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NYSE:FET

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

$18.27
+0.13 (+0.72%)
(As of 07/26/2024 ET)
Today's Range
$17.98
$18.42
50-Day Range
$15.43
$18.41
52-Week Range
$15.27
$28.73
Volume
25,968 shs
Average Volume
35,475 shs
Market Capitalization
$224.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
FET stock logo

About Forum Energy Technologies Stock (NYSE:FET)

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.

FET Stock Price History

FET Stock News Headlines

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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
34984V10
Employees
1,600
Year Founded
N/A

Profitability

Net Income
$-18,880,000.00
Pretax Margin
-1.85%

Debt

Sales & Book Value

Annual Sales
$738.90 million
Cash Flow
$3.45 per share
Book Value
$40.48 per share

Miscellaneous

Free Float
11,522,000
Market Cap
$224.36 million
Optionable
Optionable
Beta
2.53
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Key Executives

  • Mr. Neal A. Lux (Age 48)
    President, CEO & Director
    Comp: $1.19M
  • Mr. David Lyle Williams Jr. (Age 54)
    Executive VP & CFO
    Comp: $778.53k
  • Mr. John C. Ivascu (Age 46)
    Executive VP, General Counsel, Chief Compliance Officer & Corporate Secretary
    Comp: $623.04k
  • Ms. Katherine T. Keller (Age 40)
    Senior VP & Chief Accounting Officer
  • Rob Kukla
    Director of Investor Relations
  • Mr. Michael D. Danford (Age 61)
    Senior VP & Chief Human Resources Officer
    Comp: $419.87k
  • Mr. Steven Pounds (Age 51)
    Senior Vice President of Operations
  • Mr. Mark Brookes (Age 48)
    Senior Vice President of Operations
  • Mr. Tylar K. Schmitt (Age 51)
    VP of Finance & Treasurer

FET Stock Analysis - Frequently Asked Questions

How have FET shares performed this year?

Forum Energy Technologies' stock was trading at $22.17 on January 1st, 2024. Since then, FET stock has decreased by 17.6% and is now trading at $18.27.
View the best growth stocks for 2024 here
.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) announced its quarterly earnings results on Thursday, May, 2nd. The oil and gas company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.81) by $0.69. The oil and gas company had revenue of $202.40 million for the quarter, compared to the consensus estimate of $211.60 million. Forum Energy Technologies had a negative trailing twelve-month return on equity of 0.94% and a negative net margin of 3.42%.

When did Forum Energy Technologies' stock split?

Forum Energy Technologies shares 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.

Who are Forum Energy Technologies' major shareholders?

Top institutional investors of Forum Energy Technologies include Allspring Global Investments Holdings LLC (2.08%) and Bank of New York Mellon Corp (0.45%). Insiders that own company stock include C Christopher Gaut, Neal Lux, John C Ivascu, Scf Partners, Inc and Michael Mcshane.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Forum Energy Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Ford Motor (F).

This page (NYSE:FET) was last updated on 7/27/2024 by MarketBeat.com Staff

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