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TechnipFMC plc: TechnipFMC Announces First Quarter 2021 Results


TechnipFMC plc: TechnipFMC Announces First Quarter 2021 Results
Cash flow from continuing operations $182 million, free cash flow $137 million
Subsea inbound orders more than doubled sequentially to $1.5 billion
New partnerships leverage subsea expertise for integrated wind, wave energy
Regulatory News:
Summary Financial Results from Continuing Operations
Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.
Three Months Ended
March 31,
$0.95
$(0.03)
(11.9%)
Total Company revenue in the first quarter was $1,632 million. Income from continuing operations attributable to TechnipFMC plc was $430.3 million, or $0.95 per diluted share. These results included income from the Company s equity investment in Technip Energies of $470.1 million primarily related to a favorable change in fair market value. After-tax charges and credits totaled $444.8 million of credit, or $0.99 per diluted share. Ad ....

Al Bu Ayrah , New York , United States , France General , United Kingdom , El Amriya , Kafr Ash Shaykh , South Australia , New York Stock Exchange , City Of , North Sea , Oceans General , Matt Seinsheimer , Nicola Cameron , Petrobras Marlim , Doug Pferdehirt , Technip Energie , James Davis , Asia Pacific , Brooke Robertson , Limbayong Deepwater Development , United States Securities Exchange , European Union , Subsea Services , York Stock Exchange , Energean Karish North Development ,

TechnipFMC plc: TechnipFMC Announces Fourth Quarter 2020 Results


TechnipFMC plc: TechnipFMC Announces Fourth Quarter 2020 Results
All segments achieved financial guidance
Total Company inbound orders of $10.1 billion; Subsea orders of $4 billion
Resilient backlog of $21.4 billion; Subsea backlog of $6.9 billion
Fourth quarter 2020
Includes total after-tax charges, net of credits, of $0.14 per diluted share
Adjusted diluted earnings per share, excluding charges and credits, was $0.05
Includes expense resulting from increased liability to joint venture partners of $0.12 per diluted share
Regulatory News:
Summary Financial Statements Fourth Quarter 2020
Reconciliation of U.S. GAAP to non-GAAP financial measures are below and in financial schedules.
Three Months Ended
December 31,
$(0.09)
$0.05
(11.8%)
Total Company revenue in the fourth quarter was $3,426.1 million. Net loss attributable to TechnipFMC plc was $39.3 million, or $0.09 per diluted share. These results include ....

Al Bu Ayrah , New York , United States , Al Janubiyah , France General , United Kingdom , El Amriya , Kafr Ash Shaykh , City Of , Costa Azul , Baja California , South Korea , North Sea , Oceans General , Russian Federation , Matt Seinsheimer , Energean Karish , Nicola Cameron , Doug Pferdehirt , James Davis , Breidablikk Pipelay , Infraestructura Energ , Technip Odebrecht , Asia Pacific , Brooke Robertson , Motor Oil Hellas Refinery Greece ,

TechnipFMC plc: TechnipFMC's subsidiary, FMC Wellhead Equipment Sdn. Bhd. Awarded a Contract by PETRONAS Carigali for Limbayong Deepwater Development Project in Offshore Malaysia


TechnipFMC plc: TechnipFMC s subsidiary, FMC Wellhead Equipment Sdn. Bhd. Awarded a Contract by PETRONAS Carigali for Limbayong Deepwater Development Project in Offshore Malaysia
(1)
contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali), a subsidiary of PETRONAS for the provision of front-end engineering design, and integrated engineering, procurement, construction, installation and commissioning of subsea production system, umbilicals, risers and flowlines (iEPCI) for the Limbayong Deepwater Development Project. PETRONAS is a global energy and solutions partner and ranked amongst the largest corporations in Fortune Global 500.
This contract covers the development of 10 deepwater wells and their tieback to the Limbayong Floating Production Storage and Offloading (FPSO) unit in Malaysia. TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea trees, manifolds, umbilicals, flexible risers, flowlines, jumpers and other associated ....

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