FTI SEC Filings

TechnipFMC plc (FTI) reported robust financial results for the six months ended June 30, 2026, demonstrating significant year-over-year growth in revenue and net income. Total revenue increased by 10.2% to $5.3 billion, driven primarily by a strong performance in the Subsea segment, which saw a 13.1% revenue jump. This growth is attributed to increased backlog conversion from higher energy demand and upstream spending, supported by the company's integrated iEPCI® and SPS offerings, particularly in Latin America, Africa, and the Middle East. Profitability also saw a substantial improvement, with net income attributable to TechnipFMC plc rising by 51.4% to $623.2 million. The Subsea segment was the key contributor, with operating profit increasing by 33.0% due to higher volumes and a favorable activity mix. While the Surface Technologies segment experienced a revenue decline, its operating profit increased due to the absence of prior-year restructuring charges and improved international market performance. The company maintains a strong liquidity position, with $991.8 million in cash and cash equivalents and significant availability under its revolving credit facility, and has seen credit rating upgrades from Fitch and S&P, reflecting its solid financial health.

TechnipFMC plc (FTI) has filed an 8-K on July 30, 2026, to report its financial results for the fiscal quarter ended June 30, 2026. The core of this filing is the press release detailing these results, which has been incorporated by reference. Investors should refer to the furnished Exhibit 99.1 for the comprehensive financial and operational performance data for the second quarter of 2026. While the 8-K itself does not contain a detailed breakdown, it signals the public dissemination of the company's latest financial performance. This includes key metrics such as revenue, profitability, backlog, and any segment-specific performance that would be crucial for understanding the company's trajectory in the energy services and technology sector. Investors are advised to review the attached press release for specific figures and management commentary.

TechnipFMC plc (FTI) announced a board refreshment with the election of Eric Mullins as a new director and appointment to the Audit Committee, effective June 1, 2026. This move expands the Board's size from nine to ten directors. Mr. Mullins' compensation will align with the Company's established director compensation practices, prorated for his service period in 2026, and is compliant with the shareholder-approved Director Remuneration Policy. The company also filed a news release related to Mr. Mullins' appointment, which is furnished under Regulation FD. Investors should note that this information is not deemed 'filed' for the purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other SEC filings unless explicitly stated. The primary impact for investors is the addition of a new director with audit committee experience, potentially enhancing board oversight.

TechnipFMC plc held its Annual General Meeting of Shareholders on May 1, 2026, where key proposals related to corporate governance and executive compensation were voted upon. The most significant outcome was the shareholder approval of Amendment No. 1 to the TechnipFMC plc 2022 Incentive Award Plan, which will affect the terms of equity-based compensation for officers and employees. Additionally, all nine director nominees were overwhelmingly re-elected, indicating strong shareholder confidence in the current board. Shareholders also provided advisory approval for the company's named executive officer compensation and directors' remuneration report for the fiscal year 2025, with high percentages of votes in favor. The appointment and reappointment of PricewaterhouseCoopers LLP (PwC) as both the U.S. independent registered public accounting firm and the U.K. statutory auditor for the upcoming fiscal year were also ratified and reappointed, respectively, with substantial support. The meeting also authorized the Board to allot equity securities, both with and without pre-emptive rights, reflecting management's need for flexibility in future capital management or strategic initiatives.

TechnipFMC plc (FTI) reported a strong first quarter for 2026, with total revenue increasing by 11.6% to $2.49 billion, driven primarily by a robust performance in its Subsea segment. Net income attributable to TechnipFMC plc surged by 83.5% to $260.5 million, or $0.64 per diluted share, significantly outpacing the prior year's results. The company's Subsea segment saw a substantial revenue increase of 14.1% to $2.21 billion, fueled by strong backlog conversion and successful execution of iEPCI™ projects, particularly in Brazil, Mozambique, and Suriname. The Surface Technologies segment experienced a slight revenue decline of 4.4% to $284.3 million, primarily due to the timing of project-related activity in the Middle East. Despite lower revenue, Surface Technologies' operating profit improved due to a favorable activity mix.

TechnipFMC plc (FTI) has filed an 8-K on April 30, 2026, to report its financial results for the first quarter ended March 31, 2026. The filing incorporates by reference the accompanying news release, which details the company's performance. Investors should review the news release for specific figures related to revenue, profitability, and any forward-looking statements or guidance provided by management for the upcoming periods. This report serves as the primary disclosure vehicle for the company's Q1 2026 financial outcomes.

TechnipFMC plc (FTI) filed an amendment to its 2025 10-K on March 26, 2026, primarily to include conformed signatures of its directors and officers that were inadvertently omitted from the original filing on February 19, 2026. This amendment does not alter the financial statements or any other disclosures made in the original 10-K and speaks as of the original filing date. Investors should refer to the February 19, 2026, filing for substantive financial and operational information regarding the fiscal year ended December 31, 2025. Key takeaways from the filing indicate that TechnipFMC is a large accelerated filer and not a shell company. The aggregate market value of its ordinary shares held by non-affiliates was approximately $9.8 billion as of June 30, 2025, based on a share price of $34.44. The company has 400,044,930 ordinary shares outstanding. PricewaterhouseCoopers LLP is the auditor.

TechnipFMC plc (FTI) has filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. This amendment is purely procedural, intended to correct an inadvertent omission of director and officer signatures from the original filing on February 27, 2025. Crucially, no financial statements or other disclosures have been revised or updated in this amendment. The company continues to affirm its status as a large accelerated filer and is not a shell company. Its ordinary shares held by non-affiliates had a market value of approximately $7.8 billion as of June 28, 2024. Investors should note that this filing provides no new financial information or operational updates for the fiscal year 2024. Any analysis or decisions based on this filing should refer to the original Form 10-K filed on February 27, 2025, which contains the substantive financial and operational disclosures. The amendment also includes new certifications from the principal executive and financial officers as required by SEC regulations for amended filings, though certain paragraphs are omitted as no financial statements are being presented.

TechnipFMC plc (FTI) has filed an 8-K on February 19, 2026, to report its financial results for the fourth quarter and full year ended December 31, 2025. The filing primarily consists of a furnished news release detailing these results. Investors should refer to the attached Exhibit 99.1 for the specific financial figures, operational performance, and forward-looking statements provided by the company. This report serves as the official dissemination of the company's most recent financial performance data.

TechnipFMC plc reported robust financial performance for the fiscal year ending December 31, 2025, marked by significant growth in revenue and operating profit. The company's Subsea segment was the primary driver of this success, with strong revenue increases attributed to the execution of integrated projects (iEPCI™) and a growing services backlog, particularly in key regions like Brazil and Norway. The Surface Technologies segment saw a modest revenue increase, bolstered by international activity, especially in the Middle East. Financially, TechnipFMC demonstrated considerable strength with substantial growth in cash provided by operating activities and free cash flow, enabling increased shareholder distributions through share repurchases and dividends. The company also focused on strengthening its balance sheet by reducing debt and maintaining a healthy liquidity position, supported by investment-grade credit ratings. Looking ahead, TechnipFMC remains optimistic about the energy market, anticipating continued demand for oil and natural gas, with a strategic focus on technological innovation and integrated solutions to improve project economics and reduce carbon intensity across both traditional and emerging energy sectors.

TechnipFMC plc (FTI) reported a solid third quarter for 2025, demonstrating robust growth in both revenue and net income attributable to the company. Total revenue for the quarter increased by 12.7% year-over-year to $2,647.3 million, primarily driven by a significant 14.4% surge in the Subsea segment, which benefited from strong backlog conversion and higher energy demand. The Surface Technologies segment also saw modest revenue growth. Net income attributable to TechnipFMC plc rose by 12.8% to $309.7 million, translating to diluted earnings per share of $0.75. The company continues to focus on its strategic iEPCI™ and Subsea 2.0® offerings, which are enhancing project economics and creating new market opportunities. TechnipFMC also maintained a strong liquidity position and continued its capital return program through dividends and share repurchases.

TechnipFMC plc (FTI) has filed an 8-K report on October 23, 2025, to announce its financial results for the fiscal quarter ended September 30, 2025. The core of this filing is the accompanying news release, furnished as Exhibit 99.1, which provides the detailed financial performance and operational updates for the period. Investors should refer to this news release for specific figures related to revenue, profitability, backlog, and any forward-looking guidance the company may have provided. While this 8-K primarily serves to disseminate the quarterly earnings announcement, it represents a crucial communication point for stakeholders to assess the company's current financial health and its trajectory. The filing allows investors to gauge the company's performance against expectations and to understand any significant events or trends impacting its operations in the third quarter of 2025. Careful review of the furnished news release is essential for a comprehensive understanding of TechnipFMC's financial condition and results.

TechnipFMC plc (FTI) filed an 8-K on July 24, 2025, to report its financial results for the fiscal quarter ended June 30, 2025. The key information for investors is contained within the accompanying news release furnished as Exhibit 99.1. This filing serves as the official mechanism to disseminate these quarterly results, allowing investors to assess the company's performance, profitability, and overall financial health during the second quarter of 2025. Investors should review the furnished news release for detailed financial data, including revenue, earnings per share (EPS), segment performance, and any forward-looking guidance or strategic updates. This information is crucial for understanding trends in the energy services sector and TechnipFMC's position within it, informing investment decisions based on recent operational and financial outcomes.

TechnipFMC plc reported strong financial results for the six months ended June 30, 2025, with total revenue increasing by 9.2% to $4.77 billion, primarily driven by a significant 10.9% surge in Subsea revenue. This growth is attributed to a higher backlog, increased energy demand, and upstream spending, complemented by the company's iEPCI™ and Subsea 2.0® offerings. Subsea operating profit saw a substantial increase of 44.6%, reflecting favorable activity mix and higher volumes, which more than offset increased operating expenses. The company also demonstrated robust cash flow generation, with operating activities providing $785.9 million. While investing activities used more cash due to increased capital expenditures and the absence of the prior year's asset sale proceeds, financing activities saw higher outflows primarily due to increased share repurchases and debt repayments. TechnipFMC maintains a solid liquidity position with $1.25 billion available under its revolving credit facility and has seen positive credit rating actions, including investment grade upgrades from major agencies.

TechnipFMC plc (FTI) held its Annual General Meeting of Shareholders on April 25, 2025, where shareholders voted on various proposals. The meeting results indicate overwhelming shareholder support for the election of all director nominees, with each receiving over 97.7% of the votes cast. Furthermore, shareholders overwhelmingly approved the advisory votes on named executive officer compensation for 2024, the frequency of future Say-on-Pay votes (favoring annual), and the directors' remuneration report. These strong endorsements suggest shareholder confidence in the company's leadership and compensation practices. A key point of interest for investors is the approval of the prospective directors' remuneration policy for the next three years, which includes a new Value Creation Plan (VCP). This plan, designed to incentivize executives based on Return on Invested Capital (ROIC) and volume-weighted average share price (VWAP) targets, aims to drive strategic objectives and future stock price growth. Awards under this VCP have been approved and will be subject to specific vesting conditions tied to performance metrics and share price appreciation, with a cap on total PSU awards.

TechnipFMC plc (FTI) has filed an 8-K report on April 24, 2025, primarily to disclose its financial results for the fiscal quarter ended March 31, 2025. The report incorporates by reference a news release detailing these results, which is the main source of information for investors regarding the company's operational and financial performance during the first quarter of 2025. Investors should review the furnished news release for specific metrics on revenue, profitability, backlog, and any forward-looking guidance provided by the company. This filing serves as a standard disclosure mechanism for material events, with the financial results being the critical takeaway for market participants. Understanding these quarterly results is essential for assessing the company's current business trajectory, its ability to execute projects, and its overall financial health. Any significant deviations from analyst expectations or prior period performance within the news release will be key areas of focus for investors and the market.

TechnipFMC plc (FTI) reported a solid first quarter for 2025, demonstrating revenue growth driven by strong performance in its Subsea segment. Total revenue rose 9.4% year-over-year to $2.23 billion, with the Subsea segment contributing significantly due to increased iEPCI™ and services activities, particularly in regions like Indonesia, Norway, and Nigeria. This performance reflects the successful conversion of a growing backlog and the company's strategic positioning in key offshore markets. While the Surface Technologies segment saw a slight revenue dip, primarily due to lower activity in North America and Europe and the prior year's sale of the Measurement Solutions business, overall profitability remained robust. The company also continued its shareholder return program with substantial share repurchases and dividend payments. TechnipFMC's strong order intake and a healthy backlog provide visibility and confidence in future performance, underscoring its strategic focus on technological innovation and integrated project delivery in both conventional and new energy sectors.

TechnipFMC plc (FTI) filed an 8-K on February 27, 2025, to report its financial results for the fiscal quarter ended December 31, 2024. The core of this filing is the news release containing these results, which is incorporated by reference. Investors should refer to the furnished news release (Exhibit 99.1) for detailed financial performance, operational achievements, and forward-looking statements for the period. While the 8-K itself is brief and procedural, it signals the company's official communication of its most recent quarterly performance. The incorporated news release will likely contain key financial metrics such as revenue, net income, earnings per share, and potentially segment performance. It will also provide management's commentary on the quarter's results and outlook, which are crucial for understanding the company's current trajectory and future prospects within the energy services sector.

TechnipFMC plc (FTI) reported a robust financial performance for the fiscal year 2024, demonstrating significant growth and improved profitability. The company experienced a substantial increase in revenue, driven primarily by its Subsea segment, which saw strong demand for integrated projects and services. The Surface Technologies segment, while facing some regional headwinds, benefited from international market strength and strategic divestitures. Key financial highlights include a 16.1% increase in total revenue to $9.1 billion, driven by strong inbound orders that grew 5% year-over-year, leading to a backlog of $14.4 billion. The company also significantly improved its cash flow from operations by 39% to $961 million, with free cash flow increasing by 45% to $679.4 million. TechnipFMC returned approximately $486 million to shareholders through dividends and share repurchases, underscoring a commitment to capital return. The company also achieved investment-grade debt ratings, reflecting a strengthened financial profile. Looking ahead, TechnipFMC anticipates continued global economic growth and sustained demand in the offshore and Middle East markets, positioning it for further value creation.

TechnipFMC plc reported a strong third quarter and first nine months of 2024, with significant year-over-year revenue and net income growth. Total revenue for the third quarter increased by 14.2% to $2.35 billion, and for the first nine months, it rose 16.9% to $6.72 billion. This growth was primarily driven by the Subsea segment, which saw substantial revenue and operating profit increases due to strong backlog conversion and favorable project mix, including significant contributions from iEPCI projects. The company's net income attributable to TechnipFMC plc for the third quarter surged to $274.6 million from $90.0 million in the prior year, while for the nine-month period, net income reached $618.2 million, a dramatic increase from $3.2 million in 2023. This profitability improvement was bolstered by the gain on the disposal of the Measurement Solutions business and a significant release of a valuation allowance on U.S. deferred tax assets. Looking ahead, TechnipFMC anticipates continued strength in the energy market, with a strategic focus on offshore and Middle East opportunities, driven by evolving market trends such as shifting capital flows and the increasing role of new technologies. The company maintains a robust order backlog, particularly in its Subsea segment, providing good visibility for future revenue and profitability. Furthermore, TechnipFMC continues its commitment to shareholder returns through dividends and substantial share repurchase programs.

TechnipFMC plc (FTI) has filed an 8-K on October 24, 2024, to announce its financial results for the fiscal quarter ended September 30, 2024. The core of this filing is the furnished news release (Exhibit 99.1), which provides details on the company's performance during the third quarter. Investors should refer to this news release for specific figures regarding revenue, profitability, segment performance, and any forward-looking statements or guidance provided by the company.

TechnipFMC plc (FTI) has filed an 8-K report on July 25, 2024, to announce its financial results for the fiscal quarter ended June 30, 2024. The core of this filing is the furnished news release (Exhibit 99.1), which contains the company's performance metrics and financial condition for the period. Investors should refer to this news release for specific details on revenue, profitability, and other key financial indicators as reported by the company.

TechnipFMC plc (FTI) reported a strong financial performance for the six months ended June 30, 2024, driven by significant revenue growth in its Subsea segment. Total revenue increased by 18.4% to $4.4 billion, with the Subsea segment showing a substantial 24.5% rise, reflecting higher order backlog and strong project execution. Net income attributable to TechnipFMC plc swung from a loss of $86.8 million in the prior year period to a profit of $343.6 million. This turnaround was bolstered by the $75.2 million gain on the disposal of the Measurement Solutions business and improved operational performance across segments. The company's order backlog reached a record $13.9 billion as of June 30, 2024, primarily driven by the Subsea segment's $12.9 billion backlog. This robust order book indicates strong future revenue potential. TechnipFMC also made significant progress in its energy transition initiatives, securing new energy orders and advancing its capabilities in carbon capture and storage and offshore renewables. The company's financial health is further supported by its investment-grade credit ratings and substantial liquidity, with $1.25 billion available under its revolving credit facility.

TechnipFMC plc (FTI) filed an 8-K on April 29, 2024, detailing the results of its Annual General Meeting of Shareholders held on April 26, 2024. The meeting covered various proposals, including the election of directors, executive and director compensation, auditor appointments, and share repurchase authorizations. All proposals presented to shareholders were overwhelmingly approved, reflecting strong support for the company's governance and operational plans. Key outcomes include the re-election of all nine director nominees with high percentages of "FOR" votes, generally above 93%. Additionally, advisory votes on named executive officer compensation for 2023 and the directors' remuneration report received approximately 86% and 85% approval, respectively. The prospective directors' remuneration policy for the next three years also garnered strong support at over 86%. The company's U.S. and U.K. auditors, PricewaterhouseCoopers LLP, were ratified and reappointed with near-unanimous approval, and the board received broad authorization to allot equity securities, with and without pre-emptive rights.

TechnipFMC plc (FTI) reported a strong first quarter in 2024, with total revenue increasing by 18.9% year-over-year to $2,042.0 million. This growth was primarily driven by the Subsea segment, which saw a significant increase in revenue and operating profit. The company also completed the sale of its Measurement Solutions business, recognizing a substantial gain. Despite an increase in cash used by operating activities, overall liquidity remains strong with ample availability under its revolving credit facility. The company also announced an upgrade to investment grade credit rating by S&P Global Ratings. Financially, TechnipFMC demonstrated significant improvement, with net income attributable to TechnipFMC plc soaring to $157.1 million from $0.4 million in the prior year's quarter. This was bolstered by the gain on the disposal of the Measurement Solutions business. The company continues to focus on its core Subsea and Surface Technologies segments, with a robust order backlog providing visibility for future revenue. Management expresses confidence in the ongoing resilience of the energy market and highlights strategic initiatives in areas like offshore wind, carbon capture, and hydrogen solutions.

TechnipFMC plc (FTI) announced its first quarter 2024 financial results on April 25, 2024. The company is reporting its financial performance and condition for the period ending March 31, 2024, as detailed in the accompanying news release furnished as an exhibit to this 8-K filing. Investors should refer to the news release for specific figures regarding revenue, profitability, and any significant operational developments during the quarter. This 8-K filing serves as a notification of the release of these results, indicating that the company's management has provided commentary and data on its financial standing. While the 8-K itself does not contain the detailed financial statements, it directs stakeholders to the furnished exhibit for a comprehensive overview of the quarter's performance. Key metrics and forward-looking statements, if any, would typically be found within this news release, offering insights into the company's trajectory and future outlook.

TechnipFMC plc (FTI) reported a strong year in 2023, with significant revenue growth driven by increased activity in its Subsea and Surface Technologies segments. The company's Subsea segment saw a substantial increase in inbound orders and backlog, buoyed by record integrated project awards and a higher adoption of its Subsea 2.0 product platform. The Surface Technologies segment also experienced growth, particularly supported by international markets. The company demonstrated improved financial performance, highlighted by a significant increase in cash flow from operations and free cash flow, which more than doubled year-over-year. TechnipFMC also initiated a quarterly cash dividend and announced a commitment to return over 60% of annual free cash flow to shareholders through 2025, signaling a focus on shareholder returns. Looking ahead, TechnipFMC anticipates continued market strength, with a strategic focus on offshore and Middle East markets, new technologies, and expanding subsea services. The company is also actively progressing its New Energy initiatives, with over $1 billion in inbound orders for these areas, anticipating significant contributions from carbon transportation and storage, offshore floating renewables, and hydrogen solutions.

TechnipFMC plc (FTI) filed an 8-K on February 22, 2024, to announce its financial results for the fourth quarter and full year ended December 31, 2023. The key takeaway for investors is the release of these financial results, which are expected to provide insights into the company's recent performance, profitability, and financial health. The full details of the results are contained within the furnished news release (Exhibit 99.1), which is incorporated by reference into this filing. Investors should review this exhibit to understand the company's revenue, earnings, cash flow, and any forward-looking guidance or commentary provided by management. While the 8-K itself is a notification filing, it signals the availability of crucial, up-to-date financial information. Investors interested in TechnipFMC's operational performance, backlog, project execution, and strategic outlook will find the most value in scrutinizing the detailed financial release. This includes understanding trends compared to previous periods and assessing the company's positioning within the energy services sector.

TechnipFMC plc (FTI) announced through an 8-K filing on January 29, 2024, that its Compensation Committee has approved the renewal and extension of Executive Severance Agreements for its Chief Executive Officer, Executive Vice President and Chief Technology Officer, and President, Subsea. Crucially, these agreements, along with new ones for other executive officers, now have no expiration date. This signals a commitment to retaining key leadership by providing enhanced financial security in the event of termination following a change in control. The severance packages are structured as "double trigger" benefits, meaning they are activated only if an executive's employment is terminated without cause or constructively terminated within 24 months after a change in control. The benefits include multiples of base salary and target cash bonuses, with higher multiples (three times) for the CEO and CFO and lower multiples (two times) for other executives. These agreements also cover accrued compensation, pro-rated bonuses, and continued health insurance for a specified period (24 or 36 months for CEO/CFO), subject to a release of claims and potential tax code limitations.

TechnipFMC plc (FTI) announced a key executive change within its finance department. Effective December 21, 2023, David Light will assume the role of Senior Vice President, Controller and Chief Accounting Officer. This appointment follows the departure of Krisztina Doroghazi, who is leaving to pursue other opportunities. Ms. Doroghazi's exit is stated to be amicable and not due to any disagreements with the company. Mr. Light's promotion signifies internal talent development, as he has been with TechnipFMC since 2018, holding various senior roles including Vice President of Internal Audit and Controls. His prior experience at PricewaterhouseCoopers LLP also provides a strong foundation. Investors should note that while executive changes can sometimes signal underlying issues, the company has explicitly stated no disagreements were involved in Ms. Doroghazi's departure, suggesting a smooth transition.

TechnipFMC plc (FTI) reported a significant increase in revenue for the third quarter and the first nine months of 2023 compared to the prior year, driven primarily by the Subsea segment. Total revenue for the three months ended September 30, 2023, was $2.06 billion, up 18.7% year-over-year, while nine-month revenue reached $5.75 billion, an increase of 14.8%. This growth is attributed to a strong backlog, particularly in Subsea, and increased activity in key regions like Brazil and Norway. The company achieved a substantial improvement in profitability, with net income attributable to TechnipFMC plc for the third quarter of $90.0 million, a dramatic turnaround from a net loss of $10.3 million in the same period last year. The nine-month net income was $3.2 million, compared to a loss of $69.9 million in the prior year. This improved financial performance reflects higher revenues, improved gross profit margins driven by volume and favorable mix, and effective cost management, despite increased selling, general, and administrative expenses. The company also announced a new quarterly cash dividend of $0.05 per share and continued its share repurchase program.

TechnipFMC plc (FTI) has filed an 8-K report on October 26, 2023, primarily to furnish its press release announcing its financial results for the fiscal quarter ended September 30, 2023. This filing incorporates by reference the press release, which contains the detailed financial performance and operational updates for the period. Investors should refer to the furnished press release (Exhibit 99.1) for comprehensive information regarding the Company's third-quarter 2023 performance, including key financial metrics, segment results, and management's commentary. While the 8-K itself is a brief notification of the release of results, it signifies the official disclosure of TechnipFMC's Q3 2023 financial health and operational standing. Investors are encouraged to review the accompanying press release for insights into revenue, profitability, backlog, and any forward-looking statements or strategic developments discussed by the company. This information is crucial for understanding the company's current trajectory and future outlook in the dynamic energy sector.

TechnipFMC plc (FTI) announced a key executive leadership change through an 8-K filing on July 31, 2023. Cristina Aalders, previously the Chief Compliance Officer, has been appointed as the new Executive Vice President, Chief Legal Officer, and Secretary, effective immediately. This transition sees Victoria Lazar departing from these roles, though she will remain with the company in an employee capacity until August 31, 2023, to facilitate a smooth handover. The departure of Ms. Lazar is accompanied by a Separation, Release and Waiver of Claims and Restrictive Covenant Agreement. Under this agreement, Ms. Lazar is set to receive a severance package that includes two times her base salary and target bonus, a pro-rata bonus for 2023, continued benefits for up to 18 months, tax preparation assistance, and outplacement services. In return, she has agreed to a release of claims and has committed to specific post-termination restrictive covenants, including non-competition and non-solicitation for 24 months, ongoing cooperation, and adherence to non-disparagement and confidentiality clauses.

TechnipFMC plc reported increased revenue for the second quarter and first half of 2023 compared to the prior year, driven by strong performance in both its Subsea and Surface Technologies segments. The Subsea segment benefited from higher project activity, while Surface Technologies saw growth due to increased operator activity. Despite revenue growth, the company reported a net loss attributable to TechnipFMC plc for both periods, largely due to a significant non-recurring legal settlement charge of $126.5 million in the second quarter. Order backlog also saw a substantial increase, particularly in the Subsea segment, indicating strong future revenue potential. Key financial developments include a significant increase in cash used by operating activities, though this was partially offset by improved investing and financing cash flows compared to the previous year. The company also strengthened its liquidity position by amending its revolving credit facility and entering into a new performance letters of credit facility. Investors should monitor the execution of the substantial order backlog and the impact of ongoing legal resolutions, particularly the recent French PNF settlement, on profitability.

TechnipFMC plc (FTI) filed an 8-K on July 27, 2023, to announce its financial results for the second quarter ended June 30, 2023. The report primarily incorporates by reference a news release detailing these results. Investors should refer to the furnished news release (Exhibit 99.1) for specific financial and operational performance metrics, including revenue, profitability, backlog, and segment performance. This filing serves as the official notification of the company's quarterly performance update to the market. While the 8-K itself is brief and points to the news release for details, the key takeaway for investors is the release of the Q2 2023 financial results. This will provide crucial insights into the company's current financial health, its ability to execute projects, and its outlook for the remainder of the fiscal year. Investors should carefully review the accompanying press release to understand the financial trends, any significant deviations from expectations, and management's commentary on business performance and future guidance.

TechnipFMC plc (FTI) filed an 8-K on May 2, 2023, detailing the results of its Annual General Meeting of Shareholders held on April 28, 2023. The meeting covered several key proposals, including the election of directors, advisory votes on executive and director compensation, receipt of the U.K. annual report, ratification and re-appointment of auditors, and authorizations for the Board to allot equity securities. All proposals presented to shareholders passed with overwhelming support. Notably, all nine director nominees were elected, and shareholders approved the named executive officer compensation and the directors' remuneration report on an advisory basis. The appointment and re-appointment of PricewaterhouseCoopers LLP (PwC) as both U.S. and U.K. auditors were overwhelmingly ratified, and the Board received broad authorization to allot equity securities, including without pre-emptive rights. The high voter turnout and strong approval margins across all proposals indicate shareholder confidence in the company's governance and current strategic direction.

TechnipFMC plc (FTI) reported a net income of $0.4 million for the first quarter of 2023, a significant improvement from a net loss of $61.7 million in the same period of 2022. Total revenue increased by 10.4% to $1.72 billion, driven by growth in both the Subsea and Surface Technologies segments. Subsea revenue rose 7.6% due to higher project activity, while Surface Technologies revenue saw a 23.7% increase, fueled by rising operator activity in North America and the Middle East. The company's gross profit margin improved to 12.9% from 11.9% year-over-year, reflecting better margins in backlog and increased service activity. Operating profit also saw a healthy increase across both segments. Despite a cash outflow from operating activities of $386.2 million, primarily due to timing differences, the company's financial position remains robust with a significant order backlog of $10.6 billion. Management remains confident in the multi-year growth cycle for energy demand and TechnipFMC's positioning to capitalize on opportunities in both conventional energy and the energy transition.

TechnipFMC plc (FTI) announced its first-quarter 2023 financial results on April 27, 2023. While the provided 8-K filing primarily references a furnished press release for the detailed results, the overarching theme for investors revolves around the company's performance and outlook for the period. Investors should consult the referenced press release (Exhibit 99.1) for specific figures related to revenue, profitability, and segment performance, as these are the core drivers of the company's financial condition and operational success. The key takeaway from this filing is the confirmation of the release of Q1 2023 results. Investors will be looking for signs of growth, efficiency improvements, and strategic progress within TechnipFMC's business segments. The market will be keenly interested in any forward-looking statements or guidance provided in the accompanying press release, which will offer insights into management's expectations for the remainder of the fiscal year and potential impacts of the current economic environment on future operations.

TechnipFMC plc (FTI) has filed an 8-K to disclose material updates regarding its financing arrangements. The company entered into a fifth amendment to its senior secured multicurrency revolving credit facility, increasing the total commitments to $1.25 billion and extending the facility's term to five years. Additionally, FTI has established a new $500 million senior secured performance letters of credit facility, also with a five-year term, which can be expanded up to $1 billion. These actions strengthen the company's liquidity and financial flexibility, supporting its ongoing contracting activities.

TechnipFMC plc (FTI) reported a revenue of $6.7 billion for the fiscal year ended December 31, 2022, a modest increase of 4.6% from the previous year, driven by stronger performance in its Subsea and Surface Technologies segments. The Subsea segment experienced a revenue increase of 2.5% to $5.46 billion, supported by higher project and services activity, particularly in Brazil and the UK, and a significant 36% rise in inbound orders to $6.74 billion. The Surface Technologies segment saw a more robust revenue growth of 15.3% to $1.24 billion, primarily due to increased operator activity in North America and resilient international markets. The company reported a net loss of $107.2 million for the year, a significant shift from the $13.3 million net income in 2021. This was largely influenced by a $27.7 million loss on its investment in Technip Energies and a $29.8 million loss on early extinguishment of debt, alongside other operational factors. Despite the net loss, the company's operating profit from continuing operations improved significantly year-over-year, with Subsea operating profit more than doubling to $317.6 million and Surface Technologies operating profit increasing to $58.3 million. TechnipFMC also announced plans to initiate a quarterly dividend in the second half of 2023, signaling a focus on returning value to shareholders.

TechnipFMC plc (FTI) has filed an 8-K report on February 23, 2023, to announce its financial results for the fourth quarter and full year ended December 31, 2022. The filing includes a press release detailing these results, which is incorporated by reference. Investors should review this press release for specific financial performance metrics, including revenue, profitability, and any forward-looking guidance provided by the company. This report serves as the primary vehicle for the company to disseminate its latest financial performance to the public. While the 8-K itself is brief, it directs investors to the furnished press release, which contains the substantive financial information. Key areas of interest for investors will likely include the company's performance against expectations, trends in its various business segments (e.g., Surface Technologies, Subsea), and any commentary on the macroeconomic environment affecting its operations and future outlook.

TechnipFMC plc (FTI) announced a change to its Board of Directors, appointing Robert G. Gwin as a new director, effective February 1, 2023. Mr. Gwin is also expected to join the Audit Committee, bringing valuable experience to the board's oversight functions. This appointment is in line with the Company's established Director Remuneration Policy and will result in compensation consistent with other non-executive directors, prorated for his service period. Additionally, the Company disclosed that Peter Mellbye will not seek re-election at the upcoming annual general meeting. While the departure of a director is a routine governance event, the addition of Mr. Gwin, particularly to the Audit Committee, signals a continued focus on robust financial oversight and corporate governance. Investors should note the timing of these changes as the company navigates its strategic objectives.

TechnipFMC plc (FTI) reported total revenue of $1.73 billion for the third quarter of 2022, an increase of 9.7% compared to the prior year period, driven by growth in both its Subsea and Surface Technologies segments. The Subsea segment saw revenue increase by 7.8% due to higher activity in Brazil, while Surface Technologies revenue grew by 19.0% primarily due to increased operator activity in North America. Despite the revenue growth, the company reported a net loss attributable to TechnipFMC plc of $10.3 million for the quarter, compared to a loss of $32.2 million in the prior year. This was influenced by a significant increase in provision for income taxes and a $15.3 million loss from discontinued operations. However, excluding discontinued operations and other items, income from continuing operations attributable to TechnipFMC plc was $5.0 million, a significant improvement from a loss of $40.6 million in Q3 2021, demonstrating operational recovery. The company ended the quarter with a strong order backlog of $8.84 billion, signaling positive future revenue potential.

TechnipFMC plc (FTI) reported its financial results for the third quarter ended September 30, 2022, on October 26, 2022. The filing primarily consists of a furnished press release detailing these results, which is incorporated by reference. Investors should refer to the accompanying press release for specific financial metrics, operational performance, and management's commentary on the quarter. This report serves as notification of the release of that information. While the 8-K itself is procedural, the core information lies within the referenced press release (Exhibit 99.1). Investors seeking details on revenue, profitability, backlog, segment performance (e.g., Subsea, Surface Technologies), and forward-looking guidance should consult that document. This filing is a gateway to understanding the company's most recent financial standing and outlook.

TechnipFMC plc (FTI) reported mixed financial results for the second quarter of 2022. While total revenue saw a modest increase of 2.9% to $1.72 billion compared to the prior year's quarter, the net income attributable to TechnipFMC plc swung from a significant loss of $167.0 million in Q2 2021 to a small profit of $2.1 million in Q2 2022. This improvement was largely driven by a substantial reduction in the loss from investment in Technip Energies and lower interest expenses, partially offset by increased impairment, restructuring, and other expenses. The company's performance was characterized by strength in its Subsea segment, which saw revenue grow 1.5% and operating profit surge by 34.1%, indicating improved margins and higher activity. However, the Surface Technologies segment experienced a decline in operating profit, primarily due to manufacturing transition challenges in Saudi Arabia, despite a 10.2% revenue increase driven by North American activity. For the first six months of 2022, revenue slightly decreased by 0.8% to $3.27 billion, and the company reported a net loss of $59.6 million compared to a net income of $201.2 million in the same period last year, reflecting challenging comparisons and ongoing operational adjustments.

TechnipFMC plc (FTI) filed an 8-K on July 27, 2022, to announce its financial results for the fiscal quarter ended June 30, 2022. The filing primarily references a furnished news release (Exhibit 99.1) which details the company's performance and financial condition for the period. Investors should refer to this news release for comprehensive information regarding revenue, profit, cash flow, and any forward-looking guidance provided by the company. While the 8-K itself is brief and incorporates the results by reference, the underlying news release is the critical document for understanding TechnipFMC's operational and financial standing. Key areas of interest for investors will likely include the company's performance against expectations, any significant segment contributions or detractors, and the overall outlook for the business in the second half of the year and beyond.

TechnipFMC plc (FTI) announced on May 4, 2022, the execution of a second supplemental indenture related to its 6.500% Senior Notes due 2026. This action follows a solicitation of consents from noteholders, indicating a significant modification to the terms governing these outstanding notes, which had an aggregate principal amount of $202,892,000 at the time. For investors holding these 2026 Notes, the most critical development is the removal of substantially all restrictive covenants and the elimination of certain events of default. This fundamentally alters the protective provisions for bondholders, potentially increasing the company's financial flexibility but also reducing certain safeguards previously in place. Investors should carefully review the full Second Supplemental Indenture to understand the complete implications of these changes on their investment.

TechnipFMC plc (FTI) filed an 8-K on May 3, 2022, detailing the voting results from its Annual General Meeting of Shareholders held on April 29, 2022. The meeting covered several key proposals, including the election of directors, executive compensation, auditor ratification, and authorization for equity issuances. Most proposals passed with significant shareholder support, reflecting general approval of the company's governance and strategic directions. Notably, all director nominees were elected, though with varying degrees of support, with some facing notable opposition. Shareholder approval was also obtained for the company's 2021 named executive officer compensation and directors' remuneration report on an advisory basis. Furthermore, shareholders overwhelmingly ratified the appointment and re-appointment of PricewaterhouseCoopers LLP as both the U.S. and U.K. auditor, and authorized the board to determine their remuneration. The adoption of the 2022 Incentive Award Plan and authorities for the board to allot equity securities, including those without pre-emptive rights, also received strong backing.

TechnipFMC plc (FTI) reported a net loss of $61.7 million for the first quarter of 2022, a significant shift from the $368.2 million net income in the prior year's quarter. This loss was primarily driven by a $28.5 million loss from its investment in Technip Energies, compared to a substantial gain in the prior year, and also impacted by operational shifts. Despite the net loss, the company's outlook remains positive, anticipating a multi-year upcycle in energy demand and strong inbound orders through at least 2025. The Subsea segment saw strong inbound orders of $1.9 billion, the highest quarterly level since 2019, and an increase in its order backlog. The Surface Technologies segment also experienced revenue growth, driven by increased activity in North America and strategic initiatives like the E-Mission solution. The company is also making strides in the energy transition, focusing on greenhouse gas removal, offshore floating renewables, and hydrogen. While the reported quarter showed a loss, the underlying operational performance and the company's strategic positioning for future growth, particularly in offshore energy and renewables, suggest a potentially positive trajectory. Investors should monitor the impact of the Technip Energies divestment and ongoing energy market dynamics.

TechnipFMC plc (FTI) filed an 8-K on April 27, 2022, to report its financial results for the first quarter ended March 31, 2022. The filing primarily incorporates by reference a press release detailing these results, which provides investors with an update on the company's operational and financial performance during the period. Investors should review the furnished press release for specific details on revenue, profitability, segment performance, and any forward-looking guidance.