TechnipFMC PLC
FTI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $54.00 | Bwvj | Hrcrbjqgj |
Increased Investment in Offshore Projects Will Spur Profitable Growth for TechnipFMC
Business Strategy and Outlook
TechnipFMC has cultivated a reputation as a top provider for subsea equipment and services, a factor that’s crucial in a space where customers seek solutions for some of the most challenging engineering problems in the world. The firm’s recent spinoff of its Technip Energies sector (representing the firm’s onshore E&C business) has transformed TechnipFMC into a pure-play technology and service provider for the offshore market.