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 Ratio0.28
Current Ratio1.28
Quick Ratio1.18
Price-To-Earnings
Trailing P/E Ratio22.86
Forward P/E Ratio21.25
P/E Growth2.16
Sales & Book Value
Annual Sales$15.06 billion
Price / Sales0.94
Cash Flow$2.6107 per share
Price / Cash11.56
Book Value$28.74 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)$1.29
Net Income$113.30 million
Net Margins1.54%
Return on Equity4.58%
Return on Assets2.13%
Miscellaneous
Employees37,000
Outstanding Shares466,590,000
Market Cap$14,081.75
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, April 24th. Shareholders of record on Tuesday, May 22nd will be paid a dividend of $0.13 per share on Wednesday, June 6th. This represents a $0.52 annualized dividend and a yield of 1.72%. The ex-dividend date is Monday, May 21st. View TechnipFMC's Dividend History.
How will TechnipFMC's stock buyback program work?
TechnipFMC announced that its board has authorized a stock repurchase program on Sunday, June 4th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 135% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.
How were TechnipFMC's earnings last quarter?
TechnipFMC PLC (NYSE:FTI) posted its quarterly earnings data on Wednesday, May, 9th. The oil and gas company reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.04. The oil and gas company earned $3.13 billion during the quarter, compared to analysts' expectations of $3.11 billion. TechnipFMC had a net margin of 1.54% and a return on equity of 4.58%. TechnipFMC's quarterly revenue was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 earnings per share. View TechnipFMC's Earnings History.
When is TechnipFMC's next earnings date?
What price target have analysts set for FTI?
23 brokerages have issued 1-year target prices for TechnipFMC's shares. Their predictions range from $26.00 to $44.00. On average, they anticipate TechnipFMC's stock price to reach $35.6786 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Ratings 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."
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), Dril-Quip (DRQ), Oil States International (OIS), 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, CFO & Exec. VP (Age 55)
- Mr. Bradley D. Beitler, Exec. VP of Technology and R&D (Age 64)
- Ms. Dianne B. Ralston, Chief Legal Officer, Exec. VP & Sec. (Age 51)
Has TechnipFMC been receiving favorable news coverage?
News stories about FTI stock have trended somewhat negative on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TechnipFMC earned a media sentiment score of -0.04 on Accern's scale. They also gave media headlines about the oil and gas company an impact score of 43.63 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are TechnipFMC's major shareholders?
TechnipFMC's stock is owned by many different of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.12%), Howard Capital Management Inc. (0.07%), Nikko Asset Management Americas Inc. (0.07%), Fisher Asset Management LLC (0.06%), Viking Fund Management LLC (0.05%) and Retirement Systems of Alabama (0.04%). 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 Nikko Asset Management Americas Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Hartford Investment Management Co., Mckinley Capital Management LLC Delaware, Municipal Employees Retirement System of Michigan and Retirement Systems of Alabama. 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 purchased by a variety of institutional investors in the last quarter, including Howard Capital Management Inc., Viking Fund Management LLC, Scout Investments Inc., Bank of Montreal Can, Fisher Asset Management LLC, Clinton Group Inc., Essex Investment Management Co. LLC and Bright Rock Capital Management LLC. 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 $30.18.
How big of a company is TechnipFMC?
TechnipFMC has a market capitalization of $14.08 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.
