FORUM ENERGY TECHNOLOGIES, INC. (FET)


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April 25, 2024


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About the Company

Forum Energy Technologies is a global oilfield products company that provides products and services to the oil and gas, and renewable industries. Forum Energy Technologies was founded in 2010 as a result of the merger of five oilfield products companies: Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology. Triton Group was a UK-based provider of subsea products and services, including remotely operated vehicles (ROVs), intervention tools, and subsea engineering services. Triton Group was formed in 2007 as a result of the merger of Perry Slingsby Systems, Sub-Atlantic, UK Project Support Ltd, and Dynamic Positioning Services Ltd. Global Flow Technologies was a US-based company that provided flow management products and services, including choke and control valves, flowline products, and flow measurement products. Allied Technology was a US-based company that provided drilling equipment, including drilling motors, rotary steerable systems, and drilling optimization software. Forum Oilfield Technologies was originally founded in 2005 as an independent company focused on providing drilling products and services to the oil and gas industry. The company was based in Houston, Texas, and grew quickly through a combination of organic growth and strategic acquisitions. Today, Forum Energy Technologies' Subsea division provides a range of subsea equipment and services, including ROVs, intervention tooling, subsea structures, pipeline connectors, and survey and positioning equipment. The division operates globally, with locations in the UK, Norway, Singapore, Brazil, and the US. The company operates globally in multiple business segments related to the energy industry. Forum Energy Technologies is traded on the New York Stock Exchange (NYSE) under the ticker "FET".

Sector

Technology

Industry

Oil & Gas Field Machinery & Equipment

Employees

1279

Exchange

NYSE

$582M

Total Revenue

1K

Employees

$201M

Market Capitalization

-18.88

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $FET News

FET Forum Energy Technologies, Inc.

5mon ago, source: Seeking Alpha

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.

With 53% institutional ownership, Forum Energy Technologies, Inc. (NYSE:FET) is a favorite amongst the big guns

28d ago, source: Yahoo Finance

Significantly high institutional ownership implies Forum Energy Technologies ... sales by insiders Every investor in Forum Energy Technologies, Inc. (NYSE:FET) should be aware of the most powerful ...

Forum Energy Technologies, Inc. (NYSE:FET) Q4 2023 Earnings Call Transcript

1mon ago, source: Insider Monkey

And I guess the Variperm deal proved that — I mean, good acquisitions and return of capital probably don’t have to be mutually exclusive events. You can do both. And just when you’re ...

Forum Energy Technologies Announces Timing of First Quarter 2024 Earnings Conference Call

9d ago, source:

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2024 earnings conference call ...

Forum Energy: Q4 Earnings Snapshot

1mon ago, source: seattlepi.com

HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported a loss of $16.8 million in its fourth quarter. The Houston-based company said it had a loss of $1.64 per ...

Forum Energy Technologies, Inc.

3mon ago, source: CNN

Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry. The firm operates through three segments: Drilling & Downhole, Completions ...

Forum Energy Technologies Inc

14d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Forum Energy Technologies Inc.

29d ago, source: Wall Street Journal

No significant news for in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...

Forum Energy Technologies Inc

8d ago, source: U.S. News & World Report

For most investors, the best investment strategy is to buy good stocks and hold them for the long run.

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