TechnipFMC: Q3 TAKE THREE
Book-to-bill ratio decreased in Q3 from Q2. FTI is optimistic about the subsea market outlook. Cash flows strengthened in 9M...
Book-to-bill ratio decreased in Q3 from Q2. FTI is optimistic about the subsea market outlook. Cash flows strengthened in 9M...
Revenues and net incnome decreased in Q3 versus Q2. Pressure pumping business suffered severely. Its tier 4 dual fuel assets...
Expects completion activity to see a sequential slowdown in Q4. Identified 42 legacy non-Tier 1 rigs and equipment to be...
U.S. Drilling revenue decreased but International Drilling segment revenues increased in Q3. It drilled three wells in the Delaware Basin...
Revenues fell and operating income increased in Q3 compared to Q2. Order bookings decreased. Management keeps EBITDA guidance unchanged. Expects...
Revenues and adjusted EBITDA increased moderately in Q3. Challenges from softer short-cycle activity and lower international capex. On tract to...
Expects Q4 pressure pumping activity to reduce. Activity can recover in 2025, but frac efficiency can decelerate. Revenues increased by...
ACDC will invest in diesel substitution equipment, utilizing natural gas. Average active fleet declined in Q2. Utilization deteriorated in Q2...
Downhole technology portfolio saw traction recently. Significant impact of cost reduction expected in Q3. Cash flwo stability due to diversification.
Anticipates slowdown in Q4 from clients' capex exhaustion. US performance can be challenging. Shifts assets to profit-generating regions; to start...
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