TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through three segments: Subsea, Onshore/Offshore, and Surface Technologies. The Subsea segment manufactures and designs products and systems; performs engineering, procurement, and project management; and provides services used by oil and gas companies involved in deepwater exploration and production of crude oil and natural gas. The Onshore/Offshore segment designs and builds onshore facilities related to the production, treatment, and transportation of oil and gas; and designs, manufactures, and installs fixed and floating platforms for the production and processing of oil and gas reserves for companies in the oil and gas industry. The Surface Technologies segment designs and manufactures systems, as well as provides services used by oil and gas companies involved in land and offshore exploration and production of crude oil and natural gas. This segment also designs, manufactures, and supplies technologically advanced high pressure valves and fittings for oilfield service companies; and provides flowback and well testing services for exploration companies in the oil and gas industry. The company operates in Russia, the United States, Angola, Norway, Brazil, Australia, the United Kingdom, and internationally. The company was formerly known as Technip SA and changed its name to TechnipFMC plc in January 2017. TechnipFMC plc was founded in 1958 and is headquartered in London, the United Kingdom.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:FTI
Previous Symbol
CUSIP30249U10
Phone44-20-3429-3950
Debt
Debt-to-Equity Ratio0.31
Current Ratio1.33
Quick Ratio1.19
Price-To-Earnings
Trailing P/E Ratio18.63
Forward P/E Ratio18.20
P/E Growth1.88
Sales & Book Value
Annual Sales$15.06 billion
Price / Sales0.74
Cash Flow$2.5321 per share
Price / Cash9.49
Book Value$27.49 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)$1.29
Net Income$113.30 million
Net Margins1.42%
Return on Equity3.76%
Return on Assets1.79%
Miscellaneous
Employees37,000
Outstanding Shares466,590,000
Market Cap$11.56 billion
OptionableOptionable
TechnipFMC (NYSE:FTI) Frequently Asked Questions
What is TechnipFMC's stock symbol?
TechnipFMC trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTI."
How often does TechnipFMC pay dividends? What is the dividend yield for TechnipFMC?
TechnipFMC declared a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Tuesday, November 20th will be paid a dividend of $0.13 per share on Wednesday, December 5th. This represents a $0.52 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Monday, November 19th. View TechnipFMC's Dividend History.
How will TechnipFMC's stock buyback program work?
TechnipFMC declared that its Board of Directors has authorized a stock buyback program on Sunday, June 4th 2017, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 135% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.
How were TechnipFMC's earnings last quarter?
TechnipFMC PLC (NYSE:FTI) announced its quarterly earnings results on Wednesday, October, 24th. The oil and gas company reported $0.31 EPS for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.07. The oil and gas company earned $3.14 billion during the quarter, compared to analysts' expectations of $3.22 billion. TechnipFMC had a net margin of 1.42% and a return on equity of 3.76%. View TechnipFMC's Earnings History.
When is TechnipFMC's next earnings date?
What price target have analysts set for FTI?
24 analysts have issued twelve-month price targets for TechnipFMC's shares. Their forecasts range from $26.00 to $45.00. On average, they expect TechnipFMC's share price to reach $36.2143 in the next year. This suggests a possible upside of 50.7% from the stock's current price. View Analyst Price Targets for TechnipFMC.
What is the consensus analysts' recommendation for TechnipFMC?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 3 sell ratings, 3 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechnipFMC.
Has TechnipFMC been receiving favorable news coverage?
News stories about FTI stock have been trending positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. TechnipFMC earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of TechnipFMC's key competitors?
Some companies that are related to TechnipFMC include National-Oilwell Varco (NOV), Baker Hughes A GE (BHGE), Cactus (WHD), NOW (DNOW), Dril-Quip (DRQ), Oil States International (OIS), Weatherford International (WFT), Forum Energy Technologies (FET), Newpark Resources (NR), Solaris Oilfield Infrastructure (SOI), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR).
Who are TechnipFMC's key executives?
TechnipFMC's management team includes the folowing people:
- Mr. Thierry Pilenko, Exec. Chairman (Age 60)
- Mr. Douglas J. Pferdehirt, CEO & Director (Age 54)
- Ms. Maryann T. Mannen, Exec. VP & CFO (Age 55)
- Ms. Dianne B. Ralston, Exec. VP, Chief Legal Officer & Sec. (Age 51)
- Ms. Krisztina Doroghazi, Sr. VP, Controller & Chief Accounting Officer (Age 46)
Who are TechnipFMC's major shareholders?
TechnipFMC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include First Eagle Investment Management LLC (7.02%), BlackRock Inc. (4.53%), Aviva PLC (1.04%), AXA (0.97%), Thompson Siegel & Walmsley LLC (0.84%) and Dimensional Fund Advisors LP (0.78%). Company insiders that own TechnipFMC stock include Bradley D Beitler, Dianne B Ralston, John C G Oleary, Mark J Scott, Maryann T Mannen, Peter Mellbye, Richard A Pattarozzi and Richard G Alabaster. View Institutional Ownership Trends for TechnipFMC.
Which institutional investors are selling TechnipFMC stock?
FTI stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, JPMorgan Chase & Co., Mitsubishi UFJ Trust & Banking Corp, Jennison Associates LLC, Alliancebernstein L.P., FIL Ltd, Bank of New York Mellon Corp and FMR LLC. Company insiders that have sold TechnipFMC company stock in the last year include Bradley D Beitler, Dianne B Ralston, Richard A Pattarozzi and Richard G Alabaster. View Insider Buying and Selling for TechnipFMC.
Which institutional investors are buying TechnipFMC stock?
FTI stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Russell Investments Group Ltd., Perpetual Ltd, Dimensional Fund Advisors LP, Artemis Investment Management LLP, SG Americas Securities LLC, Viking Fund Management LLC and AXA. View Insider Buying and Selling for TechnipFMC.
How do I buy shares of TechnipFMC?
Shares of FTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TechnipFMC's stock price today?
One share of FTI stock can currently be purchased for approximately $24.03.
How big of a company is TechnipFMC?
TechnipFMC has a market capitalization of $11.56 billion and generates $15.06 billion in revenue each year. The oil and gas company earns $113.30 million in net income (profit) each year or $1.29 on an earnings per share basis. TechnipFMC employs 37,000 workers across the globe.
What is TechnipFMC's official website?
How can I contact TechnipFMC?
TechnipFMC's mailing address is ONE ST. PAUL`S CHURCHYARD, LONDON X0, EC4M 8AP. The oil and gas company can be reached via phone at 44-20-3429-3950 or via email at [email protected]
MarketBeat Community Rating for TechnipFMC (NYSE FTI)
MarketBeat's community ratings are surveys of what our community members think about TechnipFMC and other stocks. Vote "Outperform" if you believe FTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
