About Forum Energy Technologies
Forum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products and engages in aftermarket services, parts supply and related services. It operates through two segments: Drilling & Subsea, and Production & Infrastructure. Its product offering includes a mix of engineered capital products and replaced items that are used in the exploration, development, production and transportation of oil and natural gas. Its capital products are targeted at drilling rig equipment for rigs, upgrades and refurbishment projects; subsea construction and development projects; the placement of production equipment on producing wells; pressure pumping equipment, and downstream capital projects. Its engineered systems are components used on drilling rigs for completions or in the course of subsea operations, while its consumable products are used to maintain operations at well sites in the well construction process.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Equipment & Services
- Sub-Industry: Oil & Gas Equipment & Services
- Exchange: NYSE
- Symbol: FET
- CUSIP: 34984V10
- Previous Close: $20.10
- 50 Day Moving Average: $22.85
- 200 Day Moving Average: $20.14
- 52-Week Range: $8.50 - $26.25
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 41.02
- P/E Growth: -3.27
- Market Cap: $1.85B
- Outstanding Shares: 91,900,000
- Beta: 1.55
- Net Margins: -13.95%
- Return on Equity: -5.71%
- Return on Assets: -3.82%
Companies Related to Forum Energy Technologies:
- Debt-to-Equity Ratio: 0.34%
- Current Ratio: 5.23%
- Quick Ratio: 2.42%
What is Forum Energy Technologies' stock symbol?
Forum Energy Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "FET."
Where is Forum Energy Technologies' stock going? Where will Forum Energy Technologies' stock price be in 2017?
17 brokerages have issued twelve-month price objectives for Forum Energy Technologies' shares. Their forecasts range from $10.00 to $25.00. On average, they expect Forum Energy Technologies' stock price to reach $20.40 in the next twelve months.
When will Forum Energy Technologies announce their earnings?
Forum Energy Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Forum Energy Technologies stock?
Here are some recent quotes from research analysts about Forum Energy Technologies stock:
According to Zacks Investment Research, "Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company designs and manufactures products, and engages in aftermarket services, parts supply and related services that complement the Company's product offering. " (2/16/2017)
Credit Suisse Group analysts commented, "Silicon prices are near 10-year lows, but we see evidence of recent increases and expect further upside based on improving demand & a rising cost curve from peers in 2H16 and in the absence of improvement, a greater supply- side response to promote higher prices if the former fails to materialize. Our scenario analysis suggests favorable risk-reward with 2.1x upside vs. downside and we upgrade shares of GSM to Buy, setting our PT to $11.00. Pricing at or Near Trough: Silicon metals & alloy prices are at or near the bottom. There has recently been improvement in select indices for silicon metal, and several alloy prices, notably manganese (Mg) based, have improved YTD. Mg based alloys have increased +8-23% since the beginning of the year and ferrosilicon (FeSi) is up +6%. Further pricing improvement is expected given a) improved 2H16 demand (poly ramps a factor), b) higher energy costs in select markets, and c) weakness in the USD vs. 1Q16/4Q15. Analysis Indicates Favorable Risk-Reward: We believe risk-reward is attractive for GSM’s shares given 2.1x upside (+38%) to downside (-18%) based on our scenario analysis. Our base case assumes spot (Si US $0.91/lb, EU $0.83) prices to improve (2017E Si US $1.15/ lb, EU $1.02) while contract prices are estimated lower YoY and metals ASP increase to $0.78/ lb (+$0.03) YoY." (6/13/2016)
Who owns Forum Energy Technologies stock?
Forum Energy Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.08%), Silvercrest Asset Management Group LLC (2.82%), Champlain Investment Partners LLC (2.51%), Aberdeen Asset Management PLC UK (2.30%), State Street Corp (1.70%) and Cortina Asset Management LLC (1.28%). Company insiders that own Forum Energy Technologies stock include David C Baldwin, Evelyn M Angelle, James Whelan Harris and Prady Iyyanki.
Who sold Forum Energy Technologies stock? Who is selling Forum Energy Technologies stock?
Forum Energy Technologies' stock was sold by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Royce & Associates LP, GeoSphere Capital Management, Paradigm Asset Management Co. LLC, Highland Capital Management LP and Metropolitan Life Insurance Co. NY. Company insiders that have sold Forum Energy Technologies stock in the last year include David C Baldwin, James Whelan Harris and Prady Iyyanki.
Who bought Forum Energy Technologies stock? Who is buying Forum Energy Technologies stock?
Forum Energy Technologies' stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Loomis Sayles & Co. L P, Aberdeen Asset Management PLC UK, Cortina Asset Management LLC, State Street Corp, Nicholas Investment Partners LP, Dimensional Fund Advisors LP and Tudor Investment Corp Et Al.
How do I buy Forum Energy Technologies stock?
Shares of Forum Energy Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Forum Energy Technologies stock cost?
One share of Forum Energy Technologies stock can currently be purchased for approximately $20.10.