FTI - TechnipFMC plc

NYSE - NYSE Delayed Price. Currency in USD
7.06
+0.25 (+3.67%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Momentum

Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close6.81
Open6.83
Bid7.01 x 3100
Ask7.16 x 3200
Day's Range6.78 - 7.09
52 Week Range4.49 - 28.57
Volume4,256,752
Avg. Volume6,626,984
Market Cap3.247B
Beta (5Y Monthly)2.24
PE Ratio (TTM)N/A
EPS (TTM)-12.73
Earnings DateJul 29, 2020
Forward Dividend & Yield0.13 (1.75%)
Ex-Dividend DateMar 23, 2020
1y Target Est11.50
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service
    Business Wire

    Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service

    Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge.

  • TechnipFMC (FTI) Wins Major EPC Contract From Assiut in Egypt
    Zacks

    TechnipFMC (FTI) Wins Major EPC Contract From Assiut in Egypt

    The contract with Assiut emphasizes TechnipFMC's (FTI) close liaison with the Egyptian petroleum sector and further boosts its capacity in delivering complex projects within the African country.

  • TechnipFMC Spikes 11% After-Hours On $1B+ Egypt Contract
    SmarterAnalyst

    TechnipFMC Spikes 11% After-Hours On $1B+ Egypt Contract

    Shares in TechnipFMC (FTI) spiked 11% in Tuesday’s after-hours trading after the company announced a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.TechnipFMC clarified that a “major” contract is over $1 billion.The contract covers new process units such as a Vacuum Distillation Unit, a Diesel Hydrocracking Unit, a Delayed Coker Unit, a Distillate Hydrotreating Unit as well as a Hydrogen Production Facility Unit using TechnipFMC’s steam reforming technology. The project also includes other process units, interconnecting, offsites and utilities.According to the statement, the plan is to transform lower-value petroleum products from Assiut Oil Refining Company’s (ASORC) nearby refinery into approximately 2.8 million tons per year of cleaner products, such as Euro 5 diesel.“This award demonstrates TechnipFMC’s long-standing relationship with the Egyptian petroleum sector and strengthens our expertise in the delivery of complex projects in the country” commented Catherine MacGregor, President of Technip Energies.She added: “Assiut is considered one of the major strategic projects needed to meet growing local demand for cleaner products, and we are extremely honored to have been selected by ANOPC to contribute to the largest refining project to be implemented in Upper Egypt.”TechnipFMC says it is currently working with ANOPC to complete the remaining conditions precedent so that the project can start.Shares in FTI have plunged 67% year-to-date, and analysts have a cautiously optimistic Moderate Buy consensus on the stock- with 10 recent buy ratings, 3 hold ratings and 1 sell rating. That’s with a $10 average analyst price target (40% upside potential). (See FTI stock analysis on TipRanks).On the bull side comes RBC Capital Kurt Hallead with a buy rating and $12 price target. “FTI offers an absolute and relative value proposition for investors who are willing to focus on mid-cycle earnings power post the COVID-19 and oil price collapse challenges” the analyst stated, noting that the company has a strong balance sheet and ample liquidity.Related News: Billionaire Buffett’s Energy Unit To Buy Dominion Energy Assets For $4B AMC Pops 12% In After-Market Amid Report Of New Restructuring Deal Sunrun To Buy Vivint Solar For About $1.46B In All-Stock Deal More recent articles from Smarter Analyst: * AMC Pops 12% In After-Market Amid Report Of New Restructuring Deal To Avert Bankruptcy * Synaptics Snaps Up AVGO Wireless IoT Rights; Analyst Upgrades Stock * DocuSign Buys Liveoak For $38M To Boost New Notary Offering * Uber Launching Grocery Delivery Service In Latin America, Canada, And US

  • TechnipFMC Signs a Major Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt
    Business Wire

    TechnipFMC Signs a Major Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt

    TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has signed a major(1) Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.

  • GuruFocus.com

    Wednesday Morning Market Highlights

    Markets trade in the green as General Mills falls on earnings report Continue reading...

  • TechnipFMC Amends $2.5B Credit Facility & EUR 500M Facility
    Zacks

    TechnipFMC Amends $2.5B Credit Facility & EUR 500M Facility

    The amendments authorise TechnipFMC (FTI) to take into account $3.2 billion of goodwill for the calculation of consolidated net worth.

  • TechnipFMC plc (FTI): Hedge Funds De-risking
    Insider Monkey

    TechnipFMC plc (FTI): Hedge Funds De-risking

    In this article we will check out the progression of hedge fund sentiment towards TechnipFMC plc (NYSE:FTI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]

  • Are Investors Undervaluing TechnipFMC plc (NYSE:FTI) By 40%?
    Simply Wall St.

    Are Investors Undervaluing TechnipFMC plc (NYSE:FTI) By 40%?

    Does the June share price for TechnipFMC plc (NYSE:FTI) reflect what it's really worth? Today, we will estimate the...

  • Should Value Investors Buy TechnipFMC (FTI) Stock?
    Insider Monkey

    Should Value Investors Buy TechnipFMC (FTI) Stock?

    Antipodes Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Antipodes Global Fund posted a return of -5.3% for the quarter, outperforming its benchmark, the MSCI AC World Net Index which returned -9.7% in the same quarter. You should check out Antipodes Partners top 5 stock picks […]

  • FMC Technologies (FTI) Down 5.8% Since Last Earnings Report: Can It Rebound?
    Zacks

    FMC Technologies (FTI) Down 5.8% Since Last Earnings Report: Can It Rebound?

    FMC Technologies (FTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why These 3 Oil Sector Stocks Rose More Than 30% in April
    Motley Fool

    Why These 3 Oil Sector Stocks Rose More Than 30% in April

    Shares of oil-field services stocks Oceaneering International (NYSE: OII), Apergy (NYSE: APY), and TechnipFMC (NYSE: FTI) all jumped more than 30% in April, according to data provided by S&P Global Market Intelligence. Technip, which provides general services for oil producers, saw its share price rise 32.2% in April. Onshore drilling specialist Apergy's shares soared 60.2%, while the stock of subsea services provider Oceaneering International skyrocketed 74.8% for the month.

  • Reuters

    Russian group hires TechnipFMC to design $10 bln LNG plant

    Russian investment group A-Property has hired energy services company TechnipFMC to design a $10 billion liquefied natural gas operation in the north of the country that it hopes to complete by 2025 and sell LNG to Asia. A-Property spokeswoman Anastasia Kharitonova told Reuters that the plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment. The LNG plant will aim to produce 13 million tonnes of LNG per year at maximum capacity and will be located relatively close to the Chinese border.

  • Moody's

    FMC Technologies, Inc. -- Moody's confirms TechnipFMC's Baa2 rating; negative outlook

    Moody's Investors Service (Moody's) confirmed TechnipFMC plc's (TechnipFMC) Baa2 issuer rating. Moody's also confirmed the Baa2 rating on TechnipFMC's EUR 450 million unsecured convertible bonds due 2021 and $500 million senior unsecured notes due 2022.

  • ACCESSWIRE

    TechnipFMC Plc to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / April 23, 2020 / TechnipFMC Plc (NYSE:FTI) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 23, 2020 at 8:00 AM Eastern ...

  • TechnipFMC cuts executive pay and dividend as pandemic fallout bites
    Reuters

    TechnipFMC cuts executive pay and dividend as pandemic fallout bites

    Oil services company TechnipFMC <FTI.N> said on Wednesday it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak. The Franco-American firm, whose clients include major companies in the oil and gas sector, said it had increased its cost savings target to more than $350 million this year from the $130 million it announced on April 1. It lowered executive compensation for the year, cutting the salary of its chairman and chief executive officer by 30%.

  • TechnipFMC Awarded Significant Integrated EPCI (iEPCI™) Contract for Woodside’s Lambert Deep and Greater Western Flank Fields in Australia
    Business Wire

    TechnipFMC Awarded Significant Integrated EPCI (iEPCI™) Contract for Woodside’s Lambert Deep and Greater Western Flank Fields in Australia

    TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant (1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Woodside Energy Limited for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia.

  • Rigzone.com

    TechnipFMC Unit Wins Offshore Mexico Contract from BHP

    Genesis has won a pre-FEED contract for preliminary design of an FPU. PHOTO SOURCE: Genesis

  • TechnipFMC joins ranks of energy cos. cutting spending
    American City Business Journals

    TechnipFMC joins ranks of energy cos. cutting spending

    TechnipFMC PLC (NYSE: FTI) has cut about a third of its spending plans for 2020, and it’s looking to reduce costs even beyond that. TechnipFMC, which has headquarters in Paris, London and Houston, has reduced its 2020 capital expenditure plan by $150 million, landing at $300 million, the company said in a press release.

  • Moody's

    FMC Technologies, Inc. -- Moody's announces completion of a periodic review of ratings of TechnipFMC plc

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TechnipFMC plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.

  • Rigzone.com

    TechnipFMC Cuts Capex 30 Percent

    TechnipFMC has lowered its 2020 capital expenditures by 30 percent to $300 million in response to current market conditions.

  • Robot factory expansion plans stall in West Sacramento
    American City Business Journals

    Robot factory expansion plans stall in West Sacramento

    The largest customers for Technip’s submersibles are in the oil and gas industry for exploration and maintenance operations.

  • Hedge Funds Were Dumping TechnipFMC plc (FTI) Before The Coronavirus
    Insider Monkey

    Hedge Funds Were Dumping TechnipFMC plc (FTI) Before The Coronavirus

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • TechnipFMC widens gap between CEO, employee compensation
    American City Business Journals

    TechnipFMC widens gap between CEO, employee compensation

    Both sets of compensation rose, but the CEO's rose by proportionally more than his median employee's.

  • Rigzone.com

    TechnipFMC Halts Split

    TechnipFMC has put its planned separation into two companies on hold.

  • TechnipFMC delays spinoff on concerns over pandemic, markets
    American City Business Journals

    TechnipFMC delays spinoff on concerns over pandemic, markets

    TechnipFMC PLC (NYSE: FTI) has decided to delay a much-anticipated deal that would split it into two companies on concerns about the ongoing global pandemic and other issues. The coronavirus outbreak, a sharp decline in oil prices and equity market volatility have materially changed the environment in which TechnipFMC would conduct the split, the company said in a March 15 press release. “The impacts of these events have created a market environment that is not currently conducive to the company’s planned separation into TechnipFMC and Technip Energies,” the company said.