Company

TechnipFMC plc

Headquarters: London, United Kingdom

Founded: 17 January 2017

Employees: 19,103

CEO: Mr. Douglas J. Pferdehirt

NYSE: FTI -0.87%

Market Cap

$8.66 Billion

USD as of Jan. 1, 2024

Market Cap History

TechnipFMC plc market capitalization over time

Evolution of TechnipFMC plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of TechnipFMC plc

Detailed Description

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. 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 systems; subsea umbilicals, risers, and flowlines; vessels; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. This segment also offers well and asset services; research, engineering, manufacturing, and supply chain; and product management services. 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 and completion systems; surface wellheads and production trees systems; iComplete, a digitally enabled pressure control system; fracturing tree and manifold systems; pressure pumping; well service pumps; well control, safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; flowback and well testing services; skid systems; automation and digital 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 flexible lines and flowline products and services. TechnipFMC plc has a strategic alliance with Talos Energy Inc. to develop and deliver technical and commercial solutions to Carbon Capture and Storage projects. The company was founded in 1884 and is based in Newcastle Upon Tyne, the United Kingdom.

Top 1-year algo backtest: +287.69%

$10,000 in March 2023 would now be $38,769 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

TechnipFMC plc has the following listings and related stock indices.


Stock: NYSE: FTI wb_incandescent

Stock: Bovespa: T1EC34 wb_incandescent

Stock: Euronext: FTI wb_incandescent

Stock: FSX: 1T1 wb_incandescent

Product & Services

Offshore, onshore & subsea Project management, engineering, procurement & construction for the energy industry

Key People

Douglas Pferdehirt (CEO)

Financials

Revenue: $13.409 Billion (2019)

Operating income: $1.529 Billion (2019)

Net income: -2.415 $ Billion(2019, loss)

Details

Headquarters:

One St. Paul’s Churchyard

London, EC4M 8AP

United Kingdom

Phone: 44 20 3429 3950