TechnipFMC plc

NYSE: FTI
$25.22
+$0.06 (+0.2%)
Closing price April 19, 2024
TechnipFMC plc is a global leader in energy projects, technologies, and services, with a focus on the oil and gas sector. Headquartered in Houston, Texas, and founded in 1884, the company operates in two main segments: Subsea and Surface Technologies. In the Subsea segment, it offers comprehensive services including the design, engineering, and installation of subsea systems and infrastructure for oil and gas production. The Surface Technologies segment provides equipment and services for onshore and shallow water oil and gas exploration and production. TechnipFMC is known for its innovative solutions like the Subsea Studio and iComplete systems, enhancing efficiency and safety in energy operations worldwide.
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...
Source: ThinkstockMiddle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level...
Source: ThinkstockInvestment firm Sterne Agee this morning published its outlook for the oil field services sector, calling for limited upside in North American activity, improvement in international...
Visa gained over 14% during the week on news that “the Federal Reserve would increase its proposed cap on interchange fees charged to by large banks to merchants to process debit card purchases...
Late Wednesday night, natural gas prices inexplicably dropped by about 8% on the NYMEX, well after the exchange had closed for the day. It took only a few seconds for the price to bounce back up, but...