Debt And FinancingMoody's credit upgrade to BBB- opens the door for more attractive financing terms for future debt facilities.
Financial PerformanceManagement raised FY25 FCF expectations by ~16% at the midpoint, pointing to a nearly 60% Y-Y increase despite keeping guidance for revenues, margins, and capital expenditures unchanged.
Order BacklogFTI continues to grow its backlog with orders from established and up-and-coming basins alike, providing strong cash flow visibility.