TechnipFMC plc (FTI)

NYSE: FTI · IEX Real-Time Price · USD
19.94
+0.22 (1.12%)
Feb 20, 2024, 4:00 PM EST - Market closed
1.12%
Market Cap 8.68B
Revenue (ttm) 7.44B
Net Income (ttm) -34.10M
Shares Out 435.46M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 21.06
Dividend $0.20 (1.00%)
Ex-Dividend Date Nov 20, 2023
Volume 3,518,434
Open 19.66
Previous Close 19.72
Day's Range 19.48 - 20.02
52-Week Range 12.04 - 22.78
Beta 1.62
Analysts Buy
Price Target 23.35 (+17.1%)
Earnings Date Feb 22, 2024

About FTI

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and flexible pipe; subsea umbilicals, risers, and flowlines;... [Read more]

Sector Energy
CEO Douglas J. Pferdehirt
Employees 23,346
Stock Exchange NYSE
Ticker Symbol FTI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for FTI stock is "Buy." The 12-month stock price forecast is $23.35, which is an increase of 17.10% from the latest price.

Price Target
$23.35
(17.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TechnipFMC Awarded Substantial iEPCI™ Contract for Sparta Project

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for the first integrated Engineering, Procur...

Other symbols: SHEL
5 days ago - Business Wire

TechnipFMC Awarded Significant Subsea Contract by bp in the Gulf of Mexico

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by bp (LON: BP) for its Argos Southwest Extension project in the Mad Dog field. TechnipFMC will ...

5 weeks ago - Business Wire

TechnipFMC Announces Fourth Quarter 2023 Earnings Release and Conference Call

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its fourth quarter 2023 earnings conference call on Thursday, February 22, 2024, at 1:30 p.m. London time (8:30 a.m. New York tim...

5 weeks ago - Business Wire

TechnipFMC Awarded Major iEPCI™ Contract by Petrobras for Mero 3 HISEP® Project

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras to deliver t...

6 weeks ago - Business Wire

One Equity Partners Agrees to Acquire TechnipFMC's Measurement Solutions Business

NEW YORK--(BUSINESS WIRE)-- #acquisition--One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has signed an agreement to acquire TechnipFMC's Measurement Solution...

3 months ago - Business Wire

TechnipFMC Announces Agreement to Sell Measurement Solutions Business

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (the “Company” or “TechnipFMC”) today announced an agreement to sell the Company's Measurement Solutions business to One Equity Partner...

3 months ago - Business Wire

TechnipFMC to Address Attendees at the BofA Securities Global Energy Conference 2023

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, November 14, at 10:30 a.m. CST ...

3 months ago - Business Wire

TechnipFMC Announces Third Quarter 2023 Results

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (the “Company” or “TechnipFMC”) today reported third quarter 2023 results. Summary Financial Results from Continuing Operations Reconci...

4 months ago - Business Wire

TechnipFMC Awarded Flexible Pipe Contract for Woodside Energy's Trion Project

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded(1) a contract to manufacture flexible pipe by Woodside Energy (LON: WDS). The Company will supply infield flowlines and ju...

4 months ago - Business Wire

TechnipFMC Declares Quarterly Dividend

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on Decemb...

4 months ago - Business Wire

3 Stocks For the Resurgent Energy Rally

While two very small stocks, Geospace Technologies Corp. NASDAQ: GEOS and Profire Energy Inc. NASDAQ: PFIE are the industry's price leaders, stocks drawing more institutional investment include S&P 50...

Other symbols: BKRNOV
4 months ago - MarketBeat

TechnipFMC Awarded Flexible Pipe Contract by Petrobras

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil. The Company will ...

5 months ago - Business Wire

TechnipFMC Awarded Large iEPCI™ Contract for Equinor's Rosebank Development

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a large(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Roseba...

5 months ago - Business Wire

U.K. approves development of largest untapped oil field

The U.K. on Wednesday granted approval to what is called the country's largest untapped oil field, a move that sent shares of one of its producers surging and triggered criticism by environmental camp...

Other symbols: EQNR
5 months ago - Market Watch

TechnipFMC Announces Third Quarter 2023 Earnings Release and Conference Call

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its third quarter 2023 earnings conference call on Thursday, October 26, 2023, at 1:30 p.m. London time (8:30 a.m. New York time)...

5 months ago - Business Wire

TechnipFMC to Present at the Barclays CEO Energy-Power Conference

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, September 5, at 12:40 p.m. EDT ...

6 months ago - Business Wire

TechnipFMC Awarded Significant Installation Contract by TotalEnergies for Girassol Life Extension Project

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to install flexible pipe and associated subsea structures for the Girassol Life Extension projec...

6 months ago - Business Wire

Oil & Gas Are Moving In August, Here Are The 3 Industry Favorites

Whether it is the forces of commodity cycles, the changing tides of a world economy, or even straight manipulation from the most prominent players who hear whispers from OPEC's next decision, the only...

Other symbols: BKRCTRGP
6 months ago - MarketBeat

TechnipFMC Receives Significant Award from Azule Energy in Angola

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has received a significant(1) award by Azule Energy to supply flexible pipe for its Ndungu project, offshore Angola. The Ndungu project wil...

7 months ago - Business Wire

TechnipFMC Announces Second Quarter 2023 Results

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (the “Company” or “TechnipFMC”) today reported second quarter 2023 results. Summary Financial Results from Continuing Operations Reconc...

7 months ago - Business Wire

TechnipFMC Announces Initiation of Quarterly Dividend and Additional $400 Million Share Repurchase Authorization

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (“TechnipFMC” or the “Company”) announced that its Board of Directors (the “Board”) has authorized and declared a quarterly cash divide...

7 months ago - Business Wire

TechnipFMC Announces Second Quarter 2023 Earnings Release and Conference Call

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its second quarter 2023 earnings conference call on Thursday, July 27, 2023, at 1:30 p.m. London time (8:30 a.m. New York time). ...

8 months ago - Business Wire

TechnipFMC Awarded Significant iEPCI™ for OMV's Berling Gas Development

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by OMV (Norge) AS f...

8 months ago - Business Wire

TechnipFMC Reaches Resolution of French Parquet National Financier (PNF) Investigation

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Technip UK Limited, a subsidiary of TechnipFMC plc (NYSE:FTI), and Technip Energies France SAS, a subsidiary of Technip Energies NV, have agreed to resolve their ...

8 months ago - Business Wire

TechnipFMC Awarded Significant Subsea Contract by Azule Energy in Angola

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by Azule Energy to supply subsea production systems for the Block 18 Infills development, offsho...

8 months ago - Business Wire