QQQ   348.89 (-0.31%)
AAPL   179.20 (+1.07%)
MSFT   330.70 (-0.15%)
META   263.77 (+0.48%)
GOOGL   123.17 (-0.40%)
AMZN   120.21 (-1.19%)
TSLA   199.96 (-0.60%)
NVDA   386.54 (-3.63%)
NIO   7.39 (-0.27%)
BABA   79.23 (+0.71%)
AMD   120.08 (-4.14%)
T   15.79 (+0.96%)
F   12.08 (-4.05%)
MU   68.48 (-4.48%)
CGC   0.81 (-4.30%)
GE   100.91 (-1.46%)
DIS   87.96 (+0.16%)
AMC   4.48 (-3.24%)
PFE   37.78 (+2.08%)
PYPL   61.79 (-0.42%)
NFLX   395.45 (+0.63%)
QQQ   348.89 (-0.31%)
AAPL   179.20 (+1.07%)
MSFT   330.70 (-0.15%)
META   263.77 (+0.48%)
GOOGL   123.17 (-0.40%)
AMZN   120.21 (-1.19%)
TSLA   199.96 (-0.60%)
NVDA   386.54 (-3.63%)
NIO   7.39 (-0.27%)
BABA   79.23 (+0.71%)
AMD   120.08 (-4.14%)
T   15.79 (+0.96%)
F   12.08 (-4.05%)
MU   68.48 (-4.48%)
CGC   0.81 (-4.30%)
GE   100.91 (-1.46%)
DIS   87.96 (+0.16%)
AMC   4.48 (-3.24%)
PFE   37.78 (+2.08%)
PYPL   61.79 (-0.42%)
NFLX   395.45 (+0.63%)
QQQ   348.89 (-0.31%)
AAPL   179.20 (+1.07%)
MSFT   330.70 (-0.15%)
META   263.77 (+0.48%)
GOOGL   123.17 (-0.40%)
AMZN   120.21 (-1.19%)
TSLA   199.96 (-0.60%)
NVDA   386.54 (-3.63%)
NIO   7.39 (-0.27%)
BABA   79.23 (+0.71%)
AMD   120.08 (-4.14%)
T   15.79 (+0.96%)
F   12.08 (-4.05%)
MU   68.48 (-4.48%)
CGC   0.81 (-4.30%)
GE   100.91 (-1.46%)
DIS   87.96 (+0.16%)
AMC   4.48 (-3.24%)
PFE   37.78 (+2.08%)
PYPL   61.79 (-0.42%)
NFLX   395.45 (+0.63%)
QQQ   348.89 (-0.31%)
AAPL   179.20 (+1.07%)
MSFT   330.70 (-0.15%)
META   263.77 (+0.48%)
GOOGL   123.17 (-0.40%)
AMZN   120.21 (-1.19%)
TSLA   199.96 (-0.60%)
NVDA   386.54 (-3.63%)
NIO   7.39 (-0.27%)
BABA   79.23 (+0.71%)
AMD   120.08 (-4.14%)
T   15.79 (+0.96%)
F   12.08 (-4.05%)
MU   68.48 (-4.48%)
CGC   0.81 (-4.30%)
GE   100.91 (-1.46%)
DIS   87.96 (+0.16%)
AMC   4.48 (-3.24%)
PFE   37.78 (+2.08%)
PYPL   61.79 (-0.42%)
NFLX   395.45 (+0.63%)
NYSE:FET

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

$21.46
-1.27 (-5.59%)
(As of 02:03 PM ET)
Compare
Today's Range
$21.40
$22.62
50-Day Range
$20.62
$26.44
52-Week Range
$16.78
$33.84
Volume
25,783 shs
Average Volume
81,504 shs
Market Capitalization
$217.82 million
P/E Ratio
52.34
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 to the oil and natural gas industry. The firm 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, downhole, and subsea markets, as well as other markets, such as alternative energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling, downhole technologies, such as cementing and casing tools, and protection products for artificial lift equipment and cables, and subsea remotely operated vehicles and trenchers, specialty components and tools, and complementary subsea technical services. The Completions segment provides products and related services to the coiled tubing, stimulation, and intervention markets. This segment offers pressure pumping, hydraulic fracturing and flowback services, including hydraulic fracturing pumps, cooling systems, flow iron, wireline cable, and pressure control equipment, as well as related recertification and refurbishment se

Receive FET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Forum Energy Technologies and its competitors with MarketBeat's FREE daily newsletter.

FET Stock News Headlines

Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
Q4 2022 Forum Energy Technologies Inc Earnings Call
See More Headlines
Receive FET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Forum Energy Technologies and its competitors with MarketBeat's FREE daily newsletter.

FET Company Calendar

Last Earnings
2/20/2023
Today
5/31/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
34984V10
Employees
1,500
Year Founded
N/A

Profitability

Net Income
$3.71 million
Pretax Margin
2.32%

Debt

Sales & Book Value

Annual Sales
$699.90 million
Cash Flow
$2.87 per share
Book Value
$54.31 per share

Miscellaneous

Free Float
9,034,000
Market Cap
$230.71 million
Optionable
Optionable
Beta
2.82

Key Executives

  • Neal Lux
    President, Chief Executive Officer & Director
  • D. Lyle Williams
    Chief Financial Officer & Executive Vice President
  • John C. Ivascu
    Secretary, Chief Compliance Officer & Executive VP
  • Michael Dewayne Danford
    Chief Human Resources Officer & Senior VP
  • Katherine T. Keller
    Chief Accounting Officer & Vice President













FET Stock - Frequently Asked Questions

How have FET shares performed in 2023?

Forum Energy Technologies' stock was trading at $29.50 on January 1st, 2023. Since then, FET shares have decreased by 22.9% and is now trading at $22.73.
View the best growth stocks for 2023 here
.

Are investors shorting Forum Energy Technologies?

Forum Energy Technologies saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 62,400 shares, an increase of 5.6% from the April 15th total of 59,100 shares. Based on an average daily trading volume, of 84,100 shares, the short-interest ratio is presently 0.7 days. Currently, 0.7% of the company's shares are short sold.
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, August 3rd 2023.
View our FET earnings forecast
.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) announced its quarterly earnings data on Monday, February, 20th. The oil and gas company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by $0.08. The oil and gas company had revenue of $190.70 million for the quarter. Forum Energy Technologies had a negative trailing twelve-month return on equity of 2.22% and a net margin of 1.29%.

What ETFs hold Forum Energy Technologies' stock?

ETFs with the largest weight of Forum Energy Technologies (NYSE:FET) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC),

When did Forum Energy Technologies' stock split?

Forum Energy Technologies shares 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 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 Dimensional Fund Advisors LP (2.71%), Allspring Global Investments Holdings LLC (2.32%), Tejara Capital Ltd (1.95%), Hotchkis & Wiley Capital Management LLC (1.85%), Two Sigma Advisers LP (1.06%) and Acadian Asset Management LLC (0.99%). Insiders that own company stock include C Christopher Gaut, John A Carrig, Michael Mcshane, 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 $22.73.

How much money does Forum Energy Technologies make?

Forum Energy Technologies (NYSE:FET) has a market capitalization of $230.71 million and generates $699.90 million in revenue each year. The oil and gas company earns $3.71 million in net income (profit) each year or $0.41 on an earnings per share basis.

How many employees does Forum Energy Technologies have?

The company employs 1,500 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 5/31/2023 by MarketBeat.com Staff

My Account -