TechnipFMC (FTI)
(Delayed Data from NYSE)
$27.22 USD
+0.87 (3.30%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $27.00 -0.22 (-0.81%) 7:58 PM ET
2-Buy of 5 2
B Value A Growth F Momentum A VGM
Company Summary
London-based TechnipFMC plc is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company, which reached its current form following the January 2017 merger between Technip and FMC Technologies, is engaged in the designing, producing and servicing technologically sophisticated systems and products for subsea, onshore/offshore, and surface projects. The company strives to enhance the performance of its oil and gas clients by bringing together the scope and know-how to transform the project economics.
TechnipFMC, listed in NYSE, has operations in various countries ...
Company Summary
London-based TechnipFMC plc is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company, which reached its current form following the January 2017 merger between Technip and FMC Technologies, is engaged in the designing, producing and servicing technologically sophisticated systems and products for subsea, onshore/offshore, and surface projects. The company strives to enhance the performance of its oil and gas clients by bringing together the scope and know-how to transform the project economics.
TechnipFMC, listed in NYSE, has operations in various countries and an employee strength of more than 20,000. The company’s backlog is estimated at $13.2 billion as of Dec 31, 2023. TechnipFMC divides its operations into two major segments: Subsea and Surface Technologies.
Subsea: The Subsea unit (accounted for 82% of the company’s 2023 revenue) is engaged in the manufacture and design of products and systems, performs engineering, procurement and project management and provides services to oil and gas companies associated with offshore exploration and production. As of Dec 31, 2023, the Subsea segment had a $12.2 billion backlog.
Surface Technologies: The Surface Technologies segment (18%) designs and produces systems and provides services used by oil and gas companies operating in land and shallow water exploration and production of crude oil and natural gas. As of Dec 31, 2023, the Surface Technologies segment had a $ 1.1 billion backlog.
In 2021, the company sold its majority interests in Technip Energies division to partially spin-off the unit into a standalone public company. Technip Energies primarily provided onshore engineering and construction services to midstream and downstream clients.
TechnipFMC generated revenues of $7.8 billion from its operations last year, of which roughly 70% came from long-term contracts.
As of Dec 31, 2023, the company had cash and cash equivalents of $951.7 million and a long-term debt of $913.5 million with debt-to-capitalization of 22.6%.
General Information
TechnipFMC plc
ONE SUBSEA LANE
HOUSTON, TX NE6 3PL
Phone: 1-281-591-4000
Fax: 281-591-4102
Web: http://www.technipfmc.com
Email: investorrelations@technipfmc.com
Industry | Oil and Gas - Field Services |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.39 |
Current Year EPS Consensus Estimate | 1.34 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 10/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 26.35 |
52 Week High | 29.85 |
52 Week Low | 18.33 |
Beta | 1.50 |
20 Day Moving Average | 3,612,488.50 |
Target Price Consensus | 30.36 |
4 Week | 1.35 |
12 Week | 1.62 |
YTD | 30.83 |
4 Week | -1.19 |
12 Week | -2.48 |
YTD | 9.22 |
Shares Outstanding (millions) | 428.37 |
Market Capitalization (millions) | 11,287.62 |
Short Ratio | NA |
Last Split Date | 4/1/2011 |
Dividend Yield | 0.76% |
Annual Dividend | $0.20 |
Payout Ratio | 0.20 |
Change in Payout Ratio | -0.65 |
Last Dividend Payout / Amount | 8/20/2024 / $0.05 |
Fundamental Ratios
P/E (F1) | 19.70 |
Trailing 12 Months | 26.35 |
PEG Ratio | NA |
vs. Previous Year | 330.00% |
vs. Previous Quarter | 95.45% |
vs. Previous Year | 17.92% |
vs. Previous Quarter | 13.89% |
Price/Book | 3.75 |
Price/Cash Flow | 19.81 |
Price / Sales | 1.33 |
6/30/24 | 14.36 |
3/31/24 | 9.57 |
12/31/23 | 6.37 |
6/30/24 | 4.72 |
3/31/24 | 3.14 |
12/31/23 | 2.10 |
6/30/24 | 1.10 |
3/31/24 | 1.16 |
12/31/23 | 1.16 |
6/30/24 | 0.84 |
3/31/24 | 0.87 |
12/31/23 | 0.92 |
6/30/24 | 5.21 |
3/31/24 | 3.66 |
12/31/23 | 2.57 |
6/30/24 | 5.72 |
3/31/24 | 2.61 |
12/31/23 | 0.72 |
6/30/24 | 7.89 |
3/31/24 | 4.57 |
12/31/23 | 2.64 |
6/30/24 | 7.03 |
3/31/24 | 7.07 |
12/31/23 | 7.28 |
6/30/24 | 6.09 |
3/31/24 | 5.90 |
12/31/23 | 5.75 |
6/30/24 | 0.23 |
3/31/24 | 0.31 |
12/31/23 | 0.32 |
6/30/24 | 18.84 |
3/31/24 | 23.41 |
12/31/23 | 24.00 |