Forum Energy Technologies, Inc. (FET)
Market Cap | 241.21M |
Revenue (ttm) | 807.31M |
Net Income (ttm) | -123.89M |
Shares Out | 12.37M |
EPS (ttm) | -10.05 |
PE Ratio | n/a |
Forward PE | 10.63 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 89,309 |
Open | 19.34 |
Previous Close | 19.12 |
Day's Range | 19.08 - 19.79 |
52-Week Range | 12.78 - 21.57 |
Beta | 0.76 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jul 31, 2025 |
About FET
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and commu... [Read more]
Financial Performance
In 2024, Forum Energy Technologies's revenue was $816.43 million, an increase of 10.50% compared to the previous year's $738.86 million. Losses were -$135.33 million, 616.9% more than in 2023.
Financial StatementsNews

Interactive Strength Inc. (Nasdaq:TRNR) Expects to Complete Wattbike Acquisition Imminently After Receiving UK Regulatory Approval
Regulatory Approval by the UK Financial Conduct Authority was Key Requirement for Transaction Timing Minimal Conditions Remain for Deal Completion; Closing Expected in July, 2025 AUSTIN, TX AND NOTTIN...

Forum Energy Technologies Announces Appointment of Messrs. Aron H. Marquez and Mark W.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Messrs. Aron H. Marquez and Mark W. Smith to its board of directors. Mr. Marquez will serve as ...

Interactive Strength Inc. (Nasdaq:TRNR) Closes Initial $55 Million Investment for Crypto Treasury Strategy and Begins Acquiring $FET
TRNR is expected to have the largest US publicly listed crypto treasury focused on an AI-token TRNR began acquiring $FET in the open market over the weekend ATW Partners and DWF Labs invested $55 mill...

Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About $500M AI-focused $FET Treasury Strategy
AUSTIN, TX / ACCESS Newswire / June 13, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and p...

Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy
HOUSTON, Texas--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system (“SRV”) for use by...

Interactive Strength Inc. (Nasdaq:TRNR) Enters into $500 Million Facility to Acquire AI-focused $FET Tokens and Launch Crypto Treasury Asset Strategy
ATW Partners and DWF Labs invested $55 million in initial closing TRNR is expected to have the largest US publicly listed crypto treasury focused on an AI-token TRNR enters into technology collaborati...

Forum Energy Technologies to Present at the Sidoti Virtual Small Cap Conference
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, is scheduled to present at the Sidoti Virtual Small Cap Conf...

Forum Energy Technologies to Participate in Water Tower Research Fireside Chat
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financ...

Michael McShane Appointed Chairman of FET Board of Directors
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Mr. Michael McShane to serve as non-executive Chairman of the Board of Directors. Mr. McShane h...

Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q1 25
Dallas, Texas--(Newsfile Corp. - May 5, 2025) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). FET report...

Forum Energy Technologies, Inc. (FET) Q1 2025 Earnings Call Transcript
Forum Energy Technologies, Inc. (NYSE:FET) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President and CEO Lyle Williams - CFO Co...

Forum Energy Technologies Announces First Quarter 2025 Results; Maintains Full Year 2025 Cash Flow Guidance
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2025 revenue of $193 million and net income of $1 million or $0.09 per diluted share. Adjusted net i...

Oil Bulls Should Pay Close Attention To Forum Energy Technologies
Forum Energy Technologies is a global manufacturer of a variety of products used in the oil, gas, industrial, and renewable energy sectors. Strong year-over-year performance can be mainly attributed t...

Forum Energy Technologies Announces Timing of First Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, May 2, 202...

Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q4 24
Dallas, Texas--(Newsfile Corp. - February 24, 2025) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). FET ...

Forum Energy Technologies, Inc. (FET) Q4 2024 Earnings Call Transcript
Forum Energy Technologies, Inc. (NYSE:FET) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President and CEO Lyle Williams - ...

Forum Energy Technologies Announces Fourth Quarter and Full Year 2024 Results and Outlook; Delivers $92 Million of Operating Cash Flow
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2024 revenue of $201 million and orders of $190 million. Fourth quarter net loss of $104 million in...

C. Christopher Gaut to Retire from FET Board of Directors
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that Mr. C. Christopher Gaut plans to retire from the FET Board of Directors at the end of his term and not stand ...

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2024 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2024 earnings conference call at 10:00 a.m. Central Time on Fri...

Forum Energy Technologies Congratulates Board Member Leslie A. Beyer on U.S. Government Nomination
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) congratulates Leslie A. Beyer, a member of FET's Board of Directors, on her nomination to serve as Assistant Secretary for Land an...

Forum Energy Technologies to Present at the Sidoti Virtual Micro Cap Conference
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financ...

Forum Energy Technologies: A Stock Buying Back 40% Of Its Market Cap
Forum Energy Technologies announced a US$75 million share buyback program, to address the issue of stock undervaluation. The share repurchase program of such a magnitude seems to be supported by the b...

Forum Energy Technologies Announces $75 Million Share Repurchase Program and Completion of Sale-Leaseback Transactions
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that its Board of Directors has authorized a program for the repurchase of outstanding shares of FET's com...

Appointment of Evelyn Angelle to Bird's Board of Directors
MISSISSAUGA, Ontario, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX: BDT) is pleased to announce the appointment of Evelyn Angelle to its Board of Directors (the “Board”), effective im...

Forum Energy Technologies to Present at November 21st Virtual Investor Summit Microcap Event
HOUSTON, TX / ACCESSWIRE / November 18, 2024 / Forum Energy Technologies, Inc. (NYSE:FET), a global manufacturing company, serving the oil, natural gas, industrial and renewable energy industries, wil...