TechnipFMC plc engages in the energy projects, technologies, systems, and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments, Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipeline systems used in oil and natural gas production and transportation. It provides subsea production and processing system; flexible pipe; subsea umbilicals, risers, and flowlines; vessels; robotics; well and asset services; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. The Surface Technologies segment designs, manufactures, and services products and systems used in land and shallow water exploration and production of oil and natural gas. This segment offers drilling; surface wellheads and production trees systems; iComplete, a pressure control system; fracturing tree systems, fracturing valve greasing systems, hydraulic or electric control units, service-less valves, fracturing manifold systems, and rigid and flexible flowlines; flexible pipes; safety and integrity systems, multiphase meter modules, in-line separation and processing systems, compact ball valves for manifolds, and standard pumps; well control and integrity systems; and skid solutions. It also offers planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment; and supplies flowline products and services. TechnipFMC plc was founded in 1884 and is headquartered in Houston, Texas.
Subsea Dominance | TechnipFMC's leadership in integrated Subsea solutions positions it at the forefront of the offshore energy sector's recovery and growth |
Financial Resilience | With a record $14.7 billion backlog and strong quarterly results, TechnipFMC demonstrates robust financial health and promising revenue visibility |
Market Dynamics | Explore how TechnipFMC navigates industry trends, including increased deepwater spending and offshore activity, to maintain its competitive edge |
Future Prospects | Analysts project 74% revenue growth for FY2024, with an average price target of $36, highlighting TechnipFMC's potential in a recovering market |
Metrics to compare | FTI | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipFTIPeersSector | |
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P/E Ratio | 14.2x | 6.8x | 4.9x | |
PEG Ratio | 0.00 | 0.00 | 0.00 | |
Price/Book | 3.9x | 1.1x | 1.1x | |
Price / LTM Sales | 1.4x | 0.6x | 1.1x | |
Upside (Analyst Target) | 19.5% | 45.9% | 36.0% | |
Fair Value Upside | Unlock | 26.2% | 8.3% | Unlock |