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TechnipFMC plc: TechnipFMC Announces First Quarter 2021 Results
Cash flow from continuing operations $182 million, free cash flow $137 million
Subsea inbound orders more than doubled sequentially to $1.5 billion
New partnerships leverage subsea expertise for integrated wind, wave energy
Regulatory News:
Summary Financial Results from Continuing Operations
Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.
Three Months Ended
March 31,
$0.95
$(0.03)
(11.9%)
Total Company revenue in the first quarter was $1,632 million. Income from continuing operations attributable to TechnipFMC plc was $430.3 million, or $0.95 per diluted share. These results included income from the Company s equity investment in Technip Energies of $470.1 million primarily related to a favorable change in fair market value. After-tax charges and credits totaled $444.8 million of credit, or $0.99 per diluted share. Adjusted loss from continuing operations
L asperge ou le «Sekkoum», un légume printanier très prisé - La Nouvelle République Algérie lnr-dz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lnr-dz.com Daily Mail and Mail on Sunday newspapers.
Energean Prices $2.5bn Bond Offering
Mar 10, 2021 8:05:am
Summary
by: Joe Murphy
Posted in:
Energean Prices $2.5bn Bond Offering
Mediterranean-focused producer Energean has priced the $2.5bn in senior notes it plans to offer to pay down existing debts, the company reported in a stock filing on March 10.
The notes will be offered in four $625mn series. The first series matures on March 30, 2024, and carries a fixed annual interest rate of 4.5%, the second matures on March 30, 2026, and has a rate of 4.875%, the third matures on March 30, 2028, and has a 5.375% rate and the final one matures on March 30, 2031, and has a 5.875% rate. Interest on the notes will be paid twice a year on March 30 and September 30.
Country Focus: Interest remains high in Egypt’s gas sector [LNG Condensed]
Mar 10, 2021 10:30:am
Summary While the Covid-19 pandemic may have slowed gas operations worldwide, Egypt remains a hive of activity. Over the last 12 months, major new operators have bought into the sector or enlarged their positions, gas production continues to rise, a deal has been reached to increase imports of Israeli gas, and Egypt’s second LNG plant is slated to resume operations in the first quarter of this year, following an eight-year hiatus. [LNG Condensed Volume 3, Issue 1 - January/February 2021]
by: NGW
Posted in:
Country Focus: Interest remains high in Egypt’s gas sector [LNG Condensed]