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 Ratio27.13
Forward P/E Ratio22.61
P/E Growth2.36
Sales & Book Value
Annual Sales$15.06 billion
Price / Sales0.97
Cash Flow$2.6109 per share
Price / Cash11.95
Book Value$28.74 per share
Price / Book1.09
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$14.56 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 announced a quarterly dividend on Tuesday, July 24th. Investors of record on Tuesday, August 21st will be given a dividend of $0.13 per share on Wednesday, September 5th. This represents a $0.52 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Monday, August 20th. View TechnipFMC's Dividend History.
How will TechnipFMC's stock buyback program work?
TechnipFMC declared that its board has approved a share repurchase program on Sunday, June 4th 2017, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 135% of its shares through open market purchases. Shares repurchase 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) released its quarterly earnings results on Wednesday, July, 25th. The oil and gas company reported $0.28 EPS for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.11. The oil and gas company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.20 billion. TechnipFMC had a return on equity of 4.02% and a net margin of 1.21%. The business's quarterly revenue was down 23.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 EPS. View TechnipFMC's Earnings History.
When is TechnipFMC's next earnings date?
What price target have analysts set for FTI?
24 equities research analysts have issued twelve-month target prices for TechnipFMC's shares. Their predictions range from $26.00 to $44.00. On average, they expect TechnipFMC's stock price to reach $36.0938 in the next year. This suggests a possible upside of 15.7% 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, 4 hold ratings and 17 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), Cactus (WHD), Weatherford International (WFT), 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)
- 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 investors 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 and Richard G Alabaster. View Institutional Ownership Trends for TechnipFMC.
Which major 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 Bradley D Beitler, Dianne B Ralston, Richard A Pattarozzi and Richard G Alabaster. View Insider Buying and Selling for TechnipFMC.
Which major 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, FMR LLC, Point72 Asset Management L.P. and South Texas Money Management Ltd.. 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 $31.20.
How big of a company is TechnipFMC?
TechnipFMC has a market capitalization of $14.56 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.
