TechnipFMC PLC

NYSE: FTI
$5.82
-$0.11 (-1.9%)
Closing price November 29, 2021
Any spike in oil above the $50 a barrel level may cause some oilfield services shortages, which could bring Wall Street back to this out-of-favor sector fast.
While many on Wall Street remain negative, a series of new reports from RBC make some bold calls on offshore drilling and offshore services.
Clearly this a value play for investors, especially buying shares in front of what is expected to be declining or stagnant earnings. These companies have fought through oil price swings before, and...
The SEC has announced that a Houston-based technology solutions company has agreed to pay a greater than $2 million penalty to settle charges that it overstated profits in one of its business...
The top analyst upgrades, downgrades and initiations seen on Friday morning include Aflac, Applied Materials, Dick's Sporting Goods, Gap, Noble, Teekay Tankers and Urban Outfitters.
Goldman Sachs now sees a higher floor in oil and is making key changes in its ratings on oil and gas stocks. There are some caveats, though.
FMC Technologies had a bit of a wild week, and many analysts chimed in with key changes afterward.
Source: ThinkstockThe oil patch has been a very fickle sector of late. With the price of oil tanking to under $40 per barrel, profitability is going to be a tough road ahead for drillers, exploration...
Thursday's top analyst upgrades, downgrades and initiations include Ally Financial, Baidu, NetApp, Tesla and Zuliliy.
Exxon Mobil had about 350 feet to drill in its well offshore of Russia’s northern coast before it would know whether there was going to be any oil.
Source: ThinkstockOil service stocks are dependent on oil pricing for adding additional business on a sequential and year-over-year basis. Face it, what oil company is going to commit more capital...
Large cap services providers are generating free cash flow for the first time in the history of the industry. In a new report, J.P. Morgan analysts raised targets on two of these stocks, and we also...
Declining oil prices will not be good for oil service stocks, and the analysts at UBS say to stay with the big-boys in the sector and avoid the smaller cap names that will be hard pressed to maintain...
Source: ThinkstockThe fracking revolution is helping to revive the U.S. oil exploration and production industry. It also is distinguishing the companies that are big enough and have deep enough...
Source: Courtesy RosneftAs the U.S. oil industry drives toward becoming a net exporter of energy to the rest of the world, the top oil service stocks are poised to thrive. The oil services analysts...