TechnipFMC : Key group to play acceleration of the subsea segment
>Outperform (target price of $ 19) - TechnipFMC, like most of the oil services industry, is optimistic about the outlook for the subsea segment. In the context of a supercycle spanning several years, clients are now looking to secure the availability of certain assets (to ensure greater visibility for the future). Despite a YtD performance of close to 10%, we reiterate our Outperform recommendation on the stock, with an unchanged P/E of $ 19 (obtained by using ...TechnipFMC is global leader in oil and gas projects, technologies, systems, and services. Co. offers subsea, surface, onshore, and offshore solutions for oil and gas projects. Co. serves customers worldwide. With Co.'s technologies and production systems, integrated expertise, and comprehensive solutions, Co. is transforming Co.'s clients' project economics. Co. is uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, Co.'s offering unlocks new possibilities for Co.'s clients in developing their oil and gas resources.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.