of Minas Gerais in Brazil) belonging to mining giant Vale has radically changed the fundamentals underpinning supply and demand in the iron ore market. Accordingly we are revising up our price scenario for 2019-2021 by 15% on average and are adopting a Neutral recommendation on Rio Tinto (vs Reduce) which has the greatest exposure. We are sticking with our Buy recommendation on ArcelorMittal. - ...

Alexandre Iatrides ...
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Benoit Valleaux
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Rémi Adam
  • Samantha Jeary
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 22/02/2019

La tragédie du complexe minier de Brumadinho (Etat du Minas Gerais au Brésil) appartenant au géant minier Vale change radicalement les fondamentaux offre/demande du marché du minerai de fer. Aussi, nous relevons en moyenne de 15% notre scénario de prix pour 2019/2021e et adoptons une opinion Neutre sur Rio Tinto (vs Alléger) qui y est le plus exposé. Nous maintenons notre Achat sur ArcelorMittal. - ...

Alain William ...
  • Alexandre Iatrides
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Benoit Valleaux
  • Christophe Chaput
  • Florent Laroche-Joubert
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Olfa Taamallah
  • Philippe Ourpatian
  • Rémi Adam
  • Roland Pfaender
  • Steven Gould
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 02/21/2019

...

Alain William ...
  • Alexandre Iatrides
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Benoit Valleaux
  • Christophe Chaput
  • Florent Laroche-Joubert
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Olfa Taamallah
  • Philippe Ourpatian
  • Rémi Adam
  • Roland Pfaender
  • Steven Gould
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 21/02/2019

...

Ahmed Ben Salem ...
  • Baptiste Lebacq
  • Bruno Cavalier
  • Christophe Chaput
  • Emmanuel Matot
  • Jerôme Bodin
  • Laurence Hofmann
  • Martial Descoutures
  • Pierre Corby

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/26/2018

...

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

ValuEngine Rating and Forecast Report for FTI

TechnipFMC Plc (FTI) - Oil & Gas - Deals and Alliances Profile

Summary TechnipFMC plc (TechnipFMC) is a provider of oil and gas technologies, systems and services. The company focuses on subsea, surface technologies, onshore and offshore projects. Its portfolio of subsea services include drilling, asset management, installation of oil and gas field, remotely operated vehicle and manipulator system services, among others. TechnipFMC also offers technical, project management, installation and maintenance, consultancy services for onshore and offshore facilities. It provides integrated platform solutions for oil and gas production and measurement systems, s...

ICD Research Department

Forum Energy Technologies, Inc. : Oil and Gas - Company Profile, SWOT & Financial Analysis

Synopsis ICD Research's "Forum Energy Technologies, Inc. : Oil and Gas - Company Profile, SWOT & Financial Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, recent developments, key employees, company locations and subsidiaries as well as competitive benchmarking data. Summary This report is a crucial resource for industry executives and anyone looking to access key information ...

TechnipFMC – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Jehanne Leroy

Proxy Report - 14/06/2018

This is the first AGM of the Company since the merger between Technip and FMC in 2016. The post-merge board, which will remain the same until the 2019 AGM, comprises only 43% of independent members and 21% of women while Technip’s board before the merger had 75% of independent member and 42% of women. We regret these declines in fair governance. We also regret that, as the company is no longer governed by French Law, items 2 and 3 on 2017 remunerations are only consultative (i.e. a rejection would have a limited impact). Likewise, item 4 proposes a vote on the remuneration policy for the 3 ...

Jehanne Leroy

Proxy Report - 14/06/2018

Cette assemblée est la première depuis la fusion de Technip avec FMC, la société n'ayant pas convoqué d'assemblée générale en 2017. Le conseil post-fusion, qui restera en place jusqu'à l'Assemblée de 2019, ne comprend que 43% d'administrateurs libres de tout conflit d'intérêts et 21% de femmes alors que le conseil de Technip avant la fusion comprenait 75% d'administrateurs libres de tout conflit d'intérêts et 42% de femmes. On regrettera ces reculs de le bonne gouvernance. On regrettera aussi le fait que, la société n'étant plus de droit français, les résolutions 2 et 3 proposant un vote sur...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A number of restaurant stocks are breaking topside bases and remain RS leadership. • Energy stocks continue to turn in dismal performance as major uptrends are broken and RS remains very weak. • Automotive parts retailers remain attractive as consumers look to repair their cars rather than buy new ones.

Matthieu DRIOL

Short term view - TECHNIPFMC PLC : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €22.80, then €21.90. Passing €28.47 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - TECHNIPFMC PLC : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 22,80 €, puis 21,90 €. Le franchissement de 28,47 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - TECHNIPFMC PLC : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €22.80, then €21.90. Passing €28.47 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - TECHNIPFMC PLC : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 22,80 €, puis 21,90 €. Le franchissement de 28,47 € remettrait en cause la suite de la baisse.

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