S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Dems push Biden climate, health priorities toward Senate OK
NYSE:FET

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

$23.30
+3.39 (+17.03%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$19.40
$23.87
50-Day Range
$17.17
$25.47
52-Week Range
$14.71
$26.20
Volume
189,332 shs
Average Volume
19,551 shs
Market Capitalization
$133.28 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
6.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.06mentions of Forum Energy Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

0.95 out of 5 stars

Oils/Energy Sector

305th out of 336 stocks

Oil & Gas Field Machinery Industry

13th out of 13 stocks

Forum Energy Technologies 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 Stock Up 17.0 %

FET Stock traded up $3.39 on Friday, reaching $23.30. 189,332 shares of the company traded hands, compared to its average volume of 19,551. Forum Energy Technologies has a one year low of $14.71 and a one year high of $26.20. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.38 and a quick ratio of 1.00. The company has a market cap of $133.28 million, a P/E ratio of -2.12 and a beta of 3.21. The firm has a fifty day simple moving average of $20.96 and a 200-day simple moving average of $21.23.

Forum Energy Technologies (NYSE:FET - Get Rating) last posted its quarterly earnings data on Thursday, May 5th. The oil and gas company reported ($2.00) earnings per share for the quarter. Forum Energy Technologies had a negative net margin of 10.69% and a negative return on equity of 15.30%. The company had revenue of $155.20 million for the quarter.

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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
8/07/2022
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
-10.56%

Debt

Sales & Book Value

Annual Sales
$541.10 million
Book Value
$57.94 per share

Miscellaneous

Free Float
5,092,000
Market Cap
$133.28 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 has Forum Energy Technologies' stock price 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 45.2% and is now trading at $23.30.
View the best growth stocks for 2022 here
.

When is Forum Energy Technologies' next earnings date?

Forum Energy Technologies is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Forum Energy Technologies
.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) posted its earnings results on Thursday, November, 4th. The oil and gas company reported ($2.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.33) by $0.92. The oil and gas company earned $141 million during the quarter, compared to analyst estimates of $150 million. Forum Energy Technologies had a negative net margin of 10.69% and a negative trailing twelve-month return on equity of 15.30%. During the same quarter in the prior year, the firm posted ($6.00) earnings per share.

When did Forum Energy Technologies' stock split? How did Forum Energy Technologies' stock split work?

Shares of Forum Energy Technologies reverse split on the morning of 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 Forum Energy Technologies 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, 4th. 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 variety of retail and institutional investors. Top institutional shareholders include Icon Wealth Partners LLC (0.57%) and Dorsey Wright & Associates (0.03%). Company insiders that own Forum Energy Technologies stock include Andrew L Waite, C Christopher Gaut, John A Carrig, Michael Dewayne Danford, Neal Lux and Scf Partners, Inc.
View institutional ownership trends for Forum Energy Technologies
.

How do I buy shares of Forum Energy Technologies?

Shares of FET 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 $23.30.

How much money does Forum Energy Technologies make?

Forum Energy Technologies (NYSE:FET) has a market capitalization of $133.28 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?

Forum Energy Technologies 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 Forum Energy Technologies 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 8/7/2022 by MarketBeat.com Staff

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