TechnipFMC PLC rises amid market decline
TechnipFMC PLC saw a price increase of 5.00% during regular trading, as the stock crossed above its 5-day SMA. This movement occurs amid broader market weakness, with the Nasdaq-100 down 0.44% and the S&P 500 down 0.15%. The stock's rise suggests sector rotation as investors seek opportunities in specific sectors despite the overall market decline.
The positive movement aligns with a shift in investor focus, indicating that TechnipFMC PLC is benefiting from sector rotation, even as the broader market shows signs of weakness. This could reflect a growing interest in energy and engineering sectors, which may be perceived as undervalued compared to other areas of the market.
Investors will be watching closely to see if this trend continues, particularly as earnings reports and other economic indicators are released in the coming weeks. The stock's ability to maintain its upward trajectory could signal a strong recovery in its sector.
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- Earnings Announcement Date: TechnipFMC is set to release its Q4 2023 earnings on February 19 before market open, with a consensus EPS estimate of $0.52, reflecting a 3.7% year-over-year decline, which may influence investor expectations regarding the company's future profitability.
- Revenue Growth Expectations: The anticipated revenue for Q4 is $2.54 billion, representing a 7.2% year-over-year increase, indicating a positive performance amid market recovery, which could bolster investor confidence and drive stock price appreciation.
- Historical Performance Metrics: Over the past two years, TechnipFMC has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, showcasing the company's reliability in financial forecasting, which helps enhance market confidence in its future performance.
- Estimate Revision Trends: In the last three months, EPS estimates have seen four upward revisions and two downward adjustments, while revenue estimates experienced three upward revisions and two downward adjustments, reflecting varying market perspectives on TechnipFMC's future performance, potentially influencing investor decisions.
- Strong Contract Backlog: TechnipFMC currently holds a substantial subsea contract backlog of nearly $16 billion, ensuring robust revenue visibility through 2026 and beyond, provided oil prices remain stable, which secures the company's future growth prospects.
- Revenue Guidance Upward: Management has guided subsea revenue to be between $9.1 billion and $9.5 billion in 2026, reflecting sustained demand and market confidence in the oil and gas sector, while also indicating potential improvements in profitability.
- Stock Buyback Initiative: The company initiated a $2 billion stock buyback program in October, combined with $300 million from a prior program, totaling approximately 9.2% of TechnipFMC's current market capitalization, aimed at enhancing shareholder value and boosting market confidence.
- Impressive Stock Performance: Since mid-2022, TechnipFMC's stock has surged by an astonishing 1,000%, although its operational performance has not grown at the same pace, indicating high market expectations for its future potential.
- Industry Performance Reversal: In 2026, oilfield services stocks have surged, with the VanEck Oil Services ETF (NYSE: OIH) rallying nearly 30% year-to-date through February 4, marking it as the best-performing industry group this year and indicating a significant shift in capital flows.
- Structural Re-rating: Jeff Krimmel of Krimmel Strategy Group emphasizes that this rally is not merely momentum-driven but reflects a structural re-rating of oil-related equities, which could reshape capital flows and investment priorities over the next decade.
- Relative Performance Boost: Year-to-date, oilfield services stocks have outperformed software by nearly 60 percentage points, pushing their relative performance ratio to its highest level since November 2023, showcasing investors' preference for value-linked energy plays.
- Sustainable Growth Potential: As market confidence in oilfield services strengthens, attention shifts to whether these companies can convert operational momentum into sustainable earnings growth, indicating that the oilfield services sector is regaining investor focus.
- European Market Performance: Despite ongoing tariff threats from the Trump administration, Europe's largest equity index, the STOXX 600, has risen over 4% year-to-date, reflecting strong market confidence and suggesting it will continue to outperform U.S. markets.
- Rio Tinto Stock Surge: The company has seen its stock price increase by over 35% in the last three months, currently trading at a price-to-earnings ratio of 12.5 and offering a 4% dividend yield, which positions it favorably among mining peers and attracts investor interest.
- ASML's Technological Leadership: As Europe's most crucial tech company, ASML's EUV machines cost upwards of $300 million each, with annual sales of about 40 units; despite its high valuation, a gross margin of 52% keeps it attractive to investors, likely driving further stock price increases.
- Constellium Stock Rise: The aluminum products manufacturer saw its rating upgraded by Wells Fargo from Neutral to Overweight, with a price target raised to $25, representing over 45% upside, and the upcoming earnings report is expected to further boost the stock price.
- Earnings Call Schedule: TechnipFMC will host its Q4 2025 earnings conference call on February 19, 2026, at 1:30 p.m. London time, with a press release issued at approximately 11:45 a.m. London time, ensuring timely access to critical information for investors.
- Live Webcast Availability: The event will be webcast live via the Investor Relations website, allowing investors to register for participation, and a replay will be available post-event, enhancing information transparency and investor engagement.
- Company Background: TechnipFMC is a leading technology provider to traditional and new energy sectors, committed to helping clients reduce carbon intensity and support energy transition through proprietary technologies and comprehensive solutions, showcasing its technological leadership in the industry.
- Employee Commitment and Culture: With approximately 21,000 employees dedicated to client success, the company fosters a culture of strong execution, purposeful innovation, and challenging industry conventions, indicating its proactive role in industry transformation.

- Conference Announcement: TechnipFMC's CEO Doug Pferdehirt will speak at the Goldman Sachs Energy, CleanTech & Utilities Conference on January 6, 2026, at 1:40 p.m. ET in Aventura, FL, highlighting the company's leadership in energy transition.
- Live Webcast: The event will feature a live webcast accessible via the company's Investor Relations website, ensuring transparency and enhancing engagement with investors.
- Audio Replay: An audio replay of the webcast will be available on the company’s website for 180 days post-event, allowing investors who cannot attend live to access the information, thereby improving information dissemination.
- Company Overview: TechnipFMC is a leading technology provider to traditional and new energy sectors, committed to reducing carbon intensity and supporting energy transition through proprietary technologies and comprehensive solutions, showcasing its innovative capabilities and market impact in the industry.










