Forum Energy Technologies, Inc. (FET)
NYSE: FET · Real-Time Price · USD
15.25
+0.36 (2.42%)
Nov 22, 2024, 4:00 PM EST - Market closed

Company Description

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, renewable energy, defense, and communications.

This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and technical services.

The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe and related services.

The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets.

This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications.

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 1,600
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
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
Katherine T. 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
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 12, 2024 8-K Current Report
Nov 8, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 4, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 1, 2024 10-Q Quarterly Report
Oct 31, 2024 8-K Current Report
Oct 22, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Oct 18, 2024 8-K Current Report
Oct 15, 2024 8-K Current Report
Aug 2, 2024 10-Q Quarterly Report