FTI

Wall Street expects a year-over-year increase in earnings on higher revenues when FMC Technologies (FTI) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 29. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This provider of equipment and services to energy companies is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of +17.3%. Revenues are expected to be $2.79 billion, up 5.2% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.22% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For FMC Technologies, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.67%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that FMC Technologies will most likely beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that FMC Technologies would post earnings of $0.8 per share when it actually produced earnings of $0.91, delivering a surprise of +13.75%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. FMC Technologies appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Among the stocks in the Zacks Oil and Gas - Field Services industry, ProPetro Holding (PUMP), is soon expected to post loss of $0.02 per share for the quarter ended September 2026. This estimate indicates no change from the year-ago quarter. This quarter's revenue is expected to be $321.16 million, up 9.3% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for ProPetro has been revised 16.7% up to the current level. Nevertheless, the company now has an Earnings ESP of +33.33%, reflecting a higher Most Accurate Estimate. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that ProPetro will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TechnipFMC plc (FTI) : Free Stock Analysis Report ProPetro Holding Corp. (PUMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SLB (NYSE:SLB) is scheduled to report its earnings on Friday, October 23, 2026. The company has a market value of about $76.1 billion. Over the last twelve months it generated $36.4 billion in revenue and $5.0 billion in operating profit, with net income of $3.1 billion. How the stock moves after the release will depend on how the results and outlook compare with expectations. What history can offer is the base rate: how often, and how far, the stock has moved after past reports. See the earnings reaction history of all stocks SLB's Historical Odds Of A Positive Post-Earnings Return Some observations on one-day (1D) post-earnings returns, measured from the last close before each release: - There are 19 earnings releases in the last five years, with 8 positive and 11 negative one-day (1D) returns. Positive 1D returns were seen 42% of the time. - Over the last three years that share rises to 45%, across 11 releases. - The median of the 8 positive 1D returns is 3.4%, and the median of the 11 negative ones is -2.1%. - The largest one-day reactions were 11.0% and -4.7%. The table below shows the 1D, 5-day (5D) and 21-day (21D) returns after each release, followed by summary statistics. Earnings Date | 1D | 5D | 21D 7/24/2026 | 11.0% | 3.6% | 14.1% 4/24/2026 | 2.6% | 3.9% | 4.6% 1/23/2026 | -0.3% | -1.8% | 4.5% 10/17/2025 | -0.9% | 9.4% | 12.2% 7/18/2025 | -3.9% | 1.6% | -4.8% 4/25/2025 | -1.2% | -3.4% | -3.6% 1/17/2025 | 6.1% | 2.8% | 4.5% 10/18/2024 | -4.7% | -6.2% | -1.8% 7/19/2024 | 1.9% | -1.0% | -8.1% 4/19/2024 | -2.1% | -2.9% | -4.6% 1/19/2024 | 2.2% | 8.1% | 0.6% 10/20/2023 | -2.9% | -6.8% | -11.9% 7/21/2023 | -2.2% | -0.4% | 1.3% 4/21/2023 | -4.2% | -7.7% | -12.9% 1/20/2023 | -0.1% | 0.2% | -6.6% 10/21/2022 | 10.3% | 13.1% | 17.0% 7/22/2022 | 4.3% | 6.2% | 10.4% 4/22/2022 | 2.5% | -1.3% | 1.2% 1/21/2022 | -1.9% | 4.9% | 8.9% Statistic | 1D | 5D | 21D # Positive | 8 | 10 | 11 # Negative | 11 | 9 | 8 Median Positive | 3.4% | 4.4% | 4.6% Median Negative | -2.1% | -2.9% | -5.7% Max Positive | 11.0% | 13.1% | 17.0% Max Negative | -4.7% | -7.7% | -12.9% Correlation Between 1D, 5D, And 21D Post-Earnings Returns Another approach is to wait for the initial reaction and see whether it continues. The table below shows the correlation between the 1D return and the return over the following 5 and 21 trading days, and between the 5D return and the following 21 trading days. A value near 1 means the first move has tended to continue; near -1, to reverse; near 0, no consistent pattern. None of the five-year correlations are strong enough to trade on: all are below 0.40 in absolute terms. Over three years, the 1D vs next 5D figure is -0.48, a modest tendency to reverse, but that rests on only 11 releases. So the early post-earnings move has not reliably predicted what followed. History | 1D vs next 5D | 1D vs next 21D | 5D vs next 21D 5 Years | -0.26 | 0.19 | 0.05 3 Years | -0.48 | -0.09 | -0.12 An earnings release can move one stock sharply in either direction. A diversified portfolio spreads that risk. The Trefis High Quality (HQ) Portfolio holds about 30 quality businesses, re-balanced with rules, and has a track record of outperforming a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000.

Expand Energy Corporation EXE is set to release third-quarter 2026 results on Oct. 27. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of $1.28 per share on revenues of $2.1 billion. Let's delve into the factors that might have influenced the exploration and production firm's performance in the September quarter. But it's worth taking a look at HAL's previous-quarter performance first. In the last reported quarter, this U.S.-based natural gas producer beat the consensus mark, reflecting strong production and lower operating expenses. Expand Energy reported adjusted earnings per share of $1.33, beating the Zacks Consensus Estimate by 9%. Revenues of $1.8 billion, however, missed the Zacks Consensus of $2 billion due to lower realized prices. EXE beat the Zacks Consensus Estimate in each of the last four quarters. This is depicted in the graph below: Expand Energy Corporation price-eps-surprise | Expand Energy Corporation Quote The Zacks Consensus Estimate for the third-quarter bottom line has been revised 3% downward over the past seven days. The estimated figure indicates a 32% improvement year over year. The Zacks Consensus Estimate for revenues suggests an 11.4% increase from the year-ago period. Expand Energy's substantial natural gas production capacity is likely to have supported its third-quarter performance. The Zacks Consensus Estimate for average daily natural gas production is pegged at 6,870 million cubic feet (MMcf), indicating approximately 2.2% growth from 6,721 MMcf in the year-ago quarter. Strong well productivity in Southwest Appalachia, alongside optimized completions in Haynesville, could have supported volumes. Expand Energy's ongoing efforts to improve drilling efficiency and lower development costs could have favorably influenced third-quarter earnings. During the second quarter, Southwest Appalachia achieved a record Marcellus drilling efficiency of 2,724 feet per day, approximately 33% above the third-quarter 2025 level. Development costs also declined around 14% from 2024 levels to roughly $730 per foot in 2026. Meanwhile, enhanced Haynesville completions demonstrated 5-10% improvements in six-month cumulative well production. The continuation of these efficiencies into the September quarter could have lowered unit development costs, supported margins and strengthened cash generation. On a somewhat bearish note, weaker natural gas realizations could have pressured Expand Energy's third-quarter 2026 revenues and profitability, partly offsetting the benefits of sustained production. The Zacks Consensus Estimate for the average natural gas sales price is $2.56 per thousand cubic feet (Mcf), representing a roughly 8.9% decline from the year-ago quarter's reported $2.81 and a 3% decrease from the second-quarter 2026 consensus mark of $2.64. Given the company's significant exposure to natural gas production, weaker realized pricing could have reduced revenue per unit sold and compressed operating margins, although hedging and marketing activities might have provided some protection. The proven Zacks model does not conclusively predict an earnings beat for Expand Energy for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of beating estimates. That's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is -0.08%. Zacks Rank: EXE currently carries a Zacks Rank #3. While an earnings beat looks uncertain for Expand Energy, here are some energyfirms that you may want to consider on the basis of our model: PBF Energy PBF: It has an Earnings ESP of +0.34% and a Zacks Rank #1.PBF Energy is scheduled to release earnings on Oct. 29. You can see the complete list of today's Zacks #1 Rank stocks here. PBF Energy beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, with the average being 123.4%. Valued at more than $9.8 billion, it has surged 176.6% over the past year. TechnipFMC plc FTI: It has an Earnings ESP of +2.67% and a Zacks Rank #2.TechnipFMC is scheduled to release earnings on Oct. 29. For 2026, TechnipFMC has a projected earnings growth rate of 30.6%. Valued at around $27 billion, it has gained 86.7% in a year. Chevon CVX: It has an Earnings ESP of +2.69% and a Zacks Rank #1.Chevron is scheduled to release earnings on Oct. 30. Chevron beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average being 18.7%. Valued at nearly $446 billion, it has gone up 45.8% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Expand Energy Corporation (EXE) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report TechnipFMC plc (FTI) : Free Stock Analysis Report PBF Energy Inc. (PBF) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider FMC Technologies (FTI). This company, which is in the Zacks Oil and Gas - Field Services industry, shows potential for another earnings beat. This provider of equipment and services to energy companies has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.02%. For the last reported quarter, FMC Technologies came out with earnings of $0.91 per share versus the Zacks Consensus Estimate of $0.8 per share, representing a surprise of 13.75%. For the previous quarter, the company was expected to post earnings of $0.57 per share and it actually produced earnings of $0.64 per share, delivering a surprise of 12.28%. Thanks in part to this history, there has been a favorable change in earnings estimates for FMC Technologies lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. FMC Technologies currently has an Earnings ESP of +2.67%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on October 29, 2026. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TechnipFMC plc (FTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Halliburton Company HAL is set to release third-quarter 2026 results on Oct. 20. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 58 cents per share on revenues of $5.6 billion. Let's delve into the factors that might have influenced the oilfield service firm's performance in the September quarter. But it's worth taking a look at HAL's previous-quarter performance first. In the last reported quarter, this Houston, TX-based provider of technical products and services to drillers of oil and gas wells beat the consensus mark, reflecting strong international operations. Halliburton reported adjusted net income per share of 55 cents, outperforming the Zacks Consensus Estimate by a penny. Revenues of $5.7 billion beat the Zacks Consensus of $5.5 billion. HAL beat the Zacks Consensus Estimate in each of the last four quarters. This is depicted in the graph below: Halliburton Company price-eps-surprise | Halliburton Company Quote The Zacks Consensus Estimate for the third-quarter bottom line has remained unchanged over the past seven days. The estimated figure indicates no change year over year. The Zacks Consensus Estimate for revenues, meanwhile, suggests a marginal 0.1% decrease from the year-ago period. Halliburton's Drilling and Evaluation segment likely benefited from a favorable business mix and increased software sales during the third quarter of 2026. Management anticipated a sequential margin improvement of 25-75 basis points, supported by a seasonal recovery in higher-margin software revenues. Growing adoption of LOGIX drilling automation and the integration of Sekal technology may have strengthened service efficiency and customer demand. Additionally, more than 30 rig additions in North America likely supported drilling activity. However, management projected a 3-5% sequential revenue decline, reflecting reduced drilling fluids and testing activity across certain markets. Halliburton's Completion and Production segment likely gained from improving hydraulic fracturing demand, better pricing and higher equipment utilization across North America during the third quarter. Management expected segment operating margins to increase 125-175 basis points sequentially, supported by stronger land fracturing profitability, artificial lift activity and recovering completion-tool deliveries in the Gulf of America. Limited availability of electric fracturing equipment may have strengthened pricing power. According to the Zacks Consensus Estimate, the company's third-quarter Completion and Production operating income will be $516 million, slightly higher than the year-ago period. On a somewhat bearish note, Halliburton's third-quarter earnings may have faced pressure from continued geopolitical uncertainty in the Middle East, which disrupted oilfield operations and delayed activity normalization. Management indicated that regional operations remained below pre-conflict levels, particularly offshore, while customers continued evaluating project restarts amid security concerns. Additionally, equipment mobilization expenses associated with international contract wins may have weighed on profitability. The company's third-quarter outlook assumed broadly stable Middle East activity without a full recovery. Higher expected interest expenses of approximately $5 million and SAP migration costs of about $45 million may have constrained earnings even further. The proven Zacks model does not conclusively predict an earnings beat for Halliburton for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of beating estimates. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is -0.38%. Zacks Rank: HAL currently carries a Zacks Rank #3. While an earnings beat looks uncertain for Halliburton, here are some energy firms that you may want to consider on the basis of our model: Core Laboratories CLB: It has an Earnings ESP of +3.03% and a Zacks Rank #3.Core Laboratories is scheduled to release earnings on Oct. 28. Core Laboratories beat the Zacks Consensus Estimate for earnings in three of the last four quarters and met in the other, with the average being 14.6%. Valued at more than $465 million, it has lost 17.6% over the past year. TechnipFMC plc FTI: It has an Earnings ESP of +2.67% and a Zacks Rank #1.TechnipFMC is scheduled to release earnings on Oct. 29. You can see the complete list of today's Zacks #1 Rank stocks here. For 2026, TechnipFMC has a projected earnings growth rate of 30.6%. Valued at around $27.7 billion, it has gained 95.4% in a year. Chevon CVX: It has an Earnings ESP of +4.51% and a Zacks Rank #1.Chevron is scheduled to release earnings on Oct. 30. Chevron beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average being 18.7%. Valued at around $430.2 billion, it has gone up 46% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Halliburton Company (HAL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report Core Laboratories Inc. (CLB) : Free Stock Analysis Report TechnipFMC plc (FTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the oilfield services industry, including TechnipFMC (NYSE:FTI) and its peers. Oilfield services companies provide equipment, technology, and services enabling exploration and production activities, including drilling, completion, well intervention, and reservoir evaluation. Their fortunes closely track upstream capital spending cycles. Tailwinds include increased drilling activity during favorable commodity environments, demand for efficiency-enhancing technologies, and growing offshore and unconventional resource development. Headwinds include significant revenue volatility tied to oil and gas price swings and producer spending discipline. Intense competition pressures pricing and margins, while the energy transition may structurally reduce long-term demand. Workforce availability and technological disruption require continuous adaptation. The 25 oilfield services stocks we track reported a very strong Q2. As a group, revenues beat analysts’ consensus estimates by 4.6%. Thankfully, share prices of the companies have been resilient as they are up 5.9% on average since the latest earnings results. Operating a fleet of 16 specialized vessels that install equipment on the seafloor, TechnipFMC (NYSE:FTI) designs and manufactures subsea systems that control the flow of oil and natural gas from the ocean floor to processing facilities. TechnipFMC reported revenues of $2.76 billion, up 9% year on year. This print exceeded analysts’ expectations by 3.5%. Overall, it was a very strong quarter for the company with a beat of analysts’ EPS estimates and a decent beat of analysts’ EBITDA estimates. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $72.15. Is now the time to buy TechnipFMC? Access our full analysis of the earnings results here, it’s free. Managing over 24 billion barrels of produced water annually across major U.S. shale plays, Select Water Solutions (NYSE:WTTR) provides water sourcing, recycling, disposal, and treatment services for oil and gas producers. Select Water Solutions reported revenues of $395.8 million, up 8.7% year on year, outperforming analysts’ expectations by 5.7%. The business had an incredible quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates. The market seems happy with the results as the stock is up 12.4% since reporting. It currently trades at $20.79. Is now the time to buy Select Water Solutions? Access our full analysis of the earnings results here, it’s free. Operating exclusively in the Permian Basin—one of America's most prolific oil-producing regions—ProPetro (NYSE:PUMP) provides hydraulic fracturing services that pump high-pressure fluid and sand into oil wells to release trapped hydrocarbons. ProPetro reported revenues of $305.8 million, down 6.2% year on year, falling short of analysts’ expectations by 1.6%. It was a disappointing quarter as it posted a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates. Interestingly, the stock is up 1.3% since the results and currently trades at $10.80. Read our full analysis of ProPetro’s results here. Operating primarily in the Permian Basin with 10 hydraulic fracturing fleets, RPC (NYSE:RES) provides specialized services and equipment like hydraulic fracturing, coiled tubing, and cementing to help oil and gas companies complete and maintain wells. RPC reported revenues of $460.9 million, up 9.5% year on year. This print topped analysts’ expectations by 1.1%. It was a stunning quarter as it also produced a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates. The stock is up 14.4% since reporting and currently trades at $5.86. Read our full, actionable report on RPC here, it’s free. Operating the world's largest fleet of offshore drilling rigs across six continents, Valaris (NYSE:VAL) provides offshore drilling rigs and crews to oil and gas companies exploring and producing in deep waters and shallow seas. Valaris reported revenues of $539.2 million, down 12.4% year on year. This number surpassed analysts’ expectations by 8%. Overall, it was an incredible quarter as it also logged a beat of analysts’ EPS estimates. The stock is up 11.7% since reporting and currently trades at $85.99. Read our full, actionable report on Valaris here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

It has been about a month since the last earnings report for Archrock Inc. (AROC). Shares have lost about 4.8% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Archrock Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Archrock Misses Q2 Earnings & Revenue Estimates on AMS Weakness Archrock reported second-quarter 2026 adjusted earnings of 38 cents per share, down 2.6% from 39 cents per share a year earlier. The bottom line missed the Zacks Consensus Estimate of 46 cents by 17.4%. Revenues of $371.2 million declined 3.1% from $383.2 million a year ago. The top line missed the consensus mark of $390.4 million by 4.9%. The weak quarterly results were primarily due to softness in aftermarket services (AMS), which offset solid contract operations performance. Period-end horsepower utilization remained high at 94.4%, while contract operations adjusted gross margin percentage improved from the year-ago period. AROC's Contract Operations Remain Resilient Contract operations revenues rose 3.4% to $329.3 million from $318.3 million. The increase reflected higher rates, an additional month of contribution from the NGCS acquisition and revenues from horsepower additions, partly offset by active horsepower sales used to high-grade the fleet. Contract operations adjusted gross margin increased 5.6% to $234.6 million, while the adjusted gross margin percentage rose to 71% from 70%. Total operating horsepower ended the quarter at 4.5 million compared with 4.7 million a year earlier, with the decline largely driven by the sale of approximately 165,000 non-strategic operating horsepower. Archrock's Aftermarket Services Lose Momentum Aftermarket services revenues fell 35.2% to $42 million from $64.8 million in the second quarter of 2025. The decline was due to lower parts sales, the absence of non-recurring overhauled-engine sales that benefited the prior-year quarter and reduced demand for major maintenance activity. The adjusted gross margin for the segment declined 33.6% to $9.9 million from $14.9 million. However, the adjusted gross margin percentage improved to 24% from 23%, reflecting disciplined execution and a focus on higher-quality, higher-margin work. AROC's Margin Gains Offset Some Cost Pressure Total adjusted gross margin increased to $244.5 million from $237.1 million a year ago. The adjusted gross margin percentage expanded to 66% from 62%, helped by the stronger profitability of contract operations and the improved margin rate in aftermarket services. Selling, general and administrative expenses rose 9.4% to $39.6 million from $36.2 million. Higher long-term incentive compensation, primarily driven by the stock price increase, was a key factor. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) remained flat at $212.6 million compared with $212.7 million in the prior-year quarter. Archrock Generates Solid Cash Flow Net cash provided by operating activities was $160.8 million in the quarter. The adjusted free cash flow totaled $67 million, while adjusted free cash flow after dividends was $28.4 million. The total capital expenditure was $98 million. AROC Raises Dividend The board raised the quarterly dividend by around 10% to 23 cents per share from 21 cents a year earlier. Dividend coverage was 3.1X, supporting the company's continued emphasis on shareholder returns alongside growth investment. Archrock Maintains Balance Sheet Flexibility As of June 30, 2026, AROC’s long-term debt was $2.35 billion, while the leverage ratio improved to 2.6X from 3.3X a year ago. Available liquidity totaled $631 million at the quarter-end. During the quarter, Archrock redeemed $800 million of 6.25% senior notes due 2028 using borrowings under its revolving credit facility. The company ended June with $113.2 million in remaining share repurchase authorization and did not repurchase shares during the quarter. AROC Tightens 2026 EBITDA Guidance Archrock tightened its 2026 adjusted EBITDA guidance to $865-$885 million from $865-$915 million. The revision reflects higher contract compression make-ready costs, anticipated second-half lube oil cost pressure, softer aftermarket services demand and higher selling, general and administrative costs tied to long-term incentive compensation. The company maintained 2026 growth capital spending guidance of $250-$275 million and expects the total capital expenditure to be between $400 million and $445 million. Archrock introduced cumulative growth capital guidance of $1.4 to $1.6 billion for 2027 to 2030, aimed at adding 1 million horsepower to meet expected demand. The company signed an eight-year agreement with a strategic customer covering approximately 665,000 horsepower, with a two-year extension option. Since the earnings release, investors have witnessed a downward trend in estimates review. The consensus estimate has shifted -9.93% due to these changes. At this time, Archrock Inc. has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Archrock Inc. has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months. Archrock Inc. is part of the Zacks Oil and Gas - Field Services industry. Over the past month, FMC Technologies (FTI), a stock from the same industry, has gained 15%. The company reported its results for the quarter ended June 2026 more than a month ago. FMC Technologies reported revenues of $2.76 billion in the last reported quarter, representing a year-over-year change of +9%. EPS of $0.91 for the same period compares with $0.68 a year ago. For the current quarter, FMC Technologies is expected to post earnings of $0.89 per share, indicating a change of +18.7% from the year-ago quarter. The Zacks Consensus Estimate has changed +4.3% over the last 30 days. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for FMC Technologies. Also, the stock has a VGM Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Archrock, Inc. (AROC) : Free Stock Analysis Report TechnipFMC plc (FTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TechnipFMC reported past second-quarter 2026 results showing revenue of US$2,763.1 million and net income of US$362.7 million, alongside reaffirmed full-year Subsea and Surface Technologies revenue guidance. The company coupled this earnings strength with ongoing capital returns, completing a multi-year buyback totaling US$2.31 billion and maintaining a quarterly dividend of US$0.05 per share. Next, we’ll examine how the reaffirmed 2026 guidance and substantial completed buyback program affect TechnipFMC’s existing investment narrative. Capitalize on the AI infrastructure supercycle with our selection of the 55 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. To own TechnipFMC, you need to believe that its Subsea-led offshore portfolio can keep generating healthy projects and cash returns despite energy transition and geopolitical uncertainty. The latest quarter supports that view in the near term, with higher revenue and net income and no major change to the central short term catalyst, which remains execution on the Subsea backlog; the biggest risk still lies in potential disruption or slowdown in key international projects rather than this specific earnings print. Among the recent announcements, the completion of the US$2,307.86 million buyback program stands out. Retiring about 17.82% of shares since 2022 amplifies the impact of any future earnings on a per share basis and pairs with the reaffirmed 2026 Subsea and Surface Technologies revenue guidance to reinforce the current investment case around backlog delivery, margin quality, and disciplined capital returns. Yet against this solid update, the company’s heavy exposure to long duration offshore oil and gas contracts remains something investors should be aware of, especially as... Read the full narrative on TechnipFMC (it's free!) TechnipFMC's narrative projects $12.1 billion revenue and $1.4 billion earnings by 2029. This requires 5.9% yearly revenue growth and about a $0.3 billion earnings increase from $1.1 billion today. Uncover how TechnipFMC's forecasts yield a $76.00 fair value, a 10% upside to its current price. Some of the most optimistic analysts were already assuming revenue could reach about US$13.7 billion and earnings US$1.7 billion, so this guidance reaffirmation may either strengthen or challenge that upbeat view, depending on how you interpret the same project concentration risk you just read about. Explore 5 other fair value estimates on TechnipFMC - why the stock might be worth as much as 60% more than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your TechnipFMC research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision. Our free TechnipFMC research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate TechnipFMC's overall financial health at a glance. Early movers are already taking notice. See the stocks they're targeting before they've flown the coop: We've uncovered the 7 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Find 53 companies with promising cash flow potential yet trading below their fair value. The future of work is here. Discover the 36 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include FTI. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

TechnipFMC plc FTI delivered a second-quarter beat as higher Subsea activity lifted earnings, margins and cash generation. The central question is whether this performance can support a stronger finish to 2026 rather than mark a difficult-to-repeat peak. Management’s outlook points to continued strength, but weaker Surface Technologies activity and uneven order trends keep the investment case balanced. Adjusted earnings were 91 cents per share, above the Zacks Consensus Estimate of 80 cents. Revenues of $2.8 billion also topped the consensus mark of $2.7 billion. Revenues increased 9% year over year, while adjusted EBITDA rose 11.7% to $581.9 million. The quarter also produced $548 million of operating cash flow and $487.9 million of free cash flow, giving FTI more support for shareholder distributions and balance-sheet flexibility. Subsea adjusted EBITDA increased 19.5% year over year to $577.2 million. The segment’s adjusted EBITDA margin expanded 140 basis points to 23.2%, compared with 21.8% a year earlier. Image Source: TechnipFMC plc Higher project activity, particularly integrated engineering, procurement, construction and installation work in the North Sea and Mediterranean, supported the gain. Strong execution also helped convert the 12.2% increase in Subsea revenues into faster EBITDA growth. TechnipFMC reaffirmed its 2026 Subsea revenue guidance of $9.2-$9.6 billion and adjusted EBITDA margin outlook of 21-22%. Management now expects both measures to finish near the upper end of their respective ranges. The company also sees full-year free cash flow tracking toward $1.45 billion, the high end of its $1.3-$1.45 billion guidance. That outlook suggests the second-quarter margin and cash performance can carry into the balance of 2026, although execution must remain firm. Subsea inbound orders totaled $2.5 billion, while segment backlog remained nearly unchanged year over year at $15.8 billion. Total company inbound orders, however, declined 3.7% to $2.7 billion, and consolidated backlog fell 1.2%. Management expects about $10 billion of Subsea inbound in 2026 and a step-up in 2027 as larger greenfield projects return. The opportunity list exceeded $30 billion, but delayed customer investment decisions remain a conversion risk. SLB SLB, through OneSubsea, continues to expand its subsea technology platform. Baker Hughes BKR is also investing in offshore production capabilities, underscoring the competitive intensity around future awards. Surface Technologies revenues fell 13.3% year over year to $276.2 million. Inbound orders declined 21%, while backlog dropped 27.4% to $606.8 million. Image Source: TechnipFMC plc Adjusted EBITDA margin still improved 170 basis points to 18.1%, reflecting execution discipline despite weaker activity in the Middle East and North America. The segment’s shrinking revenue and order base, however, remains a drag on consolidated growth. TechnipFMC’s Subsea momentum, upper-end guidance expectations and cash generation support a constructive 2026 earnings setup. The durability of that improvement depends on project execution, timely order conversion and the ability to contain weakness in Surface Technologies. FTI currently carries a Zacks Rank #3 (Hold), with a Growth Score of A, Momentum Score of B and Value Score of C. The Growth and Momentum Scores recognize favorable earnings and price-related characteristics, while the Value Score points to a less attractive valuation profile. Combined with the Hold rank, the scores support a measured view rather than a clear near-term buying signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TechnipFMC plc (FTI) : Free Stock Analysis Report SLB Limited (SLB) : Free Stock Analysis Report Baker Hughes Company (BKR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TechnipFMC plc FTI reported second-quarter 2026 adjusted earnings of 91 cents per share, which beat the Zacks Consensus Estimate of 80 cents. The bottom line also increased sharply from the year-ago quarter’s reported earnings of 68 cents. The outperformance was driven by strong operational execution, particularly in the Subsea segment, along with improved margins. Houston, TX-based oil and gas equipment and services company’s quarterly revenues of $2.8 billion beat the Zacks Consensus Estimate of $2.7 billion. The top line also increased about 9% compared with the year-ago quarter's reported figure of $2.5 billion, driven by higher revenue contributions from the Subsea segment. TechnipFMC plc price-consensus-eps-surprise-chart | TechnipFMC plc Quote On July 28, FTI’s board of directors declared a quarterly cash dividend of 5 cents per share to its common shareholders of record as of Aug. 18, 2026. The payout, unchanged from the previous quarter, will be made on Sept. 2. During the quarter, the company bought back 5.9 million ordinary shares at a cost of $420.1 million. When combined with dividend payments of $19.8 million, total distributions to shareholders amounted to $439.9 million. TechnipFMC reported total company adjusted EBITDA of $581.9 million, up 11.7% year over year. Adjusted EBITDA margin expanded 60 basis points to 21.1%. Excluding a foreign exchange loss of $19.3 million, adjusted EBITDA came in at $601.2 million, with a margin of 21.8%. Total company inbound orders were $2.7 billion, down 3.7% year over year. Additionally, the reported figure missed the Zacks Consensus Estimate by $5.6 million. Backlog at the end of the quarter was $16.4 billion, down 1.2% from the prior-year period. Moreover, the reported figure missed the Zacks Consensus Estimate by $151 million. Subsea: Revenues from this segment totaled $2.5 billion, up 12.2% from the year-ago quarter’s level of $2.2 billion. The increase was aided by increased project activity, particularly iEPCI projects in the North Sea and the Mediterranean. Moreover, the reported figure beat the Zacks Consensus Estimate by 4.3%. Subsea adjusted EBITDA was $577.2 million, up 19.5% from the year-ago quarter’s $482.9 million. The reported figure also beat the Zacks Consensus Estimate by 5.6%. Adjusted EBITDA margin expanded to 23.2% from 21.8% a year earlier. The segment’s inbound orders were $2.5 billion, down 1.8% year over year, while backlog rose 0.1% to $15.8 billion. Surface Technologies: Revenues from this unit totaled $276.2 million, down 13.3% year over year from $318.4 million. The decline was mainly the result of reduced activity in the Middle East due to the ongoing conflict and lower activity in North America. However, the reported figure missed the Zacks Consensus Estimate by 3%. Surface Technologies' adjusted EBITDA was $50 million, down 4.4% from the year-ago quarter’s $52.3 million. However, the reported figure beat the Zacks Consensus Estimate by 4.4%. Adjusted EBITDA margin improved to 18.1% from 16.4%. Inbound orders were $219.5 million, down 21% year over year, while backlog declined 27.4% to $606.8 million. TechnipFMC reported $2.3 billion in costs and expenses, up 6.2% from the year-ago quarter’s $2.1 billion. The company generated $548 million in cash flow from operating activities in the quarter. Capital expenditures totaled $60.1 million, resulting in free cash flow of $487.9 million. As of June 30, 2026, TechnipFMC had cash and cash equivalents of $991.8 million and long-term debt of $286.6 million, with a debt-to-capitalization of 8%. TechnipFMC reaffirmed its full-year 2026 guidance, originally issued on Feb. 19, 2026. For the Subsea segment, the company expects revenues in the range of $9.2-$9.6 billion, with an adjusted EBITDA margin of 21-22%. For Surface Technologies, revenues are projected in the band of $1.15-$1.3 billion, with an adjusted EBITDA margin of 16.5-18%. This Zacks Rank #3 (Hold) company also expects a net corporate expense of $115-$125 million, a net interest expense of $10-$20 million, an effective tax rate of 27-31%, capital expenditures of approximately $340 million and free cash flow of $1.3-$1.45 billion for 2026. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. While we have discussed FTI’s second-quarter results in detail, let us take a look at three other key reports in this space. Halliburton Company HAL reported second-quarter 2026 adjusted net income per share of 55 cents, marginally beating the Zacks Consensus Estimate of 54 cents. The outperformance was backed by year-over-year revenue growth. However, the bottom line was flat compared with the prior-year level. Meanwhile, HAL’s second-quarter revenues of $5.7 billion were up 3.7% year over year and beat the Zacks Consensus Estimate of $5.5 billion. The outperformance was driven by higher revenues in both segments of the company — the Completion and Production segment and the Drilling and Evaluation segment. Halliburton reported second-quarter capital expenditure of $235 million. As of June 30, 2026, the company had approximately $2 billion in cash/cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization of 39%. Liberty Energy Inc. LBRT reported a second-quarter 2026 adjusted net profit of 9 cents per share, beating the Zacks Consensus Estimate of 7 cents. The outperformance was driven by the company’s focus on AI-driven technology advancements and strong operational execution. However, the bottom line decreased from the year-ago quarter’s profit of 12 cents due to increased year-over-year costs and expenses. LBRT's revenues totaled $1.2 billion, which beat the Zacks Consensus Estimate of $1.1 billion. The top line also increased from the prior-year quarter’s $1 billion by 14%, supported by record utilization and a modest pricing uplift along with higher product sales. As of June 30, Liberty Energy had approximately $555.4 million in cash and cash equivalents. The pressure pumper’s long-term debt of $1.3 billion represented a debt-to-capitalization of 39.5%. Houston, TX-based oil and gas storage and transportation company Kinder Morgan Inc. KMI reported second-quarter 2026 adjusted earnings of 37 cents per share, beating the Zacks Consensus Estimate of 31 cents by 19.35%. Earnings increased 32.1% from 28 cents in the year-ago quarter. KMI’s revenues increased 10.8% year over year to $4.48 billion from the prior year’s figure of $4.04 billion. Revenues surpassed the consensus estimate of $4.29 billion by 4.43%. Cash flow from operations was $1.96 billion in the quarter. Meanwhile, free cash flow was $978 million and free cash flow after dividends reached $313 million. As of June 30, 2026, KMI reported $89 million in cash and cash equivalents. Net debt stood at $32.03 billion at quarter-end. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TechnipFMC plc (FTI) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report Kinder Morgan, Inc. (KMI) : Free Stock Analysis Report Liberty Energy Inc. (LBRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in TechnipFMC plc? Here are five stocks we like better. TechnipFMC delivered strong Q2 results: Revenue reached $2.8 billion and adjusted EBITDA was $601 million, while free cash flow totaled $488 million. The company raised its full-year adjusted EBITDA outlook to approximately $2.19 billion and expects free cash flow near the high end of guidance at $1.45 billion. Subsea was the key growth driver: Revenue rose 13% sequentially to $2.5 billion, adjusted EBITDA increased 31% to $577 million, and the margin expanded to 23.2%. Subsea orders totaled $2.5 billion, with management expecting $10 billion in inbound orders for 2026 and stronger growth from larger greenfield projects in 2027. Shareholder returns remained substantial: TechnipFMC returned $440 million to shareholders in the quarter through $420 million in buybacks and $20 million in dividends, bringing first-half returns to $725 million, or 95% of free cash flow. Surface Technologies revenue declined 3% sequentially, but its margin improved to 18.1%. Big Buybacks Announced: 3 Stocks Insiders Are Banking On TechnipFMC (NYSE:FTI) reported second-quarter 2026 revenue of $2.8 billion and adjusted EBITDA of $601 million excluding a $19 million foreign-exchange loss, as strong Subsea project execution lifted margins and free cash flow. Chief Executive Officer Doug Pferdehirt said the company generated $488 million of free cash flow during the quarter and returned $440 million to shareholders through $420 million in share repurchases and $20 million in dividends. TechnipFMC said it returned $725 million to shareholders during the first six months of 2026, representing 95% of free cash flow. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now 3 Stocks For the Resurgent Energy Rally “The strong financial performance in the period clearly demonstrates the solid momentum in our execution,” Pferdehirt said. The company raised its full-year expectation for total company adjusted EBITDA to approximately $2.19 billion, excluding foreign exchange impacts, and said free cash flow is tracking toward $1.45 billion, the high end of its guidance range. Inbound orders totaled $2.7 billion in the second quarter, including $2.5 billion in Subsea orders. The company reported a Subsea book-to-bill ratio above one during the quarter and said it sees a strengthening order trend in the second half of the year, supporting its expectation for $10 billion in Subsea inbound orders for 2026. → Microsoft Just Flipped the AI Spending Narrative Overnight 3 Oil & Gas Gear Makers With Triple-Digit EPS Growth Forecasts Subsea revenue rose 13% sequentially to $2.5 billion, driven by increased project activity, especially on EPCI projects in the North Sea and Mediterranean. Higher activity was partly offset by lower activity in Africa and the U.S. Gulf. Subsea adjusted EBITDA increased 31% from the first quarter to $577 million, while the segment’s adjusted EBITDA margin improved to 23.2%. Pferdehirt said clients are increasingly pursuing brownfield, tieback and marginal-field developments through portfolio-level approaches, using existing host infrastructure and standardized solutions to shorten development cycles. He cited recent iEPCI awards from Vår Energi for the Ofelia and Gjøa Nord projects in the North Sea, where TechnipFMC expects to help deliver first oil within two years, as well as an Equinor award for a portfolio of subsea tiebacks. → Carrier Earnings Could Send the Stock to a New All-Time High The company said its Subsea opportunities list reached another record level. Pferdehirt said 2026 activity is expected to include more smaller, short-cycle brownfield and tieback projects, while 2027 is expected to bring an inflection toward larger greenfield developments. TechnipFMC reiterated expectations for a step-up in Subsea inbound orders in 2027 that it said should extend through the end of the decade. While management expects larger greenfield projects to return in 2027, Pferdehirt said investors should not infer that direct awards will decline. He said approximately 80% of the company’s business is directly awarded, with the remaining 20% subject to competitive tendering. TechnipFMC said it signed an integrated global collaboration agreement with a longstanding customer during the quarter. The agreement brings the company into project development discussions up to a year earlier than traditional contracting processes, before key subsea architecture and investment decisions are made. Pferdehirt said earlier involvement can help customers accelerate the time to final investment decision and shorten time to first oil, while providing TechnipFMC greater visibility and, in some cases, opportunities for direct awards. The company also discussed its efforts to expand industrialization beyond its existing Subsea 2.0 equipment platform. Pferdehirt referred to the next stage as “iEPCI 2.0,” encompassing equipment on the seabed, systems in the water column such as umbilicals, risers and flowlines, and installation activities. He said the company is conducting concept selection and experimentation around technologies and processes, but did not provide a timetable for meaningful order or backlog contribution. TechnipFMC said about 80% of new orders now use Subsea 2.0 architecture, while the platform accounts for roughly 50% of revenue. Management said the company’s focus remains on reducing cycle times, improving manufacturing efficiency and raising returns without needing to build or acquire additional assets. Surface Technologies revenue was $276 million, down 3% sequentially. The decline reflected reduced activity in the Middle East due to the ongoing conflict and lower activity in North America, partly offset by stronger international markets. Despite lower revenue, Surface Technologies adjusted EBITDA rose 1% sequentially to $15 million, and its adjusted EBITDA margin increased 70 basis points to 18.1%. The company said its strategy has centered on serving selected customers and geographies where its technology can generate higher returns. For the third quarter, TechnipFMC expects Subsea revenue and adjusted EBITDA margin to be in line with the second quarter. It expects Surface Technologies revenue to rise by a mid- to high-single-digit percentage sequentially, with an adjusted EBITDA margin of approximately 17.5%. For the full year, the company now expects Subsea revenue and adjusted EBITDA margin near the top end of their respective guidance ranges. Surface Technologies revenue is expected near the low end of its range, while the segment’s adjusted EBITDA margin is expected to be just above the midpoint. The company ended the quarter with $992 million in cash and cash equivalents and a net cash position of $590 million. Corporate expense was $26 million in the quarter, net interest expense was $4 million, and tax expense was $114 million. TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company's activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources. Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "TechnipFMC Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.