Forum Energy Technologies Overview

  • Status
  • Public

  • Employees
  • 1,800

Employees

  • Stock Symbol
  • FET

Stock Symbol

  • 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.com
Formerly Known As
Forum Oilfield Technologies Inc
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 10344 Sam Houston Park Drive
  • Suite 300
  • Houston, TX 77064
  • United States
+1 (713)
Primary Industry
Oil and Gas Equipment
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 10344 Sam Houston Park Drive
  • Suite 300
  • Houston, TX 77064
  • United States
+1 (713)

Forum Energy Technologies Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Forum Energy Technologies Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Forum Energy Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy indus
Oil and Gas Equipment
Houston, TX
1,800 As of 2024

Houston, TX
 

Wuhan, China
 
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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
You’re viewing 5 of 17 competitors. Get the full list »

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

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 37 investments and acquisitions. Get the full list »

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

To view Forum Energy Technologies’s complete esg history, request access »

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
  • 2 buyers
Offshore Joint Services 03-Aug-2010 Completed
  • 2 buyers
Tri-Point Energy Services 17-Oct-2007 Buyout/LBO Completed
  • 2 buyers
To view Forum Energy Technologies’s complete exits history, request access »

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
You’re viewing 5 of 11 affiliates. Get the full list.  »

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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