Sector: Energy | Industry: Oil Related Services and Equipment |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Hadrian House, Wincomblee Road LONDON NE6 3PL |
Tel: | 1-281-2603665 |
Website: | https://www.technipfmc.com |
IR: | See website |
Key People | ||
Douglas J. Pferdehirt Chairman of the Board, Chief Executive Officer | Alf Melin Chief Financial Officer, Executive Vice President | Thierry Conti President - Surface Technologies |
Jonathan Landes President - Subsea | Justin Rounce Executive Vice President, Chief Technology Officer | Cristina Aalders Executive Vice President, Chief Compliance Officer, Chief Legal Officer, Secretary |
Nisha Rai Executive Vice President - People and Culture | Luana Duffe Executive Vice President, New Energy | David Light Senior Vice President, Chief Accounting Officer, Controller |
Business Overview |
TechnipFMC plc is a United Kingdom-based technology company, which operates in the energy industry. The Company is focused on delivering fully integrated projects, products, and services. The Company operates through two segments: Subsea and Surface Technologies. The Subsea segment manufactures and designs products and systems, performs engineering, procurement and project management and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas. The Surface Technologies segment designs, manufactures and supplies technologically advanced wellhead systems and high-pressure valves and pumps used in stimulation activities for oilfield service companies and provides installation, flowback and other services for exploration and production companies. The Company operates across various countries, including the United States; Brazil; Norway; the United Kingdom; Guyana, and all other countries. |
Financial Overview |
For the three months ended 31 March 2024, TechnipFMC PLC revenues increased 19% to $2.04B. Net income increased from $400K to $157.1M. Revenues reflect Latin America segment increase of 50% to $702.1M, Africa segment increase of 40% to $308.5M, Asia Pacific segment increase of 27% to $114.2M. Net income benefited from Subsea segment income increase from $66.8M to $156.6M, Surface Technologies segment income increase from $22.4M to $103.4M. |
Employees: | 22,762 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $11,888M as of Mar 31, 2024 |
Annual revenue (TTM): | $8,149M as of Mar 31, 2024 |
EBITDA (TTM): | $1,026M as of Mar 31, 2024 |
Net annual income (TTM): | $212.90M as of Mar 31, 2024 |
Free cash flow (TTM): | $689.20M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $424.10M as of Mar 31, 2024 |
Shares outstanding: | 430,973,995 as of Apr 24, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |