FTI

Market Overview: Wall Street is experiencing a significant sell-off, marking the worst week for U.S. equities since March 2020, with major indices like the Dow Jones and Nasdaq 100 entering correction and bear market territories, respectively, largely due to China's retaliatory tariffs on U.S. goods.

Impact on Stocks and Bonds: Tech stocks, particularly in the semiconductor sector, have been heavily impacted, with the iShares Semiconductor ETF dropping 16%. Despite a strong U.S. jobs report, investor confidence remains low as fears of a global trade war grow, leading to a rise in bond performance.

TMSL Stock Performance: TMSL's stock has a 52-week low of $28.8605 and a high of $35.37, with the last trade recorded at $29.16, indicating its current position relative to historical performance.

ETFs Trading Dynamics: Exchange traded funds (ETFs) function similarly to stocks, allowing for the buying and selling of units that can be created or destroyed based on investor demand, impacting the underlying assets held within these ETFs.

Stock Performance Overview: FTI's stock has a 52-week low of $22.985 and a high of $33.45, with the last trade recorded at $25.63.

Market Analysis Note: The article mentions other energy stocks that have recently fallen below their 200-day moving average.

TechnipFMC Contract Award: TechnipFMC has secured a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Shell for the Gato do Mato greenfield development offshore Brazil, which is expected to streamline project management and accelerate time to first oil.

Company Overview: TechnipFMC is a leading technology provider in the energy sector, focusing on integrated projects and innovative solutions to enhance project economics while supporting energy transition efforts.

TechnipFMC Contract Award: TechnipFMC has received a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea, aimed at enhancing production by connecting additional wells to existing infrastructure.

Company Overview: TechnipFMC is a leading technology provider in the energy sector, focusing on delivering integrated projects and services while promoting energy transition and reducing carbon intensity through innovative solutions.

Analyst Ratings: Kepler Capital analyst Bertrand Hodee maintained a Hold rating on TechnipFMC with a price target of $29.00, while the consensus among analysts is a Strong Buy with an average target of $38.25.

Financial Performance: TechnipFMC reported a quarterly revenue of $2.37 billion and a net profit of $224.7 million for Q4 2024, showing significant growth compared to last year's revenue of $2.07 billion and net profit of $53 million.

Insider Trading Activity: David Light, SVP & Chief Accounting Officer of $FTI, sold 10,147 shares for approximately $252,660, representing 57.4% of his holdings in that class of stock, leaving him with 7,529 shares. In the past six months, there have been two insider sales and no purchases of $FTI stock.

Institutional Investor Movements: In the latest quarter, 256 institutional investors increased their positions in $FTI stock while 249 reduced theirs, indicating mixed sentiment among large investors regarding the company's stock.

Insider Trading Activity: Justin Rounce, EVP & CTO of $FTI, sold 235,713 shares for approximately $6.28 million, representing 40.3% of his holdings, with no insider purchases reported in the last six months.

Institutional Investor Movements: In the latest quarter, 256 institutional investors increased their positions in $FTI stock while 249 reduced theirs, indicating mixed sentiment among large shareholders.

TechnipFMC CEO Announcement: Doug Pferdehirt, Chair and CEO of TechnipFMC, will speak at the Piper Sandler 25th Annual Energy Conference on March 18, 2025, with a live webcast available for viewing.

Company Overview: TechnipFMC is a technology provider in the energy sector, focusing on integrated projects and services while promoting innovation and sustainability through its proprietary technologies.

Analyst Rating and Price Target: Citi analyst Scott Gruber has maintained a Buy rating on TechnipFMC with a price target of $35.00, while the stock currently trades at $26.67. The consensus among analysts is a Strong Buy with a higher price target average of $37.73.

Analyst Performance: Gruber, a 5-star analyst with a 53.45% success rate, focuses on the Energy sector and has an average return of 10.8%. Other firms have also raised their price targets for TechnipFMC, indicating strong performance and financial stability.

Analyst Ratings Overview: Analysts have provided new ratings for TechnipFMC (Buy, price target $43), Propetro Holding (Buy, price target $11), and Sitio Royalties (Sell, price target $23), indicating varied investment sentiments in the energy sector.

Consensus and Price Targets: TechnipFMC has a Strong Buy consensus with a price target of $38.18, Propetro Holding has a Moderate Buy consensus with a target of $10.75, while Sitio Royalties has a Moderate Buy consensus despite a Sell rating from Barclays.

Analyst Upgrade: Barclays analyst J. David Anderson has increased TechnipFMC's price target to $43, maintaining an Overweight rating due to the company's strong order growth and improving margins as it enters a favorable subsea cycle.

Positive Earnings Outlook: The firm anticipates continued earnings growth visibility for TechnipFMC through at least 2028, suggesting that the stock's positive re-rating trend is likely to persist.

Analyst Ratings: Jason Bandel from Evercore ISI maintains a Buy rating on TechnipFMC with a price target of $39.00, while the analyst consensus suggests a Strong Buy with an average price target of $38.09, indicating a potential upside of 29.38%.

Market Performance: TechnipFMC has a market cap of $12.38 billion and a P/E ratio of 15.39, with recent reports highlighting strong financial performance and stability contributing to positive ratings from multiple analysts.

EOG Resources Analysis: Bank of America Securities maintained a Hold rating on EOG Resources with a price target of $144.00, while the analyst consensus suggests a Moderate Buy with an average price target of $151.22, indicating an 18% upside potential.

TechnipFMC Outlook: RBC Capital reiterated a Buy rating for TechnipFMC, setting a price target of $37.00, and the overall analyst consensus is a Strong Buy with an average price target of $38.09, representing a 33.6% upside.

Analyst Ratings: Victoria Mcculloch from RBC Capital maintains a Buy rating on TechnipFMC with a price target of $37.00, while the overall analyst consensus suggests a Strong Buy with an average price target of $38.09, indicating a potential upside.

Financial Performance: TechnipFMC reported a quarterly revenue of $2.35 billion and a net profit of $274.6 million for the quarter ending September 30, showing significant growth compared to last year's revenue of $2.06 billion and net profit of $90 million.

Financial Performance: TechnipFMC reported strong financial results for Q4 and full year 2024, with revenue of $2.37 billion in Q4 (up 13.9% year-over-year) and total annual revenue of $9.08 billion (up 16.1%). Net income surged to $842.9 million for the year, reflecting a significant increase from the previous year.

Strategic Outlook: The company is optimistic about future growth, particularly in subsea orders, projecting over $10 billion in inbound orders for 2025 and aiming for a total of $30 billion by 2025. TechnipFMC is also focusing on optimizing its Surface Technologies segment and enhancing shareholder returns.

Earnings Performance: Kinetik Holdings Inc. reported quarterly earnings of $0.01 per share, significantly missing the Zacks Consensus Estimate of $0.37 and down from $1.70 a year ago, marking a -97.30% surprise. The company also missed revenue expectations with $385.72 million for the quarter.

Market Outlook: The stock currently holds a Zacks Rank #3 (Hold) due to mixed estimate revisions, with future performance likely influenced by management's commentary and industry outlook, as the Oil and Gas - Field Services sector is in the bottom 32% of Zacks industries.

Dividend Announcement: TechnipFMC plc has declared a quarterly cash dividend of $0.05 per share, payable on April 2, 2025, to shareholders recorded by March 18, 2025, with the ex-dividend date also set for March 18, 2025.

Company Overview: TechnipFMC is a technology provider in the energy sector, focusing on integrated projects and services, while emphasizing innovation and sustainability in its operations.

Stock Performance Overview: OIH's share price is currently at $290.26, within a 52-week range of $257.78 to $353.25, and the comparison with the 200-day moving average is noted as a useful technical analysis tool.

ETFs Trading Dynamics: ETFs function similarly to stocks, allowing for the buying and selling of units that can be created or destroyed based on investor demand, impacting the underlying holdings significantly during notable inflows or outflows.

Energy Stocks Surge: Energy stocks rose following President Trump's reiteration of "Drill, baby, drill" during his inauguration speech.

Oil Futures Decline: Despite the increase in energy stocks, oil futures dropped due to expectations of higher supply, although Trump declared a national energy emergency to expedite oil and gas permitting.