Home » Stocks » Forum Energy Technologies

Forum Energy Technologies, Inc. (FET)

Stock Price: $0.516 USD -0.014 (-2.62%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed
After-hours: $0.523 +0.006 (1.24%) Aug 4, 7:59 PM

Stock Price Chart

Key Info

Market Cap 57.48M
Revenue (ttm) 867.32M
Net Income (ttm) -596.31M
Shares Out 111.37M
EPS (ttm) -5.40
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 4, 2020
Last Price $0.516
Previous Close $0.530
Change ($) -0.014
Change (%) -2.62%
Day's Open 0.516
Day's Range 0.506 - 0.552
Day's Volume 3,251,782
52-Week Range 0.150 - 2.570

More Stats

Market Cap 57.48M
Enterprise Value 440.87M
Earnings Date (est) Aug 7, 2020
Ex-Dividend Date n/a
Shares Outstanding 111.37M
Float 82.29M
EPS (basic) -5.39
EPS (diluted) -5.40
FCF / Share 0.68
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 131.27%
Payout Ratio n/a
Shares Short 3.08M
Short Ratio 0.72
Short % of Float 3.77%
Beta 4.24
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 0.76
PS Ratio 0.07
PB Ratio 0.13
Revenue 867.32M
Operating Income -596.38M
Net Income -596.31M
Free Cash Flow 75.45M
Net Cash -383.39M
Net Cash / Share -3.44
Gross Margin 28.23%
Operating Margin -68.76%
Profit Margin -68.80%
FCF Margin 8.70%
ROA -1.53%
ROE -80.96%
ROIC -51.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 0
Overweight 0
Hold 2
Underweight 0
Sell 2

Analyst Consensus: Underweight

Price Target

$0.54*
(4.15% upside)
Low
0.25
Current: $0.516
High
1.00
Target: 0.54
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue9571,0648195881,0741,7401,5251,4151,128747
Revenue Growth-10.12%30%39.31%-45.27%-38.29%14.09%7.77%25.42%50.95%-
Gross Profit24525618999.74263559475463362214
Operating Income-536-397-143-131-12924320224116173.28
Net Income-567-374-59.40-81.98-11917413015193.3423.94
Shares Outstanding11010998.6991.2389.9192.6390.7080.1163.2753.80
Earnings Per Share-5.15-3.44-0.60-0.90-1.331.831.371.741.380.44
EPS Growth-----33.58%-21.26%26.09%213.64%-
Operating Cash Flow1042.41-40.0364.7415627021113839.2865.98
Capital Expenditures-15.10-24.04-26.71-16.83-32.29-53.79-60.26-49.69-40.26-18.95
Free Cash Flow89.04-21.64-66.7447.9112421615188.26-0.9847.03
Cash & Equivalents57.9147.2411523410976.5839.5841.0620.5520.35
Total Debt450519508397396421513421667212
Net Cash / Debt-392-471-393-162-287-345-473-380-647-192
Assets1,1601,8302,1951,8351,8862,2142,1691,8931,607818
Liabilities674800786599629818838731952355
Book Value4861,0301,4091,2351,2571,3951,3301,161654463
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Forum Energy Technologies, Inc.
Country United States
Employees 2,300
CEO Christopher C. Gaut

Stock Information

Ticker Symbol FET
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Equipment & Services
Unique Identifier NYSE: FET
IPO Date April 12, 2012

Description

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 provide related services to the drilling, downhole, and subsea markets, and other markets, such as alternative energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling; downhole technologies, such as cementing and casing tools, and protection products for artificial lift equipment and cables; and subsea technologies, including robotic vehicles and other capital equipment, specialty components and tools, complementary subsea technical services and rental items, and products used in pipeline infrastructure. The Completions segment provides products and related services to the coiled tubing, stimulation, and intervention markets. This segment offers stimulation and intervention technologies, including hydraulic fracturing pumps, pump consumables, cooling systems, flow iron, wireline cable, and pressure control equipment as well as related recertification and refurbishment services; and coiled tubing products consisting of coiled tubing strings and line pipes. The Production segment designs, manufactures, and supplies products, and provides related equipment and services to the production and infrastructure markets. This segment supplies production equipment, including well site production and process equipment; and a range of industrial and process valves. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.