Home » Stocks » FET

Forum Energy Technologies, Inc. (FET)

Stock Price: $14.13 USD -0.52 (-3.55%)
Updated Jan 19, 2021 4:00 PM EST - Market closed
Market Cap 78.79M
Revenue (ttm) 599.29M
Net Income (ttm) -76.64M
Shares Out 5.58M
EPS (ttm) -13.92
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 19
Last Price $14.13
Previous Close $14.65
Change ($) -0.52
Change (%) -3.55%
Day's Open 14.99
Day's Range 13.70 - 15.08
Day's Volume 116,670
52-Week Range 3.18 - 26.40

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation
Zacks Investment Research - 1 week ago

Forum (FET) sells its ABZ and Quadrant-related assets to Anvil and Smith-Cooper to significantly improve its liquidity and financial flexibility.

Business Wire - 2 weeks ago

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 brand...

GuruFocus - 1 month ago

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 ...

Other stocks mentioned: CSU
Seeking Alpha - 2 months ago

Forum Energy Technologies, Inc. (FET) CEO Christopher Gaut on Q3 2020 Results - Earnings Call Transcript

Business Wire - 2 months ago

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...

Zacks Investment Research - 2 months ago

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.

Business Wire - 2 months ago

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 ...

Business Wire - 3 months ago

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 i...

Seeking Alpha - 5 months ago

Forum Energy Technologies, Inc. (FET) CEO Cris Gaut on Q2 2020 Results - Earnings Call Transcript

Business Wire - 5 months ago

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.

Business Wire - 5 months ago

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 sec...

Business Wire - 5 months ago

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 ex...

Business Wire - 6 months ago

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.

Zacks Investment Research - 6 months ago

Investors need to pay close attention to Forum Energy (FET) stock based on the movements in the options market lately.

Business Wire - 6 months ago

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...

Business Wire - 6 months ago

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 202...

Business Wire - 6 months ago

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% converti...

Business Wire - 6 months ago

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 ...

Zacks Investment Research - 9 months ago

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.

Benzinga - 10 months ago

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...

Other stocks mentioned: APY, CLB, HAL, HLX, HP, NBR, NEX, OII, PTEN, PUMP, RIG, SLB, WHD
Seeking Alpha - 11 months ago

Forum Energy Technologies, Inc. (FET) CEO Cris Gaut on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 11 months ago

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.

Zacks Investment Research - 11 months ago

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.

Seeking Alpha - 1 year ago

Forum Energy Technologies: International Operations Can Provide The Relief

Seeking Alpha - 1 year ago

Forum Energy Technologies' (FET) CEO Cris Gaut on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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.

Seeking Alpha - 1 year ago

Forum Energy Technologies' (FET) CEO Cris Gaut on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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?

Zacks Investment Research - 1 year ago

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.

Zacks Investment Research - 1 year ago

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 th...

Zacks Investment Research - 1 year ago

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.

Zacks Investment Research - 1 year ago

Forum Energy Technologies (FET) closed the most recent trading day at $3.83, moving +0.26% from the previous trading session.

Zacks Investment Research - 1 year ago

Industry watchers think Morgan Stanley's views on U.S. shale are highly optimistic and dependent on multiple caveats.

Other stocks mentioned: APA, CLMT, ICD, OMP, TALO
Seeking Alpha - 1 year ago

Forum Energy Technologies' (FET) CEO Cris Gaut on Q1 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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 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 ... [Read more...]

Industry
Oil & Gas Equipment & Services
IPO Date
Apr 12, 2012
CEO
C. Christopher Gaut
Employees
2,300
Stock Exchange
NYSE
Ticker Symbol
FET
Full Company Profile

Financial Performance

In 2019, FET's revenue was $956.53 million, a decrease of -10.12% compared to the previous year's $1.06 billion. Losses were -$567.06 million, 51.6% more than in 2018.

Financial Statements

Analyst Forecasts

According to 2 analysts, the average rating for FET stock is "Sell." The 12-month stock price forecast is 8.00, which is a decrease of -43.38% from the latest price.

Price Target
$8.00
(-43.38% downside)
Analyst Consensus: Sell