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FTI $28.89

FTI target price
28.89
0
17
FMC Technologies Inc.
Type
Public company
Industry Oil and Gas Equipment, Services
Fate Merged with Technip and became TechnipFMC
Predecessor Food Machinery Corporation
Successor TechnipFMC
Founded 2001
Headquarters Houston, Texas, USA
Key people

Thierry Pilenko Executive Chairman

Douglas Pferdehirt CEO
Products Subsea production and processing systems
Surface wellhead systems
Fluid control equipment
Measurement solutions
Marine loading systems
Number of employees
17,400 (December 2015)
Website www.fmctechnologies.com

Thierry Pilenko Executive Chairman

FMC Technologies, Inc. was a North American company that produced equipment for exploration and production of hydrocarbons. FMC Technologies was incorporated in 2000 when FMC Corporation divested its machinery businesses. It exists today as a part of TechnipFMC, after a merge with Technip in 2017.

FMC Technologies was a provider of systems and solutions to the oil and gas industry. The company was divided into three business areas: Subsea Technologies, Surface Technologies and Energy Infrastructures. FMC Technologies designed, manufactured and serviced systems and products such as subsea production and processing systems, surface wellhead systems, high pressure pumps and fluid control equipment, measurement solutions and marine loading systems.

The company was founded in 2000, when FMC announced plans to restructure itself into two separate, publicly traded companies - a machinery business (FMC Technologies) and a chemicals business (FMC Corporation). FMC Technologies, Inc. began trading on the New York Stock Exchange on June 14, 2001. In 2008, FMC Technologies spun off its FoodTech and Airport businesses into a new, independent, publicly-traded company called JBT Corporation. In 2009, the company acquired Multi Phase Meters (MPM), a Norwegian technology company that provides advanced instrumentation for the oil industry.

Globally, FMC Technologies had approximately 17,400 employees by 2015, consisting of approximately 5,700 in the United States and 11,700 in non-U.S. locations. The company had a total of 30 locations in 16 countries, including the United States, Norway, Brazil, Scotland, Singapore, Australia, Angola and Nigeria. Its headquarters were located in northern Houston, Texas. In Norway there were about 3800 employees, working at locations in Kongsberg, Asker, Bergen, Stavanger, Kristiansund, Floro and Notodden. On October 1, 2012, the company acquired Pure Energy Services. In the same year, FMC Technologies was named by Fortune (magazine) as the World's Most Admired Oil and Gas Equipment, Service Company.

On May 19, 2016, it was announced that FMC Technologies would team up with French Technip to create a new company called TechnipFMC. After the approval of regulatory authorities, TechnipFMC began operating as a unified company in Jan 17, 2017. The all-share deal resulted in a company with a market value of about $13 billion.

Douglas Pferdehirt was Chairman and CEO of FMC Technologies, Inc.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2023-02-23 Future report Set alerts
Q2 2022 2022-07-27 0.02 0.02
Q1 2022 2022-04-27 -0.03 -0.03
Q4 2021 2022-02-23 -0.12 -0.12
Q3 2021 2021-10-20 -0.06 -0.06
Q2 2021 2021-07-21 -0.06 -0.06
Q1 2021 2021-04-27 -0.03 -0.03
Q4 2020 2021-02-24 0.05 0.05
Q3 2020 2020-10-21 0.16 -0.01
Q2 2020 2020-07-29 0.09 0.03

Ratings

2016-07-10 Reiterated Rating Jefferies Group Hold
2016-06-25 Reiterated Rating Citigroup Inc. Neutral $29.00
2016-06-02 Reiterated Rating Credit Suisse Hold $26.00
2016-06-02 Reiterated Rating Credit Suisse Group AG Hold $26.00
2016-06-01 Reiterated Rating Jefferies Group Hold $29.00
2016-05-26 Downgrade Barclays Neutral $33.00
2016-05-26 Downgrade Barclays PLC Neutral $33.00
2016-05-20 Reiterated Rating BMO Capital Markets Hold $29.00
2016-05-20 Reiterated Rating Jefferies Group Hold $29.00
2016-05-20 Reiterated Rating FBR & Co. Hold
2016-05-20 Downgrade Barclays Overweight to Equal Weight $37.00 to $33.00
2016-05-20 Reiterated Rating FBR & Co Hold
2016-04-28 Boost Price Target RBC Capital Sector Perform $29.00 to $32.00
2016-04-28 Reiterated Rating Cowen and Company Outperform $29.00 to $35.00
2016-04-28 Boost Price Target Royal Bank Of Canada Sector Perform $29.00 to $32.00
2016-04-22 Downgrade Clarkson Capital Buy to Neutral
2016-04-12 Lower Price Target Susquehanna $34.00 to $32.00
2016-04-08 Initiated Coverage Nomura Neutral $26.00
2016-04-08 Initiated Coverage Nomura Holdings Inc. Neutral $26.00
2016-03-25 Lower Price Target Capital One Financial Corp. Equal Weight $27.00
2016-03-11 Upgrade Goldman Sachs Neutral to Buy $30.50
2016-03-11 Upgrade Goldman Sachs Group Inc. Neutral to Buy $30.50
2016-02-29 Lower Price Target FBR & Co. Mkt Perform $31.00 to $28.00
2016-02-25 Lower Price Target Susquehanna Neutral $38.00 to $36.00
2016-02-22 Lower Price Target Macquarie Neutral $28.00 to $27.00
2016-02-20 Reiterated Rating Scotiabank Sector Outperform $42.00 to $35.00
2016-02-18 Lower Price Target Susquehanna Positive $37.00 to $34.00
2016-02-18 Lower Price Target Howard Weil Sector Outperform $42.00 to $35.00
2016-02-18 Lower Price Target KLR Group Buy $43.00 to $40.00
2016-02-18 Lower Price Target JPMorgan Chase & Co. Neutral $33.00 to $30.00
2016-02-18 Lower Price Target Jefferies Group Hold $29.00 to $25.00
2016-02-18 Lower Price Target Iberia Capital Outperform $41.00 to $34.00
2016-02-18 Boost Price Target Evercore ISI Buy $27.00 to $29.00
2016-02-18 Lower Price Target Credit Suisse Neutral $29.00 to $26.00
2016-02-18 Lower Price Target BMO Capital Markets $31.00 to $29.00
2016-02-18 Lower Price Target Cowen and Company Outperform $37.00 to $29.00
2016-02-17 Reiterated Rating FBR & Co. Market Perform
2016-01-26 Downgrade Capital One Financial Corp. Overweight to Equal Weight
2016-01-25 Downgrade Tudor Pickering Accumulate to Hold
2016-01-21 Lower Price Target Robert W. Baird $36.00 to $29.00
2016-01-13 Lower Price Target Citigroup Inc. $39.00 to $27.00
2016-01-11 Initiated Coverage Oppenheimer Market Perform to Market Perform
2016-01-11 Initiated Coverage Oppenheimer Holdings Inc. Market Perform to Market Perform
2016-01-08 Upgrade Societe Generale Hold to Buy $36.00
2015-12-18 Lower Price Target RBC Capital Sector Perform $37.00 to $33.00
2015-12-14 Initiated Coverage KLR Group Buy $43.00
2015-11-30 Upgrade Guggenheim Neutral to Buy $45.00
2015-10-26 Downgrade Global Hunter Securities Buy
2015-10-26 Downgrade Seaport Global Securities Buy to Accumulate $38.00 to $37.00
2015-10-19 Boost Price Target Susquehanna Positive $39.00 to $40.00
2015-10-15 Lower Price Target Societe Generale Hold $40.00 to $38.00
2015-10-06 Lower Price Target Citigroup Inc. Neutral $37.00 to $32.00
2015-10-05 Upgrade Citigroup Inc. Accumulate to Buy $37.00 to $38.00
2015-10-05 Upgrade Seaport Global Securities Accumulate to Buy $38.00
2015-09-17 Boost Price Target Howard Weil $40.00 to $42.00
2015-09-16 Lower Price Target Susquehanna Positive $41.00 to $39.00
2015-09-11 Lower Price Target Jefferies Group $31.00
2015-09-09 Lower Price Target Macquarie Neutral $37.00 to $36.00
2015-09-04 Upgrade Credit Suisse Underperform to Neutral $29.00
2015-09-03 Lower Price Target HSBC Buy $45.00 to $42.00
2015-08-26 Boost Price Target JPMorgan Chase & Co. Neutral $37.00 to $38.00
2015-07-31 Boost Price Target Deutsche Bank Hold $43.00 to $45.00
2015-07-31 Boost Price Target Deutsche Bank AG Hold $43.00 to $45.00
2015-07-25 Reiterated Rating Griffin Securities Neutral
2015-07-23 Reiterated Rating BMO Capital Markets Hold $43.00 to $40.00
2015-07-23 Lower Price Target Robert W. Baird Neutral $49.00 to $40.00
2015-07-23 Lower Price Target Cowen and Company Outperform $48.00 to $42.00
2015-07-23 Lower Price Target Barclays Overweight $48.00 to $40.00
2015-07-23 Upgrade Jefferies Group Underperform to Hold $33.00 to $32.00
2015-07-23 Upgrade FBR & Co. Underperform to Market Perform $31.00
2015-07-14 Upgrade HSBC Hold to Buy
2015-07-08 Lower Price Target Citigroup Inc. Neutral $45.00 to $44.00
2015-07-08 Initiated Coverage Macquarie Neutral $44.00
2015-05-29 Initiated Coverage JPMorgan Chase & Co. Neutral $41.00
2015-05-11 Lower Price Target Citigroup Inc. Neutral $46.00 to $45.00
2015-04-27 Downgrade Global Hunter Securities Buy to Accumulate $51.00 to $46.00
2015-04-27 Upgrade Wells Fargo & Co. Market Perform to Outperform
2015-04-27 Upgrade Wells Fargo Market Perform to Outperform
2015-04-27 Downgrade Seaport Global Securities Buy to Accumulate $51.00 to $46.00
2015-04-24 Reiterated Rating Citigroup Inc. Neutral $45.00 to $46.00
2015-04-23 Reiterated Rating Jefferies Group Underweight $31.00 to $33.00
2015-04-15 Lower Price Target Susquehanna Positive $49.00 to $46.00
2015-04-13 Downgrade Raymond James Outperform to Market Perform $52.00
2015-04-13 Downgrade Raymond James Financial Inc. Outperform to Market Perform $52.00
2015-03-23 Lower Price Target Barclays Overweight $54.00 to $48.00
2015-03-17 Initiated Coverage GMP Securities Reduce
2015-03-11 Downgrade FBR & Co. Market Perform to Underperform $50.00 to $31.00
2015-02-18 Initiated Coverage BMO Capital Markets Market Perform $47.00
2015-02-12 Lower Price Target Barclays Overweight $57.00 to $54.00
2015-02-12 Lower Price Target Howard Weil Outperform to Sector Outperform $53.00 to $49.00
2015-02-12 Downgrade Credit Suisse Neutral to Underperform $53.00 to $28.00
2015-02-12 Downgrade Citigroup Inc. Buy to Neutral
2015-02-10 Reiterated Rating William Blair Market Perform
2015-02-05 Initiated Coverage Griffin Securities Neutral
2015-02-02 Downgrade Jefferies Group Hold to Underperform $32.00
2015-01-08 Initiated Coverage Barclays Overweight
2015-01-08 Initiated Coverage KeyBanc Hold
2015-01-08 Initiated Coverage KeyCorp Hold
2015-01-06 Downgrade Societe Generale Buy to Hold $55.00
2014-12-18 Downgrade RBC Capital Outperform to Sector Perform $64.00 to $52.00
2014-12-01 Downgrade Guggenheim Buy to Neutral $70.00 to $50.00
2014-11-21 Initiated Coverage Citigroup Inc. Buy $68.00
2014-10-23 Initiated Coverage Credit Suisse Neutral $72.00 to $62.00
2014-10-15 Initiated Coverage Evercore ISI Buy
2014-09-24 Initiated Coverage Wells Fargo & Co. Market Perform
2014-09-24 Initiated Coverage Wells Fargo Market Perform
2014-09-16 Downgrade FBR & Co. Outperform to Market Perform $68.00 to $58.00
2014-07-28 Boost Price Target Global Hunter Securities $67.00 to $73.00
2014-07-28 Boost Price Target Seaport Global Securities $67.00 to $73.00
2014-07-24 Reiterated Rating Credit Suisse Neutral $60.00 to $72.00
2014-07-24 Reiterated Rating Jefferies Group Hold $57.00 to $65.00
2014-07-24 Boost Price Target RBC Capital Outperform $68.00 to $71.00
2014-07-24 Boost Price Target Howard Weil Outperform to Sector Outperform $68.00 to $71.00
2014-07-24 Boost Price Target Johnson Rice $74.00
2014-07-15 Boost Price Target Susquehanna $69.00 to $72.00
2014-07-10 Boost Price Target Goldman Sachs $59.00 to $66.00
2014-06-12 Initiated Gabelli & Co Hold $61
2014-06-12 Initiated Coverage Gabelli Hold $61.00
2014-04-25 Upgrade BMO Capital Markets Market Perform to Outperform $51.00 to $75.00
2014-04-24 Reiterated Rating Jefferies Group Hold $57.00
2014-04-24 Reiterated Rating Citigroup Inc. Buy $70.00
2014-04-24 Boost Price Target Societe Generale $63.00 to $71.00
2014-04-24 Boost Price Target Howard Weil Sector Outperform $60.00 to $65.00
2014-04-24 Boost Price Target FBR & Co. Outperform $62.00 to $68.00
2014-04-24 Boost Price Target Cowen and Company Outperform $62.00 to $69.00
2014-04-16 Boost Price Target JPMorgan Chase & Co. $59.50 to $65.00
2014-04-02 Boost Price Target Susquehanna $59.00 to $62.00
2014-02-11 Upgrade Societe Generale Buy
2014-02-10 Upgrade Raymond James Market Perform to Outperform
2014-02-10 Downgrade William Blair Outperform to Market Perform
2014-01-16 Downgrade Societe Generale Buy to Hold
2014-01-15 Downgrade Societe Generale Buy to Hold
2014-01-13 Downgrade Evercore ISI Strong-Buy to Neutral
2014-01-07 Lower Price Target Cowen and Company Outperform $70.00 to $62.00
2013-12-19 Lower Price Target JPMorgan Chase & Co. Overweight $63.00 to $62.00
2013-12-17 Boost Price Target Barclays Equal Weight $58.00 to $64.00
2013-12-16 Upgrade Goldman Sachs Sell to Neutral $57.00
2013-12-06 Initiated Coverage FBR & Co. Outperform
2013-12-05 Upgrade Susquehanna Neutral to Positive
2013-11-04 Reiterated Rating Jefferies Group Hold $55.00 to $49.00
2013-10-28 Lower Price Target JPMorgan Chase & Co. Overweight $72.00 to $63.00
2013-10-28 Upgrade Guggenheim Neutral to Buy $60.00
2013-10-24 Lower Price Target RBC Capital Outperform $64.00 to $62.00
2013-10-24 Lower Price Target Jefferies Group Hold $57.00 to $55.00
2013-10-24 Lower Price Target Barclays Equal Weight $61.00 to $58.00
2013-10-14 Initiated Coverage Robert W. Baird Neutral $65.00
2013-10-07 Initiated Coverage Clarkson Capital Outperform
2013-09-20 Reiterated Rating Barclays Hold $61.00
2013-09-20 Boost Price Target Global Hunter Securities Buy $66.00 to $71.00
2013-07-24 Reiterated Cowen Outperform $67 to $70
2013-05-21 Reiterated Howard Weil Sector Outperform $55 to $65
2012-10-29 Reiterated Dahlman Rose Hold $46 to $42
2016-07-10 Reiterated Rating Jefferies Group Hold
2016-06-25 Reiterated Rating Citigroup Inc. Neutral $29.00
2016-06-02 Reiterated Rating Credit Suisse Hold $26.00
2016-06-02 Reiterated Rating Credit Suisse Group AG Hold $26.00
2016-06-01 Reiterated Rating Jefferies Group Hold $29.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Pfeiffer Johan Fredrik VP, Surface Technologies 0.06%  (143693) FTI / TYC /
BOWLIN MICHAEL R 0.05%  (116767) EW / FTI /
MOONEY EDWARD J 0.04%  (104164) CCMP / FMC / FTI / NTRS /
DEVINE CAROLINE MAURY 0.03%  (78984) FTI / JBT /
CARR JEFFREY W SR VP, Sec. and General Counse 0.03%  (63212) FTI /