TechnipFMC PLC (NYSE:FTI)
$ 72.07 +0.060 (+0.08%) Market Cap: 28.73 Bil Enterprise Value: 29.09 Bil PE Ratio: 27.51 PB Ratio: 8.54 GF Score: 64/100

TechnipFMC PLC at Bernstein Strategic Decisions Conference Transcript

May 27, 2026 / 01:00PM GMT
Release Date Price: $67.41 (-5.60%)
Guillaume Delaby
Sanford C Bernstein & Co LLC - Analyst

Good morning, everybody. Thank you very much for being here. So welcome at this SDC conference.

I would like also to thank you very much, Doug Pferdehirt, Chairman and CEO of TechnipFMC to be here. It is a great honor to have you on this scene, Doug. thank you very much.

And maybe on a more personal way, I would say it's also a big pleasure to have you. Doug and I have been knowing each other for now 11 years. So it comes back to 2016, 2017, the Technip-FMC merger. At that time you were Chief Operating Officer of legacy FMC Technologies. And maybe at the time of the merger, were you asking yourself, like at some stage, Charles de Gaulle, hey, how can I run a company in a country with as many as 246 different types of cheese?

It's a good question. Years after years, there have been ups and downs, but the vision became reality and TechnipFMC started to massively outperform the sector starting in H2 2022. So my, I would say the skeleton of this discussion is going to be very simple, the past, -- in fact, the past, it

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