TechnipFMC
About: TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Employees: 22,762
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
224% more call options, than puts
Call options by funds: $157M | Put options by funds: $48.4M
6% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 62
1% more funds holding
Funds holding: 410 [Q2] → 414 (+4) [Q3]
0.13% more ownership
Funds ownership: 94.97% [Q2] → 95.1% (+0.13%) [Q3]
0% less capital invested
Capital invested by funds: $10.7B [Q2] → $10.7B (-$17.6M) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 164
23% less funds holding in top 10
Funds holding in top 10: 13 [Q2] → 10 (-3) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
7%
upside
Avg. target
$36
24%
upside
High target
$42
45%
upside
9 analyst ratings
8 positive
89%
1 neutral
11%
0 negative
0%
Barclays David Anderson 43% 1-year accuracy 34 / 80 met price target | 45%upside $42 | Overweight Maintained | 18 Dec 2024 |
Goldman Sachs Ati Modak 67% 1-year accuracy 2 / 3 met price target | 32%upside $38 | Buy Initiated | 13 Dec 2024 |
TD Cowen Marc Bianchi 47% 1-year accuracy 14 / 30 met price target | 28%upside $37 | Buy Reiterated | 27 Nov 2024 |
RBC Capital Victoria McCulloch 100% 1-year accuracy 1 / 1 met price target | 28%upside $37 | Outperform Initiated | 18 Nov 2024 |
Citigroup Scott Gruber 41% 1-year accuracy 27 / 66 met price target | 21%upside $35 | Buy Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 10 articles about FTI published over the past 30 days
Neutral
Business Wire
3 days ago
TechnipFMC Awarded Substantial Subsea Contract for Shell's Bonga North Development in Nigeria
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0® production systems for the Bonga North development in Nigeria. The contract covers the design and manufacture of subsea tree systems, manifolds, jumpers, controls, and services. Jonathan Landes, President, Subsea at TechnipFMC, commented: “Shell was the first to adopt our Subsea 2.0® configure-to-order solution,.
Neutral
Zacks Investment Research
3 days ago
Equinor, Var Energi Explore Tie-Back Policy for New Barents Sea Oil Find
A new oil find near the Goliat FPSO could lead to a tie-back development, with EQNR and Var Energi assessing the potential of the Barents Sea discovery.
Positive
Investors Business Daily
6 days ago
S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally
Goldman Sachs and Fortinet are among the stocks investors should keep tabs on as the stock market rally holds up. The post S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally appeared first on Investor's Business Daily.
Positive
Zacks Investment Research
1 week ago
Petrobras Awards Major Offshore Contract to SLB Worth $800 Million
SLB mentions that the offshore contract is part of PBR's broader strategy to revive its already productive fields. The contract is expected to begin in April 2025.
Positive
Zacks Investment Research
1 week ago
TechnipFMC Gets Green Light for CO2 Capture & Storage Project in UK
FTI moves forward with a CO2 storage project, providing innovative all-electric subsea systems to support the United Kingdom's carbon capture efforts.
Neutral
Business Wire
1 week ago
TechnipFMC Receives Notice to Proceed for Northern Endurance Partnership's Carbon Capture and Storage Project
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been given full notice to proceed with the previously announced contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. This notice follows NEP's announcement of financial close and entry into the execution phase of the carbon dioxide (CO2) transportation and storage infrastructure in the United Kingdom's East Coast Cluster. The con.
Positive
Investors Business Daily
3 weeks ago
Nvidia Chipmaker, Three Breakouts Among Five Stocks To Watch
Nvidia chipmaker Taiwan Semiconductor leads five stocks to watch, including three new breakouts. The post Nvidia Chipmaker, Three Breakouts Among Five Stocks To Watch appeared first on Investor's Business Daily.
Positive
Zacks Investment Research
4 weeks ago
TechnipFMC Stock Rallies to 52-Week High: Buy, Hold or Sell?
FTI's total backlog reached a high of $14.7 billion in Q3 2024, reflecting an 11.1% increase from the previous year.
Positive
Zacks Investment Research
4 weeks ago
TechnipFMC plc (FTI) Hits Fresh High: Is There Still Room to Run?
FMC Technologies (FTI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Positive
Zacks Investment Research
4 weeks ago
Is TechnipFMC (FTI) Stock Outpacing Its Oils-Energy Peers This Year?
Here is how FMC Technologies (FTI) and Targa Resources, Inc. (TRGP) have performed compared to their sector so far this year.
Charts implemented using Lightweight Charts™