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MarketScreener Homepage  >  Equities  >  Nyse  >  TechnipFMC plc    FTI   GB00BDSFG982

TECHNIPFMC PLC

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TechnipFMC Gets Subsea Equipment Contract With Australia's Woodside Petroleum

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04/21/2020 | 01:33am EDT

By Cristina Roca

TechnipFMC PLC said Tuesday that it has won a contract to provide Woodside Petroleum Ltd. with subsea equipment at two of its fields offshore northwestern Australia.

The Paris-listed company will design, manufacture and install subsea equipment to develop the Lambert Deep and Phase 3 of the Greater Western Flank fields, it said.

TechnipFMC said the contract is significant, meaning it is worth between $75 million and $250 million. The order was included in the company's first-quarter financial results.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

Stocks mentioned in the article
ChangeLast1st jan.
NEXT PLC 0.36% 4717 Delayed Quote.-32.79%
TECHNIPFMC PLC 3.67% 7.06 Delayed Quote.-67.07%
THE NEW HOME COMPANY INC. 2.16% 3.31 Delayed Quote.-28.97%
WOODSIDE PETROLEUM LTD -2.36% 21.14 End-of-day quote.-38.51%
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Financials (USD)
Sales 2020 12 573 M - -
Net income 2020 -3 180 M - -
Net cash 2020 354 M - -
P/E ratio 2020 -0,99x
Yield 2020 1,60%
Capitalization 3 172 M 3 172 M -
EV / Sales 2019
EV / Sales 2020 0,22x
Nbr of Employees 37 000
Free-Float 99,3%
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Technical analysis trends TECHNIPFMC PLC
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TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 12,36 $
Last Close Price 7,06 $
Spread / Highest target 353%
Spread / Average Target 75,0%
Spread / Lowest Target -37,7%
EPS Revisions
Managers
NameTitle
Douglas J. Pferdehirt Chairman & Chief Executive Officer
Maryann T. Mannen Chief Financial Officer & Executive VP
Justin Rounce Chief Technology Officer & Executive VP
Arnaud Caudoux Independent Director
Pascal Colombani Lead Independent Director
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