Headquartered in London, TechnipFMC plc (FTI) engages in the oil and gas projects, technologies, and systems and services businesses. It operates through two segments, Subsea and Surface Technologies.
FTI shares have declined 42.9% in price over the past year and 12.5% over the past six months to close its last trading session at $6.96. However, recent positive developments at the company and considerable hedge fund interest helped the stock to surge 19.5% in price over the past month.
