
FET · NYSE
Forum Energy Technologies, Inc.
$88.76 -2.07 (-2.28%)
Company overview
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 offers drilling technologies, well construction equipment, and subsea remotely operated vehicles and related services. The Completions segment provides hydraulic fracturing pumps, wireline equipment, and coiled tubing products. The Production segment supplies engineered process systems, production equipment, specialty separation equipment, and industrial valves. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. It was incorporated in 2005 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Exchange
- NYSE
- Market cap
- $1B
- Employees
- 1,800
- Headquarters
- Houston, TX
- Website
- f-e-t.com
- CEO
- Neal A. Lux
- Listed
- April 12, 2012
- P/E
- -184.92
- Dividend yield
- 0.00%
Company financials
- Revenue
- $807M
- Gross profit
- $222M
- Operating income
- $21.3M
- EBITDA
- $78.7M
- Net income
- -$6.3M
- EPS
- -$0.48
- Total assets
- $763M
- Total debt
- $240M
- Gross margin
- 27.47%
- Net margin
- -0.78%
- Earnings yield
- -0.54%
Showing FY 2023