Forum Energy Technologies, Inc. (FET)
| Market Cap | 118.78M |
| Revenue (ttm) | 444.36M |
| Net Income (ttm) | -89.41M |
| Shares Out | 5.61M |
| EPS (ttm) | -17.37 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 14 |
| Last Price | $21.36 |
| Previous Close | $21.21 |
| Change ($) | 0.15 |
| Change (%) | 0.71% |
| Day's Open | 21.53 |
| Day's Range | 21.31 - 22.16 |
| Day's Volume | 33,860 |
| 52-Week Range | 5.60 - 24.93 |
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2021 revenue of $115 million, an increase of $2 million from the fourth quarter 2020. Net loss for the...
Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2021 earnings conference call at 10:00 AM CDT on Friday, May 7, 2021. Forum will...
Forum Energy (FET) enters a partnership agreement with Deepsea Technologies to represent its Brazil-based operations, and receive business development and engineering support in the country.
Forum Energy (FET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase i...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2020 revenue of $113 million, an increase of $9 million from the third quarter 2020. Orders received ...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2020 earnings conference call at 10:00 AM CST on Wednesday, Febru...
Forum (FET) sells its ABZ and Quadrant-related assets to Anvil and Smith-Cooper to significantly improve its liquidity and financial flexibility.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that on December 31, 2020 it completed the sale of assets associated with its ABZ and Quadrant valve brands to Anvil...
Unfortunately for the shareholders of Capital Senior Living Corp. (NYSE:CSU) and Forum Energy Technologies Inc. (NYSE:FET), these two stocks have experienced heavy losses over the past couple of years, ...
Forum Energy Technologies, Inc. (FET) CEO Christopher Gaut on Q3 2020 Results - Earnings Call Transcript
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2020 revenue of $104 million, a decrease of $10 million from the second quarter 2020. Orders received ...
Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today that its Board of Directors has approved a 1-for-20 reverse stock split of the Company's ...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2020 earnings at 9:00 AM CDT on Friday, November 6, 2020. Forum will issue a pre...
Forum Energy Technologies, Inc. (FET) CEO Cris Gaut on Q2 2020 Results - Earnings Call Transcript
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2020 revenue of $113 million, a decrease of $69 million from the first quarter 2020.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host a conference call to discuss its recently announced successful debt exchange and its second quarte...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today the expiration and results of its previously announced offer to exchange its existing not...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m.
Investors need to pay close attention to Forum Energy (FET) stock based on the movements in the options market lately.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that revenue for the second quarter 2020 is now projected to be in the range of $110 to $...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today provided the following update on the status of its business: During the first half of 2020, the COV...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced it has commenced an offer to exchange its existing notes for new 9.00% convertible secure...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) announced today that, as part of its continuing cost reduction plan, the corporate executive team will be reduced an...
Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Plummeting oil prices and uncertainty around the oil market in the midst of a price war between two big producing nations led Bank of America to downgrade nearly every stock in the sector that it didn't...
Forum Energy Technologies, Inc. (FET) CEO Cris Gaut on Q4 2019 Results - Earnings Call Transcript
Forum Energy (FET) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Forum Energy Technologies has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
Forum Energy Technologies: International Operations Can Provide The Relief
Forum Energy Technologies' (FET) CEO Cris Gaut on Q3 2019 Results - Earnings Call Transcript
With the sale of its 40% stake in Ashtead Technology, Forum Energy (FET) will receive $39 million of cash proceeds alongside an $8.5-million loan with a three-year maturity period.
Forum Energy Technologies' (FET) CEO Cris Gaut on Q2 2019 Results - Earnings Call Transcript
Forum Energy (FET) delivered earnings and revenue surprises of -60.00% and -4.85%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Transition to a more disciplined capital spending approach within the exploration and production space is expected to weigh on Forum Energy's (FET) Q2 results.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Forum Energy Technologies, Inc. (FET) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
Forum Energy Technologies (FET) closed the most recent trading day at $3.83, moving +0.26% from the previous trading session.
Forum Energy Technologies' (FET) CEO Cris Gaut on Q1 2019 Results - Earnings Call Transcript
Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About FET
Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, downhole, and subsea markets, as well as other markets, such as alternative energy, defense, and communications. This segment offers drilling technologies consisting of cap... [Read more...]
| Industry Oil & Gas Equipment & Services | IPO Date Apr 12, 2012 |
| CEO C. Christopher Gaut | Employees 1,400 |
| Stock Exchange NYSE | Ticker Symbol FET |
Financial Performance
In 2020, FET's revenue was $512.48 million, a decrease of -46.42% compared to the previous year's $956.53 million. Losses were -$96.89 million, -82.91% less than in 2019.
Analyst Forecasts
According to 2 analysts, the average rating for FET stock is "Sell." The 12-month stock price forecast is 20.00, which is a decrease of -6.37% from the latest price.