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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
66,000% upside on tiny biotech? (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Elon Did It Again: This Could be Bigger than Tesla (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
66,000% upside on tiny biotech? (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Elon Did It Again: This Could be Bigger than Tesla (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
66,000% upside on tiny biotech? (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Elon Did It Again: This Could be Bigger than Tesla (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
NYSE:FET

Forum Energy Technologies (FET) Stock Forecast, Price & News

$24.02
-0.97 (-3.88%)
(As of 09/29/2023 08:52 PM ET)
Compare
Today's Range
$23.90
$25.23
50-Day Range
$23.03
$27.49
52-Week Range
$20.30
$33.84
Volume
18,800 shs
Average Volume
75,447 shs
Market Capitalization
$243.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

FET stock logo

About Forum Energy Technologies (NYSE:FET) Stock

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 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 protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. 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. The company was incorporated in 2005 and is headquartered in Houston, Texas.

FET Price History

FET Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q2 2023 Forum Energy Technologies Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2022 Forum Energy Technologies Inc Earnings Call
See More Headlines
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FET Company Calendar

Last Earnings
8/03/2023
Today
10/01/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
34984V10
Employees
1,500
Year Founded
N/A

Profitability

Net Income
$3.71 million
Pretax Margin
0.18%

Debt

Sales & Book Value

Annual Sales
$699.90 million
Cash Flow
$3.06 per share
Book Value
$54.31 per share

Miscellaneous

Free Float
9,519,000
Market Cap
$243.80 million
Optionable
Optionable
Beta
2.85
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. C. Christopher Gaut (Age 67)
    Exec. Chairman
    Comp: $6.5M
  • Mr. Neal A. Lux (Age 48)
    Pres, CEO & Director
    Comp: $1.87M
  • Mr. David Lyle Williams Jr. (Age 53)
    Exec. VP & CFO
    Comp: $1.56M
  • Mr. John C. Ivascu (Age 45)
    Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.
    Comp: $1.6M
  • Ms. Katherine T. Keller (Age 40)
    VP, Principal Accounting Officer & Corp. Controller
  • Rob Kukla
    Director of Investor Relations
  • Mr. Michael D. Danford (Age 60)
    Sr. VP & Chief HR Officer
  • Mr. Tylar K. Schmitt (Age 50)
    VP of Fin. & Treasurer













FET Stock - Frequently Asked Questions

How have FET shares performed in 2023?

Forum Energy Technologies' stock was trading at $29.50 at the start of the year. Since then, FET shares have decreased by 18.6% and is now trading at $24.02.
View the best growth stocks for 2023 here
.

Are investors shorting Forum Energy Technologies?

Forum Energy Technologies saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 195,800 shares, a decrease of 15.1% from the August 31st total of 230,700 shares. Based on an average daily volume of 45,400 shares, the short-interest ratio is presently 4.3 days. Approximately 2.1% of the shares of the stock are sold short.
View Forum Energy Technologies' Short Interest
.

When is Forum Energy Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our FET earnings forecast
.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) announced its earnings results on Thursday, August, 3rd. The oil and gas company reported $0.10 EPS for the quarter. The oil and gas company had revenue of $185.40 million for the quarter. Forum Energy Technologies had a negative net margin of 0.86% and a negative trailing twelve-month return on equity of 0.61%.

When did Forum Energy Technologies' stock split?

Forum Energy Technologies's stock reverse split on Tuesday, November 10th 2020. The 1-20 reverse split was announced on Friday, October 30th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Monday, November 9th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Forum Energy Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forum Energy Technologies investors own include HD Supply (HDS), Invesque (IVQ), Brookline Bancorp (BRKL), Energy Transfer (ET), CBL & Associates Properties (CBL), NGL Energy Partners (NGL), Ford Motor (F), SandRidge Permian Trust (PER), C3.ai (AI) and Martin Midstream Partners (MMLP).

What is Forum Energy Technologies' stock symbol?

Forum Energy Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "FET."

How do I buy shares of Forum Energy Technologies?

Shares of FET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Forum Energy Technologies' stock price today?

One share of FET stock can currently be purchased for approximately $24.02.

How much money does Forum Energy Technologies make?

Forum Energy Technologies (NYSE:FET) has a market capitalization of $243.80 million and generates $699.90 million in revenue each year. The oil and gas company earns $3.71 million in net income (profit) each year or ($1.38) on an earnings per share basis.

How many employees does Forum Energy Technologies have?

The company employs 1,500 workers across the globe.

How can I contact Forum Energy Technologies?

Forum Energy Technologies' mailing address is 10344 SAM HOUSTON PARK DRIVE SUITE 300, HOUSTON TX, 77064. The official website for the company is www.f-e-t.com. The oil and gas company can be reached via phone at (713) 351-7900, via email at ir@f-e-t.com, or via fax at 281-949-2554.

This page (NYSE:FET) was last updated on 10/2/2023 by MarketBeat.com Staff

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