FTI secures a substantial iEPCI contract from BP for Kaskida Development in the Gulf of Mexico, enhancing subsea production with innovative high-pressure solutions.
FTI's total backlog reached a historic high of $13.9 billion in the second quarter of 2024.
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FTI bags two major contracts from Petrobras to enhance subsea production systems, extending its expertise in Brazil's pre-salt oil fields.
FTI, MUSA and SUN are three energy stocks with strong EPS trends that investors may want to consider at a discount.
The expected dayrate increase will help specialized deepwater operators like FTI and SLB.
TechnipFMC has been growing impressively. The offshore/subsea markets where the company mainly operates are resilient despite lower oil prices. The company generates free cash flow and channels it into buybacks; this suggests the current drawdown may not last long.
FTI's total backlog reached a historic high of $13.9 million in the second quarter of 2024.
FCN benefits from a diversified revenue stream, specialized industry expertise and its global reach.
Here is how FMC Technologies (FTI) and Precision Drilling (PDS) have performed compared to their sector so far this year.
A robust and resilient subsea market will benefit specialized operators like TechnipFMC (FTI) and SLB (SLB).
Does FMC Technologies (FTI) have what it takes to be a top stock pick for momentum investors? Let's find out.