Has TechnipFMC (FTI) Outpaced Other Oils-Energy Stocks This Year?

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. FMC Technologies (FTI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.FMC Technologies is one of 234 companies in the Oils-Energy group. The Oils-Energy group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. FMC Technologies is currently sporting a Zacks Rank of #1 (Strong Buy).Within the past quarter, the Zacks Consensus Estimate for FTI's full-year earnings has moved 6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, FTI has gained about 43% so far this year. At the same time, Oils-Energy stocks have gained an average of 26.3%. This means that FMC Technologies is performing better than its sector in terms of year-to-date returns.Subsea 7 SA (SUBCY) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 31.4%.Over the past three months, Subsea 7 SA's consensus EPS estimate for the current year has increased 11.3%. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, FMC Technologies is a member of the Oil and Gas - Field Services industry, which includes 19 individual companies and currently sits at #34 in the Zacks Industry Rank. On average, this group has gained an average of 26.6% so far this year, meaning that FTI is performing better in terms of year-to-date returns. Subsea 7 SA is also part of the same industry.Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to FMC Technologies and Subsea 7 SA as they could maintain their solid performance.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.See Our Newest 5 Stocks Set to Double Picks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TechnipFMC plc (FTI): Free Stock Analysis Report Subsea 7 SA (SUBCY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks