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Tapping Into the Global Energy Boom

Barrons -- There is a treasure trove of oil and gas buried deep at sea, and FMC Technologies is likely to be a primary beneficiary in the years ahead.

The Houston-based company (ticker: FTI) helps energy exploration companies extract commodities from North American soil and from deep-sea projects around the world. The shares, at a recent $42.97, have slid 22% from their 52-week high. The market is focused on weakness in FMC's domestic business, and isn't giving the company enough credit for growth from its subsea operations, which account for roughly two-thirds of revenue.

FMC is the biggest player in subsea "trees" -- pipes and valves that control production of a deepwater well. With signs that orders are picking up, and significant deepwater equipment demand expected in the next several years, FM

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Submitted Jan 09, 2013 By: skb69sa

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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Jan 12, 2013 7:01:38 AM Ignore honda0105 Report Abuse given all the toxins that were released w/ the Macondo well blow out, it's unlikely that much is surviving in the sea right now.
drobbbb Champion Author Maryland Posts:3,590 Points:837,010 Joined:Dec 2010	Message Posted: Jan 9, 2013 2:56:58 PM Ignore drobbbb Report Abuse should help us reduce our dependency on middle east oil
supercell Rookie Author Minnesota Posts:52 Points:23,820 Joined:Mar 2006	Message Posted: Jan 9, 2013 12:23:19 PM Ignore supercell Report Abuse Wish I could tap into the treasure trove.
jimmy544 Champion Author Boston Posts:4,373 Points:680,580 Joined:Feb 2011	Message Posted: Jan 9, 2013 10:05:45 AM Ignore jimmy544 Report Abuse I do not want to subscribe to Barrons to read an article. That said I wonder if FMC had anything to do with the blowout on the Macondo well?
LarksNY Champion Author Albany Posts:1,464 Points:656,490 Joined:Jun 2006	Message Posted: Jan 9, 2013 9:28:16 AM Ignore LarksNY Report Abuse Rush to get more of what they can overcharge us for on a more consistent basis.
Mariuxus Champion Author Chicago Posts:3,887 Points:1,898,280 Joined:May 2007	Message Posted: Jan 9, 2013 9:24:06 AM Ignore Mariuxus Report Abuse ok...
Catfish93001 Champion Author Ventura Posts:1,211 Points:250,225 Joined:Jun 2008	Message Posted: Jan 9, 2013 9:07:56 AM Ignore Catfish93001 Report Abuse Humanity's head-long rush to global destruction.
LilRedWagonIN Champion Author Indiana Posts:7,907 Points:1,580,135 Joined:Oct 2008	Message Posted: Jan 9, 2013 8:54:00 AM Ignore LilRedWagonIN Report Abuse All producers will need this company's goods, good bet until one of their items fail.
cssco Champion Author Virginia Posts:7,463 Points:1,778,195 Joined:Feb 2006	Message Posted: Jan 9, 2013 8:53:22 AM Ignore cssco Report Abuse But, I do not want a subscription to Barrons any more than I need more ethanol in a plastic automobile.
bell05 Champion Author Atlanta Posts:9,401 Points:1,902,585 Joined:Jun 2005	Message Posted: Jan 9, 2013 8:51:44 AM Ignore bell05 Report Abuse We don't need deep deep drilling in the water.
Delight777 Sophomore Author Cleveland Posts:228 Points:380,645 Joined:Oct 2011	Message Posted: Jan 9, 2013 8:51:26 AM Ignore Delight777 Report Abuse O.K.
gamalerin Champion Author Tampa Posts:4,877 Points:1,019,035 Joined:Jul 2010	Message Posted: Jan 9, 2013 8:46:32 AM Ignore gamalerin Report Abuse Another reason to jump the prices..
36IHBinder Champion Author Illinois Posts:3,093 Points:669,815 Joined:Jun 2011	Message Posted: Jan 9, 2013 8:43:29 AM Ignore 36IHBinder Report Abuse We need everything on the table
TBecker1415 Champion Author Missouri Posts:1,670 Points:349,690 Joined:Nov 2011	Message Posted: Jan 9, 2013 8:40:27 AM Ignore TBecker1415 Report Abuse ok
LKnight598 All-Star Author South Carolina Posts:922 Points:208,265 Joined:Nov 2005	Message Posted: Jan 9, 2013 8:34:05 AM Ignore LKnight598 Report Abuse Then why are our prices increasing!?
Hangnail309 Champion Author Manitoba Posts:6,158 Points:1,703,885 Joined:Aug 2006	Message Posted: Jan 9, 2013 8:30:10 AM Ignore Hangnail309 Report Abuse here we go again
shea33 Champion Author Pensacola Posts:2,503 Points:569,665 Joined:Oct 2011	Message Posted: Jan 9, 2013 8:29:25 AM Ignore shea33 Report Abuse There goes the neighborhood
PackerfanMN Champion Author Twin Cities Posts:1,044 Points:291,075 Joined:Nov 2011	Message Posted: Jan 9, 2013 8:29:12 AM Ignore PackerfanMN Report Abuse Another PB waiting to happen.
Gman2011MI Champion Author Michigan Posts:2,060 Points:431,835 Joined:Apr 2011	Message Posted: Jan 9, 2013 8:28:30 AM Ignore Gman2011MI Report Abuse I quess they should have been working with BP ...................
MikLamb Champion Author Texas Posts:8,120 Points:2,201,845 Joined:Jun 2006	Message Posted: Jan 9, 2013 8:28:24 AM Ignore MikLamb Report Abuse Ok.
prius22 Champion Author Twin Cities Posts:2,359 Points:415,035 Joined:Apr 2012	Message Posted: Jan 9, 2013 8:27:15 AM Ignore prius22 Report Abuse The day will come when we can no keep up no matter how good the technology.
Rich_pa Champion Author Cincinnati Posts:1,066 Points:238,760 Joined:Oct 2012	Message Posted: Jan 9, 2013 8:25:48 AM Ignore Rich_pa Report Abuse Go for it.
tribill Champion Author Twin Cities Posts:3,342 Points:2,360,360 Joined:Feb 2006	Message Posted: Jan 9, 2013 8:25:46 AM Ignore tribill Report Abuse Great!!
malfrog1 Champion Author South Bend Posts:2,336 Points:576,710 Joined:Feb 2011	Message Posted: Jan 9, 2013 8:25:19 AM Ignore malfrog1 Report Abuse hopefully someone will help and get this exploration going
Sam195 Champion Author San Bernardino Posts:8,225 Points:1,601,800 Joined:Oct 2008	Message Posted: Jan 9, 2013 8:24:48 AM Ignore Sam195 Report Abuse Looks like they will make a lot of money.
sleuth696 Champion Author Ventura Posts:1,068 Points:229,190 Joined:Oct 2012	Message Posted: Jan 9, 2013 8:24:27 AM Ignore sleuth696 Report Abuse ok
Edpap Champion Author Pennsylvania Posts:4,486 Points:530,650 Joined:Oct 2011	Message Posted: Jan 9, 2013 8:24:08 AM Ignore Edpap Report Abuse to support exploration off south america
harleyhusker Veteran Author South Dakota Posts:421 Points:727,845 Joined:Dec 2005	Message Posted: Jan 9, 2013 8:23:38 AM Ignore harleyhusker Report Abuse Lets see what happens---then comment
Oldzin All-Star Author Orange County Posts:935 Points:208,100 Joined:Oct 2012	Message Posted: Jan 9, 2013 8:21:17 AM Ignore Oldzin Report Abuse Sounds like someone bought thier stock and wants it to go back up???
derek84us All-Star Author Rochester Posts:781 Points:43,175 Joined:May 2010	Message Posted: Jan 9, 2013 8:17:08 AM Ignore derek84us Report Abuse I hope they make quality pipes and valves
fencemanNY Veteran Author New York Posts:444 Points:372,785 Joined:Jul 2008	Message Posted: Jan 9, 2013 8:11:06 AM Ignore fencemanNY Report Abuse Sometimes glut is a wonderful thing. Lets go team North America
jony Champion Author Florida Posts:7,461 Points:1,656,290 Joined:May 2006	Message Posted: Jan 9, 2013 8:10:49 AM Ignore jony Report Abuse CNG is the way to go
queenieIN All-Star Author Gary Posts:741 Points:288,870 Joined:May 2012	Message Posted: Jan 9, 2013 8:08:26 AM Ignore queenieIN Report Abuse here we go again
Minutefan Champion Author Springfield Posts:3,409 Points:1,271,370 Joined:Aug 2004	Message Posted: Jan 9, 2013 8:07:50 AM Ignore Minutefan Report Abuse there have to be alternatives to oil that can be pout into production. All we need is the will to develop it.
Old Timer Champion Author Akron Posts:3,873 Points:1,289,515 Joined:Sep 2003	Message Posted: Jan 9, 2013 8:07:30 AM Ignore Old Timer Report Abuse Supply & demand doesn't seem to be working in this case.
fatfed Champion Author San Antonio Posts:3,000 Points:503,140 Joined:Dec 2011	Message Posted: Jan 9, 2013 8:05:48 AM Ignore fatfed Report Abuse The government is doing us in again
rippinusoff Champion Author Lexington Posts:7,538 Points:1,514,500 Joined:May 2007	Message Posted: Jan 9, 2013 8:04:16 AM Ignore rippinusoff Report Abuse Ok
gilfarm Champion Author Alabama Posts:6,931 Points:1,975,565 Joined:Sep 2005	Message Posted: Jan 9, 2013 8:02:49 AM Ignore gilfarm Report Abuse Why do prices keep rising?
grandmacbc Champion Author Buffalo Posts:6,670 Points:1,451,275 Joined:Oct 2008	Message Posted: Jan 9, 2013 8:02:02 AM Ignore grandmacbc Report Abuse without taxpayer subsidies please?
belladog Champion Author Mobile Posts:2,671 Points:953,435 Joined:May 2007	Message Posted: Jan 9, 2013 7:59:56 AM Ignore belladog Report Abuse really
joel27nc Champion Author Raleigh Posts:10,672 Points:1,885,095 Joined:Mar 2008	Message Posted: Jan 9, 2013 7:59:53 AM Ignore joel27nc Report Abuse Where can I tap in?
pitamon Champion Author Philadelphia Posts:4,987 Points:1,849,895 Joined:Sep 2004	Message Posted: Jan 9, 2013 6:37:00 AM Ignore pitamon Report Abuse Do it safely!
rbutterw Champion Author Raleigh Posts:1,304 Points:318,380 Joined:Mar 2012	Message Posted: Jan 9, 2013 6:03:18 AM Ignore rbutterw Report Abuse Torn between need for energy and raping earth mother
tamiuron Champion Author Laredo Posts:1,945 Points:749,725 Joined:Jan 2011	Message Posted: Jan 9, 2013 6:01:20 AM Ignore tamiuron Report Abuse cyclical business
matthwbar Champion Author Toledo Posts:4,198 Points:1,044,530 Joined:Jun 2007	Message Posted: Jan 9, 2013 5:53:38 AM Ignore matthwbar Report Abuse Very cool...
FieroGT Champion Author Twin Cities Posts:14,459 Points:2,530,585 Joined:Mar 2005	Message Posted: Jan 9, 2013 5:43:52 AM Ignore FieroGT Report Abuse Just don't let BP do any more deep water drilling.
minnesotagirl Champion Author Milwaukee Posts:5,997 Points:1,258,295 Joined:Oct 2009	Message Posted: Jan 9, 2013 5:43:10 AM Ignore minnesotagirl Report Abuse Time will tell
kyjlh Champion Author Kentucky Posts:1,746 Points:678,945 Joined:Feb 2005	Message Posted: Jan 9, 2013 5:41:02 AM Ignore kyjlh Report Abuse ok
gws2980 Champion Author Philadelphia Posts:2,311 Points:526,865 Joined:Oct 2010	Message Posted: Jan 9, 2013 5:40:11 AM Ignore gws2980 Report Abuse be safe
gabisgram Champion Author Michigan Posts:2,321 Points:937,025 Joined:Sep 2006	Message Posted: Jan 9, 2013 5:38:42 AM Ignore gabisgram Report Abuse We'll see.