TechnipFMC plc (FTI) Presents at Barclays 40th Annual Energy-Power Conference Transcript

SA Transcripts 162.12K Followers Follow TechnipFMC plc ( FTI ) Barclays 40th Annual Energy-Power Conference September 8, 2026 12:40 PM EDT Company Participants Douglas Pferdehirt - CEO & Executive Chairman Conference Call Participants John Anderson - Barclays Bank PLC, Research Division Presentation John Anderson Barclays Bank PLC, Research Division Over the last 4 years, TechnipFMC has been far and away the best story in energy services. Trading at under $10 of stock is now up almost 8x 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. Douglas Pferdehirt CEO & Executive Chairman Thank you, Dave. Question-and-Answer Session John Anderson Barclays Bank PLC, Research Division So Doug, a year ago, you sat here with the wind clearly at your back. Stock's now had quite a run since then. Expectations are sort of a different animal today. Can you think about managing that shift from being kind of a story that was sort of an interesting niche story to kind of really establish yourself as a leader in there. How are you sort of approaching that now in terms of those expectations? Do you change anything here? Or do you just continue the same way you've been going? Or does it require a different approach? Douglas Pferdehirt CEO & Executive Chairman Sure. So I am not sure what you're feeling on your back right now, Dave, but I'm feeling the same amount