TechnipFMC Adds Eric Mullins to Board of Directors
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An announcement from TechnipFMC ( (FTI) ) is now available.
On June 1, 2026, TechnipFMC appointed Eric D. Mullins, Chairman and Chief Executive Officer of Lime Rock Resources, to its Board of Directors and its Audit Committee, expanding the Board from nine to ten members. Mullins will receive director compensation aligned with the company’s shareholder‑approved remuneration policy and prorated for his 2026 service, matching the structure used for other non‑executive directors.
The company emphasized Mullins’ deep experience in the energy sector, including his leadership at a private equity fund focused on low‑risk oil and gas assets and his 15‑year tenure at Goldman Sachs advising exploration and production companies. His extensive public company board service at major energy and utility firms is expected to strengthen TechnipFMC’s governance, bolster its capital allocation and strategic decision‑making, and support the company’s long‑term priorities in both traditional and new energy markets.
The most recent analyst rating on (FTI) stock is a Buy
with a $85.00 price target.
To see the full list of analyst forecasts on TechnipFMC stock,
see the FTI Stock Forecast page.
Spark’s Take on FTI Stock
According to Spark, TipRanks’ AI Analyst, FTI is a Outperform.
The score is driven primarily by strong financial performance (profitability improvement, high ROE, and sharply reduced leverage) and a bullish, confidence-building earnings call with supportive guidance and backlog coverage. Technicals also support the uptrend, while valuation is the main restraint due to a higher P/E and low dividend yield.
To see Spark’s full report on FTI stock,
click here.
More about TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering integrated projects, products, and services across its Subsea and Surface Technologies segments. The company focuses on proprietary technologies and digital innovation such as iEPCI®, iFEED™, and iComplete® to improve project economics, reduce carbon intensity, and support clients’ energy transition goals.
With approximately 22,000 employees, TechnipFMC emphasizes strong execution, purposeful innovation, and challenging industry conventions to advance integrated energy ecosystems. The company operates globally from hubs including Newcastle and Houston and positions itself as a key enabler for clients developing energy resources in both conventional and low‑carbon markets.
Average Trading Volume: 4,687,542
Technical Sentiment Signal: Buy
Current Market Cap: $27.28B
See more data about FTI stock on TipRanks’ Stock Analysis page.
