Forum Energy Technologies, Inc. (FET)

NYSE: FET · IEX Real-Time Price · USD
19.39
-0.06 (-0.31%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-0.31%
Market Cap 238.18M
Revenue (ttm) 738.86M
Net Income (ttm) -18.88M
Shares Out 12.28M
EPS (ttm) -1.85
PE Ratio n/a
Forward PE 25.10
Dividend n/a
Ex-Dividend Date n/a
Volume 20,206
Open 19.50
Previous Close 19.45
Day's Range 19.12 - 19.50
52-Week Range 17.65 - 28.73
Beta 2.60
Analysts n/a
Price Target n/a
Earnings Date May 2, 2024

About FET

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It 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, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewab... [Read more]

Sector Energy
IPO Date Apr 12, 2012
Employees 1,600
Stock Exchange NYSE
Ticker Symbol FET
Full Company Profile

Financial Performance

Financial Statements

News

Forum Energy Technologies Announces Timing of First Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, May 3, 202...

9 days ago - Business Wire

Stonegate Capital Partners Initiates Coverage on Forum Energy Technologies, Inc. (FET)

Dallas, Texas--(Newsfile Corp. - March 5, 2024) - Forum Energy Technologies, Inc. (NYSE: FET): Stonegate Capital Partners initiates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). To vi...

7 weeks ago - Newsfile Corp

Forum Energy Technologies Announces Fourth Quarter and Full Year 2023 Results and Outlook

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2023 revenue of $185 million, a $6 million increase from the third quarter. The fourth quarter net ...

7 weeks ago - Business Wire

Forum Energy Technologies Reschedules Fourth Quarter and Full Year 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Fri...

2 months ago - Business Wire

Forum Energy Technologies to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings release and investor conference ...

2 months ago - Business Wire

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Tue...

3 months ago - Business Wire

Forum Energy Technologies to Present at the Sidoti Virtual Investor 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...

3 months ago - Business Wire

Forum Energy Technologies Completes Acquisition of Variperm Energy Services

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced it has completed the acquisition of Variperm Energy Services (“Variperm”), a leading manufacturer of customized do...

3 months ago - Business Wire

Forum Energy Technologies Receives Approval to Proceed with Variperm Acquisition from Canadian Competition Bureau

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has received approval from the Canadian Competition Bureau to proceed with its planned acquisition of Vari...

4 months ago - Business Wire

Forum Energy Technologies to Present at the Emerging Growth 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...

5 months ago - Business Wire

Forum Energy Technologies Announces Appointment of Ms. Leslie Beyer to its Board of Directors

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Ms. Leslie Beyer to its board of directors. Ms. Beyer will also serve as a member of the Nomina...

5 months ago - Business Wire

Forum Energy Technologies Announces Transformative Acquisition of Variperm Energy Services

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that it has entered into a definitive agreement to acquire Variperm Energy Services (“Variperm”) for consi...

6 months ago - Business Wire

Forum Energy Technologies Announces Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2023 revenue of $179 million, a 3% sequential decrease. Orders increased 7% sequentially to $199 mil...

6 months ago - Business Wire

Forum Energy Technologies Announces Timing of Third Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, November 3...

7 months ago - Business Wire

Forum Energy Technologies to Present at EnerCom Denver – The Energy Investment Conference

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, Chief Executive Officer and President, will present at the EnerCom Denver – The Energy Investment C...

9 months ago - Business Wire

Forum Energy Technologies Announces Second Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2023 revenue of $185 million, an 8% year-over-year increase. Orders were $186 million, with a book-...

9 months ago - Business Wire

Energy Transition and Emerging Technology Companies are Set to Present at the 28th Annual EnerCom Denver - The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website   www.enercomdenver.com  – Presenting Companies Continue to be Added Investor One-on-One Meeting Re...

9 months ago - PRNewsWire

Forum Energy Technologies Announces Timing of Second Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, August 4,...

10 months ago - Business Wire

Forum Energy Technologies Announces First Quarter 2023 Results and Reaffirms 2023 Guidance

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2023 revenue of $189 million, a 22% year-over-year increase and a $2 million sequential decrease. Or...

1 year ago - Business Wire

Forum Energy Technologies Announces Timing of First Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, May 5, 202...

1 year ago - Business Wire

Forum Energy Technologies Awarded Approximately $25 Million Contract to Provide Desalter Systems to Saudi Aramco

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) has been awarded an approximately $25 million contract to design, engineer, and supply four electrostatic desalter systems for an ...

1 year ago - Business Wire

Forum Energy Technologies, Inc. Announces Fourth Quarter and Full Year 2022 Results and Outlook

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2022 revenue of $191 million, a $9 million increase from the third quarter 2022. Orders received we...

1 year ago - Business Wire

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2022 Earnings Conference Call

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2022 Earnings Conference Call

1 year ago - Business Wire

Forum Energy Technologies Announces Mandatory Conversion of 9.00% Convertible Senior Secured Notes

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the satisfaction of the mandatory conversion requirements under its 9.00% Convertible Senior Secured Notes due A...

1 year ago - Business Wire

Forum Energy Technologies Closes Sale-Leaseback Transaction

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it has closed a sale of four manufacturing and distribution centers located in Texas and Louisiana. The pro...

1 year ago - Business Wire