11 Best Performing Energy Stocks in 2025

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8. TechnipFMC plc (NYSE:FTI)

YTD Gains as of December 26: 51%

TechnipFMC plc (NYSE:FTI) is a leading technology provider to the traditional and new energy industry, delivering fully integrated projects, products, and services.

On December 18, Piper Sandler raised its price target on TechnipFMC plc (NYSE:FTI) from $49 to $52, representing an upside potential of over 16% from the current share price. The firm also maintained its ‘Overweight’ rating on FTI. Piper Sandler acknowledged that while the energy industry had a difficult year in 2025, it remained tenacious and leaned into new growth avenues. Moreover, the analyst expects cyclical tailwinds beginning to mount in 2026, including Saudi Arabia/Mexico returning to work and a bottoming American land market. However, the firm doesn’t expect the offshore sector to recover before 2027.

TechnipFMC plc (NYSE:FTI) received another boost on the same day when the company announced that it had secured a ‘substantial’ engineering, procurement, construction, and installation contract from Eni SpA for the Coral North LNG project offshore Mozambique. Valued at $250-500 million, the contract builds on TechnipFMC’s prior work on the Coral South Floating LNG project, which began exporting liquified natural gas in 2022.

Before Coral North, TechnipFMC plc (NYSE:FTI) won another major award on December 11 when it announced that it had secured a contract for the Subsea 2.0 production systems by Chevron for the Gorgon Stage 3 brownfield project.

Jonathan Landes, President, Subsea at TechnipFMC plc (NYSE:FTI), commented:

“Gorgon Stage 3 incorporates our Subsea 2.0® configure-to-order platform and our unique advanced flexible pipe technology. At TechnipFMC, we focus on commercializing innovative solutions that give our customers confidence in project execution and schedule certainty. We are proud to continue our 20-year partnership with Chevron on the Gorgon development through this latest opportunity.”

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