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NYSE:FET

Forum Energy Technologies - FET Stock Forecast, Price & News

$27.98
-1.54 (-5.22%)
(As of 11/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$27.22
▼
$29.17
50-Day Range
$20.49
▼
$29.85
52-Week Range
$14.71
▼
$30.99
Volume
22,942 shs
Average Volume
31,643 shs
Market Capitalization
$160.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Forum Energy Technologies MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.69mentions of Forum Energy Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$10,280 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.39 out of 5 stars

Oils/Energy Sector

229th out of 245 stocks

Oil & Gas Field Machinery Industry

12th out of 12 stocks

See Top Rated MarketRank™ Stocks Here
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.

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FET Stock News Headlines

November 27, 2022 | americanbankingnews.com
Forum Energy Technologies (NYSE:FET) Rating Lowered to Hold at StockNews.com
November 9, 2022 | seekingalpha.com
Forum Energy Technologies, Inc. (FET) Q3 2022 Earnings Call Transcript
November 8, 2022 | finance.yahoo.com
Forum Energy Technologies Announces Third Quarter 2022 Results and Outlook
October 18, 2022 | finance.yahoo.com
Forum Energy Technologies Announces Date and Time Change For Third Quarter 2022 Earnings Release and Conference Call
October 4, 2022 | finance.yahoo.com
Forum Energy Technologies Announces Timing of Third Quarter 2022 Earnings Release and Conference Call
September 14, 2022 | seekingalpha.com
Forum Energy: Consumables Demand, Booking Growth Can Accelerate Returns
September 9, 2022 | finance.yahoo.com
Forum Energy Technologies, Inc. (FET)
September 6, 2022 | nasdaq.com
Is Forum Energy Technologies (NYSE:FET) Using Too Much Debt?
August 18, 2022 | msn.com
Forum Energy Technologies Earnings Perspective: Return On Capital Employed
August 17, 2022 | finance.yahoo.com
Forum Energy Technologies (NYSE:FET) investors are sitting on a loss of 88% if they invested five years ago
August 9, 2022 | markets.businessinsider.com
Why U.S. Stocks Are Trading Mixed; Labor Costs Increase Higher-Than-Expected In Q2
August 4, 2022 | finance.yahoo.com
Forum Energy Technologies Announces Second Quarter 2022 Results
July 20, 2022 | finance.yahoo.com
Forum Energy Technologies Announces Timing of Second Quarter 2022 Earnings Release and Conference Call
July 7, 2022 | finance.yahoo.com
What You Need To Know About Forum Energy Technologies, Inc.'s (NYSE:FET) Investor Composition
July 6, 2022 | morningstar.com
Forum Energy Technologies Inc - Stock Dividends FET
May 5, 2022 | finance.yahoo.com
Forum Energy Technologies Announces First Quarter 2022 Results
April 14, 2022 | finance.yahoo.com
Forum Energy Technologies Announces Timing of First Quarter 2022 Earnings Release and Conference Call
February 28, 2022 | apnews.com
Forum Energy: Q4 Earnings Snapshot
February 25, 2022 | benzinga.com
Preview: Forum Energy Technologies's Earnings
February 7, 2022 | seekingalpha.com
Forum Energy Tech drops after guiding Q4 EBITDA below prior guidance
February 7, 2022 | finance.yahoo.com
Forum Energy Technologies Provides Fourth Quarter 2021 Operational Update and Announces Timing of Earnings Conference Call
January 18, 2022 | markets.businessinsider.com
Mid-Afternoon Market Update: Dow Dips 500 Points; NeuroMetrix Shares Spike Higher
December 6, 2021 | finance.yahoo.com
Forum Energy Technologies promotes exec to CEO
December 6, 2021 | nasdaq.com
Forum Energy Promotes Neal Lux To Succeed Christopher Gaut As President And CEO - Quick Facts
December 6, 2021 | finance.yahoo.com
Forum Energy Technologies Announces CEO Succession
See More Headlines
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FET Company Calendar

Last Earnings
11/04/2021
Today
11/28/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/27/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
Sector
Oils/Energy
Current Symbol
NYSE:FET
CUSIP
34984V10
CIK
1401257
Web
www.f-e-t.com
Phone
(713) 351-7900
Fax
281-949-2554
Employees
1,400
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
($2.11)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-82,650,000.00
Net Margins
-0.46%
Pretax Margin
-0.19%
Return on Equity
-9.47%
Return on Assets
-3.74%

Debt

Debt-to-Equity Ratio
0.82
Current Ratio
2.43
Quick Ratio
1.05

Sales & Book Value

Annual Sales
$541.10 million
Price / Sales
0.30
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$57.94 per share
Price / Book
0.48

Miscellaneous

Outstanding Shares
5,732,000
Free Float
5,101,000
Market Cap
$160.38 million
Optionable
Optionable
Beta
2.97

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
  • Ms. Katherine T. Keller (Age 39)
    VP, Principal Accounting Officer & Corp. Controller
  • 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













FET Stock - Frequently Asked Questions

How have FET shares performed in 2022?

Forum Energy Technologies' stock was trading at $16.05 at the start of the year. Since then, FET shares have increased by 75.6% and is now trading at $28.18.
View the best growth stocks for 2022 here.

When is Forum Energy Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our FET earnings forecast.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) released its quarterly earnings results on Thursday, November, 4th. The oil and gas company reported ($2.25) EPS for the quarter, missing the consensus estimate of ($1.33) by $0.92. The oil and gas company earned $141 million during the quarter, compared to analysts' expectations of $150 million. Forum Energy Technologies had a negative net margin of 0.46% and a negative trailing twelve-month return on equity of 9.47%. During the same quarter last year, the firm posted ($6.00) earnings per share.

When did Forum Energy Technologies' stock split?

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 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, September, 1st. The company provided earnings per share 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 many different institutional and retail investors. Top institutional shareholders include SCF Partners Inc. (4.65%), Vanguard Group Inc. (4.58%), Allspring Global Investments Holdings LLC (3.78%), Dimensional Fund Advisors LP (3.00%), Monaco Asset Management SAM (2.79%) and BlackRock Inc. (1.33%). Insiders that own company stock include C Christopher Gaut, John A Carrig, 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 $28.18.

How much money does Forum Energy Technologies make?

Forum Energy Technologies (NYSE:FET) has a market capitalization of $161.53 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 ($2.11) 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 11/28/2022 by MarketBeat.com Staff