Last $60.80 USD
Change Today -1.37 / -2.20%
Volume 2.0M
FTI On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

fmc technologies inc (FTI) Snapshot

Open
$61.91
Previous Close
$62.17
Day High
$62.15
Day Low
$60.74
52 Week High
07/24/14 - $63.92
52 Week Low
11/27/13 - $47.58
Market Cap
14.3B
Average Volume 10 Days
1.7M
EPS TTM
$2.56
Shares Outstanding
234.9M
EX-Date
--
P/E TM
23.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for FMC TECHNOLOGIES INC (FTI)

fmc technologies inc (FTI) Related Businessweek News

View More BusinessWeek News

fmc technologies inc (FTI) Details

FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. Its Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas, as well as installation and workover tools, service technicians for installation assistance, and field support for commissioning, intervention, and maintenance of its subsea systems. This segment also provides electric and hydraulic work-class remotely operated vehicle systems, tether-management, launch and recovery, remote manipulator arms, and modular control systems for subsea applications, as well as support services for subsea control systems for subsea exploration and production; and multiphase and wetgas meters for the production and surface well testing, reservoir monitoring, remote operation, process monitoring and control, and artificial lift optimization. The company’s Surface Technologies segment offers surface wellheads for standard, custom-engineered, and critical service applications; fluid control products for the well completion and stimulation activities; and fracturing flowback, cased hole electric wireline and slickline, specialty logging, pressure transient analysis, optimization and swabbing services for exploration companies in the oil and gas industry. Its Energy Infrastructure segment offers measurement systems for the custody transfer of crude oil, natural gas, and refined products, as well as design, engineering, project management, training, commissioning, and aftermarket services; fluid loading and transfer systems to the oil and gas, petrochemical, and chemical industries; systems that separate production flows from wells into oil, gas, sand, and water; and automation, control, and information technology for the oil and gas, and other industries. The company was founded in 2000 and is headquartered in Houston, Texas.

19,300 Employees
Last Reported Date: 02/21/14
Founded in 2000

fmc technologies inc (FTI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $937.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $525.9K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $712.3K
Senior Vice President of Subsea Technologies
Total Annual Compensation: $544.1K
Vice President of Surface Technologies
Total Annual Compensation: $446.5K
Compensation as of Fiscal Year 2013.

fmc technologies inc (FTI) Key Developments

FMC Technologies, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30 2014; Revises Earnings Guidance for the Year 2014

FMC Technologies, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue was $1,985.3 million compared to $1,707.9 million for the same period a year ago. Income before net interest expense and income taxes was $343.7 million compared to $156.7 million for the same period a year ago. Income before income taxes was $335.4 million compared to $147.9 million for the same period a year ago. Net income attributable to the company was $226.3 million compared to $105.2 million for the same period a year ago. Diluted earning per share was $0.95 compared to $0.44 for the same period a year ago. For the quarter ended net debt was $928 million. For the six months, the company reported revenue was $3,809.7 million compared to $3,353.9 million for the same period a year ago. Income before net interest expense and income taxes was $555.4 million compared to $297.2 million for the same period a year ago. Income before income taxes was $538.9 million compared to $280.3 million for the same period a year ago. Net income attributable to the company was $361.5 million compared to $207.6 million for the same period a year ago. Diluted earning per share was $1.52 compared to $0.87 for the same period a year ago. Net cash provided by operating activities were $235.8 million compared to $271.6 million for the same period a year ago. Capital expenditures were $180.0 million compared to $156.7 million for the same period a year ago. The company revised earnings guidance for the year 2014. The company's guidance range for 2014 diluted earnings per share has been increased to $2.70 to $2.80, which excludes the gain associated with the sale of the Material Handling Products business. The company now anticipates 2014 tax rate to be between 32% and 34% for the full year. The company expects capital spending in 2014 to be approximately $400 million.

FMC Technologies, Inc. Announces Agreement with Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell to Develop a New Generation of Subsea Production Equipment

FMC Technologies, Inc. announced that it has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet the challenges of producing oil and gas from deepwater reservoirs with pressures of up to 20,000 psi and temperatures of 350degF at the mudline. FMC Technologies brings four operators together to jointly develop subsea equipment and systems that will meet the technical challenges of high pressures and temperatures, and will serve to improve overall deepwater development through the standardization of materials, processes, and interfaces, as well as the enhancement of reliability and operability.

FMC Technologies, Inc. Presents at RBC Capital Markets Global Energy & Power Conference, Jun-03-2014 01:05 PM

FMC Technologies, Inc. Presents at RBC Capital Markets Global Energy & Power Conference, Jun-03-2014 01:05 PM. Venue: Ritz-Carlton Battery Park Hotel, New York, New York, United States. Speakers: Maryann T. Seaman, Chief Financial Officer and Executive Vice President.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FTI:US $60.80 USD -1.37

FTI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aker Solutions ASA 93.20 NOK -0.10
Cameron International Corp $70.91 USD -1.93
Dover Corp $85.76 USD -1.51
Nabors Industries Ltd $27.16 USD -1.53
Rockwell Collins Inc $73.27 USD -0.74
View Industry Companies
 

Industry Analysis

FTI

Industry Average

Valuation FTI Industry Range
Price/Earnings 22.6x
Price/Sales 1.9x
Price/Book 5.6x
Price/Cash Flow 22.3x
TEV/Sales 1.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FMC TECHNOLOGIES INC, please visit www.fmctechnologies.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.