TechnipFMC plc engages in the energy projects, technologies, and 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 pipe systems used in oil and 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 crude oil and natural gas. This segment offers drilling; surface wellheads and production trees systems; iComplete, a pressure control system; fracturing tree and manifold systems; flexible pipes; safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; well control and integrity systems; separation and processing systems; skid systems; and flow measurement and automation 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 Powerhouse | TechnipFMC leads the offshore energy sector with integrated Subsea solutions, boasting a record $14.7 billion backlog and strong financial health |
Financial Resilience | Explore TechnipFMC's impressive 17.8% revenue growth and 20% return on equity, showcasing its ability to thrive in a challenging industry landscape |
Market Dominance | Delve into TechnipFMC's competitive edge in integrated Subsea solutions, dismissing concerns about "white space" impact on the deepwater cycle |
Future Prospects | Analysts project 74% revenue growth for FY2024, with price targets ranging from $34 to $37, reflecting optimism in TechnipFMC's growth trajectory |
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 | 21.7x | 10.8x | 4.8x | |
PEG Ratio | 0.02 | 0.07 | 0.00 | |
Price/Book | 4.2x | 1.2x | 1.1x | |
Price / LTM Sales | 1.6x | 0.8x | 1.1x | |
Upside (Analyst Target) | 7.5% | 21.7% | 27.2% | |
Fair Value Upside | Unlock | 1.5% | 8.2% | Unlock |