Why TechnipFMC plc (FTI) is Gaining This Week?
From Yahoo Finance: 2025-04-04 09:58:00
The energy sector has outperformed the market in 2025, with over a 1.3% gain while the wider market saw over 7% declines. Natural gas is booming, with US gas demand expected to reach record highs this year and next. TechnipFMC plc (NYSE:FTI) reported an adjusted EPS of $0.54 in Q4 2024 and beat market expectations. The company secured a large iEPCI contract from Equinor and another contract for Shell’s Gato do Mato greenfield development, totaling over $1 billion.
TechnipFMC plc (FTI) ranks 8th on the list of energy stocks that gained the most this week, with share price gains between Mar. 26 – Apr. 2 at 5.98%. The company is a leading technology provider to the energy industry, delivering integrated projects, products, and services. Despite FTI’s potential, AI stocks hold greater promise for higher returns in a shorter time frame. Check out our report on the cheapest AI stock for more information.
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