Forum Energy Technologies, Inc. (FET)

NYSE: FET · Real-Time Price · USD
20.69
+0.16 (0.78%)
Jul 10, 2025, 4:00 PM - Market closed
0.78%
Market Cap 255.93M
Revenue (ttm) 807.31M
Net Income (ttm) -123.89M
Shares Out 12.37M
EPS (ttm) -10.05
PE Ratio n/a
Forward PE 11.12
Dividend n/a
Ex-Dividend Date n/a
Volume 74,218
Open 20.30
Previous Close 20.53
Day's Range 20.12 - 20.77
52-Week Range 12.78 - 21.57
Beta 0.84
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]

Sector Energy
IPO Date Apr 12, 2012
Employees 1,800
Stock Exchange NYSE
Ticker Symbol FET
Full Company Profile

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 Statements

News

Interactive Strength Inc. (Nasdaq: TRNR) Receives "Buy" Rating and $15 Price Target in Maxim Group Research Initiation

First comprehensive sell-side report on TRNR cites more than 800% growth in expected 2025 revenue Valuation driven by stock-for-stock M&A model and potential crypto-treasury upside AUSTIN, TEXAS / ACC...

Other symbols: TRNR
1 day ago - Accesswire

Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of Wattbike, Creating a Diversified Global Fitness Platform on Track for More than $75 Million in Pro Forma 2025 Revenue

Wattbike acquisition is the latest milestone in transformational strategy and the Sportstech acquisition is on track to close in the third quarter TRNR confirms guidance of more than $75 million in pr...

Other symbols: TRNR
9 days ago - Accesswire

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...

Other symbols: TRNR
22 days ago - Accesswire

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 ...

24 days ago - Business Wire

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...

Other symbols: TRNR
24 days ago - Accesswire

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...

Other symbols: TRNR
27 days ago - Accesswire

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...

4 weeks ago - Business Wire

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...

Other symbols: TRNR
4 weeks ago - Accesswire

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...

4 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Newsfile Corp

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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 ...

4 months ago - Newsfile Corp

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 - ...

4 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

7 months ago - Business Wire