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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:18,624 Points:1,609,520 Joined:Nov 2008	Message Posted: Jan 12, 2013 8:01:38 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:3,480 Points:812,460 Joined:Dec 2010	Message Posted: Jan 9, 2013 3:56:58 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 1:23:19 PM Ignore supercell Report Abuse Wish I could tap into the treasure trove.
jimmy544 Champion Author Boston Posts:4,112 Points:653,855 Joined:Feb 2011	Message Posted: Jan 9, 2013 11:05:45 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:1,404 Points:635,390 Joined:Jun 2006	Message Posted: Jan 9, 2013 10:28:16 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:3,760 Points:1,871,065 Joined:May 2007	Message Posted: Jan 9, 2013 10:24:06 AM Ignore Mariuxus Report Abuse ok...
Catfish93001 Champion Author Ventura Posts:1,200 Points:247,955 Joined:Jun 2008	Message Posted: Jan 9, 2013 10:07:56 AM Ignore Catfish93001 Report Abuse Humanity's head-long rush to global destruction.
LilRedWagonIN Champion Author Indiana Posts:7,776 Points:1,555,135 Joined:Oct 2008	Message Posted: Jan 9, 2013 9:54:00 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:7,326 Points:1,751,580 Joined:Feb 2006	Message Posted: Jan 9, 2013 9:53:22 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:9,255 Points:1,876,610 Joined:Jun 2005	Message Posted: Jan 9, 2013 9:51:44 AM Ignore bell05 Report Abuse We don't need deep deep drilling in the water.
Delight777 Sophomore Author Cleveland Posts:228 Points:358,495 Joined:Oct 2011	Message Posted: Jan 9, 2013 9:51:26 AM Ignore Delight777 Report Abuse O.K.
gamalerin Champion Author Tampa Posts:4,752 Points:993,510 Joined:Jul 2010	Message Posted: Jan 9, 2013 9:46:32 AM Ignore gamalerin Report Abuse Another reason to jump the prices..
36IHBinder Champion Author Illinois Posts:2,958 Points:643,090 Joined:Jun 2011	Message Posted: Jan 9, 2013 9:43:29 AM Ignore 36IHBinder Report Abuse We need everything on the table
TBecker1415 Champion Author Missouri Posts:1,665 Points:348,715 Joined:Nov 2011	Message Posted: Jan 9, 2013 9:40:27 AM Ignore TBecker1415 Report Abuse ok
LKnight598 All-Star Author South Carolina Posts:813 Points:187,690 Joined:Nov 2005	Message Posted: Jan 9, 2013 9:34:05 AM Ignore LKnight598 Report Abuse Then why are our prices increasing!?
Hangnail309 Champion Author Manitoba Posts:6,024 Points:1,677,180 Joined:Aug 2006	Message Posted: Jan 9, 2013 9:30:10 AM Ignore Hangnail309 Report Abuse here we go again
shea33 Champion Author Pensacola Posts:2,368 Points:542,940 Joined:Oct 2011	Message Posted: Jan 9, 2013 9:29:25 AM Ignore shea33 Report Abuse There goes the neighborhood
PackerfanMN All-Star Author Twin Cities Posts:898 Points:270,875 Joined:Nov 2011	Message Posted: Jan 9, 2013 9:29:12 AM Ignore PackerfanMN Report Abuse Another PB waiting to happen.
Gman2011MI Champion Author Michigan Posts:2,003 Points:417,695 Joined:Apr 2011	Message Posted: Jan 9, 2013 9:28:30 AM Ignore Gman2011MI Report Abuse I quess they should have been working with BP ...................
MikLamb Champion Author Texas Posts:7,985 Points:2,175,120 Joined:Jun 2006	Message Posted: Jan 9, 2013 9:28:24 AM Ignore MikLamb Report Abuse Ok.
prius22 Champion Author Twin Cities Posts:2,214 Points:388,310 Joined:Apr 2012	Message Posted: Jan 9, 2013 9:27:15 AM Ignore prius22 Report Abuse The day will come when we can no keep up no matter how good the technology.
Rich_pa All-Star Author Cincinnati Posts:941 Points:212,485 Joined:Oct 2012	Message Posted: Jan 9, 2013 9:25:48 AM Ignore Rich_pa Report Abuse Go for it.
tribill Champion Author Twin Cities Posts:3,342 Points:2,339,710 Joined:Feb 2006	Message Posted: Jan 9, 2013 9:25:46 AM Ignore tribill Report Abuse Great!!
malfrog1 Champion Author South Bend Posts:2,201 Points:549,985 Joined:Feb 2011	Message Posted: Jan 9, 2013 9:25:19 AM Ignore malfrog1 Report Abuse hopefully someone will help and get this exploration going
Sam195 Champion Author San Bernardino Posts:8,090 Points:1,575,075 Joined:Oct 2008	Message Posted: Jan 9, 2013 9:24:48 AM Ignore Sam195 Report Abuse Looks like they will make a lot of money.
sleuth696 All-Star Author Ventura Posts:943 Points:202,915 Joined:Oct 2012	Message Posted: Jan 9, 2013 9:24:27 AM Ignore sleuth696 Report Abuse ok
Edpap Champion Author Pennsylvania Posts:4,330 Points:506,925 Joined:Oct 2011	Message Posted: Jan 9, 2013 9:24:08 AM Ignore Edpap Report Abuse to support exploration off south america
harleyhusker Veteran Author South Dakota Posts:411 Points:706,645 Joined:Dec 2005	Message Posted: Jan 9, 2013 9:23:38 AM Ignore harleyhusker Report Abuse Lets see what happens---then comment
Oldzin All-Star Author Orange County Posts:800 Points:181,375 Joined:Oct 2012	Message Posted: Jan 9, 2013 9:21:17 AM Ignore Oldzin Report Abuse Sounds like someone bought thier stock and wants it to go back up???
derek84us All-Star Author Rochester Posts:726 Points:40,300 Joined:May 2010	Message Posted: Jan 9, 2013 9:17:08 AM Ignore derek84us Report Abuse I hope they make quality pipes and valves
fencemanNY Veteran Author New York Posts:414 Points:357,410 Joined:Jul 2008	Message Posted: Jan 9, 2013 9:11:06 AM Ignore fencemanNY Report Abuse Sometimes glut is a wonderful thing. Lets go team North America
jony Champion Author Florida Posts:7,326 Points:1,632,565 Joined:May 2006	Message Posted: Jan 9, 2013 9:10:49 AM Ignore jony Report Abuse CNG is the way to go
queenieIN All-Star Author Gary Posts:634 Points:266,430 Joined:May 2012	Message Posted: Jan 9, 2013 9:08:26 AM Ignore queenieIN Report Abuse here we go again
Minutefan Champion Author Springfield Posts:3,310 Points:1,246,305 Joined:Aug 2004	Message Posted: Jan 9, 2013 9:07:50 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:3,742 Points:1,263,015 Joined:Sep 2003	Message Posted: Jan 9, 2013 9:07:30 AM Ignore Old Timer Report Abuse Supply & demand doesn't seem to be working in this case.
fatfed Champion Author San Antonio Posts:2,865 Points:476,415 Joined:Dec 2011	Message Posted: Jan 9, 2013 9:05:48 AM Ignore fatfed Report Abuse The government is doing us in again
rippinusoff Champion Author Lexington Posts:7,403 Points:1,488,525 Joined:May 2007	Message Posted: Jan 9, 2013 9:04:16 AM Ignore rippinusoff Report Abuse Ok
gilfarm Champion Author Alabama Posts:6,796 Points:1,948,840 Joined:Sep 2005	Message Posted: Jan 9, 2013 9:02:49 AM Ignore gilfarm Report Abuse Why do prices keep rising?
grandmacbc Champion Author Buffalo Posts:6,535 Points:1,429,800 Joined:Oct 2008	Message Posted: Jan 9, 2013 9:02:02 AM Ignore grandmacbc Report Abuse without taxpayer subsidies please?
belladog Champion Author Mobile Posts:2,587 Points:936,080 Joined:May 2007	Message Posted: Jan 9, 2013 8:59:56 AM Ignore belladog Report Abuse really
joel27nc Champion Author Raleigh Posts:10,537 Points:1,858,370 Joined:Mar 2008	Message Posted: Jan 9, 2013 8:59:53 AM Ignore joel27nc Report Abuse Where can I tap in?
pitamon Champion Author Philadelphia Posts:4,904 Points:1,826,360 Joined:Sep 2004	Message Posted: Jan 9, 2013 7:37:00 AM Ignore pitamon Report Abuse Do it safely!
rbutterw Champion Author Raleigh Posts:1,180 Points:293,500 Joined:Mar 2012	Message Posted: Jan 9, 2013 7:03:18 AM Ignore rbutterw Report Abuse Torn between need for energy and raping earth mother
tamiuron Champion Author Laredo Posts:1,943 Points:725,660 Joined:Jan 2011	Message Posted: Jan 9, 2013 7:01:20 AM Ignore tamiuron Report Abuse cyclical business
matthwbar Champion Author Toledo Posts:4,063 Points:1,017,805 Joined:Jun 2007	Message Posted: Jan 9, 2013 6:53:38 AM Ignore matthwbar Report Abuse Very cool...
FieroGT Champion Author Twin Cities Posts:14,322 Points:2,506,110 Joined:Mar 2005	Message Posted: Jan 9, 2013 6:43:52 AM Ignore FieroGT Report Abuse Just don't let BP do any more deep water drilling.
minnesotagirl Champion Author Milwaukee Posts:5,862 Points:1,231,670 Joined:Oct 2009	Message Posted: Jan 9, 2013 6:43:10 AM Ignore minnesotagirl Report Abuse Time will tell
kyjlh Champion Author Kentucky Posts:1,622 Points:652,635 Joined:Feb 2005	Message Posted: Jan 9, 2013 6:41:02 AM Ignore kyjlh Report Abuse ok
gws2980 Champion Author Philadelphia Posts:2,186 Points:501,340 Joined:Oct 2010	Message Posted: Jan 9, 2013 6:40:11 AM Ignore gws2980 Report Abuse be safe
gabisgram Champion Author Michigan Posts:2,196 Points:912,250 Joined:Sep 2006	Message Posted: Jan 9, 2013 6:38:42 AM Ignore gabisgram Report Abuse We'll see.