THNPY - Technip Energies Plans To Generate Half Its Market Cap In FCF By 2029
2025-01-05 11:40:00 ET
Summary
- Technip Energies N.V. excels in LNG, hydrogen, and ethylene construction, with strong free cash flow and a promising future in CO2 management and green hydrogen.
- THNPY reported a 10% revenue increase and a 33% higher EPS in the first nine months, validating my initial investment thesis.
- Technip Energies' 2025 and 2028 guidance shows significant revenue and EBITDA growth, with a cumulative free cash flow of 2.2-2.6B EUR for 2024-2028.
- I continue to write put options to acquire Technip Energies at a lower price, recognizing its potential as a cash cow post-capital markets day.
Introduction
As explained in my previous article , Technip Energies N.V. ( THNPY , THNPF ) is a French engineering and technology company that focuses on applications in the energy transition space . It is a leader when it comes to LNG (where it has designed and built about 20% of the current global LNG production capacity), hydrogen, and ethylene-related construction jobs while it is also increasing its importance and improving its reputation in the CO2 management and blue and green hydrogen subsectors. The company is active in 35 countries and employs approximately 15,000 people....
Technip Energies Plans To Generate Half Its Market Cap In FCF By 2029