Reported 2 days ago
TechnipFMC plc (NYSE:FTI) has gained 5.98% in stock price due to its strong fourth-quarter earnings, surpassing expectations with an adjusted EPS of $0.54 and notable revenue of $2.37 billion. The company recently secured significant contracts from Equinor and Shell, valued between $1 billion and $1.5 billion, which has bolstered its position in the recovering energy sector that has outperformed the general market this year.
Source: YAHOO