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Last $39.79 USD
Change Today +0.14 / 0.35%
Volume 2.6M
FTI On Other Exchanges
New York
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

fmc technologies inc (FTI) Snapshot

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52 Week High
07/24/14 - $63.92
52 Week Low
01/29/15 - $34.85
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Current Stock Chart for FMC TECHNOLOGIES INC (FTI)

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fmc technologies inc (FTI) Details

FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. The company operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments. The Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas; and well access and flow management services, including installation and workover tools, service technicians for installation assistance, and field support services. This segment also provides electric and hydraulic work-class remotely operated vehicle, tether-management, launch and recovery, remote manipulator arms, and modular control systems for subsea applications, as well as support services, such as product training, pilot simulator training, spare parts, technical assistance, and logistics support; and offers multiphase and wetgas meters with applications for oil and gas recovery, early water detection, and reservoir optimization. The Surface Technologies segment offers wellhead systems for standard and custom-engineered applications; fluid control products for the well completion and stimulation activities; and flowback services, cased hole electric wireline and slickline services, specialty logging services, pressure transient analysis, and well optimization services. The Energy Infrastructure segment provides measurement products for applications, such as custody transfer, fiscal measurement, and batch loading and deliveries, as well as design, engineering, project management, training, commissioning, and aftermarket services; fluid loading and transfer systems for ship-to-ship loading and offloading operations; systems that separate production flows from wells into oil, gas, sand, and water; and automation, control, and information technology services. The company serves lubricant, petroleum, fuel blending, additive and chemical, and oil and gas industries. FMC Technologies, Inc. was founded in 2000 and is headquartered in Houston, Texas.

20,300 Employees
Last Reported Date: 02/20/15
Founded in 2000

fmc technologies inc (FTI) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $974.2K
President and Chief Operating Officer
Total Annual Compensation: $737.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $548.3K
Senior Vice President of Subsea Technologies
Total Annual Compensation: $524.0K
Compensation as of Fiscal Year 2014.

fmc technologies inc (FTI) Key Developments

FMC Technologies Wins $297 Million Contract for Subsea Production Systems for Shah Deniz Stage 2 Project

FMC Technologies announced that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, about 100km south of Baku. The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project.

FMC Technologies, Inc. and Technip Complete Forsys Subsea

FMC Technologies, Inc. and Technip announced that Forsys Subsea, a 50/50 joint venture, has received all regulatory approvals. The parties closed the transaction making Forsys Subsea operational on June 1, 2015. Forsys Subsea is a joint venture formed as part of a broader alliance between FMC Technologies and Technip that unites the skills and capabilities of two subsea leaders to redefine the way subsea fields are designed, delivered and maintained. By combining the technologies of the parent companies, Forsys Subsea will reduce the interfaces of the subsea umbilical, riser and flowline systems (SURF) and subsea production and processing systems (SPS). It will also simplify the seabed layout, thereby reducing complexity, accelerating time to first oil, and enabling higher sustainable field production. This unique combination will drive a new, step-change approach to how equipment designs and installation methods converge in a new generation of subsea architecture. The company is headquartered in London, with regional hubs in Houston, Oslo, Paris, Rio de Janeiro and Singapore. The Forsys Subsea leadership team includes Rasmus Sunde (FMC Technologies) as CEO, Alain Marion (Technip) as Chief Technology Officer, Arild Selvig (FMC Technologies) as Senior Vice President and Head of Front-End Engineering, and Gerald Bouhourd (Technip) as Senior Vice President and Head of Life of Field.

FMC Technologies, Inc. Presents at RBC Capital Markets 2015 Global Energy and Power Executive Conference, Jun-02-2015 03:05 PM

FMC Technologies, Inc. Presents at RBC Capital Markets 2015 Global Energy and Power Executive Conference, Jun-02-2015 03:05 PM. Venue: The Ritz Carlton Battery Park Hotel, New York, New York, United States. Speakers: Maryann T. Seaman, Chief Financial Officer and Executive Vice President.


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Price/Sales 1.2x
Price/Book 3.7x
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