TechnipFMC PLC at Barclays Energy-Power Conference Transcript
Over the last four years, TechnipFMC has been far and away the best story in energy services. Trading at under $10 of stock is now up almost 8 times since the period when Upstream spending globally has been flat. They did it by establishing itself as the premier offshore equipment company, reshaping the subsea market and integrated offering an iEPCI approach to transform the industry and structurally lowered costs for the deepwater development. The market has recognized the rarity of capital equipment company having higher orders revenue and margins concurrently. And this window looks to be open for several more years.
My pleasure to introduce Mr. Doug Pferdehirt, who's been CEO of TechnipFMC since 2016. Thank you, Doug.
Thank you, Dave.
Questions & Answers
Doug, a year ago, you sat here with your wind clearly
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