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
SymbolNYSE:FTI
CUSIP30249U10
Phone44-20-3429-3950
Debt
Debt-to-Equity Ratio0.29
Current Ratio1.29
Quick Ratio1.17
Price-To-Earnings
Trailing P/E Ratio21.63
Forward P/E Ratio20.07
P/E Growth2.24
Sales & Book Value
Annual Sales$15.06 billion
Price / Sales0.86
Cash Flow$2.4282 per share
Price / Cash11.49
Book Value$28.74 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$1.29
Net Income$113.30 million
Net Margins1.21%
Return on Equity4.02%
Return on Assets1.89%
Miscellaneous
Employees37,000
Outstanding Shares466,590,000
Market Cap$14.00 billion
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, July 24th. Investors of record on Tuesday, August 21st will be paid a dividend of $0.13 per share on Wednesday, September 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Monday, August 20th. View TechnipFMC's Dividend History.
How will TechnipFMC's stock buyback program work?
TechnipFMC announced that its board 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 purchase up to 135% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
How were TechnipFMC's earnings last quarter?
TechnipFMC PLC (NYSE:FTI) posted its earnings results on Wednesday, July, 25th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.11. The oil and gas company earned $2.96 billion during the quarter, compared to analysts' expectations of $3.20 billion. TechnipFMC had a return on equity of 4.02% and a net margin of 1.21%. The company's quarterly revenue was down 23.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. View TechnipFMC's Earnings History.
When is TechnipFMC's next earnings date?
What price target have analysts set for FTI?
23 brokerages have issued twelve-month price objectives for TechnipFMC's shares. Their forecasts range from $26.00 to $44.00. On average, they expect TechnipFMC's stock price to reach $35.8214 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for TechnipFMC.
What is the consensus analysts' recommendation for TechnipFMC?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 3 sell ratings, 4 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechnipFMC.
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), Weatherford International (WFT), Cactus (WHD), Oil States International (OIS), Dril-Quip (DRQ), NOW (DNOW), 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)
- Mr. Bradley D. Beitler, Exec. VP of Technology and R&D (Age 64)
Has TechnipFMC been receiving favorable news coverage?
Media coverage about FTI stock has been trending somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TechnipFMC earned a news impact score of 0.16 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 45.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for TechnipFMC.
Who are TechnipFMC's major shareholders?
TechnipFMC's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.54%), Platinum Investment Management Ltd. (1.79%), Aviva PLC (1.03%), Caisse DE Depot ET Placement DU Quebec (0.99%), Millennium Management LLC (0.96%) and Thompson Siegel & Walmsley LLC (0.81%). 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, Richard G Alabaster and Sanjay Bhatia. 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 BlackRock Inc., Renaissance Technologies LLC, Platinum Investment Management Ltd., Toronto Dominion Bank, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Russell Investments Group Ltd., Van ECK Associates Corp and Virginia Retirement Systems ET AL. Company insiders that have sold TechnipFMC company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including Boston Partners, Jennison Associates LLC, Millennium Management LLC, TCW Group Inc., FMR LLC, Point72 Asset Management L.P., South Texas Money Management Ltd. and Legal & General Group Plc. 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 $27.90.
How big of a company is TechnipFMC?
TechnipFMC has a market capitalization of $14.00 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.
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.
