TechnipFMC PLC

FTI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Backlog Mix Drives Strong Performance in Subsea Segment

Joshua Aguilar , Adam Baker

Aug 15, 2024

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 2021 spinoff of Technip Energies (representing the firm’s onshore E&C business) transformed TechnipFMC into a pure-play technology and service provider for the offshore market.

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TechnipFMC PLC

Backlog Mix Drives Strong Performance in Subsea Segment

Business Strategy and Outlook

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