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S&P 500   4,280.15
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What Is WallStreetBets and What Stocks Are They Targeting?
3rd Massive Dollar Upheaval Has Started (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
3rd Massive Dollar Upheaval Has Started (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
3rd Massive Dollar Upheaval Has Started (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
3rd Massive Dollar Upheaval Has Started (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
3rd Massive Dollar Upheaval Has Started (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
3rd Massive Dollar Upheaval Has Started (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
NYSE:FET

Forum Energy Technologies - FET Stock Forecast, Price & News

$26.24
+0.82 (+3.23%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$24.59
$26.51
50-Day Range
$17.17
$26.24
52-Week Range
$14.71
$26.51
Volume
26,277 shs
Average Volume
33,673 shs
Market Capitalization
$150.12 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. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

Forum Energy Technologies Trading Up 3.2 %

NYSE:FET traded up $0.82 on Friday, reaching $26.24. The company had a trading volume of 26,277 shares, compared to its average volume of 33,673. The stock's 50 day moving average is $20.99 and its 200-day moving average is $21.41. The stock has a market cap of $150.12 million, a price-to-earnings ratio of -4.25 and a beta of 3.21. The company has a quick ratio of 1.00, a current ratio of 2.63 and a debt-to-equity ratio of 0.87. Forum Energy Technologies has a 52 week low of $14.71 and a 52 week high of $26.51.

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FET Stock News Headlines

Forum Energy: Q4 Earnings Snapshot
Preview: Forum Energy Technologies's Earnings
Forum Energy Technologies promotes exec to CEO
Forum Energy Technologies Announces CEO Succession
Forum Energy Technologies's Earnings Outlook
Forum Energy Technologies: Debt Overview
See More Headlines
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FET Company Calendar

Last Earnings
11/04/2021
Today
8/12/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
34984V10
Employees
1,400
Year Founded
N/A

Profitability

Net Income
$-82,650,000.00
Pretax Margin
-4.84%

Debt

Sales & Book Value

Annual Sales
$541.10 million
Book Value
$53.92 per share

Miscellaneous

Free Float
5,092,000
Market Cap
$150.12 million
Optionable
Optionable
Beta
3.21

Key Executives

  • Mr. C. Christopher Gaut (Age 66)
    Exec. Chairman
    Comp: $1.45M
  • Mr. Neal Lux (Age 46)
    Pres, CEO & Director
    Comp: $672.29k
  • Mr. David Lyle Williams Jr. (Age 52)
    Exec. VP & CFO
    Comp: $673.95k
  • Mr. John McElroy (Age 37)
    VP & Chief Accounting Officer
  • Mr. John C. Ivascu (Age 44)
    Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.
  • Mr. Michael D. Danford (Age 59)
    Sr. VP & Chief HR Officer
  • Mr. Tylar K. Schmitt (Age 49)
    VP of Fin. & Treasurer













FET Stock - Frequently Asked Questions

How have FET shares performed in 2022?

Forum Energy Technologies' stock was trading at $16.05 at the beginning of the year. Since then, FET shares have increased by 62.0% and is now trading at $26.00.
View the best growth stocks for 2022 here
.

Are investors shorting Forum Energy Technologies?

Forum Energy Technologies saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 294,700 shares, a drop of 10.3% from the July 15th total of 328,600 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is presently 9.0 days. Approximately 6.0% of the shares of the company 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 Thursday, November 3rd 2022.
View our FET earnings forecast
.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) posted its quarterly earnings results on Thursday, November, 4th. The oil and gas company reported ($2.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.33) by $0.92. The oil and gas company had revenue of $141 million for the quarter, compared to the consensus estimate of $150 million. Forum Energy Technologies had a negative trailing twelve-month return on equity of 12.63% and a negative net margin of 5.04%. During the same period in the prior year, the firm posted ($6.00) EPS.

When did Forum Energy Technologies' stock split?

Shares of Forum Energy Technologies reverse split before market open 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 guidance has Forum Energy Technologies issued on next quarter's earnings?

Forum Energy Technologies issued an update on its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $170.00 million-$180.00 million.

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."

Who are Forum Energy Technologies' major shareholders?

Forum Energy Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include SCF Partners Inc. (7.43%), Icon Wealth Partners LLC (0.57%) and Dorsey Wright & Associates (0.03%). Insiders that own company stock include Andrew L Waite, C Christopher Gaut, John A Carrig, Michael Dewayne Danford, Neal Lux and Scf Partners, Inc.
View institutional ownership trends
.

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 $26.00.

How much money does Forum Energy Technologies make?

Forum Energy Technologies (NYSE:FET) has a market capitalization of $148.72 million and generates $541.10 million in revenue each year. The oil and gas company earns $-82,650,000.00 in net income (profit) each year or ($5.98) on an earnings per share basis.

How many employees does Forum Energy Technologies have?

The company employs 1,400 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 8/13/2022 by MarketBeat.com Staff

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