TechnipFMC Overview
- Year Founded
-
1958
- Status
-
Public
- Employees
-
22,762
- Stock Symbol
-
FTI
- Investments
-
35
- Share Price
-
$24.96
- (As of Monday Closing)
TechnipFMC General Information
Description
TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Contact Information
Website
www.technipfmc.comCorporate Office
- Hadrian House, Wincomblee Road
- Newcastle Upon Tyne NE6 3PL
- England, United Kingdom
Corporate Office
- Hadrian House, Wincomblee Road
- Newcastle Upon Tyne NE6 3PL
- England, United Kingdom
TechnipFMC Timeline
TechnipFMC Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $24.96 | $24.25 | $18.32 - $29.85 | $10.7B | 428M | 3.74M | $1.13 |
TechnipFMC Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 12,521,070 | 10,256,868 | 6,969,404 | 4,188,947 |
| Revenue | 8,502,200 | 7,824,200 | 6,700,400 | 6,403,500 |
| EBITDA | 1,123,700 | 673,100 | 567,000 | 726,800 |
| Net Income | 486,600 | 56,200 | (107,200) | 13,300 |
| Total Assets | 9,242,600 | 9,656,600 | 9,444,300 | 10,020,100 |
| Total Debt | 1,881,400 | 1,969,200 | 2,291,700 | 2,829,700 |
TechnipFMC Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
TechnipFMC Comparisons
Industry
Financing
Details
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TechnipFMC Competitors (18)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Subsea 7 | Corporation | Luxembourg, Luxembourg | 00000 | 000000&0 | ||
| Petrofac | Formerly PE-Backed | Saint Helier, United Kingdom | 0000 | 00.000 | 000000000 00 | 00.000 |
| Baker Hughes | Corporate Backed or Acquired | Houston, TX | 00000 | 00.000 | 000000000 00 | 00.000 |
| NOV | Formerly PE-Backed | Houston, TX | 00000 | 00000 | 000000000 00 | 00000 |
| Natural Gas Services Group | Corporation | Midland, TX | 000 | 00.00 | 00000000 | 00.00 |
TechnipFMC Patents
TechnipFMC Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202409065-D0 | Power cable guide means, system and method with the same | Pending | 25-Jun-2024 | ||
| GB-202409066-D0 | Hang-off system and method of using the same | Pending | 25-Jun-2024 | ||
| GB-202408524-D0 | System and method to detachably arrange equipment onto a floating renewable energy structure | Pending | 14-Jun-2024 | ||
| GB-202318696-D0 | Vessel and method for handling a power cable | Pending | 07-Dec-2023 | ||
| GB-202313185-D0 | System and method for floating structure and power cable | Pending | 30-Aug-2023 |
TechnipFMC Executive Team (43)
| Name | Title | Board Seat |
|---|---|---|
| Douglas Pferdehirt | Chief Executive Officer & Chairman | |
| Jonathan Landes | President | |
| Thierry Conti | President | |
| Alf Melin | Chief Financial Officer, Finance & Executive Vice President | |
| Justin Rounce | Chief Technology Officer, Technology & Executive Vice President |
TechnipFMC Board Members (27)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000000 000000 | Self | Board Member | 000 0000 |
| 0000000 0000000000 | TechnipFMC | Chief Executive Officer & Chairman | 000 0000 |
| 0000000 00 0000000 | Self | Board Member | 000 0000 |
| 0000 0'00000 | Self | Board Member | 000 0000 |
| 0000 00000000 | Self | Independent Director | 000 0000 |
TechnipFMC Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
TechnipFMC Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
TechnipFMC Investments & Acquisitions (35)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Floating Power Plant | 26-Mar-2024 | 00000 0000 | 00.000 | Alternative Energy Equipment | |
| Orbital Marine Power | 14-Jan-2022 | 00000 0000 | 00.000 | Alternative Energy Equipment | 00000 000 |
| Magma Global | 13-Oct-2021 | 0000000000 | Oil and Gas Equipment | 00000000 | |
| Loke (Norway) | 11-Aug-2021 | 000000000 | 0000 | Precious Metals and Minerals Mining | 00000000 |
| McPhy Energy | 14-Oct-2020 | PIPE | 00000 | Alternative Energy Equipment | 000000 00 |
TechnipFMC Subsidiaries (21)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Fmc Technologies International Services | Holding Companies | Amsterdam, Netherlands | 2008 |
| Magma Global | Oil and Gas Equipment | Portsmouth, United Kingdom | 0000 |
| Safrel(France) | Consulting Services (B2B) | Nanterre, France | 0000 |
| Fmc Kongsberg Subsea | Marine | Kongsberg, Norway | 0000 |
| Technip Ships (Netherlands) | Marine | Amsterdam, Netherlands | 0000 |
TechnipFMC ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
24.61 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Energy Services
Industry
00 of 111
Rank
Percentile
Oil & Gas Equipment
Subindustry
00 of 88
Rank
Percentile
TechnipFMC Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Naval Energies | 06-Jan-2017 | 00 000000000 | 00000 | Completed |
|
TechnipFMC FAQs
-
When was TechnipFMC founded?
TechnipFMC was founded in 1958.
-
Who is the CEO of TechnipFMC?
Douglas Pferdehirt is the CEO of TechnipFMC.
-
Where is TechnipFMC headquartered?
TechnipFMC is headquartered in Newcastle Upon Tyne, United Kingdom.
-
What is the size of TechnipFMC?
TechnipFMC has 22,762 total employees.
-
What industry is TechnipFMC in?
TechnipFMC’s primary industry is Energy Infrastructure.
-
Is TechnipFMC a private or public company?
TechnipFMC is a Public company.
-
What is TechnipFMC’s stock symbol?
The ticker symbol for TechnipFMC is FTI.
-
What is the current stock price of TechnipFMC?
As of 16-Sep-2024 the stock price of TechnipFMC is $24.96.
-
What is the current market cap of TechnipFMC?
The current market capitalization of TechnipFMC is $10.7B.
-
What is TechnipFMC’s current revenue?
The trailing twelve month revenue for TechnipFMC is $8.5B.
-
Who are TechnipFMC’s competitors?
Subsea 7, Petrofac, Baker Hughes, NOV, and Natural Gas Services Group are some of the 18 competitors of TechnipFMC.
-
What is TechnipFMC’s annual earnings per share (EPS)?
TechnipFMC’s EPS for 12 months was $1.13.
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