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NYSE:FET

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

Forum Energy Technologies logo
$78.04 -3.38 (-4.15%)
Closing price 03:58 PM Eastern
Extended Trading
$78.55 +0.51 (+0.65%)
As of 06:02 PM Eastern
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About Forum Energy Technologies Stock (NYSE:FET)

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Key Stats

Today's Range
$77.48
$83.86
50-Day Range
$46.78
$86.28
52-Week Range
$23.04
$87.42
Volume
177,603 shs
Average Volume
200,822 shs
Market Capitalization
$877.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Moderate Buy

Company Overview

Forum Energy Technologies Inc is a global provider of advanced products and services to the oil and gas industry. The company’s offerings span the full lifecycle of exploration and production, including drilling, well construction, completion and production, and subsea operations. Key product lines include premium drill bits, downhole drilling motors, directional drilling tools, subsea umbilicals, and pressure control equipment, complemented by field service support and engineered solutions for complex projects.

Established through the merger of Forum Oilfield Technologies, Triton Group, Global Energy Group, and Allen International in 2010, Forum Energy Technologies has built a diversified technology portfolio designed to meet evolving industry requirements. Over the years, the company has expanded its research and development capabilities, investing in innovations such as digital drilling optimization, advanced materials for wear resistance, and integrated monitoring systems for real-time well performance analysis.

Headquartered in Houston, Texas, Forum Energy Technologies operates a network of manufacturing facilities, service centers, and sales offices across North America, Latin America, Europe, the Middle East, Asia Pacific, and Africa. This global footprint enables the company to support major offshore and onshore projects, from deepwater developments to unconventional shale plays. Strategic partnerships and licensing agreements further extend its regional presence and technical reach.

Forum Energy Technologies is led by a management team with extensive industry experience. Chief Executive Officer Jeremy Thigpen and Chief Financial Officer Ross Brower oversee a leadership group focused on operational excellence, technology advancement, and customer collaboration. The company’s governance structure emphasizes safety, quality assurance, and environmental responsibility in its field operations and manufacturing processes.

AI Generated. May Contain Errors.

Forum Energy Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
47th Percentile Overall Score

FET MarketRank™: 

Forum Energy Technologies scored higher than 47% of companies evaluated by MarketBeat, and ranked 173rd out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Forum Energy Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, no buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Forum Energy Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about Forum Energy Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Forum Energy Technologies are expected to grow by 21.77% in the coming year, from $3.95 to $4.81 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Forum Energy Technologies is -520.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Forum Energy Technologies is -520.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Forum Energy Technologies has a PEG Ratio of 2.61. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Forum Energy Technologies has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Forum Energy Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    7.11% of the float of Forum Energy Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Forum Energy Technologies has a short interest ratio ("days to cover") of 4.47.
  • Change versus previous month

    Short interest in Forum Energy Technologies has recently decreased by 5.27%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Forum Energy Technologies does not currently pay a dividend.

  • Dividend Growth

    Forum Energy Technologies does not have a long track record of dividend growth.

  • News Sentiment

    Forum Energy Technologies has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Forum Energy Technologies this week, compared to 3 articles on an average week.
  • Search Interest

    12 people have searched for FET on MarketBeat in the last 30 days. This is an increase of 1,100% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Forum Energy Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Forum Energy Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $877,615.00 in company stock.

  • Percentage Held by Insiders

    7.70% of the stock of Forum Energy Technologies is held by insiders.

  • Percentage Held by Institutions

    65.60% of the stock of Forum Energy Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Forum Energy Technologies' insider trading history.
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FET Stock News Headlines

Major Buy Alert Issued for August 31st
Keith Kaplan has invested $17 million into his own AI research tools, building a platform now used by 180,000 people worldwide. His system has flagged a handful of stocks worth watching ahead of August 31st. See which stocks his AI research platform is flagging right now.tc pixel
Forum Energy Technologies: Management Keeps Delivering
Forum Energy Technologies, Inc.
See More Headlines

FET Stock Analysis - Frequently Asked Questions

Forum Energy Technologies' stock was trading at $37.0020 on January 1st, 2026. Since then, FET shares have increased by 110.9% and is now trading at $78.04.

Forum Energy Technologies, Inc. (NYSE:FET) posted its quarterly earnings results on Thursday, July, 30th. The oil and gas company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.60. The oil and gas company earned $226.22 million during the quarter, compared to analyst estimates of $212.35 million. Forum Energy Technologies had a negative net margin of 0.19% and a positive trailing twelve-month return on equity of 9.45%.
Read the conference call transcript
.

Shares of Forum Energy Technologies 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 market closes 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.

Forum Energy Technologies (FET) raised $300 million in an IPO on Thursday, April 12th 2012. The company issued 15,789,472 shares at a price of $18.00-$20.00 per share.

Top institutional investors of Forum Energy Technologies include BlackRock Inc. (8.46%), Empowered Funds LLC (4.45%), De Lisle Partners LLP (2.02%) and JB Capital Partners LP (1.07%). Insiders that own company stock include C Christopher Gaut, Neal Lux, John C Ivascu, Michael Dewayne Danford and Louis Raspino.
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Forum Energy Technologies investors own include Brookline Bancorp (BRKL), Invesque (IVQ), Advanced Micro Devices (AMD), NVIDIA (NVDA), Meta Platforms (META) and Tesla (TSLA).

Company Calendar

Last Earnings
7/30/2026
Today
8/20/2026
Next Earnings (Estimated)
10/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Energy Equipment & Services
Sub-Industry
Oil & Gas Equipment & Services
Current Symbol
NYSE:FET
CIK
1401257
Employees
1,700
Year Founded
2005

Profitability

EPS (Trailing Twelve Months)
($0.15)
Trailing P/E Ratio
N/A
Forward P/E Ratio
19.76
P/E Growth
2.61
Net Income
-$9.66 million
Net Margins
-0.19%
Pretax Margin
2.54%
Return on Equity
9.45%
Return on Assets
3.58%

Debt

Debt-to-Equity Ratio
0.49
Current Ratio
2.19
Quick Ratio
1.13

Sales & Book Value

Annual Sales
$791.47 million
Price / Sales
1.11
Cash Flow
$3.42 per share
Price / Cash Flow
22.79
Book Value
$25.77 per share
Price / Book
3.03

Miscellaneous

Outstanding Shares
11,250,000
Free Float
10,380,000
Market Cap
$877.95 million
Optionable
Optionable
Beta
0.53

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This page (NYSE:FET) was last updated on 8/20/2026 by MarketBeat.com Staff.
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