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MarketScreener Homepage  >  Equities  >  Nyse  >  TechnipFMC    FTI   GB00BDSFG982

TECHNIPFMC

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TechnipFMC : ADIPEC 2019

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11/05/2019 | 12:20pm EST

Feature | November 5, 2019

ADIPEC 2019

Having more than five decades of engagement in the Middle East, TechnipFMC is the leading oil and gas company in this region, providing technological solutions, equipment and services, engineering and consultancy services as well as turnkey contracting and construction expertise in Onshore/Offshore, Subsea and Surface Technologies.

We have successfully executed more than 500 projects in the region, including key references such as Jebel Ali Refinery, Bapco Modernization Program, Jebel refinery, Borouge 4 mixed feed cracker, Sulphate Reduction Plant (SRP), Umm Lulu Phase II platform, Rabigh Refinery, and more.

TechnipFMC will be part of the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) 2019 that will be held from 11 to 14 November at the Abu Dhabi national exhibition center (ADNEC), UAE. This event will be a place to learn about new technologies and innovation, share best practices and unlock the possibilities. It will be an opportunity to meet our clients, partners and suppliers, discuss market trends and perspectives for driving business and connect and network with the numerous exhibiting companies and visitors who will attend the conference.During these four days, TechnipFMC will have a booth and will be presenting its global offerings in Onshore, Offshore, Subsea and Surface technologies.

Our President Onshore-Offshore, Catherine Macgregor, will be speaking in the Oil & Gas 4.0 strategic conference in one of the Leaders panel session dealing with the topic: 'Sustaining industry momentum in downstream: how will companies build an agile and resilient business model capable of withstanding the inevitable cyclical highs and lows in the years ahead?'

In Abu Dhabi, through our long-standing presence and expertise of more than 40 years in providing a full range of services and equipment across the project lifecycle, our operating and engineering teams play a central role in the company's regional growth strategy. TechnipFMC is fully committed in its ongoing effort to build and maintain long-term relationships with local clients, supporting them at the very early stage of their projects. We also have an 18,000-square-meter ICAD Surface facility in Abu Dhabi which provides our clients with servicing, packaging, repair and support for all aftermarket needs.

Visit us at ADIPEC booth 7150 to learn more! You will discover our digital corner offering virtual reality experience through our facilities or technologies. Don't miss to scan the QR code to know about all our offerings in the oil and gas market.

We look forward to seeing you in ADIPEC 2019 #ADIPEC #Booth7150

Want to know more on our expertise in Onshore Offshore and Surface Technologies?

Disclaimer

TechnipFMC plc published this content on 05 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2019 17:19:17 UTC

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Financials (USD)
Sales 2019 13 531 M
EBIT 2019 1 129 M
Net income 2019 459 M
Finance 2019 532 M
Yield 2019 2,73%
P/E ratio 2019 20,5x
P/E ratio 2020 13,3x
EV / Sales2019 0,59x
EV / Sales2020 0,52x
Capitalization 8 494 M
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Mean consensus BUY
Number of Analysts 34
Average target price 29,17  $
Last Close Price 19,00  $
Spread / Highest target 126%
Spread / Average Target 53,5%
Spread / Lowest Target -21,1%
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Douglas J. Pferdehirt Chairman & Chief Executive Officer
Maryann T. Mannen Chief Financial Officer & Executive VP
Justin Rounce Chief Technology Officer & Executive VP
Arnaud Caudoux Independent Director
Pascal Colombani Lead Independent Director
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