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TechnipFMC plc (FTI)

NYSE: FTI · IEX Real-Time Price · USD
6.67 -0.38 (-5.39%)
Sep 20, 2021 4:00 PM EDT - Market closed
Market Cap3.07B
Revenue (ttm)10.06B
Net Income (ttm)158.00M
Shares Out450.70M
EPS (ttm)0.35
PE Ratio19.28
Forward PE51.28
Dividendn/a
Ex-Dividend Daten/a
Volume4,996,281
Open6.81
Previous Close7.05
Day's Range6.58 - 6.87
52-Week Range5.11 - 13.04
Beta2.33
AnalystsBuy
Price Target10.04 (+50.5%)
Est. Earnings DateOct 20, 2021

About FTI

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through two segments, Subsea and Surface Technologies. The Subsea segment designs and manufactures products and systems; performs engineering, procurement, and project management; and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas. The Surface Technologies segment designs and manufactures systems, as well as provides services used by oil and gas companies...

IndustryEnergy Equipment & Services
CEODouglas Pferdehirt
Employees20,000
Stock ExchangeNYSE
Ticker SymbolFTI
Full Company Profile

Financial Performance

In 2020, TechnipFMC's revenue was $13.05 billion, a decrease of -2.67% compared to the previous year's $13.41 billion. Losses were -$3.29 billion, 36.1% more than in 2019.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for TechnipFMC stock is "Buy." The 12-month stock price forecast is 10.04, which is an increase of 50.52% from the latest price.

Price Target
$10.04
(50.52% upside)
Analyst Consensus: Buy

News

FMC Technologies (FTI) Surges 5.8%: Is This an Indication of Further Gains?

FMC Technologies (FTI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase...

4 days ago - Zacks Investment Research

TechnipFMC Announces Early Results in Connection with Its Previously Announced Note Tender Offer; Early Tender Premiu...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (Paris: FTI) (the “Company”) announced today the results as of 5:00 p.m., New York City time, on September 14, 2021 (the “Early Tender Ti...

6 days ago - Business Wire

TechnipFMC (FTI) to Sell Off $17.6M Technip Energies Shares

Following the execution of the transaction, TechnipFMC (FTI) will hold onto a direct interest of 12.3% in Technip Energies' share capital.

2 weeks ago - Zacks Investment Research

TechnipFMC Announces Sale of Stake in Technip Energies N.V.

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (the “Company”) (NYSE:FTI) (PARIS:FTI) announced today the sale of 17.6 million Technip Energies N.V. shares (the “Shares”) through a private sale tr...

2 weeks ago - Business Wire

TechnipFMC to Address Attendees at the Barclays CEO Energy-Power Conference

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) announced today that Doug Pferdehirt, Chairman and Chief Executive Officer, will address attendees on Wednesday, September 8, at...

2 weeks ago - Business Wire

TechnipFMC (FTI), DOF Clinch Major Contracts From Petrobras

TechnipFMC (FTI) and DOF Subsea's Skandi Niteroi will mostly function in shallow water while Skandi Vitoria will operate in both shallow and deep water.

Other symbols:PBR
2 weeks ago - Zacks Investment Research

TechnipFMC and DOF Subsea Awarded Significant Long-term Contracts by Petrobras

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) and its joint venture (JV) partner DOF Subsea (OSE: DOF) have been awarded significant(1) long-term charter and services contrac...

Other symbols:PBR
2 weeks ago - Business Wire

TechnipFMC Commences Tender Offer For Up To $250 Million Principal Amount of Its Outstanding 6.500% Senior Notes due ...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (PARIS: FTI) (the “Company”) announced today that it has commenced a tender offer (the “Tender Offer”) for up to $250 million aggregate p...

2 weeks ago - Business Wire

Why Is FMC Technologies (FTI) Down 15.8% Since Last Earnings Report?

FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

TechnipFMC (FTI) Invests in Marine Minerals for Energy Transition

TechnipFMC (FTI) is developing a patent-pending, autonomous subsea production system, which would position it for potential offshore licensing for seabed minerals on the NCS and elsewhere.

1 month ago - Zacks Investment Research

TechnipFMC Announces Strategic Investment in Loke Marine Minerals to Enable the Energy Transition

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) is joining forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals, drivi...

1 month ago - Business Wire

TechnipFMC (FTI) to Obtain Remaining 49% Shares in TIOS

The acquisition is expected to advance the development of TechnipFMC's (FTI) integrated service model, which focuses on maximizing value to customers.

1 month ago - Zacks Investment Research

TechnipFMC plc Announces the Sale of a ca. 9% Stake in Technip Energies N.V.

LONDON & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (PARIS: FTI): This press release is not an offer of securities for sale into the United States. The securities referred to herein have not b...

1 month ago - Business Wire

TechnipFMC to Acquire Remaining Shares of Joint Venture TIOS

LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) intends to acquire the remaining 49% of shares in TIOS AS, a joint venture between TechnipFMC and Island Offshore ...

1 month ago - Business Wire

TechnipFMC plc to Sell Part of its Stake in Technip Energies N.V.

LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE:FTI) (PARIS:FTI): This press release is not an offer of securities for sale into the United States. The securities referred to he...

1 month ago - Business Wire

TechnipFMC (FTI) Q2 Loss Wider Than Expected, Sales Beat

In the second quarter, TechnipFMC's (FTI) inbound orders surge 123.2% from the year-ago period to $1.6 billion, mirroring a better revenue visibility.

1 month ago - Zacks Investment Research

FMC Technologies (FTI) Reports Q2 Loss, Tops Revenue Estimates

FMC Technologies (FTI) delivered earnings and revenue surprises of -500.00% and 4.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

TechnipFMC Second Quarter 2021 Earnings Call Presentation

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (“TechnipFMC”) (NYSE: FTI) (Paris: FTI) (ISIN: GB00BDSFG982) announces the availability of its Earnings Call Presentation in co...

1 month ago - Business Wire

TechnipFMC Announces Second Quarter 2021 Results

LONDON & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) today reported second quarter 2021 results. Summary Financial Results from Continuing Operations Reconciliatio...

1 month ago - Business Wire

Earnings Preview: TechnipFMC

TechnipFMC (NYSE:FTI) announces its next round of earnings this Wednesday, July 21. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

2 months ago - Benzinga

TechnipFMC (FTI), EDP & Partners to Study Green Hydrogen Output

The alliance among TechnipFMC (FTI), EDP and other research partners for BEHYOND project will improve Portugal-Norway collaboration and boost Portugal's competitive edge in the growing "blue economy".

2 months ago - Zacks Investment Research

10 Stocks to Buy That Will Double in the Second Half of 2021

These 10 stocks to buy have strong free cash flow margins and are trading near the S&P 500's year-to-date return. The post 10 Stocks to Buy That Will Double in the Second Half of 2021 appeared first on ...

2 months ago - InvestorPlace

FMC Technologies (FTI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

FMC Technologies (FTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

TechnipFMC (FTI) Seals EPCI Deal for Jubilee South East Project

TechnipFMC (FTI) considers this venture a route to extend its local content by building a number of subsea structures including production and water injection manifolds carried out in Ghana.

2 months ago - Zacks Investment Research

EDP, TechnipFMC and Partners Join Forces to Develop a Concept Study for Green Hydrogen Production From Offshore Wind ...

LONDON & HOUSTON--(BUSINESS WIRE)--EDP, TechnipFMC (NYSE: FTI) (PARIS: FTI) and other research partners are joining forces to develop a conceptual engineering and economic feasibility study for a new of...

2 months ago - Business Wire