TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through two segments, Subsea and Surface Technologies. The Subsea segment designs and manufactures products and systems; performs engineering, procurement, and project management; and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas. The Surface Technologies segment designs and manufactures systems, as well as provides services used by oil and gas companies involved in the land and shallow water exploration and production of crude oil and natural gas. This segment also designs, manufactures, and supplies technologically advanced wellhead systems, and high pressure valves and pumps used in stimulation activities for oilfield service companies, as well as provides installation, flowback, and other services for exploration and production companies. It operates in Europe, Russia, Central Asia, the Americas, the Asia Pacific, Africa, and the Middle East. The company was incorporated in 2015 and is headquartered in London, the United Kingdom.
IPO Year:
Exchange: NYSE
Website: technipfmc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2025 | $32.00 | Outperform → Mkt Perform | Bernstein |
| 12/19/2024 | $39.00 | Overweight | Piper Sandler |
| 12/13/2024 | $38.00 | Buy | Goldman |
| 12/6/2024 | $29.00 → $40.00 | Hold → Buy | Jefferies |
| 11/18/2024 | $37.00 | Outperform | RBC Capital Mkts |
| 10/29/2024 | $32.00 | Hold → Buy | HSBC Securities |
| 10/25/2024 | $35.00 → $37.00 | Buy | TD Cowen |
| 2/23/2024 | Buy → Hold | HSBC Securities | |
| 2/23/2024 | $26.00 → $28.00 | Outperform | TD Cowen |
| 11/6/2023 | $23.50 | Outperform → Neutral | Exane BNP Paribas |
Bernstein downgraded TechnipFMC from Outperform to Mkt Perform and set a new price target of $32.00
Piper Sandler initiated coverage of TechnipFMC with a rating of Overweight and set a new price target of $39.00
Goldman initiated coverage of TechnipFMC with a rating of Buy and set a new price target of $38.00
Jefferies upgraded TechnipFMC from Hold to Buy and set a new price target of $40.00 from $29.00 previously
RBC Capital Mkts initiated coverage of TechnipFMC with a rating of Outperform and set a new price target of $37.00
HSBC Securities upgraded TechnipFMC from Hold to Buy and set a new price target of $32.00
TD Cowen reiterated coverage of TechnipFMC with a rating of Buy and set a new price target of $37.00 from $35.00 previously
HSBC Securities downgraded TechnipFMC from Buy to Hold
TD Cowen reiterated coverage of TechnipFMC with a rating of Outperform and set a new price target of $28.00 from $26.00 previously
Exane BNP Paribas downgraded TechnipFMC from Outperform to Neutral and set a new price target of $23.50
TechnipFMC (NYSE:FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference on Wednesday, June 25, 2025, at 9:10 a.m. ET in New York. The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event. An audio replay of the webcast will be available on this website for 30 days. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technol
TechnipFMC (NYSE:FTI) will host its second-quarter 2025 earnings conference call on Thursday, July 24, 2025, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed via the Investor Relations website, or by registering here. A replay of the webcast will be available on the website following the event. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologi
Total Company inbound orders of $3.1 billion; Subsea of $2.8 billion, a book-to-bill of 1.4x Total Company backlog of $15.8 billion; Subsea of $14.9 billion Cash flow from operations of $442 million; free cash flow of $380 million Total shareholder distributions of $271 million, including share repurchase of $250 million TechnipFMC plc (NYSE:FTI) (the "Company" or "TechnipFMC") today reported first-quarter 2025 results. Summary Financial Results from Continuing Operations Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules. Three Months Ended Change (In millions, except per share amounts) Mar. 31, 2025
TechnipFMC plc (NYSE:FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on June 4, 2025 to shareholders of record as of the close of business on the New York Stock Exchange on May 20, 2025. The ex-dividend date is May 20, 2025. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" regarding our future dividend payment obligations as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward-looking statements are not
TechnipFMC (NYSE:FTI) will host its first-quarter 2025 earnings conference call on Thursday, April 24, 2025, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed via the Investor Relations website, or by registering here. A replay of the webcast will be available on the website following the event. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies an
TechnipFMC (NYSE:FTI) has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Shell for its Gato do Mato greenfield development offshore Brazil. In addition to integrated execution, the project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil. Jonathan Landes, President, Subsea at TechnipFMC commented: "Throughout our 30-year partnership with Shell, we have built an overwhelmingly strong record of delivery. Our success in integrating and industrializing innovative solutions g
TechnipFMC (NYSE:FTI) has been awarded a large(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. The Johan Sverdrup field, which originally began production in 2019, is now one of the largest developments in the region. This latest phase will increase production by tying in additional wells to the current infrastructure, which is powered by low-emission resources onshore. Jonathan Landes, President, Subsea at TechnipFMC commented: "It is a privilege to contribute once again to the development of this field, where we delivered subsea production systems for each of the pr
TechnipFMC (NYSE:FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will speak at the Piper Sandler 25th Annual Energy Conference on Tuesday, March 18, 2025, at 8:30 a.m. PT in Las Vegas, Nevada. The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event. An audio replay of the webcast will be available on this website for 180 days. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies and comp
Subsea inbound of $2.7 billion in the quarter; full-year orders of $10.4 billion Total Company backlog of $14.4 billion increased 9% versus the prior year Cash flow from operations of $579 million in the quarter; free cash flow of $453 million Shareholder distributions to grow at least 30% in 2025 versus the prior year Subsea inbound orders anticipated to exceed $10 billion in 2025 TechnipFMC plc (NYSE:FTI) today reported fourth quarter 2024 results. Summary Financial Results from Continuing Operations - Fourth Quarter 2024 Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules. Three Months Ended Ch
TechnipFMC plc (NYSE:FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on April 2, 2025 to shareholders of record as of the close of business on the New York Stock Exchange on March 18, 2025. The ex-dividend date is March 18, 2025. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" regarding our future dividend payment obligations as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward-looking statements