Reading FTI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FTI free→Reading FTI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FTI free→NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-06-12
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality is also neutral, indicating some variability in cash backing reported profits. Management's recent track record has been steady, while risk is moderate, and the sector backdrop is a headwind, which may challenge growth. Compared with sector peers, FTI is above typical. Peer multiples imply a price about 12% below where it trades (it looks expensive on this basis); the read is fair. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 7 valuation methods, at three horizons. Current price $70.79. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $71 FTI trades at 26× p/e, in line with its 22× p/e peer median. Our $62 fair value reflects that, high confidence. Analysts: $62–$83. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 15% near-term growth, in line with our forecast of about 12%. This describes what's priced in, not a forecast of the move.
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated neutral grew net income 53% of the time over the next year (vs 60% for the rest of the cohort, n=1255).
Over the trailing year it converted 1.53x of net income into operating cash flow. Historically, Energy names rated neutral grew net income 33% of the time over the next year (vs 48% for the rest of the cohort, n=789).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.80 → $0.80 (+0.5% / 30d). 8 raised, 1 cut, 11 covering analysts.
0 upgrades, 0 downgrades / 30d. 64% of analysts rate Buy.
1 PT revisions / 30d. Avg target 17.8% above current price.
0 positive, 0 negative / 30d.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$146.
How much price usually moves either way.
On a bad day, this stock has moved -$294.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,321.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Maintaining the dividend signals strong cash flow and commitment to shareholders. It reflects financial health.
Confirms:Dividend per share remains at $0.05 in Q2.
Disproves:Dividend per share is cut below $0.05 in Q2.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for FTI yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Director — Eric Mullins: Eric Mullins was elected to the Board and appointed to the Audit Committee.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$62.00 – $83.00 (median $70.00) · 9 analysts · as of 2026-06-03
Looks more expensive than peers.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Oil & Gas Equipment & Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
FTI TechnipFMC | Above typical Show detailsSector percentile: 78 of 100 | full | moderate |
SLB Schlumberger | Typical Show detailsSector percentile: 60 of 100 | full | moderate |
BKR Baker Hughes | Above typical Show detailsSector percentile: 77 of 100 | full | moderate |
HAL Halliburton | Above typical Show detailsSector percentile: 79 of 100 | fair | moderate |
NOV NOV Inc. | Below typical Show detailsSector percentile: 27 of 100 | inexpensive | moderate |
2 material management or governance events in the past 24 months, led by executive changes. Historically, Energy names rated stable grew net income 53% of the time over the next year (vs 45% for the rest of the cohort, n=249).
Not investment advice. As of 2026-06-12.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
TechnipFMC aims to secure $10 billion in Subsea orders for the year 2026.
TechnipFMC is committed to returning at least 70% of free cash flow to shareholders through dividends and share repurchases.
TechnipFMC aims to enhance capital efficiency and increase free cash flow conversion.
Focus on increasing revenue growth across all segments.
Continue efforts to enhance operating income through efficiency improvements.
Why it matters: Keeping this guidance shows TechnipFMC wants to give cash back to shareholders.
Confirms:Free cash flow guidance confirmed at or above $1.3 billion.
Disproves:Free cash flow guidance revised down to below $1.2 billion.
Why it matters: A stable backlog shows TechnipFMC has good revenue potential in the future.
Confirms:Backlog reported at or above $15 billion.
Disproves:Backlog is reported at less than $14.5 billion.
Why it matters: Higher operating income growth shows good cost management. This is important for investor trust.
Confirms:Operating income growth reported above 20% year over year for Q2.
Disproves:Operating income growth reported below 10% year over year for Q2.
Why it matters: Meeting this target supports TechnipFMC's goal of $10 billion in Subsea orders for 2026.
Confirms:Q2 Subsea orders reported at or above $2 billion.
Disproves:Q2 Subsea orders fall below $1.5 billion.
Why it matters: Strong revenue growth shows TechnipFMC is gaining more market share.
Confirms:Q2 revenue growth reported above 10% year over year.
Disproves:Q2 revenue growth reported below 5% year over year.
Results of Operations and Financial Condition On April 30, 2026 , TechnipFMC plc (the "Company") issued a news release announcing its financial results for the fiscal quarter ended March 31, 2026. A copy of the news release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
Shareholders approved an amendment to the incentive award plan.