Forum Energy Technologies, Inc. (FET)
NYSE: FET · Real-Time Price · USD
20.79
+0.68 (3.36%)
Apr 1, 2025, 3:39 PM EDT - Market open

Company Description

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 communications industries.

This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services.

The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets.

This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves.

It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers.

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.

Forum Energy Technologies, Inc.
Forum Energy Technologies logo
Country United States
Founded 2005
IPO Date Apr 12, 2012
Industry Oil & Gas Equipment & Services
Sector Energy
Employees 1,800
CEO Neal Lux

Contact Details

Address:
10344 Sam Houston Park Drive, Suite 300
Houston, Texas 77064
United States
Phone 713 351 7900
Website f-e-t.com

Stock Details

Ticker Symbol FET
Exchange NYSE
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001401257
CUSIP Number 34984V209
ISIN Number US34984V2097
Employer ID 61-1488595
SIC Code 3533

Key Executives

Name Position
Neal A. Lux President, Chief Executive Officer and Director
David Lyle Williams Jr. Executive Vice President and Chief Financial Officer
John C. Ivascu J.D. Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Katherine C. Keller Senior Vice President and Chief Accounting Officer
Rob Kukla Director of Investor Relations
Michael D. Danford Senior Vice President and Chief Human Resources Officer
Steven Pounds Senior Vice President of Operations
Mark Brookes Senior Vice President of Operations
Tylar K. Schmitt Vice President of Finance and Treasurer

Latest SEC Filings

Date Type Title
Mar 28, 2025 ARS Filing
Mar 28, 2025 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 28, 2025 DEF 14A Other definitive proxy statements
Mar 18, 2025 PRE 14A Other preliminary proxy statements
Mar 7, 2025 4 Statement of changes in beneficial ownership of securities
Mar 3, 2025 10-K Annual Report
Feb 20, 2025 8-K Current Report
Feb 19, 2025 8-K Current Report
Jan 22, 2025 SCHEDULE 13G/A Filing
Dec 23, 2024 SCHEDULE 13G/A Filing