Forum Energy Technologies, Inc. (FET)
Stock Price Chart
Key Info
| Market Cap | 61.24M |
| Revenue (ttm) | 734.95M |
| Net Income (ttm) | -588.07M |
| Shares Out | 111.34M |
| EPS (ttm) | -5.30 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Oct 20, 2020 |
| Last Price | $0.550 |
| Previous Close | $0.560 |
| Change ($) | -0.010 |
| Change (%) | -1.79% |
| Day's Open | 0.545 |
| Day's Range | 0.545 - 0.575 |
| Day's Volume | 613,469 |
| 52-Week Range | 0.150 - 2.010 |
More Stats
| Market Cap | 61.24M |
| Enterprise Value | 409.41M |
| Earnings Date (est) | Nov 6, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 111.34M |
| Float | 95.70M |
| EPS (basic) | -5.32 |
| EPS (diluted) | -5.30 |
| FCF / Share | 0.48 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | n/a |
| FCF Yield | 88.04% |
| Payout Ratio | n/a |
| Shares Short | 2.47M |
| Short Ratio | 2.43 |
| Short % of Float | 2.58% |
| Beta | 4.20 |
| PE Ratio | n/a |
| Forward PE | n/a |
| P/FCF Ratio | 1.14 |
| PS Ratio | 0.08 |
| PB Ratio | 0.15 |
| Revenue | 734.95M |
| Operating Income | -631.57M |
| Net Income | -588.07M |
| Free Cash Flow | 53.91M |
| Net Cash | -348.17M |
| Net Cash / Share | -3.13 |
| Gross Margin | 33.32% |
| Operating Margin | -85.93% |
| Profit Margin | -80.00% |
| FCF Margin | 7.34% |
| ROA | -3.14% |
| ROE | -80.49% |
| ROIC | -54.50% |
Analyst Summary
Analyst Consensus: Sell
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 957 | 1,064 | 819 | 588 | 1,074 | 1,740 | 1,525 | 1,415 | 1,128 | 747 |
| Revenue Growth | -10.12% | 30% | 39.31% | -45.27% | -38.29% | 14.09% | 7.77% | 25.42% | 50.95% | - |
| Gross Profit | 245 | 256 | 189 | 99.74 | 263 | 559 | 475 | 463 | 362 | 214 |
| Operating Income | -536 | -397 | -143 | -131 | -129 | 243 | 202 | 241 | 161 | 73.28 |
| Net Income | -567 | -374 | -59.40 | -81.98 | -119 | 174 | 130 | 151 | 93.34 | 23.94 |
| Shares Outstanding | 110 | 109 | 98.69 | 91.23 | 89.91 | 92.63 | 90.70 | 80.11 | 63.27 | 53.80 |
| Earnings Per Share | -5.15 | -3.44 | -0.60 | -0.90 | -1.33 | 1.83 | 1.37 | 1.74 | 1.38 | 0.44 |
| EPS Growth | - | - | - | - | - | 33.58% | -21.26% | 26.09% | 213.64% | - |
| Operating Cash Flow | 104 | 2.41 | -40.03 | 64.74 | 156 | 270 | 211 | 138 | 39.28 | 65.98 |
| Capital Expenditures | -15.10 | -24.04 | -26.71 | -16.83 | -32.29 | -53.79 | -60.26 | -49.69 | -40.26 | -18.95 |
| Free Cash Flow | 89.04 | -21.64 | -66.74 | 47.91 | 124 | 216 | 151 | 88.26 | -0.98 | 47.03 |
| Cash & Equivalents | 57.91 | 47.24 | 115 | 234 | 109 | 76.58 | 39.58 | 41.06 | 20.55 | 20.35 |
| Total Debt | 450 | 519 | 508 | 397 | 396 | 421 | 513 | 421 | 667 | 212 |
| Net Cash / Debt | -392 | -471 | -393 | -162 | -287 | -345 | -473 | -380 | -647 | -192 |
| Assets | 1,160 | 1,830 | 2,195 | 1,835 | 1,886 | 2,214 | 2,169 | 1,893 | 1,607 | 818 |
| Liabilities | 674 | 800 | 786 | 599 | 629 | 818 | 838 | 731 | 952 | 355 |
| Book Value | 486 | 1,030 | 1,409 | 1,235 | 1,257 | 1,395 | 1,330 | 1,161 | 654 | 463 |
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 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.