Forum Energy Technologies Overview
- Status
-
Public
- Employees
-
1,800
- Stock Symbol
-
FET
- Investments
-
37
- Share Price
-
$19.00
- (As of Thursday Closing)
Forum Energy Technologies General Information
Description
Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.
Contact Information
Website
www.f-e-t.comCorporate Office
- 10344 Sam Houston Park Drive
- Suite 300
- Houston, TX 77064
- United States
Corporate Office
- 10344 Sam Houston Park Drive
- Suite 300
- Houston, TX 77064
- United States
Forum Energy Technologies Timeline
Forum Energy Technologies Stock Performance
As of 12-Jun-2025, Forum Energy Technologies’s stock price is $19.00. Its current market cap is $235M with 12.4M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $19.00 | $18.49 | $12.78 - $21.57 | $235M | 12.4M | 67.9K | -$10.04 |
Forum Energy Technologies Financials Summary
As of 31-Mar-2025, Forum Energy Technologies has a trailing 12-month revenue of $807M.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 465,628 | 446,408 | 381,009 | 425,338 |
| Revenue | 807,312 | 816,425 | 738,864 | 699,913 |
| EBITDA | (40,183) | (43,219) | 45,211 | 78,852 |
| Net Income | (123,889) | (135,326) | (18,876) | 3,712 |
| Total Assets | 790,110 | 815,954 | 821,061 | 834,757 |
| Total Debt | 242,106 | 261,536 | 192,203 | 304,536 |
Forum Energy Technologies Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Forum Energy Technologies Comparisons
Industry
Financing
Details
Forum Energy Technologies Competitors (17)
One of Forum Energy Technologies’s 17 competitors is Oil States International, a Corporation company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Oil States International | Corporation | Houston, TX | ||||
| Sinopec Oilfield Equipment | Corporation | Wuhan, China | ||||
| Natural Gas Services Group | Corporation | Midland, TX | ||||
| Baker Hughes | Corporate Backed or Acquired | Houston, TX | ||||
| Reliance Oilfield Services | Venture Capital-Backed | Calgary, Canada |
Forum Energy Technologies Patents
Forum Energy Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240035356-A1 | Pump out stage cementing system | Active | 26-Jul-2022 | ||
| US-12123280-B2 | Pump out stage cementing system | Active | 26-Jul-2022 | ||
| US-8919841-B2 | Method and apparatus for attachment of a secondary tool handling device to a primary tool handling device | Inactive | 05-Apr-2012 | ||
| US-20130264838-A1 | Method and apparatus for attachment of a secondary tool handling device to a primary tool handling device | Active | 05-Apr-2012 | E21B19/06 |
Forum Energy Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Forum Energy Technologies Investments & Acquisitions (37)
Forum Energy Technologies’s most recent deal was a Merger/Acquisition with Advanced Oilfield Technology Company. The deal was made on 25-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Advanced Oilfield Technology Company | 25-Apr-2025 | Merger/Acquisition | Other Commercial Services | ||
| Variperm Energy Services | 04-Jan-2024 | Merger/Acquisition | Oil and Gas Equipment | ||
| Reach Production Solutions | 01-Mar-2022 | Merger/Acquisition | Oil and Gas Equipment | ||
| Hawker Well Works | 20-Dec-2021 | Merger/Acquisition | Oil and Gas Equipment | ||
| Global Heat Transfer | 05-Oct-2018 | Merger/Acquisition | Oil and Gas Equipment |
Forum Energy Technologies ESG
Risk Overview
Risk Rating
Updated January, 18, 2025
31.5 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,673
Rank
Percentile
Energy Services
Industry
of 96
Rank
Percentile
Oil & Gas Equipment
Subindustry
of 76
Rank
Percentile
Forum Energy Technologies Exits (3)
Forum Energy Technologies’s most recent exit was on 12-Jul-2011 from AMC Global Group. The exit was categorized as with 2 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| AMC Global Group | 12-Jul-2011 | Completed |
|
||
| Offshore Joint Services | 03-Aug-2010 | Completed |
|
||
| Tri-Point Energy Services | 17-Oct-2007 | Buyout/LBO | Completed |
|
Forum Energy Technologies Affiliates
Subsidiaries (11)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Houston Global Heat Transfer | Humble, TX | 2017 | |
| Forum Energy Services | Houston, TX | 2014 | |
| Hawker Well Works | Kimball, MN | 2012 | |
| Fet Holdings | Houston, TX | 2011 | |
| Wayne Wilk | Houston, TX | 2009 |
Forum Energy Technologies FAQs
-
Where is Forum Energy Technologies headquartered?
Forum Energy Technologies is headquartered in Houston, TX.
-
What is the size of Forum Energy Technologies?
Forum Energy Technologies has 1,800 total employees.
-
What industry is Forum Energy Technologies in?
Forum Energy Technologies’s primary industry is Oil and Gas Equipment.
-
Is Forum Energy Technologies a private or public company?
Forum Energy Technologies is a Public company.
-
What is Forum Energy Technologies’s stock symbol?
The ticker symbol for Forum Energy Technologies is FET.
-
What is the current stock price of Forum Energy Technologies?
As of 12-Jun-2025 the stock price of Forum Energy Technologies is $19.00.
-
What is the current market cap of Forum Energy Technologies?
The current market capitalization of Forum Energy Technologies is $235M.
-
What is Forum Energy Technologies’s current revenue?
The trailing twelve month revenue for Forum Energy Technologies is $807M.
-
Who are Forum Energy Technologies’s competitors?
Oil States International, Sinopec Oilfield Equipment, Natural Gas Services Group, Baker Hughes, and Reliance Oilfield Services are some of the 17 competitors of Forum Energy Technologies.
-
What is Forum Energy Technologies’s annual earnings per share (EPS)?
Forum Energy Technologies’s EPS for 12 months was -$10.04.
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