January 15, 2013
FMC Technologies (NYSE: FTI ) is a company that Motley Fool analyst Taylor Muckerman has been thinking a lot about lately. One question he has posed is whether or not new competitors would erode some of the company's market share. If the last few months are any indication, FMC Technologies is still firmly entrenched in the deepwater space. However, investors should continue to keep tabs on these deals and the company's execution. Any slip-up could certainly derail its current momentum.
One of FMC Technologies' Newer Competitors:
National Oilwell Varco is perhaps the safest investment in the energy sector due to its industry-leading 60% market share. This company is poised to profit in a big way; its customers are both increasing the number of new drilling rigs as well as updating an aging fleet of offshore rigs. To help determine if National Oilwell Varco is a nice fit for your portfolio, check out our premium research report with in-depth analysis on whether it is a buy today. For instant access to this valuable investor's resource, simply click here now and claim your copy today.