FTI has been in the pre-market trading activity for several days. This can often lead to a sudden momentum action. Oil stocks tend to react to crude oil commodity pricing which has recently been in a speculative mode.
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...
TechnipFMC plc is involved in oil and gas projects, and provides related technologies, systems and services. The Company’s segments include subsea, onshore/offshore and surface projects. It offers a range of products and services and integrated solutions. Its Subsea products include trees, manifolds, controls, templates, flowline systems and umbilicals. Its Subsea services include drilling; installation, completion and life of field; asset management; well intervention, and inspection, maintenance and repair, and remotely operated vehicles and manipulator systems. The Onshore segment provides liquefied natural gas, gas treatment, petrochemicals and fertilizers, refining and hydrogen, and mining and metals. Its offshore services include fixed facilities and floating facilities. Its surface project segment offers a product and service platform, which gives customers access to solutions in measurement and production systems, surface wellhead systems and integrated services.
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FTI
